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 have contributed to and answered the increasing demand for medicines. However, out of all the different brands, NetMeds brand is a name that has been always surging over the top of all the other brands in the market, as it is also a century-old company.
NetMeds is a brand name that was established recently, however, the company has had its presence in India since 1914, which means that it is backed by more than 100 years of experience. Initially, the brand was named as Tamil Nadu Dadha Pharmaceuticals Ltd with its headquarters in Chennai. However, with the changing trend and market, the brand renamed itself and changed its operations with the name of ‘NetMeds’. With 100 + years of experience, the company has been growing rapidly in its industry, with the aim of opening 1000 + stores in the coming years.
It is one of the first Indian brands to have a dominate presence in the online market for the selling of drugs and medicines. NetMeds even offers various health care prescriptions, health care devices, products, etc, that makes their customer’s life easier. In terms of reach and credibility, NetMeds has the highest domination in its market as compared to other brands. They have a strong hold in the online market, and hence the brand has been trying to develop the same position in terms of offline stores as well. With its current numbers, the brand is expected to reach that stage quite soon.
Investment is always the major concern and significant factor for any individual for considering to acquire the Franchise of any brand. NetMeds 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 NetMeds goes between 10 to 15 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.
The interested candidate is not required to have experience in the field, but having so would scale up their chances of getting the franchise
To apply for NetMeds 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 ‘Need Help’ 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 10 to 15 lakhs INR.
Yes, it is a century old healthcare brand.
Currently, NetMeds offers only one type of Franchise model.
It is currently owned by Reliance Retail.
Visit the official website of the brand, www.netmeds.com
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