“I think the impact would be huge,” says Ahsan Bhatti, owner of online pharmacy Quick Meds.
He is concerned about the prospect of online giant Amazon moving into the pharmacy business in the UK.
“I’m worried. They’ll have a massive marketing budget, and they’ll definitely take a sizeable chunk out of every other pharmacy on the market. There will be closures as a direct result of it,” he says.
Read the full article on the BBC website
NAM Implications:
- Given Amazon’s ability to potentially sell anything, anytime, anywhere, in whatever way the consumer wishes to buy…
- …then the UK’s pharmacy pricing model will not be an obstacle.
- It only depends upon Amazon’s priorities in terms of categories…
- Best for all to anticipate that Amazon ability to score 54% on convenience (See favourite brand) will make an impact.