The online medicine delivery market is experiencing rapid growth, making it an opportune time to enter this industry. With the e-pharmacy market expected to grow at a CAGR of 17.3% by 2026 and forecasted revenues reaching $11 billion by 2025, there's significant potential for success.
If you're considering launching a medicine delivery app, understanding the operational model, revenue streams, and essential features is key to building a successful platform.
This guide breaks down the process of creating a medicine delivery app and covers the important steps and approaches needed to build and launch your app smoothly.
Operational Model of a Medicine Delivery App
The medicine delivery app uses an aggregator model, integrating several key components:
- Customer App: Allows users to order medications easily.
- Pharmacy Network: Partner pharmacies fulfill the orders.
- Delivery Partner App: Enables delivery partners to manage and process delivery requests.
Customers place orders through the app, which then communicates with partner pharmacies to prepare the medications. Once the medications are ready, delivery partners handle the logistics and ensure timely delivery to the customer’s location.
Revenue Streams of a Medicine Delivery App
The app primarily earns revenue through a commission-based model, taking a percentage of the service fee from users, pharmacies, and delivery partners for each transaction.
Additional revenue may come from:
- Subscription Plans: Offering premium services to users and pharmacies.
- Featured Listings and Advertisements: Pharmacies can pay for better visibility and promotional opportunities within the app.
This combination of service fees, subscriptions, and advertising helps create a robust and sustainable revenue model.
Essential Features in a Medicine Delivery App
When developing a medicine app, you need to include a range of essential features to create a smooth experience for customers, delivery partners, and pharmacies and to help you manage the platform effectively.
These functionalities ensure smooth operation and effective management across the platform:
Features of Customer App
- Easy-to-use search filters
- Multiple online payment options
- Order tracking
- In-app chat
- Contactless delivery
- Order notes
- One-step registration process
- Order & delivery instructions
Features of Delivery Partner App
- Order management
- Easy navigation
- Earnings report
- Payout management
- Availability modes
- Real-time GPS tracking
- In-app chat
- Delivery history
Features of Pharmacy Store Panel
- Store availability status
- Manage transactions
- Menu management
- Operating hours
- Modifier groups
- Multi-languages and currencies
- Earnings management
Features of the Admin Panel
- Dashboard analytics
- Managing customers, store owners, and delivery partners
- App settings management
- Order management
- Set promo codes
- Auto-payout system
- Manage medicine/items category
- System notifications
- Service fee management
- Earnings management
These features help ensure that the app operates efficiently, providing a user-friendly experience and effective management tools for all stakeholders.
Ways to Develop Your Medicine Delivery App
When it comes to a medicine delivery app development, you have two options to consider: custom development and ready-made solutions.
Let’s explore both approaches in detail.
Custom Development
Custom development involves building your app from scratch, tailored specifically to your business needs. Here’s how the process works:
1. Planning and Wireframing
Start with planning to define your requirements and create a wireframe, which outlines the app's structure and functionality.
2. Designing the App
Next, focus on designing an attractive and user-friendly interface that aligns with your brand and enhances the user experience.
3. Developing Functionalities
After finalizing the design, the development phase begins, where the app is coded and all necessary functionalities are implemented based on the design specifications.
4. Testing for Issues
Following development, the app undergoes rigorous testing to identify and fix any bugs or issues, ensuring smooth and reliable operation.
5. Launch and Maintenance
Once testing is complete, the app is launched to the public. Ongoing maintenance involves regular updates and optimizations to keep the app running efficiently.
By following these steps, you’ll have a custom-built medicine delivery app tailored to your business needs.
Readymade App Solution
A readymade app solution is a pre-built app that includes essential features and functionalities, allowing for a quick launch. Here’s the process:
1. Purchasing the App Solution
Choose from various providers, compare their features and pricing, and purchase a pre-built medicine delivery app solution.
2. White-labelling the Solution
Rebrand the app to fit your business identity, including your logo, color scheme, and other branding elements. This rebranding is typically done free of charge by the provider.
3. Customizing the Solution (Optional)
If needed, customize the app to better align with your specific business model by adding or tweaking features.
4. Launching the App
After any customizations, launch the app under your brand, ready to serve your customers.
The pre-built nature of readymade app solutions also makes them a cost-effective option that allows for a quicker launch.
In summary, custom development offers a fully tailored app but requires a significant investment of time and money. On the other hand, a readymade app solution comes with pre-developed functionalities and offers a cost-effective option that can be launched more quickly.
Consider these approaches carefully to choose the one that best fits your business needs.
If you decide on a readymade app solution, why not explore our medicine delivery app solution?
Our solution offers:
- Android and iOS mobile apps for both customers and delivery partners.
- A web panel for the pharmacy store partners.
- An admin panel to help you manage the platform.
- Free tech support, including white-labelling, server installation, app launch, and support following app rejection.
- 100% source code, so you can modify the functionalities if necessary.
Conclusion
In conclusion, the online medicine delivery market presents a promising opportunity for entrepreneurs, with significant growth potential in the coming years.
Whether you choose to build a custom app tailored to your specific needs or opt for a ready-made solution, it's crucial to understand the operational model, revenue streams, and essential features required for success.
By carefully considering the approaches and selecting the right solution for your business, you can effectively enter this thriving market and create a competitive and user-friendly medicine delivery platform.
Launch your Medicine Delivery App with Us!