3Meds Franchise In India Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTechSkillsandTech | March 9, 2022 |
The online healthcare business is one of the fastest-growing business sectors in the country. Research indicates that the Indian pharmaceutical industry alone caters to almost 40-50% of the vaccine and drug requirements worldwide. Like food and water, medicines also have become a fundamental need for people in this country and across the world. With the advent of online shopping, people have started buying more medicines than ever before. That is the reason you can see online pharmacies are creeping up in every corner of the city.
When it comes to seeking a reliable and trusted online pharmacy company, 3Meds stands right on top of the list for many consumers. With 3Meds online pharmacy, every customer gets a superior online shopping experience that makes shopping for medicines more easy, comfortable, and quick.In this article, we’ll explore the possibilities of opening a 3Meds franchise. Before you come to an informed decision, it is better to read everything you wanted to know about the franchise, its benefits, USP and requirements, etc. if you are interested, please read the review until the very end.
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3Meds Franchise Wiki
When it comes to the online pharmacy industry, 3Meds is a new entrant that was launched only in 2020 but has grown leaps and bounds in a short period. The main object of 3Meds is to provide a one-stop solution for consumers across the country to fulfil all their health care needs.
With 3Meds, delivery is entirely free, and medicines are sourced only from licensed pharmacies. “Meds @ Doorstep” is their main motto in starting this online venture. Today 3Meds is one of the best online pharmacies that provide prescription medicine and other health care essentials at budgeted prices in a hassle-free manner.
What Is a 3Meds Franchise?
3Meds is an online pharmacy service that acts as an intermediate between the customers and pharmacy stores across the country. Whenever a customer requires some prescription medicines or Over the Counter (OTC) drugs, they need to order all their medical needs on the 3Meds website, and all medicines will be delivered to their doorstep.
What is the USP of the 3Meds Pharmacy Franchise?
One of the main USPs of 3Meds is starting a franchise at a meagre investment, starting at just 3999 rupees only. Since the investment is cheap, we can see business enthusiasts and entrepreneurs queuing up to open a franchise from 3Meds. Another major highlight of this franchise model is that the franchise owner needs not to make any investment concerning stocks.
3Meds Franchise Benefits
Becoming a 3Meds franchise owner provides you with a lot of benefits including:
- 3Meds franchise is one of the few franchise models in the country that lets you open a franchise for as low as 3999 INR.
- 3Meds franchise offers excellent Return on Investment (ROI)
- You don’t need to spend anything on stocks.
- With e-payment, your customers will get a discount of around 23% on all prescribed medicine orders.
- Franchise owners don’t have any restrictions and can deliver anywhere within the country.
- There is also no restriction posed on your earnings. You can earn as much as you need based on your hard work and dedication.
How 3Meds Franchise Works?
Applying for a 3Meds franchise is very simple. Once the franchise partner is chosen, the rest of the process is relatively easy and simple. Every franchise owner will be given a unique partner code.
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- To order medicines, customers or partners need to go to the 3Med website to order
- They can either search for the medicines or upload the doctor’s prescription.
- Remember, medicines won’t be sold without prescriptions except for OTC drugs.
- Choose all the medicines and quantity you would like to order
- The customers/partners need to enter the partner code to obtain the discount.
- Customers will get a verification OTP message on their order.
- Once the order is successfully placed, the customers will get the orders delivered. And the franchise owner will get his commission amount credited to his account.
- Franchise owners can also track all the details of orders and commissions on the 3Meds website.
- Hence, the franchise owners earn a commission without investing in medicine stocks, worrying about delivery, and minimal investment.
3Meds Franchise Cost
3Meds provides three different plans for franchise partners that offer different commission percentages. Franchise partners can choose between the investment amounts of Rupees 3999, 4999, or 5999 plans. The commission percentage varies according to the investment, as stated below:
For Investment of INR 3,999 – Commission is 3%
For Investment of INR 4,999 – Commission is 5%
For Investment of INR 5,999 – Commission is 6%
When it comes to the 3Meds franchise, it is one of the franchise business opportunities that require an investment amount of as low as INR 3999. With such a low investment, there are huge opportunities to earn excellent returns in a short time.
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3Meds Franchise Requirements
3Meds provides support for its franchise partners in various aspects, including:
- Marketing and operational support
- Setting up of signboards, banners, etc
- Training and support for franchise owners about how to take orders
- Regular incentives and awards for best franchise owners
3Meds Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For 3Meds Franchise
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
3Meds Franchise Contact details
Is it profitable or not?
Ans: It is fast moving consumer good products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may varry from place to place, so we are not sure about the investment part.
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