Over the past years, we have seen on-demand services, such as ride-hailing, food delivery, grocery delivery, and parcel delivery. Now, joining the list is Uber for medicine delivery service.
Some startups are providing on-demand pharmacy delivery services, but the industry is still in the beginning stage of a radical change.
This article gives an overview of Uber for the medicine delivery business and how to build an app to run the business.
Ready to dig in?
Why should invest in Pharmacy delivery service?
According to Statista, the global online pharmacy market was estimated to be 29 billion U.S. dollars in 2014. It is forecasted that the online pharmacy market will grow around to reach 128 billion dollars by 2023.
We can infer from the statistic that the market for on-demand pharmacy delivery will increase with time. Thus, resulting in the growth of the market size.
Other reasons that attribute to the growth of the on-demand pharmacy market are,
The pharmacy delivery service is an evergreen business idea.
Usually, people wait in a long queue to get their medicines, and sometimes we observe a rush to stores. There are instances where we wait for a long time and end up knowing the tablets we need are not available.
The app will help people in ordering their medicines online and get them delivered to their doorstep. It solves the core people’s problem creating a never-ending demand.
According to the Global Online Pharmacy Market Report, the revenue of the on-demand medicine delivery app market is expected to cross over $131 billion by 2025.
From this stat, we can say that the revenue of pharmacy delivery would increase in the upcoming year and be considered a profitable business opportunity.
How an app for medicine delivery is beneficial to your business?
When you are starting an online medicine delivery, a mobile app plays a crucial role to grow your business.
It offers benefits such as,
1. Increase brand visibility
The app improves your online brand visibility to customers.
2. Direct marketing to customers
The app for medicine delivery helps business owners to market their brand directly to customers.
The app is seamless and convenient for customers to order their medicines.
4. A source of income
The platform allows pharmacy stores to earn an income by increasing brand visibility and reaching more customers online.
The basic components of an online medicine delivery app
In the Uber-like medicine delivery app, there are major four user groups – Customer, delivery person, pharmacy store, and business owner.
The platform comes with two mobile apps for customer and delivery partners, a web panel for the pharmacy store, and an admin panel for the platform owners.
How do pharmacy delivery services help business owners to earn?
The business owner charges a commission for each transaction from customers, drivers, and pharmacy stores. The service fee can be charged either as a flat fee model or the distance-based fee model.
In the flat fee model, you collect a delivery fee, booking fee, Pharmacy store service fee, and driver service fee.
In the distance-based fee model, you collect pickup fare, drop fare, distance fare (per Km), booking fee, Pharmacy store service fee, and driver service fee.
Wondering about a perfect Pharmacy delivery solution for your business
Look at nowhere but WooberlyPharmacy - Pharmacy delivery app, a customizable and readymade script to set up your business fastly into the market.
The perks of this readymade custom script are,
You can build your mobile apps with Flutter technology, which gives a visually engaging UI.
You get 100% source code and modify it to your requirements.
Build the API of the script with GraphQL technology.
Included all the essential features for the smooth functioning of all business operations.
Suitable for businesses of any size.
Want to launch your own online medicine delivery startup? then, Read this blog, Here SpotnEats explains how to start an online medicine delivery business in 2020.
Check out here: Online Medicine Delivery App