Tag: Herbal Products Business

  • Cikitsa – Providing Beauty & Healthcare Products From Mother Nature

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Cikitsa.

    In the past, the healthcare and beauty industry has been flexible, but the COVID-19 pandemic has impacted both sectors globally. The healthcare and beauty industry in India is expected to exhibit huge growth in the coming years. People are getting concerned about their health and beauty which makes them choose herbal and natural products over chemical products. The herbal product market is expected to grow at a CAGR 38.5% to Rs.14 billion (US$ 188.6 million) by 2026. Cikitsa has promised to bring well researched quality products to the world. They have aim to provide truthful beauty and healthcare products from Mother Nature.

    Read the startup story of Cikitsa, Founders, ideation, its products, and more about Cikitsa.

    Cikitsa – Company Highlights

    Startup Name Cikitsa
    Headquarters Cochin
    Industry Beauty and Healthcare
    Founders Fazal Rahman and Thamanna Jabin
    Founded 2020
    Website cikitsamart.com

    Cikitsa – About
    Cikitsa – Founders and Team
    Cikitsa – The Idea and Startup Story
    Cikitsa – Name, Tagline, and Logo
    Cikitsa – Products
    Cikitsa – Customer Acquisition
    Cikitsa – Challenges Faced
    Cikitsa – Advisors and Mentors
    Cikitsa – Future Plans

    Cikitsa – About

    Cikitsa is a Cochin based Beauty and Healthcare startup founded in 2020. They offer products inspired by ancient science of healing.

    At this time, their hero product is Cikitsa hair oil that caters to customers who are seeking to alleviate an array of hair issues while promoting hair growth. In addition to that, they have a selection of other nature-based products that cater to a wider audience.

    The company’s short-term goal is to ramp up their product from an eCommerce business to brick and mortar stores spanning across the state. In the next year or two, they are anticipating the launch of their product in some of the flagship stores across the country. With due time and continual growth, it won’t be long before Cikitsa hits the international markets.

    Their core beliefs guide them and help formulate their convictions, their values, and their code of ethics.

    They diligently spend time in bringing the best of nature to their customers in the most unaltered form- from soil to shelves. They are guided by the desire to provide 100% organic, natural, and efficacious products that address their customer’s concerns within a budget.

    Cikitsa – Founder and Team

    Cikitsa Founders - Fazal Rahman and Thamanna Jabin
    Cikitsa Founders – Fazal Rahman and Thamanna Jabin

    Cikitsa was founded by Fazal Rahman with his co-founder Thamanna in 2020, the very year they got married. Right from the inception to this date, her support and contributions to the making of the brand have been nothing short of irreplaceable. Her know-how of the cosmetic space with her passion for all things creative has helped us position themselves in a commendable way.

    Thamanna takes care of and heads the creative and marketing side of things, Fazal Rahman takes on the general operations and financial side of the business.

    Cikitsa – The Idea and Startup Story

    Enterprising, inventive, and extremely driven, Cikitsa’s founder and CEO, Fazal Rahman has always been unafraid when it comes to heading the path less travelled. That would explain why he wanted to venture into the relatively daring task of setting up his own business, despite enjoying comfortably mighty success in his family business. Thus, in many ways, Cikitsa was conceptualized by the founder’s towering entrepreneurial mindset.

    That, coupled with his drive to create a natural, sustainable, and eco-friendly brand that fostered conscious living, Cikitsa was quick to peek through. When he shared the business idea with his immediate family and close friends, the love, support, and encouragement sure gave him the extra nudge to follow through with the plan. To set the wheel in motion, he was quick to identify the prizable and yet often untapped potential of amalgamating Ayurveda into cosmetic products. Thus began extensive research to identify the needs and pain points of their target market. To ensure maximum quality and stringent safety regulations, he sought expert opinion each step of the way.

    Time, energy, and money were invested in formulating, manufacturing, and designing the product to perfection. From sourcing the raw materials right through packaging, binding standards are ensured to provide the best quality products that tackle customers’ pain points without burning a hole in their pocket.

    Cikitsa Logo
    Cikitsa Logo

    When setting up the brand, they were dead set on choosing a name that best represented the intent and purpose of the brand. Because of that, they were bound and determined to steer clear of any and every westernized name.

    Cikitsa was ideated from the Sanskrit word ‘Chikitsa’ which loosely translates to salving therapy or resurrective healing. Considering that it was much in line with their brand and ethos, they didn’t have to think twice and wound up using it without second thoughts.

