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ph store

supllying pharmacits with all needs

Egypt
Market: Medicine, Pharmacology, Other, Mobile applications
Stage of the project: Operating business

Date of last change: 04.05.2021
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Idea

Make connections between pharmacists and suppliers for their needs in work
Make another connection between pharmacists themselves to exchange knowledge, drugs, anything

Current Status

we started in 04/2019 with only 8 customers / 8 orders /200 visits / 11 downloads / 17400 revenue ( one city )

04/2021 we reached 530 customers / 4735 orders /7500 visits / 507 downloads / 3721320 revenue ( 6 governerates )

we have more than 3000 accounts
about 1200 of them dealing with us

Market

Pharmacists all over Egypt

Suppliers of drugs and any need of
pharmacists in their pharmacies

Problem or Opportunity

problems are (4D)
Depending on a limited number of suppliers
for purchases
Doing work by manual handling of purchases
Disability to obtain deficiencies in the market
or know the timing of their availability
Different stores from different areas for
different products can't be in one place

Solution (product or service)

Availability of a large number of suppliers which provide variety of prices
Converting manual purchases to self shopping
online and electronic follow-up
Periodic notifications of the availability of deficiencies
Stores of all needs (drugs,medical supplies,cosmetics)
any thing they want we can make special orders

Competitors

Direct Competitors
Till now we haven't any with same idea & operation system

Indirect competitors
There are a lot of indirect competitors But they haven't online soln. , nor viewing different pricesfor same product

Advantages or differentiators

Advantage 1 Ability to purchase all products at the best discounts available from suppliers from one place by one click
Advantage 2 Connection between pharmacists themselves to exchange slow moving drugs instead of losing it .
Advantage 3 Availability of drug index and the possibility of knowing product information and knowing (alternatives , parallels , product prices & discounts)
Advantage 4 Ability to compare the price and discounts of any product by simply searching for it on the platform then buy it with the best price Advantage 3 Availability of drug index and the possibility of knowing product information and knowing (alternatives , parallels , product prices & discounts)

Finance

-Direct commission ( this only till now )
-Marketing for others
-Shipping
-Fees for subscription.
-Ad-based
-Data
-Exclusive agency for some products

Business model

B2B

channels

Sales channel
Delivery channel
Service channel


Money will be spent on

Expansion in new governerates(22%)
Hiring(21-23%)
Development& upgrade (13-14%)
Operation(26-28%)
Marketing(16%)

Offer for investor

in the process of negotiations

Team or Management

Risks

time of shipping
lack of cash flow

Incubation/Acceleration programs accomplishment

we didn't participate in any programs till now

Won the competition and other awards

no

Photos

Photo 1 - supllying pharmacits with all needs
Photo 2 - supllying pharmacits with all needs
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation