First i urge all members to watch this medicine shop video. Then let us discuss why trade margin on medicines must be capped as the miracles cannot happen every day. more
First of all the principle of writing MRP must be fixed and any entity found guilty of inflating MRP against the laid down instructions should be booked for heavy financial penalty plus other legal actions. more
More than general, cutlery, other day today requirement shopes, one can find more medical shopes in every street. All shops have good business. Recently,when interacted with a shop owner, his comment was profit margin is much more than in any other product. All medical shopes now days extend 10 - 15% discount on all products, which, shop keepers were not extending. Business is cash and carry. Unless without good margin, this many shopes cannot flourish. more
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