    Cikitsa – Products

    Cikitsa Hair Oil
    Cikitsa Hair Oil

    At present, their hero product is none other than Cikitsa hair oil. In making this product viable they have fortified pioneering research, ingenious formulas, and synergetic herbs to alleviate irksome hair issues such as dandruff, dryness, lice, postpartum hair loss, etc, and in the course of time, promote hair growth.

    Right from sourcing raw materials through packaging, they take care to stand by their pledge to offer products that are as close to nature in non-prescription formulas. They provide safe, thoroughly researched solutions with no side effects.

    Over time, they have made tweaks to their product, in terms of making the product more eco-friendly and sustainable.


    How To Start Herbal Medicine Products Business – A Guide
    Demands of herbal products are increasing these days. It is great to start herbal product business. Know How To Start Herbal Medicine Business?


    Cikitsa – Customer Acquisition

    As soon as the product was ready to be sold, they reflexively sprang into action and started promoting it on their Social networks. They reached out to their network, both personal and professional, to get the word out about their launches. While the first few purchases came from friends and family, the word fast caught on and they ended up seeing good traction without any paid marketing.

    Thus, by simply leveraging their online presence and harnessing the power of word-of-mouth marketing, they were able to expand their reach and expand their customer base quickly.

    By being hell-bent on tracking and analyzing customer behavior and metrics, they were able to continually make progress. They kept an open mind while listening to their customers’ feedback and were quick to act on their key concerns and suggestions. Not only did this help us in retaining existing customers via repeat purchases, but also furthered positive reinforcements around their product, and attracted new customers.

    They were also quick to create an attractive and functional website to bolster their customer experience further. Launching its website helped us streamline the purchase process, and made placing an order with us a lot more convenient and hassle-free. That, along with implementing good SEO practices and regularly optimizing their web pages for search, they were able to drive a lot more traffic and in turn, more customers.

    Cikitsa – Challenges Faced

    While setting up my business, we, as a team, had to tackle several roadblocks to get where they are today. While most of them were anticipated hiccups, their journey was not without major challenges.

    One of the trying issues was procuring licenses for their products. While getting all the required paperwork for a business is often always tedious and time-consuming, it took us quite a while to wrap up the documentation towards legal compliance. But by being proactive and consistent in their approach, they were able to speed up the process and make things happen.

    Another taxing challenge came in the time of the pandemic when their day-to-day operations were largely disrupted and they were forced to slow down. Nevertheless, their timely interventions and re-direction helped accelerate their recovery.

    Cikitsa – Advisors and Mentors

    When Cikitsa was in its early inception stages, the brand very much benefited from the mentorship and guidance of the directors of my family business. Seasoned professionals and experts in their own lane, they sure helped me navigate the business in the right direction. Even to this date, their timely inputs and pointers continue to steer this business to greater heights. It would also be worthwhile to mention the invaluable feedback and suggestions from my family who are weathered and accomplished business veterans themselves.


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    Cikitsa – Future Plans

    All things considered, the future sure looks bright for Cikitsa. From newer and better additions that customers love, we’re committed to building a brand that’s synonymous with the good old glory of nature.

    In the next few years, they see themselves diversifying their product portfolio and launching thoroughly researched & effectively formulated products to the market. With due time and steady progress, they definitely are going international to cater to a larger customer base across the globe.

    FAQs

    Who is the founder of Cikitsa?

    Fazal Rahman and Thamanna Jabin are the founders of Cikitsa.

    When was Cikitsa founded?

    Cikitsa was founded in 2020 in Cochin.

    What are the products offered by Cikitsa?

    Some of the products offered by Cikitsa are:

    • Cikitsa hair oil
    • Bamboo Tooth Brush
    • Almond Oil
    • Honey
    • Wooden Comb
    • Wooden Razor
  • How To Start Herbal Medicine Business? – A Stepwise Guide

    In recent years, there has been a considerable growth in the sales of herbs or herbal medicinal products and starting a herbal business comes with many prospects. Many people especially from the top developed countries are recognising the benefits of herbal medicine and are switching from the conventional pharmacy.

    Starting a herbal business is profitable but you need a good business model. To start this type of business, you need to have prior knowledge of traditional medicine like be a herbalist, or a Herbal medicine degree.

    The owner must do deep research and create a detailed business model for the product, the price, the promotion, and distribution. Planning and research on different aspects are some of the key factors for a successful business because there is a lot of competition in the market. Here in this post, we will discuss briefly how to start a herbal medicine business and excel in this business.

