Pharmeasy Franchise/Medlife Franchise in 2021- Cost, Profit, Applying Process

Pharmeasy Franchise|Medlife Franchise: Investment, Commission, Requirement, Contacts

Today we are going to discuss about the Pharmeasy Franchise that what will be the investment, profit, Documents required and how to contact to the company or apply for the franchise? So, first let me tell you one thisng that Pharmeasy acquire Medlife recently. So, now medlife is Pharmeasy. And after reading this article  i can surely say that you can apply for the Pharmeasy Franchise.

Pharmeasy Franchise

 

As we know that pharmacy business is the evergreen business, because after covid 19 pandemic all business sector get many looses except pharmaceutical business.

Also read: How to apply for the SastaSundar  pharmacy franchise?

Pharmeasy Franchise details:

Websitehttp://pharmeasy.in/
TypePrivately Held
IndustryHealth, Wellness & Fitness
Founded2015
HeadquartersMumbai, Maharashtra
Company size1,001-5,000 employees
Specialties
Healthcare, Data, and Technology

If you want to take the Pharmeasy Franchise then you can join. There is network of over  800+ franchise partners that have benefited with Pharmeasy.

Partnering with Pharmeasy would mean growth in your business with a bare minimum investment.

Pharmeasy  deliver medicines in 1000+ cities in India, covering 22000+ pin codes. And also offer diagnostic test services across Mumbai including Thane, Navi Mumbai, Kalyan & Dombivali, Delhi with Noida, Gurgaon, Faridabad & Ghaziabad, Chennai, Pune, Ahmedabad, and Gandhi Nagar, Surat, Vadodara, Lucknow, Kolkata, Hyderabad, Bengaluru, and Jaipur.

Pharmeasy Franchise eligibility criteria :

  • Any person can take this franchise, there is no any particular  degree requirement.
  • Make sure you can generate sales for Pharmeasy in your area.
  • There is not any need to have a shop but if you have shop more n more people visit you shop after seeing the Pharmeasy Signage board.
  • Minimum qualification 10th/12th.
  • Laptop/desktop required.

Also Read: Prestige Xclusive Store Franchise- Cost, Profit, Applying Process

Pharmeasy Franchise Model:

  • Agent-assisted e-commerce model.
  • Focus on new customer inflows & net development.
  • Low investment and multiplied revenue-earning scope.
  • Comprehensive technical support by Pharmeasy.

 

Silver Brand Ambassador Model – INR 20,000 Investment

Benefits include up to 3K worth of marketing material, 3K for reimbursement, applicable to slab-wise commission structure, and a fully refundable amount of 10K.

Additional benefits include: Flyers, banners, Participation Certificate, hoardings, T-shirts, Visiting Card, Posters, Sun Pack, leaflets, Standee, Creatives, Monthly Incentive (Slab wise ), Dedicated Sales Partner. 

Also Read: How to apply for the Tata 1mg Franchise?

Documents Required for Pharmeasy Franchise:

Following are the documents required in case if the vendor is a company.

1. Certificate of Incorporation.
2. PAN card.
3. GST No.
4. Details of authorized signatory along with Board Resolution.
5. Cancelled cheque
6. Shop and establishment license.

In case if the vendor running its business in the form of Partnership firm:

1. Copy of Partnership Deed
2. Details of authorized signatory
3. PAN card
4. Cancelled cheque
5. GST No.

And in case of individual:

1. PAN
2. Cancel Cheque
3. Adhar card.

4. Photograph, Email ID, Phone Number

 

Also Read: How to Open a Rupa Comfort Store Franchise ?

Benefits Of Pharmeasy Franchise :

As a partner, your sole objective is to refer patients to pharmeasy.in. On each referral, you’ll earn a good amount of money as :
1. % commission as :
Type

Franchisee APP

 Web/App

No promo

7.0%

5.0%

Promo

5.0%

3.0%

2. Slab Wise Commission (For Silver Model): Sales above 1L a month to get 1% extra commission on Platform only orders for Women franchisee partners.

Monthly Delivered Sales (INR)% of Lead fees on pharmacy services
Above INR 3 Lakh 0.5% extra commission on the portal only orders
Above INR 7 Lakh1% extra commission on the portal only orders
3.  Commission on Essential & OTC 

Product/ Service

No Coupon

With Coupon

ML Essential & Pvt Label

15%

10%

OTC Product

3%

1.5%

Diagnostic

15%

10%

4. You’ll get a unique coupon code which will give access to a dashboard to download the report of the users coming to Pharmeasy using their coupon codes;
5. Dedicated key account manager on a WhatsApp group who will solve your queries.
6. Axelia Partner certificate and achiever certificate.

Note:

  1. Pharmeasy reserves the right to change or modify the commission structure at any point for any franchisee partner with or without prior intimation.
  2. Any suspicious activity or fraudulent transactions or behavior by any franchise to get higher benefits or hamper the image of the organisation may result in withdrawal of the extra benefit or even the full commission payable to the franchisee.

How to apply for the Medlife/Pharmeasy Franchise?

To apply for the Pharmeasy franchise, you have to follow some steps which is given below:

  • You have to visit its official website of PharmEasy: https://pharmeasy.in/.
  • Click on the above link.
  • Fill all the details properly in the google form, and submit the form successfully.
  • After submitting, you get call from the your local area manager within 2 days.
  • Once you talk to the area manager then you can get all the information about the PharmEasy Franchise in india.

Or you can also mail to the company about the distributorship details on this s[email protected], within 24 hr. you get a reply form your area manager of PharmEasy company.

 

Franchise On-Boarding Process:

  •  You have to fill the form which will be provided by the company.
  • Send the filled form with a scanned copy of your Pan Card, Aadhar card, self-attested, and a canceled Cheque (All Mandatory), along with a copy of Trade Licence and shop documents.
  • Trade Licence and the commercial shop is preferred. The shop must have a shutter gate and concrete roof.
  • Once the document is verified and Franchisee fees is deposited, you will receive your login credentials
  • Onboarding charges are refundable as given in the below details but with a lock-in period of one year.

F.A.Q(Frequently asked question):

Q. Franchise fee is refundable or not?

Ans: Yes, for more details read above article.

Q. Drug Licence is required or not?

Ans: Currently no, but further it may be.

Q. Total Investment?

Ans: There are two franchise model with different investment. 10,000 and 20,000.

Q. Is it profitable or not?

Ans: If you have a good base of customer then it is profitable.

 

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One thought on “Pharmeasy Franchise/Medlife Franchise in 2021- Cost, Profit, Applying Process

  • May 25, 2022 at 2:24 pm
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