Title: How to start online pharmacy store
1 How To Start Online Pharmacy Store
2- Setting up an online pharmacy store is one of
those options where you not only fulfill your
entrepreneurial dreams but also get the
satisfaction of helping people lead a better,
healthier life.
- The idea of an online pharmacy is centered
around offering a wide choice of
non-prescriptions OTC (Over The Counter) drugs,
filling out prescriptions, delivering in time the
drugs purchased to patients and making their
lives a great deal easier.
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3 The Business Model of Online Pharmacy Store
4- The premise sounds simple. Just like any other
eCommerce business, you can sell products online
OTC and prescription drugs in this case and
make a profit. - Online pharmacy store business models are mostly
classified into two categories, based on how they
operate and make money.
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5- Startups are bringing in various changes to
introduce in different levels of value additions.
For instance, while online pharmacies require
customers to submit the prescriptions online,
some startups also arrange to have the
prescription physically collected from the
customers location. Apart from value addition,
this method lets the pharmacy better verify the
authenticity of the prescription.
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6- The online pharmacies profit is the difference
in the cost versus the selling price of the items
they sell. - There is an opportunity to make money from
featured products. Makers of OTC drugs or
cosmeceuticals (products combining benefits of
cosmetics and pharmaceutical) will be willing to
pay money if the online pharmacy store agrees to
display their products prominently, give top
listings during searches within the website or
provide decent product reviews in blogs.
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7- They make a good profit from selling calcium
fortified drugs, protein supplements and similar
products. The volumes may be smaller, but the
profit margins are higher. - They can carry advertisements. Established
stores can earn good money by accepting ads or
announcing third-party blogs and newsletters.
They may choose to enroll with Google Adsense or
directly negotiate with the advertisers.
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8- Online pharmacies may also be able to arrange
video-consultations of patients with registered
medical practitioners. In return, the medical
practitioners pay a certain fee to the online
pharmacy. - Tying up with institutions like retirement homes
is an option worth pursuing. The residents of
such institutions may have restricted mobility.
Hence, purchasing medicines online make a lot
more sense to them.
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9Features Of An Online Pharmacy
10- Display clearly your must-have certifications
- Firstly, you must build trust about your
legitimacy. On your website, display all
affiliations and licenses clearly so that
first-time visitors can easily find them. - Show complete product information
- Display as much information as is required and
advisable. Customers, present and potential,
should be able to spot products easily. Highlight
all that information that is statutorily required
as well as information you, as a pharmacist,
belief should be shared with consumers of medical
formulations.
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11- Carry a customer credentials section
- Customers base many decisions on genuine reviews.
Place the reviews so newcomers can check out what
kind of service you are offering. - Instill trust by safe payment features
- Customers must feel completely safe when they may
payments. Show prominently how your payment
gateway is superior in terms of ease and safety.
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12- Consider having an app
- An online store can be wonderfully complemented
by an app. Customers will find an app a lot
easier to buy from. At some stage youll want an
app, so why not earlier than later? - Highlight events
- Part promotional, part social responsibility. You
can have a section or run a banner dedicated to
health-related events or articles. This can
include schedules of vaccinations, notifications
of flu in a particular area and so on.
online pharmacy app development
13- Respect privacy
- Your customers buy online because they want
convenience. A number of them also seek privacy
while buying from you. Make sure your systems are
geared towards ensuring the privacy of your
customers. This is not only ethically appropriate
but also legally required. - Act responsibly and ethically
- Respect the law of the land. Take every
reasonable precaution that youd take if you were
a physical store.
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14- Offer to stay connected
- An online pharmacy can offer newsletters for
better engagements. In return, it will connect
email addresses to build a mailing list.
online pharmacy app development
15- We have been specializing in eCommerce website
development for a long time and we simply love
helping people! Get in touch and find out how we
can help you!
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16CONTACT US
pharmacy app development company
Email us at sales_at_infigic.com Call us on
91-79-4004902 Website www.infigic.com
Contact Us to Get a FREE Quote
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