Flipkart's HealthPlus Franchise Explained

As a consultant who often advises on small business ventures, I’ve found the Flipkart Health Plus franchising programme for you. I would like to analyse its potential, highlighting both the appealing aspects and the key considerations for any entrepreneur looking to enter the healthcare space. Before we get started with the Flipkart Health+ partner programme, you should know about SastaSundar, a digital healthcare platform established in Kolkata.

 

What is SastaSundar?

SastaSundar, launched in 2013 by Banwari Lal Mittal and Ravi Kant Sharma, is an online pharmacy and digital healthcare platform. It has quickly acquired popularity among customers looking for affordable and convenient healthcare options because it provides free home delivery services and prescription medicines.

 

What is Flipkart HealthPlus?

Ever since its inception, Flipkart has revolutionized the landscape of online retail. Flipkart made a significant move in April 2022, acquiring a majority stake in Sastasundar Healthbuddy Limited. After this acquisition, Flipkart rebranded the healthcare segment as Flipkart Health Plus and made its official debut in the healthcare sector.

Programme Details

  • Earning Potential: The potential to earn up to 1 lakh rupees per month.
  • Zero Inventory Investment: Franchisees are relieved of the burden of stocking inventory, reducing upfront costs.
  • Extensive Product Catalog: Access to over 60,000 medicines and healthcare products ensures a comprehensive offering to customers.
 

Why Flipkart HealthPlus?

Low investment

Starting your own business with Flipkart Health Plus requires a relatively low investment.

Brand recognition

Flipkart is a household name in India, and being associated with it brings instant credibility and trust to your store.

Medicine Delivery

Flipkart ensures seamless delivery of medicines ordered online.

Diverse Product Range

A wide array of medicines and healthcare products are available.

Support and Training

Flipkart provides training on store management, product knowledge, and customer service, equipping franchisees with the necessary skills to run their business effectively.

 

Tips for Potential Franchisees

While the program presents promising opportunities, it is crucial to approach it with a clear understanding of the challenges involved:

Market Saturation

The healthcare market, particularly the pharmacy segment, is witnessing significant competition.

Marketing Efforts

Establishing a strong local presence through targeted marketing initiatives is crucial for attracting and retaining customers.

Operational Demands

Running a successful franchise requires dedication, long working hours, and a commitment to adhering to regulatory guidelines.

Profitability margins

While Flipkart offers a net profit of 7.5% on the MRP of products, combined with potential retailer discounts and offers, profitability ultimately hinges on operational efficiency and effective marketing.

 

Eligibility Criteria

Valid licenses

Possession of all necessary licenses, including a pharmacy license,  a Trade License, and a Goods and Services Tax (GST) registration.

Compliance with regulations

Adherence to all applicable laws and regulations governing the sale of medicines and healthcare products in India.

Technology infrastructure

Access to a computer, internet connection, and a reliable printer as per Flipkart’s specifications.

Suitable location

Securing a commercially viable retail space with the minimum area specified by Flipkart.

 

How to Get a Flipkart HealthPlus Franchise?

To explore franchise opportunities, visit the Flipkart Health Plus Franchise Application Page. Fill out the necessary details, and the team will guide you through the process.

 

Conclusion

I’ve provided an overview of Flipkart Health Plus, highlighting its benefits, things to keep in mind, and eligibility criteria. It’s important to remember that I am a consultant, and this information should not be considered financial advice. Always consult with qualified professionals before making any investment decisions.😊