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LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd Future of Pharma Retailing

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Page 1: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

LOGO

Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Future of Pharma Retailing

Page 2: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Showing this presentation or part of this to

other than indented recipient will require a

written permission of C-Square. You are not

suppose to copy information mentioned in

this presentation for any commercial gain or

for your enhancement of your commercial

business. The information in this

presentation is generated from various

source and C-Square does not take any

responsibility of its genuineness.

Page 3: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

What we will understand now has lot of

fundamental truth. May I request you to give your

extended attention to understand it

Page 4: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Current Challenges/Opportunity

Present Scenario of Pharma Industry

Less than 5 per cent

pharmacies have

computerised.

Retailer education and

training is almost non-existent and

there is shortage of

trained staff. Also, pilferage

is rampant

Modern high tech

Supermarkets, retail chains,

Discount stores are rapidly

penetrating in Indian market. 

The changes in the next 5

years in this business will be more than what has happened in the past 55

years.

Page 5: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Topic for the Day

How is Future

Why it is important to You

How we can be part of this future story

Page 6: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd
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Page 13: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

WHY IT IS IMPORTANT TO YOU

Future of Pharma Retailing

There are two primary choices in life; to accept conditions as they exist,

or accept the responsibility for changing them. -Denis Waitley

Page 14: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Points to Ponder

Every Family will spend Average of Rs. 1000 Per Month for Health Care in coming future.

New type of Diseases emerging like Sleeping disorders/ Stress related Disorders etc

Page 15: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

What Consumer wants

Basics Product Availability Speedy Service Smile

Advanced Ambience Trust (Perceived) Ego Satisfaction

Page 16: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Basics are Met Here

Page 17: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Advanced Needs are met here

Page 18: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

It does not really matter whether I am right or you

are right

What matters most is what is right.

- Chanakya

Page 19: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Change in Generation

Page 20: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

What will be a good Bet?

Bring the best of both worlds.

Page 21: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

HOW YOU CAN BE PART OF THIS FUTURE STORY

Future of Pharma Retailing

The ones who survive and grow are not the strongest or the smartest, but the ones who are most adaptable to the change

- Darwin’s theory of Evolution

Page 22: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

What will Make You Grow!

Page 23: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

How we can be part of this future story

Why it is easy for You

Your Experience of pharmacy Business

Your Understanding of the local needs

Doing business out of Passion and not just for profits

Low Cost Operation

Strong Contacts & Relationship with Supply Distributors

Page 24: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Which are new segment of people looking to partner with You

You

Non – Pharma

Companies

Mobile Companie

s

Insurance Companie

sMedia

Companies

Event organisers

Analytics

Survey Agencies

Page 25: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

What Companies have to say

“The way to service chemists is different from the way one handles the grocer trade. One will have to design the service mix to suit the chemist trade. For certain categories, it has become very important for us, and therefore we have to invest in the channel.” - Nitin Paranjpe, executive director – HPC, HLL

“This is the model which we follow internationally as well. We believe that even smaller retailers can evolve, and we are helping them do so,” - Didier Villanueva, MD, L’Oreal India

We have to change and make ourselves important to them. This means there has to be a dedicated approach towards them and they cannot be clubbed together with other trade channels” - CK Ranganathan, MD, CavinKare

Page 26: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

The Retail DivideFocus on one Category of Products (e.g., Titan)

Depth

Focus on All Category (e.g., Big Bazaar)

Width

Across the world we will see a clear divide among the retailers

Page 27: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Future Type of Pharmacies

speciality pharmacy (disease-focussed)

hospital pharmacyclinic-cum-path lab pharmacywellness centres (for all preventive

and curative solutions)one-stop-shops for all medical

sciences – allopathy, ayurveda, homeopathy

franchisee model PharmacyPick up Pharmacy

Page 28: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Successful Retailer will have information on

Merchandise (Products)

FinanceOperationsMarket inputsConsumer

Page 29: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Mantra of successGive “One

Stop Branded

Experience”

Move From Filling up of

Prescriptions to an

important partner in

quality healthcare delivery.

Give Convenience

: This will always have

higher weight age over other

value added services

Maintain right storage

conditionsInstall AC /

Coolers

Page 30: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Mantra of successAccept Credit Cards

& other Vouchers

like Sodexho etc

Conduct Health

awareness campaignsReminder for

regular MedicineEmergency

doctors on callfree

collection of diagnostic

samples and home delivery

Page 31: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

“It is the consumer who will drive inefficient

retailers out of business, not the competition”

- Retail Guru Rakesh Jain

Page 32: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

IS YOU

THE FUTURE OFPHARMA RETAIL IN INDIA

Page 33: LOGO Sripal Bachawat, C-Square Info Solutions Pvt Ltd

Thank you

Sripal BachawatC-Square Info solutions

Pvt LtdPh: 98863 42955

Any Questions? E-Mail me @ sripal.bachawat

@groupunnati.com