E-Pharmacy

₹4,999.00 – ₹71,999.00

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E-Pharmacy Business Feasibility Study Report(BFSR) ₹19,999.00 instock
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E-Pharmacy Business Modelling(BM) ₹4,999.00 instock
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E-Pharmacy Business Plans(BP) ₹59,999.00 instock
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E-Pharmacy Detailed Project Report(DPR) ₹49,999.00 instock
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E-Pharmacy Business Feasibility Study Report(BFSR) + Project Report(PR) ₹62,999.00 instock
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E-Pharmacy Business Feasibility Study Report(BFSR) + Business Plans(BP) ₹71,999.00 instock
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Description

The healthcare industry has always been a sector with opportunities, and now with the advanced technology, the industry is on the edge of growth in the HealthTech. From this sector, one business idea is showing great potential than others which is Online-Pharmacy or E-Pharmacy.

E-pharmacy is the emerging business in the Indian HealthTech and E-Commerce industry, and this business is getting the support from customers, investors and government as well. The principal target market for this business are individual customers, healthcare institutions, schools-colleges, brick-mortal type of pharmacist, etc. Investors are observing great potential in the leading sector of Health-tech.

Recently, the online medical retailing market is competing with local chemists. However, recent trends show that online medicine retailing business is gradually gaining popularity and has earned a lot of interest from people. This type of business requires a moderate initial investment and some legalities.

Today, the potential for the e-pharmacy businesses is growing at an exceptional rate and presently 15+ startups are working on this sector’s growth in different areas of India. The global e-Pharmacy market is estimated to rise with a CAGR of 17.7% to reach an estimation of US $128 Billion by the year 2023. Additionally, the Indian e-commerce industry is expected to grow at a CAGR of over 20%, meeting the US$ 3 Billion value by the year 2024 and it is favorable for the online medicine retailing business.

The key drivers for e-pharmacy business are the growing number of internet-smartphone users, the rise in the use of Internet-based services contributing to the growth of this particular market. Another advantage of e-pharmacy is that a person can easily upload his necessary medicine details on the website or app and order medicine online effortlessly.

Starting an e-pharmacy business is an excellent idea. Therefore, there is a big opportunity for the new entrants for entering this business.

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Additional information

Select Report Type

Business Feasibility Study Report(BFSR), Business Modelling(BM), Business Plans(BP), Detailed Project Report(DPR), Business Feasibility Study Report(BFSR) + Project Report(PR), Business Feasibility Study Report(BFSR) + Business Plans(BP)

Business Feasibility Study Report

This report examines the viability and probability of the project. The applications of this report are to help understanding if the project will become successful or not. This feasibility report will give an idea about how e-pharmacy should resolve the long-term works and financial risks. It is also helpful in recognizing potential cash flow for the e-pharmacy business. When it comes to the operational aspect, the analysis defines whether the plan has the necessary resources or not. Additionally, it gives information about the trends, present-future market, and analyzes the expected growth of the HealthTech industry sector.

The feasibility study should be carried out during the discussion phase of the business development cycle earlier to the initiation of a formal business plan.

Report Highlighting Point:

  1. Business Feasibility: Study of Micro and Macro elements of the Business.
  2. Market feasibility: Includes Market Insights, Market Potential for the Product and/or Services, etc.
  3. Technical and Financial Feasibility: List of Plant Machineries/ Equipment, Laboratory Setup, Calculations on Operating Cost, ROI and BEP.
  4. HR and Infrastructural Feasibility: Location, Building, Utilities, Manpower Requirement, etc.

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Business Modelling

Business Modelling is one of the most essential and differentiating steps of Business Planning. This report enlists the most sustainable, potential, profitable business models for E-Pharmacy Business, and it will explain those models one by one in a simplified manner. The Business Model on “E-Pharmacy Business” represents how the business will create, deliver and capture value for itself as well as the customer. It includes several components like the value proposition, group of target customers, identification of competitors, how the company will develop a competitive advantage and strategies.

The business model will give answers for the following questions: From which process e-pharmacy will make revenues? Which business model is suitable to set up the e-pharmacy business?

Report Highlighting Point:

  1. Business and Concept
  2. Market Research and Analysis
  3. Feasible Business Models
  4. Budget Calculation for Each Model

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Business Plan

Whether you are starting or expanding an existing Tutor Finder Services Business, this business plan is an essential document to guide you through the process. It is a roadmap to success, providing greater accuracy on all aspects of business, from designing, operating service to marketing and finance.

Many business experts acknowledge that having a great business idea is not enough. Even great business idea could be of no use if can’t get executed or implemented strategically. These are the reasons why a well-analyzed business plan is required to get off the ground.

A good business plan can go a long way and help reduce the odds of failure. It serves as a road map that provides direction to the business.

Here are four reasons why business needs a business plan,

1) To raise money for business

2) To make major decisions

3) To identify potential weaknesses

4) To communicate ideas with stakeholders

Report Highlighting Point:

  1. Elevator Pitch
  2. Business Overview:  Market Dynamics, Market Size, Market Potential, Strategic Analysis using Porter’s Model, PESTLE Analysis, SWOT Analysis, BCG, ETOP Analysis, etc.
  3. Project Details: Company Description, Goal Setting, Legal Requirements, Production Process, Logistic and SCM, Sales and Marketing Plan, etc.
  4. Financial Analysis: Includes Capital Budgeting, P&L Statement, Balance Sheet, etc.
  5. Business Projections over 5 years
  6. Milestone and Timeline Planning.

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Detailed Project Report

This report is a document on “E-Pharmacy Business” in which we have analyzed all the information related to technical aspects, financial aspects, profitability, and economic aspects, etc. It is a document which will help in the investment proposal based on accurate information and data for estimating the purpose of the project.

This report is like a detailed roadmap for activities related to “E-Pharmacy Business”. It represents the superintendence in which the “E-Pharmacy Business” should operate and how it will achieve the goals. The importance of this report is as follows;

1) Serves as a Master Plan

2) Describes Direction / Road Map

3) Shows Feasibility

4) Forecasts Requirements

5) Indicates Profitability

6) Helps in Decision Making

Report Highlighting Point:

  1. Project Details: Pre-requisites, Project Implementation Plan, Mech-Structural Plan, Sales and Marketing Plan, Manufacturing Process Flow Chart, Personnel Requirement.
  2. Financial Analysis (5 years): Capital Budgeting, Financial Ratios, etc.

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