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

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