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ā€œOne of My Friend Planning to launch Mediwi, an online medicine delivery service under 15 Minutes, I'm curious to hear from my network: What do you believe are the key factors that will determine the success of a startup in the healthcare delivery sp

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CA Yugesh

StealthĀ ā€¢Ā 1d

The healthcare delivery space has immense potential, but success depends on addressing key challenges and differentiating your service. Here are some strategies to consider: Competitive Pricing: Offer medicines at prices lower than local pharmacies to attract cost-conscious customers. Alternative Suggestions: Provide cheaper alternatives or substitutes for medicines, especially generic options. This not only benefits customers but also helps increase your profit margins. Generic Drugs: Selling generic medicines online can be a game-changer, as they are affordable and widely needed (ensure legal compliance). Value-Added Services in Tier 2 and Tier 3 Cities: Attract customers by offering perks like free BP and sugar tests with medicine purchases or even free master health checkups for orders above a certain value. Feel free to reach out for personalized advice tailored to your specific business goals.

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