How to choose name for an Ayurvedic Pharmacy?

Query:

Need to start an ayurveda pharmacy. I need a good name for firm as well
good suggestions

Response:

Requirement for starting Ayurvedic pharmacy, you can read at our articles:
Now we will discuss about choosing a good name for your ayurvedic Pharmacy. Choosing a good name is not an easy task as its feel. It’s a difficult work. It may take couple of days, weeks or months to find out a good name that don’t resemble to any other existing brand or company.

Steps for Choosing a Good Name for Ayurvedic Pharmacy:

You can follow following steps to find a good name for your Ayurvedic Pharmacy.

1. Make a list of common words and write down words that you like most e.g. Moon, Sun, Plant, Tree or any spiritual words if you want to choose spiritual name.
2. Choose some initial letters from words you write above like take M/O from Moon, S/U/N from Sun, P/L/T from Plant etc. Suppose we write down S-O-N-L
3. Arrange written word in meaningful sequence e.g. SLON
4. Add more Letters to make it meaningful i.e. Slontech or Slonmech or any other thing you like.
5. Prepare atleast 10-15 names by this way.
6. Shortlist best word from this list.
7. Check availability of trademark at portal: www.ipindia.nic.in . Read more about trademark here
8. Confirm through other means like online searching and business directories that it doesn’t resemble to any other existing name.
9. Add or not any suffix or prefix like ayurveda, herbal, herb, natural, pytoceutical etc as you like

Now you will have your pharmacy name and you can start your ayurvedic business. Read in more detail: Tips for Choosing Name

Character sticks of a Good Name:
  • It should satisfy our business identity need
  • It should be unique
  • It should be small and catchy.
  • It should be easily remember able and pronounceable.
  • It should not have any silent letters
  • It should be technical and professional in nature etc.

Few Business Suggestions:
  • Start with small investment preferably with marketing company.
  • Launch one or two products initially and gradually increase number of product as demand increases and starts to get good response from market.
  • Don’t compromise with quality at any aspect due to rates comparison because quality is must for establishing a product in market
  • Prepare a business plan and choose a marketing type like prescription promotion, OTC promotion, online sale, generic promotion, franchise appointment etc and stick to it.
  • Put your all effort to make it successful.
Hope above information is useful to you...

Related Article:

He is Pharma Entrepreneur having a Ayurvedic Start-up. He loves to share his experience and knowledge what he acquire during his professional life. He is full time blogger, part time entrepreneur and partial time helper for new star-up's

Comments

Post a comment

Send Your Query

Popular posts from this blog

How to Open Ayurvedic Medicine Store?

Image
Ayurvedic medicines (including herbal products) are getting popularities among people. People are very concern about side effects and harm full effects done by preparations containing chemicals and other synthetic products. Whether there are daily used products or beauty and skin care products, customers has started to ask for ayurvedic and herbal products.

Cosmetic industry has turned toward herbal preparations and more than 90% of products will claim as natural and herbal ingredients. Due to increase in demand of herbal and ayurvedic products, opening Ayurvedic Shop is one of the best business opportunity in recent time.

In this article, we are covering the requirements and licenses for opening Ayurvedic Medicine Store through questions and answers.

First discuss about step-wise procedure:
Search for shop (owned/rented) Choose a related name to your storeShop Registration at local authorities if any GST number if your turnover is above 20 lakh annually or selling products online. …
Read more

How to sell Ayurvedic Medicines Online?

As we have discussed in our previous articles, there is no requirement of drug license or any other license for selling of ayurvedic and herbal products. You will need license for manufacturing of ayurvedic products only. In this article, we will cover, how to sell ayurvedic products online.

First have a look at starting ayurvedic manufacturing and marketing business.
Check out: Licenses required for manufacturing Ayurvedic Products
Also check: How to start Ayurvedic Marketing Company?

Now come to online selling of ayurvedic and herbal products. All ayurvdic medicines and herbal products are non prescription products. These are mostly sold as over the counter products as a useful and helpful remedy in certain type of health complications. So you can sell ayurvedic medicines without any restriction online.

For selling ayurvedic medicines online, you will need to compile with term and conditions of the online portal/website through which you want to sell your products or have to set-u…
Read more

How to start Ayurvedic Manufacturing Unit/Company? (Also Covered Unani and Siddha Systems of Medicines)

In this article, we will cover about How to start Ayurvedic Manufacturing unit/Company. Ayurvedic marketing company requires less amount and documents to start whereas ayurvedic manufacturing company require starting a comparatively large amount and documentation.

In previous article, we have discussed about how you can start own Ayurvedic Marketing Company. Read to get more detail about How to start Ayurvedic Marketing Company?

For Starting manufacturing of Ayurvedic and Herbal products, one must have Ayurvedic Manufacturing License for Ayush department of concern state. Every state has a department who look after licensing and other things related to Ayurvedic, Unani, and Siddha system of treatment. Manufacturing of herbal, Ayurvedic, Unani and Siddha products without a valid manufacturing license is criminal offence.

Here we are going to discuss about process, procedure, documents, licenses and required competent staff to start Ayurvedic, Unani and Siddha’s products manufacturing …
Read more