Online pharmacy app development solutions – Everything you need to know.
The current pandemic situation has completely changed the ways by which we used to access our day-to-day activities. So is the case with the healthcare and the pharmacy sector. Telemedicine, remote consultations, online pharmacy delivery services, etc. all of them has become an integral part of our lives today.
In between all of this, the online pharmacy app development solutions has taken the world by storm. Since, a lot of people are staying at their homes, the online pharmacy delivery services have further skyrocketed. Thus, the pharmacy industry is constantly trying to implement new measures to reach out to their customers.
An online pharmacy app with all the advanced features seems to be an excellent solution. But there are a lot of things that one must know before getting into this industry. In this guide, we have explained everything you need to know about online pharmacy app development solutions. So without any further ado, let us begin!
Let us have a look at market statistics of the pharmacy industry to gain more insights.
According to a report done by Statista, the global online pharmacy (e-pharmacy) market size in 2014 was worth around 29 billion U.S. dollars. By 2023, the market is expected to be worth 128 billion dollars.
These numbers are enough for anyone to anticipate the vastness of this industry. Pharmacy industry is growing at a fast pace in the USA and all over the world.
Especially since the pandemic, people are using their mobile phones today to run their daily chores more than ever before. Thus, a pharmacy app development is now more relevant than ever.
Another key reason for the high demand for healthcare app development is due to the rise of chronic diseases such as diabetes and hypertension. Online pharmacy app development solutions will help them to get their medicines delivered on their doorsteps without any hassle.
All the above given factors and the advent of wearable technology have fueled the demand for a super-advanced and productive pharmacy app.
Yes, investing in building a pharmacy app is more profitable today than ever before. The growing popularity for online pharmacy app development solutions has further skyrocketed during the pandemic.
A huge majority of people depend on the pharmacy apps to get their medicines delivered to them. Especially since no one can move out of their houses, the need for robust pharmacy apps is increasing day by day.
Consequently, a lot of offline drug stores have taken their businesses online to fulfill the demands of their customers. This has given a boost to their businesses. Thus to conclude investing in a pharmacy app development is a great idea to kickstart your pharmacy business. Read more about Why do we need an on-demand pharmacy app in this blog.
While one is thinking about starting an online pharmacy business, considering a solid business model is one of the most important steps. A good business model can help your business flourish very quickly.
A good business model is often based on various criteria. One has to closely consider all the aspects before implementing any of the business models.
In this segment of our blog, we have enlisted three different types of business models for an online pharmacy business. One can choose from the following models depending on their needs and type of the business.
So let us begin with our first model-
Medicine delivery app for a single store is an operational model. In this model, the customers place their orders with the online retailers via a pharmacy app. They can do so by submitting their prescription on the app. The online retailers then check for the stock availability of the ordered medicines.
If the online retailer has enough stock of medicines, they send it to the person who ordered it. Finally, the user then makes the payment of the medicines online through the app or even through cash.
This is a pretty straightforward and simple model. However, as the anime suggests , it is only suitable for an individual store. Thus, it is suitable for anyone who wants to take their pharmacy business online. It is an excellent business model for individual store owners who want to expand their business.
The second business model for online pharmacy business is aggregator business. As the name suggests in this business model, one gets into a partnership with local chemist shops.
This business model does not require the online pharmacy to stock in their own medicines since they have entered into a partnership with local chemist shops.
So when a user places an order, the e-pharmacy app checks for the nearby chemist shop to that user, that is also a partner of the e-pharmacy app. Then the app redirects the order of the product to one of these local chemists.
Now the local shops deliver the medicines manually to the customers. To implement this business model into your firm, both the parties that is the online pharmacy and the chemist shop have to sign the terms and agreements before engaging into a partnership.
This sort of business model is suitable for when you want to target a large number of customers covering many locations at the same time.
The third and final model is direct to the customer model. In this business model the e-pharmacy apps try to gain a better and stronger control over the business by reaching out to their consumers directly. They do so by avoiding any middlemen for the delivery of their medicines or any product in general.
However, this business model can be a bit hard to implement when working on a large scale. But it can be an excellent option for small sized businesses since it offers them a chance to connect better with their customers.
Doing so the e-pharmacy app can also save some amount of money by directly dealing with the delivery operations rather than hiring a delivery agency to do the same work. But as mentioned above, it can be a bit daunting to manage all the things single-handedly.
So these were three business models that one can consider while working on online pharmacy app development solutions depending on the needs, type and target audience of your pharmacy business.
In this segment of our blog, let us have a look at the key benefits of an online pharmacy app for customers and for the pharmacists.
Also Read: Why do we need an on-demand pharmacy app?
Now let us talk about the benefits of a pharmacy app for pharmacists.
Any app guide is complete without mentioning the key attributes of the app. So in this part of our blog, we have listed some of the most important features of online pharmacy app development solutions.
A pharmacy app consists of three panels namely- The Customer Panel, The Chemist Panel and finally The Admin Panel. So let us begin with the features of the Customer Panel.
Top 15 features of a consumer panel of a pharmacy app are as follows-
These were our top 15 features of a pharmacy app for the customer panel. One must integrate all these features in their pharmacy app to enhance its performance. Furthermore, implementing all these features in your app will also make sure that you are standing way ahead of the competition than your competitors.
