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3MEDS and It’s Franchise opportunity

11 July, 2020 Arpita Karmakar

 

3MEDS - What and Why?

3MEDS is a 2020 launched online pharmacy startup that operates over the internet and provides customers medicines at their doorsteps via secured online transactions and through an online web portal and application. 

The 3MEDS App is free of cost over Play Store which is an easy to navigate and reliable application where medicines can be ordered by a few clicks.

Along with that, it has its web portal 3MEDS.com  that can also be used to purchase medicines. 

Why the need for a franchise opportunity?

There has always been a dire need to challenge the existing franchise opportunities for an online startup pharmaceutical business and replace the conventional model with an agent assisted e-commerce model. 3MEDS has made attempts in simplifying the challenging eligibility criteria with the franchise model.

There's absolutely no physical requirement in being a 3MEDS franchise partner, especially no floor area needs. Nevertheless someone with a valid pan card capable enough to manage operations on their own would be the first preference.

The 3MEDS franchise model-

With an aim of disentangling franchise opportunities by empowering small entrepreneurs, this Delhi based online pharmaceutical company, 3MEDS, the best medicine store online in India has gloriously achieved in fulfilling the commitment of providing safe, reliable and affordable medicines to not only potential clients but also to the nearby retailers. 

Starting up an online pharmaceutical business in this rapidly competitive economy needs a significant gut factor. Believing that people would leave their ages old retail store and bring their health requirements to someone new in business would be inane. But driving past the hurdle, this 5 months old yet high on review startup has already set up a firm base and now intends to scale across all over India  with a unique franchise business model. 

The key features of the 3MEDS franchise model are-

  • Lowest possible investment, starting at Rs 3999. 

  • Maximum Return on Investment. 

  • Absolutely no restriction on earning. 

  • No clear delivery or payment headache. 

  • Franchise partners will have in-depth marketing support by 3MEDS on various platforms.

  • About 23% discounts on prescription medicines to customers with COD, net banking and other e-payment options.

  • Agent assisted e-commerce model to ensure quick transactional facilities and hassle-free delivery. 

How simplified is the process? 

Once the partner is involved and is up with all the formalities, the rest of the procedure in being the franchise partner is very simple. 

  • Each partner will be provided a Partner Code which is unique to all the partners. 

  • The partner will then collect the prescription from the customer (no medicine to be sold without proper prescription). 

  • Select Medicine and go to the shipping detail page and use the 3MEDS Partner ID while placing the order at the option of Referral Key. 

  • A Verification OTP will be sent to the customer. 

  • Once the order is placed, the partner gets access to the 3MEDS Partner Dashboard to track all the data and status. 

  • Order will be at once dispatched and delivered to the customer with invoice by the 3Meds partner vendor and the Franchise will be awarded a commission amount. 

  • The partner earns the commission without any delivery, payment or stock headache. 

What are the other benefits associating with 3MEDS? 

The best online health care application provided by 3MEDS is committed to provide secured, reliable and affordable medicines through just a few clicks. 

We provide a hassle free delivery from verified and licensed pharmacies cross checking every individual medicine. We are accredited with Online Quality Certification which guarantees the quality of the drugs being sold by us. 

Any payment done via our app or site is encrypted and kept safe from fraudsters. We take the sole responsibility of ensuring that payment details are stored safely via an intelligence team to keep customer information confidential.

Not only delivery, we let nearby pharmacies help each other and retain their clients in a convenient manner acting as an intermediate between the consumer and the licensed pharmacies 

We deliver products with fresh manufacturing dates and at least 3 months of expiry remaining. 

We follow a standard delivery time of 3-5 business days with 24x7 operational hours. 

Along with all these 3MEDS is the price advisor of cancer medicines in India and is committed to provide safe, reliable and affordable medicines rates. Order 100% genuine medicines and health care products at a 23% discount rate. 

Conclusion:

This simplification of franchising reflects the confidence that 3MEDS have in the partners and eventually the partners have in the attempt to change the structure of pharmaceutical business. This merger will result in a larger and improved consumer base putting the company on a flight of success without harming the reputation it's known by.