SkillsAndTech : Pharmacy business is the evergreen business, because after covid 19 pandemic all business sector get many looses except pharmaceutical business. Tata company acquire the e pharmacy company 1mg. So, I think this is the best option to connect with such a big company. So, in this article you get deep knowledge about all the information about Tata 1mg franchise. What is the Tata 1mg Franchise Cost? How much profit you can earn with Tata 1mg Franchise? Is it profitable to start Tata 1mg Franchise? How to apply for Tata 1mg Franchise? What is the process to get started with Tata 1mg Franchise?
Tata 1mg Franchise Wiki
1mg.com brings to you an online platform, which can be accessed for all your health needs. Get your allopathic, ayurvedic, homeopathic medicines, vitamins & nutrition supplements and other health-related products delivered at home. Lab tests? That too in the comfort of your home. Doctor consult? Yes, we got that covered too.
Tata 1mg’s “Sehat k Saathi” is an integrated franchise opportunity in pharma space. With “Sehat k Saathi” they’re giving you a chance to start a B2B partnership pharmacy business at the cost of Rs. 10,000. It is a low investment business idea with huge incentives in return, tangible and intangible both.
|Company size||201-500 employees|
|Specialties||Technology, Product, Analytics, Healthcare, Medical, Operations, Marketing, and ePharmacy|
Tata 1mg Franchise Benefits
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- After you join Tata 1mg as a “Sehat ka saathi”, you will be given 500 visiting cards, 1 BP machine, 1 Blood Sugar Test Machine and a 1 backlit board (6 ft X 3 ft) for marketing activities/health camps in and around your shop.
- You will be given extensive soft skills and technical skills training and after that, only the sky’s the limit.
- Tata 1mg is the largest healthcare startup in India with more than 25 million delivered orders across 1000 plus cities in India. We at Tata 1mg take utmost pride for being able to become India’s most loved healthcare platform through:
- Providing accurate, authoritative & trustworthy information on medicines and help people use their medicines effectively and safely.
- Getting medicines and other health products delivered at home in 1000+ cities across India from licensed and verified pharmacies at never before prices.
- Providing cost-effective and advanced diagnostic services from certified labs as well as online doctor consults at any time, from anywhere.
- Tata 1mg is an initiative taken in the spirit of public service with a vision to empower Indian consumers and caregivers to select the most appropriate healthcare provision at the best possible price.
Tata 1mg Franchise Cost, Investment, Fees
A one-time initial investment of just Rs. 10,000
Tata 1mg Franchise Requirements
- Hard-working, dedicated, and diligent individuals with an entrepreneurial bent of mind
- Self-motivated and driven to provide seamless care to patients through Tata 1mg services
- A one-time initial investment of just Rs. 10,000
- Any person can take this franchise, there is no any particular degree requirement.
- Make sure you can generate sales for Tata 1mg 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 Tata 1mg board.
Tata 1mg Franchise Documents Required
Following are the documents required in case if the vendor is a company.
- Certificate of Incorporation.
- PAN card.
- GST No.
- Details of authorized signatory along with Board Resolution.
- Cancelled cheque
- Shop and establishment license.
In case if the vendor running its business in the form of Partnership firm:
- Copy of Partnership Deed
- Details of authorized signatory
- PAN card
- Cancelled cheque
- GST No.
And in case of individual:
- Cancel Cheque
- Adhar card.
- Photograph, Email ID, Phone Number
Tata 1mg Franchise Profit, ROI, Margin, Earnings
As a partner, your sole objective is to refer patients to 1mg.com. On each referral, you’ll earn a good amount of money as :1. % commission as :
|Monthly Delivered Sales (INR)||% of Lead fees on pharmacy services||% of Lead fees on diagnostic services|
|Up to INR 5 lakh||6% of the delivered order value||10% of the delivered order value|
|Above INR 5 lakh – up to INR 50 Lakh||8% of the delivered order value||12% of the delivered order value|
|Above 50 Lakh||10% of the delivered order value||15% of the delivered order value|
- Special offers and discounts for your set of customers :
15% savings on Rx meds (Up to 15% off on the Maximum Retail Price-and minimum order value should be Rs 500 or above, delivery and other charges as per Website.)
20% savings on lab tests (20% off on Lab tests)
- You’ll get a unique coupon code which will give access to a dashboard to download the report of the users coming to 1mg using their coupon codes;
- Dedicated key account manager on a WhatsApp group who will solve your queries;
- They will provide marketing support ( 500 visiting cards, 1mg display board, standee’s, Glucometer, BP Machine).
How to apply for the Tata 1mg Franchise?
To apply for the Tata 1mg franchise, you have to visit its official site.
- Click on the above link.
Tata 1mg Franchise
- Now click on the ‘Click Here’ to become Tata 1mg Affiliate Partner.
- Now a new window open in which you have to fill all the required details.
- Fill the form successfully.
- Tata 1mg team will take ~7-14 days to respond, if your application is selected for further discussions and processing.
- There will be a one-time non-refundable sign up fee of Rs. 10,000 + GST, towards onboarding and initial marketing fees.
Tata 1mg Contact Details
Mail Id: email@example.com
B-23, G. T. Karnal Road,
Industrial Area, Delhi -110033, India
5th Floor Tower – B of The Presidency Building,
46/4 Mehrauli Gurgaon Road, Sector 14,
Gurugram, Haryana-122001, India
Tata 1mg Franchise Reviews
Tata 1mg franchise provide accurate, authoritative & trustworthy information on medicines and help people use their medicines effectively and safely. The medicines and other health products delivered at home in 1000+ cities across India are from licensed and verified pharmacies. They also provide diagnostic services from certified labs and online doctor consults at any time, from anywhere.
F.A.Q(Frequently asked question)
Q. Franchise fee is refundable or not?
Q. Drug License is required or not?
Ans: Currently no, but further it may be.
Q. How much total investment required?
Ans: 10000 + GST(18%) = Rs 11800
Q. Is it profitable or not?
Ans: If you have a good base of customer then it is profitable.
Q. What is the Payout Process?
- You shall on the basis of the Completed Order reconciled each month-end, raise an invoice for every month by 15th of next month charging the Commission payable by Company. The company will also raise the PO as per your invoice.
- And You have to sign a hard copy of both invoice & PO & has to share a hard copy with 1mg.
- Please get your agreement and documents processes clear with 1mg so that there is no problem with your payout.
So far we have shared the basics for Tata 1mg Franchise overview. 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