With the awareness regarding health and fitness, there has been an increase in the demand for medicines and supplements in the market. This has helped to boost the healthcare sector and acknowledge the crucial role as well as the importance that it holds. Currently, there are hundreds of pharmacy retail chains and brands in the market that has contributed to and answered the increasing demand for medicines. However, out of all the different brands, MedPlus has been one of the most fastest-growing and known brands in the market, thereby being one of the leading names in the healthcare industry.
By marking its origins or beginnings in February 2006, MedPlus opened its first pharmacy store in Hyderabad. Since then, the brand has more than 1400 + pharmacy stores all across the country. The numbers themselves speak a lot about the brand’s success in the healthcare sector. The brand’s vision wasn’t limited to just offline stores, in 2015, MedPlus launched its own online pharmacy and general store called ‘MedPlusMart.com’. Since the launch of the e-store, it has been the largest e-pharmacy in the country till date as compared to the other brands.
Their success largely counts towards the variety of items that they provide on their e-pharmacy platform which includes FMCG products, medicines, supplements, nutrition products, OTC products, and so on. Apart from this, the e-pharmacy store also offers medicinal details, the feature to store their health records, have a prescription history, and even redeem reward points to the customers who have been using the platform for a while. All such ideas have led to MedPlusMart.com acquiring and serving more than 2,50,000 customers on a daily basis. One of the USP’s of the brand is that they offer the ‘free delivery’ system to its customers as compared to other brands in the healthcare industry.
It is the advantages and the USP’s of the brand that makes it stand out from all the other brands in its sector. For an individual to acquire a Franchise of a brand, it becomes crucial to select the right brand to go with, which can be only recognized by weighing its advantages over other brands in the market.
The various advantages of acquiring the MedPlus Franchise are mentioned as follows.
Investment is always the major concern and significant factor for any individual for considering to acquire the Franchise of any brand. MedPlus offers only one type of Franchise model at the moment for individuals who are interested in the brand. The total investment for acquiring the unit of MedPlus goes between 17 to 20 lakhs INR. This range would differ or vary as per the location chosen by the individual; however, the investment covers all types of costs and brand fee that is necessary.
To acquire the Franchise of MedPlus, you need to pass a few of the criterions to be eligible for being a unitholder of MedPlus brand. The various requirements are mentioned as follows.
To apply for MedPlus Franchise, there are various modes through which an individual can get in touch with the brand representatives. The best and recommended way is to visit the official website of the brand and go through all the details before applying for the Franchise or making any enquiry. By clicking on the ‘Contact Us’ option you would find all the details about the brand. The official website is as follows;
Depending on the location, the investment would vary between 17 to 20 lakhs INR.
Yes, it is the fastest-growing healthcare brand
Currently, MedPlus offers only one type of Franchise model.
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