Question 1

What are the most popular and top-selling dental products in your range?

Accepted Answer

Tablets, Capsules, Dental paste, Injectables, Mouthwash, Liquid solutions, etc. among many more are some of the top-selling dental range products for the companies listed at PharmaHopers.

Question 2

What is the investment required to start a dental PCD franchise?

Accepted Answer

The initial investment required to start a dental PCD franchise can range somewhere between INR 10,000 to INR 50,000 depending upon the partner company.

Question 3

Are there any hidden costs, like promotional materials or extra fees?

Accepted Answer

The franchisees may charge additional costs for packaging, freight, tax, etc. One should check the terms & conditions regarding the financial aspects of the agreement as PharmaHopers does not have much role in it.

Question 4

How do you ensure timely supply and stock availability?

Accepted Answer

Various strategies such as inventory management systems are followed to monitor the stock levels, forecast the product demand, manage replenishment cycles, safety stock, etc. The close collaboration with the suppliers is maintained. Many companies listed at PharmaHopers update the stock weekly, monthly, or quarterly. It is totally up to the business owner.

Question 5

What is the procedure for placing orders, and what are the delivery timelines?

Accepted Answer

To place an order, the required items, quantity, and delivery date are reviewed and transformed into a purchase order. The prices, payment demands, and other terms & conditions are outlined. After the acceptance of the purchase order by the customer, timely delivery is ensured as per the product type and location.

Question 6

What kind of training or support do you provide for handling dental products?

Accepted Answer

The training regarding product handling, storage, sales, and marketing strategies, building customer relations, etc. are provided for smooth supply chain operations. It varies from company to company and market to market. So coordinate with the company accordingly listed at PharmaHopers.

Question 7

What profit margins can I expect in the dental segment?

Accepted Answer

The average profit margin of 30 to 40 percent can be expected in the dental industry segment depending upon the various factors.

Question 8

Do Companies Listed at PharmaHopers provide exclusive rights for a specific territory?

Accepted Answer

Yes, the franchise agreement gives the right to operate in a specific territory and sell the franchisor’s company brand products in that area. This restricts other franchisees from selling the same brand products in that specific territory. But it also depends on whether the companies will give monopoly rights or not. PharmaHopers has no right to the decision of the individual company.

Question 9

How frequently do you update the product portfolio with new dental medicines?

Accepted Answer

The dental product portfolio is regularly updated from time to time to mitigate the risks of expired stock, and to upkeep with the changing trends of products in the market. So, to check the latest updated product sheet visit PharmaHopers or the company's official website on a monthly or quarterly basis.

Question 10

Can I get references from existing franchisees to assess their experience?

Accepted Answer

It is considered a good idea to get references and guidance from the already existing franchises. Their experience may help you in avoiding any business-related risks. At PharmaHopers we’ll not say much on this, we have listed the best companies that are dealing in several segments. So, you need to check the things at your own before finalizing any company.

Dental Products Franchise in Chandigarh (110 Companies List)

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