Amazon Launches Online Pharmacy, Giving a Blow to Other Industry

Sudeshna Dutta

5th Dec'20

Amazon is a multinational e-commerce technology company that aims at e-commerce, cloud computing, digital media, digital streaming, and artificial intelligence and now in the pharmacy and health sector as well. It is considered to be one of the large Five companies within the U.S. information technology industry, along with tech giants like Google, Apple, Microsoft, and Facebook.


Amazon opens up a new pharmacy business

Amazon stated it would provide typically prescribed medications, which include creams, pills, along with medicines that can fight with cold, like insulin. 103 CLAPS zero Now bought on Amazon - insulin, and inhalers. The enterprise opened an online pharmacy business this week, giving Amazon customers the right to purchase their remedy and order refills on their telephones and have it delivered at their doorsteps in just a couple of days, simply like an ebook or cosmetics. Read more.

The cross propels Amazon into a new business, probably giving a blow to the pharmacy industry as it has finished reaching from e-book dealers to toy shops and grocers. Big tech chains like CVS and Walgreens count on their pharmacies to provide them with a regular drift of customers who pick out their medications.


Amazon Pharmacy Business OpenGrowth


What Amazon shoppers have to do to avail these medicines from Amazon

 Amazon stated it would provide often prescribed medicinal drugs from this Tuesday, along with antiseptic creams, pills tablets, as well as medicinal drugs. Amazon shoppers need to create a profile on Amazon’s internet site and have docs ship prescriptions to the Seattle-based eCommerce and tech giant. 

Most insurance plans are accepted, Amazon said. But Prime contributors and Amazon shoppers who do not have insurance plans can additionally purchase regularly occurring or company title tablets from Amazon for a discount. The report claims that Amazon has been looking forward to the healthcare and pharmacy enterprise for some time now. Read more.


14 Leadership Principles of Amazon

Having a powerful set of values can make the way to success. Jeff Bezos has created a super successful business based simply on 14 extremely powerful Amazon leadership principles. Among these 14 principles that make Amazon, such a powerhouse of technologies might be some that could help your startup.

Must Read: 14 Leadership Principles of Amazon


Amazon’s Plan on starting a new online Pharmacy business

Two years ago, it spent 750 million to purchase online pharmacy PillPack, which organizes remedies in packets by means of the time and day they want to be taken. Amazon stated that PillPack would continue, giving attention to delivering medicine to Amazon shoppers and people with persistent conditions. Read more.

Earlier, in the month of August, the E-commerce giant introduced the launch of Amazon Pharmacy in Bengaluru, thus making its entry into the online remedy section that has considered great traction amid the COVID-19 pandemic.


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Amazon Pharmacy Business OpenGrowth


How Jeff Bezos makes Amazon’s Highest-Stakes Decisions

In the new collection of written works, Amazon’s CEO shared the essence of making the highest-stakes plans. Jeff Bezos says that being a senior executive you get paid to create a small number of high-quality decisions rather than making up thousands of decisions on a daily basis. Think about it, suppose you make a hundred decisions, but is that really worth it if the quality of those decisions is lower. 

Must Read: How Jeff Bezos makes Amazon’s Highest-Stakes Decisions.


What a spokesperson from Amazon has to say about this new pharmacy business?

 “As the phase of our dedication to fulfilling the desires of customers, we are introducing Amazon Pharmacy in Bengaluru, permitting clients to order prescription-based medication, along with over-the-counter medicines, simple fitness devices, and Ayurveda remedy from licensed sellers,” an Amazon spokesperson said. E-pharmacies want to sign up with the Central Licencing Authority for promoting prescription tablets online. Amazon India is anticipated to accomplice with license holders for supplying the pharmacy service.


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