How can you reach to all cities and states of India to expand your pharmacy business?
A) Open 1,000+ medical stores (Very expensive + monthly cost + tough to manage huge staff)
B) Start online pharmacy (very cheap + 1 time investment + simple)
- Opportunities in the Indian E - Pharmacy Market: US$ 3 Billion and market to grow up to 10-15% by 2025.
- E-Commerce has today become a thriving industry in India, with stiff competition among global and domestic industry giants like Amazon and Flipkart to gain a major portion of the market share.
Among the several segments of e-commerce, one that remains widely untapped with tremendous potential in the future is the online pharmacy market or E-Pharmacy.
- INR 1500+ Crore medicines sold out online in 2017 in India only and it’s just 1% of the market.
- Reach to the entire nation with 1 pharmacy shop + pharmacy app
- It’s the need of Today’s market and it’s the future of Indian pharma business.
- Big online pharmacy of India was started like you a few years ago and now they are a market leader (only the difference is technology) so start your online pharmacy to get new orders of medicines from other cities & states 24X7.
- Development cost is like your 1-month expense of medical store (rent + light bill + salary + expense)
- No need of additional inventory + no extra staff + no setup cost (use your existing medical store to manage new orders)
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