Want to start a Chemist Shop - Need suggestions !!!!

anupmathur

Super Moderator
Staff member
My only worry is how will you ever travel again?! :p
And we will stand deprived of year long logs of brief mountain trips! :grin:
 

Yogesh Sarkar

Administrator
YS, you better visit Rohini. Here a competition among chemist is going on. All the chemist were offering 10% here on all branded medicines, (be it a single tablet or bulk load) and new chemists have started offering 11 and 12% discounts too.
Sir i already get 10% discount on everything.
 

sahilthegoodguy

Well-Known Member
Yes Doc Sunil, The D pharma people charge around Rs 2000-2100 for giving their degree.
In Rohini, their is a strong competition among the chemists. Discounts of 10 % or even more these days.

Thanks, for all your suggestions.
 

Aman Pruthi

Crime Master GOGO
Sahil

Suggestion already given to you around 6-8 months back and if you want to ask anything from Chemist Guy regarding any thing i can arrange the same for you.

- - - Updated - - -

But every body is earning very handsome amount in this business

 
I like add something with your Medical side experience.

Some options are in this line:
1. you can open a Hospital, if possible.
2. you can open a Lab, if possible.
3. Medical Equipments on Hire
3. Medicines
You should Go for Wholesale / Distributor ship.
This is the way You can earn good on Heavy Investments.
If possible try to open a shop running 24 Hour in a famous Hospital (Bhagwati type).
This way you can do good.
I have Friends too in this trade who want to expand, but some limitations are preventing them.
You can get the inside of this line this way also.

Retail Shops are not easy to earn & get returns.
Until you get prime spaces or at Best Hospitals or Good Locations.
Local Shops looks attractive but wholesale business is best, that is not seen.
Here more can be done if invested properly in this way than any Retail Shop.
Cost may be bit up but with good revenue and Commuting Opportunities also be there.
 
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Viny

Active Member
I like add something with your Medical side experience.
You should Go for Wholesale / Distributor ship.
This is the way You can earn good on Heavy Investments.
Dumping leaves Wholeseller/Distributor in worse situation. Companies push 100s of slow moving or not moving stuffs to Wholesellers/Distributors.
And then there are these monthly targets set , in order to keep up the Distributorship of company.
Sales team has to visit all the shops daily to get daily order, transportation cost kills majorly.
 

sahilthegoodguy

Well-Known Member
Satinder Ji, For starting a wholesale business budget needs to be quite high.
Also, retail shops in/near the hospitals are very expensive. Even their monthly rentals are in lakhs.
 
Satinder Ji, For starting a wholesale business budget needs to be quite high.
Also, retail shops in/near the hospitals are very expensive. Even their monthly rentals are in lakhs.

Yes.
But Investment is quite good.
If You are doing it in right manner, it will be fruitful.
After experience, You will like to go this way only.

Partnership is another way, if you want to have experience first.
Then You can move on your own or can make it a bigger business, as things go good.

Distributorship is also good if chosen right products.
This way You can move in Market and make yourself known to retail chemists and companies too.
Start with few products and move on with others as You get more experience.
Every business needs 3-5 years of full attention.
After that you will take everything easy to go with.

It is on You how fast You can mold the market as per your requirement.
Rohini is also a Hub of Distributors.
 
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