Question

Discuss the buying power and supply power of Pharmacies & Drug Stores in the US.

Answer 1

Buying power and supply power of pharmacies and drug stores in the US are:-

• US Industry has provided affordable prescriptions for the patients.
• It has made the medications more affordable for the people.
• It has operated with chain stores and Independent operated stores to be competitive.
• Have provided one stop shopping as significant marketting factor.
• It has succeeded in controlling stock on hand also
• Succeeded in financial and debt managements.
• Also provided basic health and photo processing services.
• Provides services of advising the consumers on the use of both prescriptions and the controlled drugs.
• They have made the market Research report enabled to the people.
• For finding out the Industry trends,it i threats and opportunities,strat strategy and planning etc.