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To start an online pharmacy, you need to follow these steps.
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Online Pharmacy Solution: By Online Medicine Delivery You Can Increase Your Pharmacy Sales The growth of the Internet and smartphone users have prompted many traditional businesses to integrate technology into their business operations, which enables them to serve customers efficiently and optimize their supply chain and other business tasks. During the past few years, India has seen tremendous growth in regular smartphone users and the number of online users. These two factors have contributed to the rise of eCommerce platforms developments and internet being accepted way of purchasing products. Purchasing medicines and medical equipment are no exceptions to this. Owing to the various patient safety risks associated with the purchase of medicines, the particular segment of online medicines has seen a surge in its user base and therefore online medicine delivery is becoming a new norm.
Marketing research firm techARC reported that as of December 2019, India had more than 500 million smartphone users. This was a 15 per cent increase from 2018. It also reported that "1 in every 3 smartphone users shops online in India." This is such a big market and also one that is growing. So it has good potential to serve customers. Indian companies have a lot to gain by switching to online. One article in McKinsey urged the Indian companies to adopt the digital wave, “Indian consumers have strongly embraced digital technologies. Now India’s companies must follow suit.” During this COVID-19 related lockdown, demand for e-pharmacies has skyrocketed. As one article in Financial Express put it, “Households ordering medicines from e-pharmacy startups grew 2.5x amid lockdown; to grow 8x in 4 years.” So, when it comes to e-pharmacies there is no demand issue. Demand is at an all-time high, but whether the pharmacy shop owners can rise to the occasion and provide online medicine delivery remains to be seen. Why Online Pharma Applications are on the rise? ●They allow consumers to get their medication without going outside and risking their lives. ●Placing orders is very easy, they upload the prescription and get it delivered at their doorstep. ●A clean user experience encourages them to purchase more from the App. How Online Pharmacy Solutions increase your sales? By adopting online pharmacy solution, the pharmacy shop owner gets the dual benefit. The existing sales of their pharmacies will increase because their offline store will remain operational and their online website or app will give them more exposure in the market. An online pharmacy will enable them to start online medicine delivery and serve a broader customer base.
What is the procedure to start selling medicines online? To start an online pharmacy, you need to follow these steps. 1. Understand The Laws Governing Online Pharmacies Owing to all these complexities, different countries already have set up laws and rules intended to control the sales of pharmaceutical items. However, they are solely focused on physical stores and not on online pharmacies. Thus, there are many grey areas in the laws of certain nations. Your premises should have to be approved by the local statutory body before you make the first sale. 2. Select And Secure Your Brand Name And The Domain Name This is one thing you’ll need to do as fast as possible. If you’ve chosen a proprietary or a partnership structure for your business, you’ll have to independently register your brand name and purchase the domain for that name. You can purchase .com, .in or any other domain that best suits your needs. You need to purchase an App Store and a Google Play Store accounts also. 3. Decide The Structure Of Your Business And Get Licenses If you are a registered drug specialist, Excellent! You are good to go. If you aren’t, you’ll have to get registered for the same. The drug specialist might be a paid representative, a business partner, or a board member. Look at the prevalent laws in the country you will be working from, to see whether there is any limitation in regards to this. 4. Pick The Right Platform For Online Pharmacy Store After you understand the regulations, it’s an ideal opportunity to handle all the features on various technology platforms. Pick the best e-pharmacy platform for your online store. 5. Identify Suppliers and Delivery Partners Since your online pharmacy store will sell sensitive products, medicated formulations, health supplements, OTC medications - you must select your suppliers and other partners responsibly.
6. Build-up The Workflow And Systems For Your Online Pharmacy Store One challenge that online pharmacy needs to overcome is how they will handle a prescription and verify its legitimacy. While dispensing out medicines, you’ll need a solid system set up to ensure there are no errors. Eventually, you’ll need a platform development company that can develop the platform bearing your brand name and fulfilling your requirements. This is where Pharma IT Company like EMedStore can help you out. We are a premier Healthcare IT company that not only helps you with your online drugstore mobile app development but also gives you online pharmacy sales tips. We are here to help you with our 10+ years of experience in the domain of Pharma IT. We can build a high-quality android app, iOS app and a website for your business. Want to experience why clients across the globe are relying on our services for their online platform development needs? Get your free demo here. Contact us to develop your online pharmacy application within just 5 days: Call +91 97377 12429 / +91 72020 97862 Have a query? Mail us at info@emedstore.in
