Tata 1mg Franchise Application, Requirements, Cost Price, Profit & Contact Number: Hello friends, here today we are going to discuss Tata 1mg Franchise with you through this post. We all are very verse about the downfall of businesses and employment over the last three pandemic years. All businesses and jobs of lots of employees have gone down all over the world due to COVID-19, but the pharmacy business is on top among the few business sectors that remained evergreen. This blog post is about one of the popular pharmacy business franchises launched by Tata Group in India.
Below section, we brought complete information about How to start Tata 1mg Franchise in 2023, the cost price for opening the franchise in India, profit margin, requirements/ eligibility, and the contact helpline number of Tata 1mg. Kindly continue reading ahead.
Tata 1mg Franchise 2023
Let us tell you the 1mg online healthcare company came into existence in 2015 after its separation from BLPL. Prashant Tandon, Gaurav Aggarwal, and Vikas Chauhan form 1mg technologies in the healthcare business sector. Initially, the company started dealing with generic healthcare products, FMCG, and online home delivery of pharmacy and healthcare products. In June 2021, Tata Digital Ltd acquired 55% stakes in the company and renamed it Tata 1mg.
1mg came into the limelight after India’s top business group Tata acquired the company. Since then tata brought so many changes in the company’s business policies. Appointing franchises all over India is one of the important business changes in the company. There are thousands of franchises functioning all over India right now. Tata digital started selling its franchise with the slogan “Sehat Ke Sathi”. Nowadays opening TATA 1mg franchise became very popular and easy for the unemployed or the one who wants to be self-employed.
TATA 1mg Franchise Apply Online – Overview
Below check out the details of the Tata 1mg Franchise Application Process & Requirements:
|Article Subject||How to start Tata 1mg Franchise “Sehat Ke Sathi”|
|Name of the Company||Tata 1mg|
|Owner of the Company||Tata Digital Ltd|
|Head Office||Gurugram, Haryana|
|Application Process||Online mode|
|Training & Expert Assistance Facility||Available Now|
|Official Email ID||[email protected]|
Procedure for Tata 1mg Franchise/ Dealership Application Online
Tata 1mg has appointed a specialized franchise management team to assist everyone who wants to run the franchise. Once you applied for the franchise you will get immediate assistance regarding all the processes of the application and other criteria of the company. You can become an associate partner of Tata 1mg just by filing an application form through the official website https://www.1mg.com/
There are a few simple pieces of information you have to provide online to the company. The rest of the information an expert from the company will take after visiting you. Below is the list of the key information you must have with you at the time of filling out the Tata 1mg Franchise Application Form:
- Valid residential address of the applicant.
- Pan card of the applicant.
- Age proof of the applicant.
- Valid documents of the location of the commercial space.
- GST number if you owned any business.
- Required educational certificate.
Tata 1mg Franchise Cost in India
Basically, after buying a 1mg franchise you have to generate online orders of pharmaceuticals, Lab tests, and generate awareness of the brand in your location. That is the main task you have to perform in your assigned area. rest of the work will be done by the company.
The cost of the 1mg franchise will start from Rs 15,000 to Rs 50,000 depending on your budget. Rest of all you must have a commercial space in your location. All promotional materials like a glow sign board, canopy, and other things will be provided to you by the company.
Profit Margin of Tata 1mg Franchise
Sales of any goods and services by the associate partner of Tata 1mg ‘Sehat Ke Sathi’ will result in the commission or profit margin to the partner. There are simple structures of profit margin within the company. The more you will generate sales more you will earn money. The profit margin varied with the products of sale and service. The company gives you complete field assistance to deliver goods generated by the associate partner. Same as with the services, the company will provide complete service through its channel partners for the leads generated by the associate partner.
Below is the structure of the profit margin with the Tata 1mg Franchise:
|Delivered order value per month||Profit % on Services Orders||Profit % on Goods orders|
|Above 50 lakhs per month||15% of the value of service orders||10% of the value of Good’s Order|
|5 Lakhs to 50 Lakhs||12% of the value of service orders||8% of the value of Good’s Order|
|Sales up to 5 lakhs per month||10% of the value of service orders||of the value of Good’s Order|
Tata 1 MG Franchise Requirements/ Eligibility
Tata 1mg healthcare online systems work the same as others. Sehat Ke Sathi affiliates gain customers just because of trust in the Tata brand in India. Internet healthcare is unfamiliar to several Indians. Tata 1mg links clients with licensed medical merchants countrywide.
The goal of this approach is to increase familiarity and comfort in receiving healthcare services online in India. The Tata 1mg name is associated with a wide range of pharmaceuticals, diagnostic tests, and virtual doctor visits. To find local franchisees, people can avail the healthcare services by typing “Tata 1mg franchise near me” into the search engine on their mobile device.
Below is the requirement for Tata 1mg Franchise/ Dealership:
- Any permanent Indian Resident can take the franchise.
- Owning a commercial shop in an assigned area will generate sales with a brand value of Tata 1mg brand.
- Generating sales in your area is the key challenge for the associate partner.
- You have to pay an initial at least franchise fee of Rs 15000 excluding GST.
Tata 1mg Franchise Franchise Contact Number
As you must be aware that the Tata group is one of India’s top business groups with business operations all over the world in different business sectors. They are quite serious about the queries of the customers and associate partners. there are 24-hour customer helpline numbers available for franchise owners. Even though the company assigns a special franchise support manager for each associate partner.
Below are the details of Tata 1mg Franchise support/ helpline contact number:
- Tata 1MG Corporate Office Address: 1mg Ltd, 5th floor, Tower B, 46/4 Presidency Building, Sector 21, MG Road, Gurugram, Haryana
- Registered office address: 5th floor, Sector B, Vasant Square Mall, VK New Delhi
- Support Email ID: [email protected]
- Official Web Portal: https://www.1mg.com/