Have an interesting read about the top features of a pharmacy app that you just can’t miss HERE in this blog.
Let us have a quick look at all the important features of the chemist panel on an online pharmacy app.
All these features make the chemist panel of a pharmacy app hassle-free and efficient. By integrating all these features, the workload of pharmacists will be less by many folds.
So these were our top 10 features of an admin panel in a pharmacy app. All these features enable admin to manage their business pretty efficiently.
Apart from all these key attributes, there are some other more advanced features that you can integrate into online pharmacy app development solutions. These features are as follows-
So these were some additional features for a medicine delivery app. Want to know more about such features? Check out our blog: Must have features for a medicine delivery app to know more.
We have compiled a list of top pharmacy apps from which you can inspiration for your own pharmacy app. So here we go!
Finding the best monetization strategy for your pharmacy app is a must. Since without a solid backing of funds your pharmacy app business can never operate successfully. In this segment of the bog, we have listed all the revenue models that one can opt for their online pharmacy app development solutions.
So without wasting any further, let us begin!
1. Commission-based Revenue Model
2. Featured Listing Revenue Model
3. Sell Advertisement Revenue Model
Since we are talking about Online pharmacy app development solutions, it is necessary to talk about the hurdles and obstacles one might face while working on developing a pharmacy app.
The major challenges faced during a pharmacy app development are as follows-
While working on developing a pharmacy app, one must abide by the rules and regulations laid down by Food and Drug Administration (FDA). FDA works on modifying the electronic devices into medical service providers by giving them permission to track their users’ diet, exercise routine, medication, etc,
It is highly important for a healthcare app like an e-pharmacy app to protect its users’ data. The pharmacy app must comply with the Health Insurance Portability and Accountability Act; otherwise legal actions can be taken on these apps.
Thus, if these apps are sharing their patients’ data about their disease or medications, they must comply with the security rules of HIPAA.
Developing online pharmacy app developments solutions is not a one man task. You will require a team of experts to develop a robust and scalable pharmacy app. Apart from app developers, there are many other people that you will need in order to successfully launch and market your app.
A good app development team must consist of the following people-
With Idea Usher you can get all these experts in one place. We will help you to develop a fully functional and highly customized pharmacy app at the best price. Furthermore, we offer our services post-launch too.
Additionally, we will help you to form solid PR strategies to advertise your app successfully in the market. With Idea Usher you can completely revolutionize your pharmacy business.
The development cost of only on-demand is often the most talked topic. Similarly, it is also one of the most important things that you have to consider very thoughtfully. Thus, In this next segment of our blog, let us have a look at the cost of developing a fully-featured pharmacy app.
However. The answer to this question is not very straightforward. We have to consider a lot of other factors to find out the actual cost of development. These factors include Geographical location, Target Platform(Android or iOS), Integrated Technologies, App Complexity and App Design.
Henceforth, developing an app in the USA or Europe is relatively higher than developing an app in any other part of the world. Similarly, if your target platform is both Android and Apple, the cost of development would be higher in that case.
This even stands true for technology stack and your app design. To conclude, the more advanced features in the app, the more will be the cost of development. Apart from UI/UX designing and front and back end development, testing tools also costs a fortune.
Furthermore, the cost of developing an app also depends on the fact that if it is a Native app or a Hybrid app.
Considering all the factors, the cost of a pharmacy app development with all the advanced features and similar user interface is around $45000 to $50000. The price can even go up depending on many other factors.
But if budget is your constraint, then you need not to worry. With Idea Usher, you can create an advanced and productive healthcare app, that too within your budget.
Online pharmacy app development solutions are in great demand due to the advancement in wearable technology in the healthcare sector. They are creating a roar in the market due to their hassle-free and convenient services.
If you are someone who is thinking of developing an advanced and scalable pharmacy or e-pharmacy App, then you happen to be at the right place. Idea Usher is a leading software and app development company that designs web and mobile based solutions for you.
From design to development, we have got you covered! Our team of the best developers will guide you through each and every step of app development be it designing or the marketing of your app. We will cater to all your needs and requirements to produce the best customized solutions.
Furthermore, we use cutting-edge technologies such as Artificial Intelligence, Blockchain Development, Machine Learning, and complement them with human-centric UI/UX design to offer solutions that are futuristic and result-driven.
Our services are not just limited to just designing and developing your app. We offer our services post your app’s launch too- like support and maintenance. Furthermore, we will help you to form effective PR strategies to boost up your app’s performance in the market. And also, getting more app downloads.
What are you waiting for then? Contact us today to get your dream pharmacy app project started! Also, do not forget to check out our portfolio and the comprehensive list of services we offer to our clients across the globe.
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We hope you like our blog – Online pharmacy app development solutions. Pharmacy industry is a booming industry that is continuously flourishing around the globe. More and more people are investing their money in it to earn huge profits.
Thus, investing in developing a medicine delivery app for your offline business right now is an excellent idea to keep up with the latest trends. Even for a startup, it is an excellent idea to work on.
In this Idea Usher’s guide, we have covered everything about a pharmacy app, its features, market trends, its benefits, and cost of development. Furthermore, we have also covered the main business and revenue models for a pharmacy app in this guide.
We hope all your questions about online pharmacy app development solutions have now been answered through this guide. To read more such blogs on pharmacy app development click HERE
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