    How to Start A Herbal Medicine Business
    Step 1: Naming Your Herbal Business
    Step 2: Know Your Herbs
    Step 3: Plan Your Herbal Business
    Step 4: Form A Legal Entity for Your Herbal Business
    Step 5: Open a Business Bank Account for your Herbal Business
    Step 6: Marketing of Herbal Medicine
    Step 7: Getting Permits And Licenses for Herbal Business
    Step 8: How To Promote Your Herbal Business

    FAQs

    How to become a successful online herbalist

    How to Start A Herbal Medicine Business

    Here are steps to start a herbal medicine business in India.

    Step 1: Naming Your Herbal Business

    Planning and researching the name of the business is very crucial. Naming a company can be challenging and time-consuming as it requires a lot of research. Your company name is an important part of your company’s identity. Once you understand what you want your company then start thinking about a particular name that describes your industry also think about words that describe your competitors.

    Using similar names to your competitors makes it very difficult to differentiate your company from the others. Which is why the owner must identify the current trends and avoid following them by choosing a unique name that defines their company.

    Step 2: Know Your Herbs

    Herbal plants
    Herbal Plants

    Before starting into a herbal products business, you should have a basic knowledge of herbal remedies and their applications. You must recognise and have knowledge about each herb that you are using. And ensure that your products are both safe to use and effective. You have to decide which herbs you want to grow in your herbal medicine garden.

    Its always a good idea to focus on a select few when you’re growing for the market rather than offering a huge selection. Being a herbalist, one must only use organic fertilizers, as they help plants grow healthier. The owner must have knowledge on the herbal medicine uses, and identify the herbal medicine plants to expand the product range.

    Here is the list of herbal medicine plant that’s common :

    • Chamomile
    • Echinacea
    • Feverfew
    • Garlic
    • Ginger
    • Gingko
    • Ginseng
    • Goldenseal
    • Milk thistle
    • Saint John’s wort
    • Saw palmetto
    • Valerian

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    Step 3: Plan Your Herbal Business

    Global herbal medicine market revenue, by product
    Global Herbal Medicine Market Revenue, By Product

    Cost

    A clear herbal medicine business plan is essential for a successful entrepreneur. The cost must be planned according to the herbal medicine business model. One way you can reduce the cost is by purchase the medicinal herbs through a wholesaler and by then reselling these herbs online.

    If you decide to open a permanent store to sell medicinal herbs, it will require a person to have access to much more capital. The largest expense for the people who decide to grow their medicinal herbs is the land. Depending on your herbal medicine business and the land size, you will have to pay monthly for rent, utilities, seeds, inventory, and labour.

    Target Audience

    A herb business can have many different kinds of clients or customers. Customers who opt for herbal medicine might be interested in living a naturally healthy lifestyle, some might want it for their physical ailments, while some might already have experience with herbal medicine.  

    Charge of Customers

    The cost you decide to charge your customers solely depends on your product’s quality, uniqueness, and where you choose to sell. Business owners that sell unique products have much more flexibility in setting their prices. The herbal medicine shop business usually has flexible prices for the medicine, while if the owner is starting a herbal medicine business online then they can set fixed prices for the products.

    Profit

    Medicinal herbs businesses that re-sell bulk herbs typically charge 30% or more over their costs. Businesses that grow medicinal herbs can also plant culinary herbs to diversify their customer base. All owners of medicinal herbs businesses can create various different type of  “value-added” products.

    Strength

    When it comes to strength as a company, it will depend on the portfolio of products and the wide range of herbal medicines and teas for different ailments that can meet the needs of a wide range of consumers. The herbal medicine in India is booming as many people prefer organic medicines, especially during the Covid 19 Pandemic.


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    The most common business structure types are the sole proprietorship, partnership, limited liability company(LLC). Establishing a legal business entity such as an LLC or corporation will protect you from being held personally liable if your medicinal herbs business is issued.

    Step 5: Open a Business Bank Account for your Herbal Business

    Opening a separate bank account for the business is essential for personal asset protection. The herbal medicine business owner can then get a credit card for their business account so the personal and business expense is separate. Have a business bank account also makes it easier for accounting and tax filing. Besides that, it also helps in understanding the financial performance of your herbal business.

