5 Things in ePharmacy You Need to Know This Friday 26/08/22
5 Things in ePharmacy You Need to Know This Friday 26/08/22
eCommerce [🇺🇸]
US-Based GoodRx Strives to Win Back Customers Through Its Subscription-Based Price Reduction Plan
Price-comparing ePharmacy GoodRx, based in the US, is changing course to recoup lost revenue and clients. The company claimed that both its sales and subscriber base increased during Q2 '22, and its mission to provide Americans with affordable healthcare through its subscription-based price reduction platform was still intact. As more pharma advertising budgets go digital, GoodRx stated that it anticipates continued growth. We'll have to wait and see what the future holds for GoodRx and other similar companies.
Read More: PYMNTS
Last Mile [🇪🇸]
With Over 2,3K Pharmacies Connected to the Glovo Delivery App Spain's Pharma Digitalization is Progressing
Due to agreements made by Luda Partners with Glovo and soon Uber, over 2,3K pharmacies in Spain can now sell parapharmacy products online through these two delivery services. Without imposing any fixed trade fees, Luda Partners charges pharmacies a 10% of those sales. Another new service that pharmacists have access to is the technology to combat shortages, which allows them to discover in real-time which pharmacies have the drug so that the consumer can go and pick it up in person.
Read More: La Razon [article in Spanish]. Google Translate in English here.
Financial Results [🇩🇪]
Zur Rose Group’s Revenues Increase as the Company Targets Break-even in 2023
As Germany prepares its ePrescription roll-out on September 1, Zur Rose Group launched a major break-even program that took place during Q2 ‘22. This program aims to improve adjusted EBITDA by $134,4M compared to 2021. Additionally, the company’s new distribution center in Heerlen successfully moved into operation at the end of the Q2 ‘22, with its degree of logistics automation now rising from 50% to 70% and capacity more than doubling from 12M parcels per year to 27M.
Read More: Zur Rose Group
eCommerce [🇸🇪]
Swedish MEDS Recruits Top Talent To Boost Its Management Expertise as the ePharmacy Skyrockets
For MEDS, creating the greatest organization in the sector is crucial to becoming Sweden's top ePharmacy. Björn Thorngren, the company's CEO and co-founder, said that since the ePharmacy has advanced to a brand-new level, it is crucial to bring in not only dedication but also significant management expertise from larger firms. Hence, Sofia Söderqvist, with a broad background in digital and fast-growing firms, has been hired as the new Chief Commercial Officer and Sener Özel as the new Warehouse and Logistics Manager.
Read More: Dagens Handel [article in Swedish]. Google Translate in English here.
Editor’s Choice [🇧🇷]
Brazilian ePharmacies Are Expanding Utilizing a Cost-Cutting Strategy for Consumers
Brazilian ePharmacies have relied mainly on cost savings to draw in and keep consumers. Additionally, Brazil is listed as one of the world's top 15 online sales markets in a report by ecommerceDB that also features 3 Brazilian ePharmacies. Droga Raia, came in 3rd with a 152% increase in sales in 2021 vs 2020. Drogasil, which increased by 85%, was in fourth place, and Drogaria Minas-Brasil, which grew by 75%, was in sixth place.
Read More: Panorama Pharmaceutico [article in Portuguese]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
eCommerce Manager, Viatris [🇪🇸]
More info: LinkedIn
Performance eCommerce Manager, Sanofi [🇲🇽]
More info: LinkedIn
Head of Digital Capabilities - Supply Chain, J&J [🇨🇭]
More info: LinkedIn
Trade eCommerce Manager, Bayer [🇪🇸]
More info: LinkedIn
Key Account Manager - Marketplace, Shop Apotheke [🇩🇪]
More info: LinkedIn
Quiz: Are you an ePharmacy Wizard?
Every week a new trivia question will be asked to you regarding general facts related to the Pharmaceutical sector!
Which fruit was utilized as a tool for teeth whitening?
Strawberry
Apple
Orange
Kiwi
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Strawberry. Since old times malic acid, a tooth-whitening enzyme included in strawberries, was used to whiten teeth without the use of hazardous chemicals or the high price of cosmetic dentistry. Have you ever brushed your teeth with strawberries?