PTR & PTS Calculator
Calculate Price To Retailer (PTR) and Price To Stockist (PTS) instantly.
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PTR
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PTS
In the Pharma business, deciding pricing for retailers and stockists for your products is the key to enhancing the margins and profitability. The first step is always deciding the Maximum Retail Price (MRP) of medicines based on the cost you bear for manufacturing. It is the highest price a consumer can pay to purchase medicines, and for bulk orders, you can give discounts to retailers and stockists. Price to Retailer (PTR) is the price at which a chemist shop buys from a distributor. PTS (Price to Stockist) is the price that a stockist or big distributor buys directly from the manufacturer or pharmaceutical company.
Challenges faced by Pharma companies when deciding PTR and PTS:
- Prices often change because of tax and discount rules, and it is very hard to maintain the prices product-wise.
- The margins of retailers and stockists vary by product or market. So calculating the fair amount of margin is always difficult to calculate manually.
- GST variations of products also create issues in planning the right margins for stockists and retailers.
- Manually calculating the net scheme value for promotional offers takes a lot of time.
- Calculating margin rates of multiple products with different MRPs is also very time-consuming and prone to mistakes.
How does the Calculator help?
- Our calculator uses the MRP, GST rate, and margin percentages and quickly shows the correct PTR and PTS for the medicines.
- With our calculator, you can save time and reduce human errors for a larger set of batches.
- This calculator helps set clear prices and fair margins for retailers and stockists without any hassle.
- It is very easy to use; you can check how changes in margin or tax affect your selling price and plan things accordingly.