    Step 6: Marketing of Herbal Medicine

    Herbal medicines can be sold in various dosage and different forms such as tablets, extracts, dried plants, capsules, products among others. The global herbal the medical market is segmented based on the type of the medicinal product, its application, and geography. According to a research, Global Herbal Medicine Market is expected to register a CAGR of 5.88% to reach USD 1,29,689.3 Million by 2023. According to a 2015 report by National Center for Biotechnology Information, around 70% to 80% of people globally rely on herbal sources for their treatment.

    • Marketing via email was one of the first digital advertising methods, but it’s still one of the most effective.
    • Pay close attention to federal, state, and local regulations. The herbal medicine industry has been subject to many investigations regarding product marketing and benefits.
    • Partner with local health-related businesses. Producers will have the most credibility in their communities.
    • Establish a product website.

    Step 7: Getting Permits And Licenses for Herbal Business

    To manufacture any type of Ayurvedic or Herbal products in India, you will need a license from AYUSH (The Ministry of Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homoeopathy) and not from FSSAI. Below are 3 types of manufacturing licenses issued by AYUSH :

    • Complete Manufacturing License – This is a full-fledged manufacturing license. This license is a must, if you decide to market, manufacture your own product, or set up your own manufacturing unit. To get this licence, you will have to fulfil all the requirement that is stated by the state authority of AYUSH.
    • Loan License – This is a manufacturing license which allows you to loan a manufacturing unit of a third party manufacturer to make your herbal products. This way you can reduce the cost of owning a manufacturing unit.
    • Contract/ Third party manufacturing – This license will allow you to use the manufacturing license of a third-party manufacturer to manufacture the product. This way you can only market your products. With this license you don’t have to own any manufacturing unit and don’t have to get any license.

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    Step 8: How To Promote Your Herbal Business

    Product Knowledge

    When we speak of herbs, it is very important to have a basic knowledge of what you are going to sell. It is of utmost importance to know each herb that is going to be a part of your business plan.

    Knowing Your Market

    Creating your herbal product and putting it on your website is not enough to grow your business. You need to identify the ones you are making your product for. Your products need to solve the problems of the target audience. Presenting your product to the wrong group of people will only hold back your business from growing.

    Guiding And Communicating

    Herbal products are needed by consumers when their concerns are related to health. You will stand a better chance of selling your products if you can guide them about the products and their uses. This will instantaneously earn the much-needed trust of your customer which is always a positive aspect in marketing your business.

    Affordable Pricing

    You need to keep in mind that the products you are selling don’t suffer from the issue of overpricing. The urge to keep the products under-priced is helpful for any business owners, you have to vary much care about that you have not faced any losses.

    Branding Via App

    Having an app for your business not only creates a digital marketing channel but also stand out from the competitors.

    Offers Coupons And Discounts

    This is a great way to attract the first batch of customers and lift your business from the ground when you are just a beginner. Offering too much will increase the consumer’s unhealthy expectations. So make the marketing plan with great efficiencies.

    Active On Social Media

    Advertising via social media costs very little and offers other benefits as well. In this way, consumers get involved in the process of marketing your herbal business. You must regularly update your social profiles and the posting of content that are engaging and interesting.


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    FAQs

    How to start herbal products business in India?

    Things to consider before starting a herbal product business:-

    1. Market Research
    2. Know your herbs
    3. Licensing & Registration
    4. Location Targeting
    5. Marketing

    How do I get Ayush license?

    The Procedure to Obtain Licence for herbal products in India:-

    • Visiting the Website
    • Review of Documents
    • Approval by the Commissioner
    • Obtaining the License

    What is Ayush certification?

    Quality Council of India has been engaged for voluntary certification of quality of Ayurveda Siddha Unani (ASU) products. AYUSH Standard and AYUSH Premium Marks are awarded for products moving in the domestic and international market respectively.

    How does a medicinal herbs business make money?

    Medicinal herbs business owners make money by selling herbs.

    What are the expenses for a medicinal herbs business?

    Depending on your business, you will have to pay monthly for rent, utilities, seeds, inventory, and labour.

    What are some skills and experiences that will help you build a successful medicinal herbs business?

    The owner of the medicinal herbs company needs to have an understanding of the proper use of medicinal herbs or must be a herbalist. If not the owner can get a herbal medicine degree or join an online herbal medicine courses.

    What is the growth potential for a medicinal herbs business in India?

    With the ongoing Covid 19 Pandemic, there has been a massive growth of natural products and healthier alternatives to more common medical issues in India.

    How to make herbal medicine?

    To make herbal medicine, the herbalist must have knowledge of types of herbal medicine.