“We Serve Generic Medicines Pharmacy” is a flagship trade name of Pharmacy Detailing and Drugstore Management, Inc., duly approved by the Securities and Exchange Commission (SEC) and Bureau of Food and Drug (BFAD), started its franchising operations in the Philippines on October 13, 2010.
Currently, PDDMi offers its franchising business on a nationwide scale and now serving its branches with a vast line of high-quality and affordable Generic Medicines, both adult and pediatric preparations. Also, PDDMi is coming into the market of various premium food supplements and medical devices. Amongst the product classifications promoted are anti-hypertensives, cholesterol-lowering agents, for pain and fever, cough and cold preparation, anti-diabetic, anti-asthma, anti-infectives, anti-allergies, gastro-intestinal medicines, multivitamins, food supplements, topical ointments, lotions and creams, etc.
PDDMi as the franchisor of “We Serve Generic Medicines Pharmacy” has a Pharmacy Management Team, with a blended mixture of specialized experiences in various related fields for more than twenty (20) years now, such as:
- Pharmaceutical Sales and Marketing
- Pharmacy Franchising
- Pharmacy Detailing and Management
- Pharmaceutical Distribution
Vision:
To provide quality and affordable medicines to the people, through 500 to 1000 Franchise Branches Nationwide in Three (3) Years.
How to franchise We Serve Generic Medicines Pharmacy:
Franchise Package: Call
Inclusive of:
- Drugstore Site Assessment
- Guidance in Securing Business Permits
- Hiring & Selection Assistance
- Continuous Pharmacy Training Program
- Consistent Management Consultancy & Assistance
- Guaranteed Supply Chain of Products
- Well-monitored Delivery of Goods
- Competitive Pricing Structure for All Products
- Customized Setting of Sales Objectives
- Marketing Support
- Product Development
- Strategic Territorial Configuration
- Periodic Store Evaluations
- Computerized Point-Of-Sales (POS) Program with Payment Term Offer that Includes both Hardware & Software
- 40% Profit Margin
- 10 Years of Contract Duration
- No Renewal Fees upon Expiration of Contract
- Referral Fees & Rewards
- Personalized Service
Contact Details of We Serve Generic Medicines Pharmacy:
MAIN OFFICE
2F Verde Oro East Plaza
Manila East Road, Sitio Pantayin,
Brgy. Dolores, Taytay, Rizal, Philippines
Mobile: (0917)896-5850 / (0917)477-1839
Email: [email protected]
MAIN PHARMACY BRANCH
#773 A. Bonifacio Avenue,
Barangay San Juan, Cainta, Rizal
Tel: (632) 284-5828 / (02) 467-5593
Telefax: (632) 284-0850
Mobile: (0922)899-4150
Email: [email protected]
Website: www.weservegenerics.com
Facebook Page (This link will open on a new window)
Basics of Franchising We Serve Generic Medicines Pharmacy
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from We Serve Generic Medicines Pharmacy, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising We Serve Generic Medicines Pharmacy is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising We Serve Generic Medicines Pharmacy offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
We Serve Generic Medicines Pharmacy is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like We Serve Generic Medicines Pharmacy due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by We Serve Generic Medicines Pharmacy, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of We Serve Generic Medicines Pharmacy also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising We Serve Generic Medicines Pharmacy
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with We Serve Generic Medicines Pharmacy franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising We Serve Generic Medicines Pharmacy.
4 Check if We Serve Generic Medicines Pharmacy franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful We Serve Generic Medicines Pharmacy franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful We Serve Generic Medicines Pharmacy franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful We Serve Generic Medicines Pharmacy franchisee.