All You Need to Know About Online Pharmacies Developed By EMedStore

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All You Need to Know About Online Pharmacies
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Introduction

• The rise of the internet has changed how we live
  our lives. From how you communicate, work, search
  for information, shop, and even pay for goods
  online, the internet has left its mark on every
  aspect of life. It's no wonder that it has had an
  impact on how we seek out a doctor as well as
  purchase our medicines.
• The option to purchase medicines online has made
  it easier for everyone. It has enabled customers
  to compare prices before buying medicines from
  their homes. At the same time, it has allowed
  pharmacists to expand their business and add an
  additional revenue stream to their business.

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What is an online pharmacy?

• But what is an online pharmacy? How does it work?
  And what advantages does it offer? Let us dive
  deep into it.
• Online pharmacy is a business of distribution or
  sale, stock, exhibit, or offer for sale of
  medicines through a web portal or any other
  electronic mode.
• Online pharmacies sell medicine order medicines
  online and distribute the medicines to their
  customers. Because of online shopping, the
  purchasing process is much more straightforward
  and faster. Patients can purchase medicine order
  medications from pharmacists who are registered
  on the internet and either pick up their medicine
  orders from the nearest pharmacy or get them
  delivered to their homes.
• The gist of all this is that online pharmacy
  refers to a platform from which people can buy
  medicines without leaving their homes.

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Online Pharmacy Market Overview

• Online pharmacies are one of the few industries
  which have been impacted by the COVID-19 pandemic
  positively. As is evident in the recent report by
  a leading market research agency, "Research and
  Markets."
• During the COVID-19 pandemic, sales of some
  medical items through online pharmacies went up
  by more than 800, and to catch up with the
  trend online pharmacy app development also went
  up. And this has become the norm since then.

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Online Pharmacy Market Growth Trends

• These are some of the factors that have
  contributed to the massive increase in online
  pharmacy app development trends.
• Substantial increase in health awareness demand
  for self-medication
• Greater collaboration among the stakeholders
• A rise in competitive price, heavy promotion, and
  different business models
• Improvement in direct-to-patient medicine sales
• The emergence of electronic medicine orders
• More excellent reliability of online payments
  gateways and an increase in the security and
  efficiency of online payments

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How does an online pharmacy work?

• The end users, i.e., customers and pharmacists,
  are two ends of an online pharmacy platform, so
  their workflow is quite different. So, let's see
  how it works for both of them

For Customers For Pharmacists
Account Creation Account Creation
Medicine Search Listing of Medicines
Adding Items to the Cart Receive Orders
Uploading Medicine Order Prepare Handle Orders
Order Payment Receive Payment
Order Tracking Order Delivery
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Business Models of an Online Pharmacy/Medicine
Delivery App

• Now, lets examine different business models of
  online pharmacies. Basically, online pharmacies
  are of two types

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Why do customers love Online Medicine Delivery
Apps so much?

1. You can get medicines at discounted rates
2. You can order medicines conveniently
3. You can learn more about your medicines

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