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.
History of 3Meds Pharmacy
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.
Key Benefits of Owning a Franchise of 3Meds
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.
- 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.
Requirements for Starting a 3Meds Franchise in India
If you are looking to start a 3Meds online pharmacy, please read the instructions below about the requirements for starting its franchise.
Partner Plans
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%
Support
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
Minimum Investment
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.
How to Apply for a 3Meds Franchise?
To apply for a 3Meds franchise, you need to open the 3Meds website and browse to the following URL – https://3meds.com/partners.html and provide all the details, including your name, address, state, bank details, etc. It would be best if you also chose the subscription plan, and your commission percentage will be based on your plan.
Once you complete the subscription process, your details will get verified, and you will be provided with a unique partner code. You can start ordering medicines from the 3Meds website using the partner code and earn your commissions.
You can also contact 3 Meds for further inquiries:
By Phone: +91-8595718332
By Email: franchise.3meds@gmail.com
Final Words
Owning a 3Meds Franchise business is hugely profitable as you don’t need to make a high investment to start a business of your own. Entrepreneurs and people looking to start a business can seize this opportunity and get started in applying for a 3Meds opportunity right away. Please provide all your comments and suggestions in the feedback section below.