One of the most progressive technology models, which have evolved over the most couple of years, is tele-medicine that has empowered accessibility to the best doctors at the tap of a button. Another recent innovation that has situated itself as an appealing model in the healthcare space is e-pharmacy store. However, the question is, if this model is digging in for the long haul?
Today, the health space is totally ruled by different intermediaries/ middlemen, many of whom take advantage of the fact that buyers don’t have the data available to them. Therefore, they are forced to pursue blindly. An educated consumer will change the game,” says Prashant Tandon, co-founder and managing director of 1mg.com.
What is e-pharmacy: Myths and Misconceptions
Extensively three models of e-pharmacy/online pharmacy exist in the market today. It is very important to know the difference between these three on the grounds that frequently people misunderstand one with the other.
There are two models which work in this category. One is a commercial place model where a technology company associates neighborhood licensed pharmacies to the end customers. Other is an inventory-based model where e-pharmacy is an online service of an offline authorized pharmacy.
In this model, doctor-prescribed medications are ordered with no validated prescription. There is no check on the validity of the order because of the absence of qualified drug specialists. Additionally, inappropriate record keeping and no audit is a noteworthy area of concern.
The illegal international exchange through online pharmacy store
In this model, medications are dispatched across the international borders with no prescription and approval from the concerned authorities.
These three models have been misunderstood and utilized reciprocally. There is an absence of clear-cut rules around e-pharmacy which would assist the public with differentiating between a genuine organized player and an illicit unorganized player. The European Union has released a mutual logo for legitimately working online pharmacies/retailers in the EU member states as one of the measures to battle against such pharmacies.
Additionally, the e-pharmacy idea has been explicitly notified in a large number of the biggest economies. It is important for India to prepare a few standards for online pharmacy stores. With the right government intervention we can receive the benefits of technology through organized e-pharmacy channels,” say the domain experts.
Setting up an online
pharmacy store is one of the biggest decision where you not only satisfy your
entrepreneurial dreams but also get the satisfaction of helping individuals
lead a superior, healthier life. Online pharmacy store is likewise called the
The Business Model Of Online Pharmacy Store
The premise sounds
straightforward. Just like any other eCommerce business, you can sell products
online – OTC and professionally prescribed medications – and make a profit.
Online pharmacy store
business models are generally classified into two categories, based on how they
work and make money.
The first kind is the place the online pharmacy store itself stocks a huge number of medications. A customer initially submits a valid prescription for the drugs they wish to buy. The online store confirms the accessibility of the items required and the customer makes the payment. The online pharmacy then sends medicines to the customer.
The second kind is different in that they don’t stock the meds themselves. Rather, they partner with nearby brick-and-mortar drug stores. When the customer makes an online request the online pharmacy store checks which partner pharmacy is nearest to the customer’s shipping address or can best ship the order. They gather the payment, instruct partner physically deliver the drugs and offer the revenue according to conditions settled upon.
An online pharmacy
store, at the end of the day, is a business venture. That implies it must have
all the features that are regular to the business.
The following features
are the ones that are one of a kind to online pharmacies.
Show your must-have
Show complete product
Carry a customer credentials
Install trust by safe payment
Consider having an online
pharmacy app development
Offer to stay connected
Act responsibly and morally
have without a doubt seen this, setting up an online pharmacy store isn’t that
difficult, provided you have the right planning and the correct agencies that
can help you through the pharmacy
website development and design.
EMedStore is one of the creative and
clean online pharma app development company to present your awesome mobile app.
it’s now available in app stores and also in play stores.
Online Pharmacy App Development Company
We’re specialists in online pharmacy app development and have successfully developed more than 210 apps for
lading pharmacies for most innovative starts ups.
We, at EMedStore, believe in innovations
and therefore we do not like to stop where we are at the current moment. We
have been the champions of online pharmacy app development but we don’t stop
there. We keep on making new products for pharmaceutical industry to improve the
quality of life for our clients as well as the entire population in general. We
know that internet technologies have contributed immensely in making the lives
of people easy.
Moreover, with Pharmacy ecommerce website
development at such a fast rate, people are opting to go online for all their
needs. The reason is the ease and comfort that they get by doing their shopping
online. Little by little, all the products are available in the online market.
And now, with pharmacies going online, it becomes all the more imperative to
bring about innovation in everything that we do for app development for
We are proud to say that we have launched
some new Online Pharma portal / software recently to bring in more and more
people in the online pharmacy platform so that they can sell medicine on mobile
application or online sell medicine on the pharmacy website.
Contact us to develop your online pharmacy with in just 5 days.
Sales: +91 97377 12429 | International
Sales: +91 98247 28969 | Mail
ID:email@example.com | Website : https://www.emedstore.in/