How will a Prescription Delivery App help your Business?

There is no doubt about how big eCommerce has become these days. Millions of people who are dependent on the internet for their shopping needs. There are people who conduct their entire business over the internet. The numbers should tell you, the sheer size of the market. The eCommerce industry accounts for $14 trillion annual sales globally.

If that is not huge, we wonder what is. The most interesting thing about ecommerce is that it is growing at an unbelievable rate. Studies indicate that the current rate of growth is estimated at a 10% growth annually. And yet, there is a new business model you will see almost every day.

prescription delivery app

One such uncharted business model that is thriving but not yet very well known is the prescription delivery app business. It brings to you an exclusive prospect for aspiring or veteran businessmen to tap into this $30 billion industry. This massive industry is believed to reach the number of $55 billion dollars by the year 2020.

A medicine delivery startup might seem to be a difficult thing to begin however, if you understand the fundamentals behind it, it should be cake walk. The most important thing before you take the decision of starting an online pharmacy store or getting a prescription delivery app for it, you will have to get accustomed to all the rules and regulations that are a part of the business.

Getting a hang of how the business works

The basic of such an app is to ensure that the life of your customer becomes easier because you are giving them the option of being able to place an order for medicines from the convenience of their smartphones. They aren’t required to go anywhere, visit a shop or bargaining. Such an app is a blessing for the every customer and is definitely the best way for pharmacies to make money.

Since it is so comfortable for people to use, naturally more and more people will migrate to using online solutions. But, the first step is to ensure that people know of this solution and that they can exploit it for their advantage.

How will this medicine delivery start up make money?

Usually the basis of the business is to ensure that the app owner is able to earn revenue each time someone makes a purchase on the application. This is in terms of a commission that gets deducted from the price of the pharmacy’s amount.

Basically there are two ways to proceed with this  prescription delivery app:

You are a pharmacy

If you are a pharmacy, you can have this prescription delivery app to help all your customers to be able to get the medicines that they need delivered to their doorstep with the help of the app. you can charge n additional convenience fee and thereby make the delivery possible.

You aren’t a pharmacy

If you aren’t a pharmacy, then you can have this app and offer it as a platform for different pharmacies to register and make their goods available there. For example, there are 15 pharmacies in your chapter. Your app can become the platform that all these pharmacies need. So, now instead of individually owning an app, these pharmacies can simply register with your app and then make sure that their customers can order their medicines right there.

The app owner (that is you) will have drivers who will simply go to the pharmacy and pickup the medicines and then deliver it to the given address. Which means, whatever the pharmacy is the commission is taken every time the order is placed.

Ads

Advertisements are the most convenient way to make money through an app. The target audience is fix if your app is doing well. Anyone from the wellness and healthcare world will be able to place their ads and you will earn some good money for the same.

Paid listings

This is a movement of inserting a featured section that showcases paid listings from pharmaceutical companies. On the homepage, search result and the page result both are in line .

On Demand Pharmacy Delivery app

Conclusion

The one important take away that you should have from this blog is market prospect. The business of prescription delivery is quite huge. There are so many people all over the world who are trying to get into the foray of such services.

But, just like any other business whoever enters the business first is the one who manages to get the best possible clientele and the most loyal one. So, if you want to get your hands into the medicine delivery startup business, the time is absolutely right. Go for it!

The Costliest Drugs and Drugs In The World

Medicine is probably the one industry after a defense that takes the maximum amount of the country’s budget in Research and Development. Some of the brightest minds of the world sit together and toil endlessly in order to create the best possible solution for any ailment.

Research is a long and arduous process. IT takes years to develop a product and even longer to test it and to make sure that the item developed is giving the desired results. Medicine and drug development don’t always end up being successful. Chances are, that there many drugs that people spend years in developing only to realize that nothing good is going to come off it.

Uber medicine delivery

Here’s a list of the most expensive drugs found around the world

  1. Daraprim
  2. Soliris
  3. Syprine
  4. Viekira Pak
  5. Cuprimine
  6. Acthar
  7. Orkambi
  8. Daklinza
  9. Cinryze
  10. Harvoni

The Medicine Market

People often fear the cycle of treatment unless their insurance covers it. In fact, many people travel to other countries to get their treatment done because it is relatively cheaper. Medical tourism is catching up quickly all over the world.

In a world where everyone wants to earn more and spend less, medical tourism seems to have opened the gates for it. As people travel so much to get their diseases treated, another very interesting side of the pharmaceutical industry has recently developed.

On demand Pharmacy Delivery Apps

It isn’t a shocker that while every industry is shifting towards the on demand delivery model, the pharmacy industry to has picked up its pace. The potential of the medicine market purely from the financial standpoint is huge.

The fact that now there is an app like Uber medicine delivery opens a gamut of opportunities for pharma front-runners. These apps are shaping the way the influx of money can be regulated in a steady and seamless fashion.

How do such apps work?

These apps facilitate delivery of medicines. So, for the most part, they work like a normal taxi booking app except for the fact that the user can choose the medicines, add them to cart and buy them and someone will pick them up for you and deliver it to your home.

The User first downloads the app and registers on to it. Then just like an online shopping app, he can order the items and add them to cart. Once that is done, the app assigns a delivery driver to the particular order who picks it up from the pharmacy and delivers it to the address given by the user.

Why is it Beneficial?

Such apps make a lot of sense for the market because it is eventually a win-win situation for everyone. The User enjoys the ability to get the required medicine without having to go to the store, while the pharmacy stands to make money because more and more people will prefer to get medicines home delivered. Drivers also enjoy added income. What’s more, the app owner can register multiple pharmacies on the app which will ensure that more and more people use it. As app owner, he stands to make a commission every time an order is placed through the app.

How can one start this as a business?

There are two ways to begin an app-based business. You can either develop an entirely new app for medicine delivery from the ground up to be able to get all the features necessary, or you can buy a readymade app that can be launched immediately.

A quick search on the internet will show you many companies that are there who have developed such apps. You can g through them all and pick the one that makes the most sense to you. Please remember that developing an app just like developing medicines is a long and arduous affair. People may or may not be able to do something that they thought they could. This is why buying pre-made apps are the easiest way to go.