Looking forward to having my adderall delivered by drone.
This Is How Amazon Could Invade the Pharmacy Business
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Re: This Is How Amazon Could Invade the Pharmacy Business
#12I already have to worry about counterfeit electronics when ordering from Amazon. I’m not sure I’d trust them with prescriptions.
Re: This Is How Amazon Could Invade the Pharmacy Business
#13I already have to worry about counterfeit electronics when ordering from Amazon. I’m not sure I’d trust them with prescriptions.
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Re: This Is How Amazon Could Invade the Pharmacy Business
#14Earlier quoted context omitted.
"I don't see much fat to trim." Well, the obvious one is that Express Scripts probably isn't already sending you a package of other stuff every week or so to which a bottle of pills could be added at little or no increased cost, nor do they likely have the clout with shippers that Amazon does. Yeah, not everyone gets an Amazon package every week, but enough people do that it's going to add up.
How many people get weekly refills? I️ thought monthly would be a lot more efficient and common?
Express Scripts pushes 90 day supply as long as insurance allows it, I assume for this reason.
Re: This Is How Amazon Could Invade the Pharmacy Business
#15I think that the Whole Foods acquisition now gives Amazon a physical footprint to compete with CVS, Rite-Aid, etc. Imagine ordering online and picking it up at a Whole Foods. After this step, they will find ways to fully by-pass the physical store and ship you medicine directly via Prime. There is a lot of money in the pharmacy business and a lot of opportunities for Amazon to enter this market and disrupt it. I don't think that any of the incumbents have the technological capabilities to compete with Amazon's supply chain. The question is not if they will enter. The question is how and how fast.
Re: This Is How Amazon Could Invade the Pharmacy Business
#16I already have to worry about counterfeit electronics when ordering from Amazon. I’m not sure I’d trust them with prescriptions.
The barrier of entry to pharmaceutical sales is a bit higher than electronics.
Re: This Is How Amazon Could Invade the Pharmacy Business
#17Looking forward to having my adderall delivered by drone.
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Re: This Is How Amazon Could Invade the Pharmacy Business
#18Interesting what's going on next year in Amazon
Re: This Is How Amazon Could Invade the Pharmacy Business
#19Earlier quoted context omitted.
"I don't see much fat to trim." Well, the obvious one is that Express Scripts probably isn't already sending you a package of other stuff every week or so to which a bottle of pills could be added at little or no increased cost, nor do they likely have the clout with shippers that Amazon does. Yeah, not everyone gets an Amazon package every week, but enough people do that it's going to add up.
How many people get weekly refills? I️ thought monthly would be a lot more efficient and common?
That's not the point. It doesn't have to be weekly, or even monthly. Whatever the frequency is, Amazon is somewhat likely to already have a package headed to the customer within that interval (much more likely that a dedicated prescription store, certainly).
The advantage is actually greater with less-frequent refills, as the probability of having another package they can piggyback on within an acceptable window becomes higher the less frequent the refills are.
Re: This Is How Amazon Could Invade the Pharmacy Business
#20Ok, so this is what a winner-takes-all game looks like, and it is getting pretty boring. Can we now play a different game, please?
We can start by turning Amazon into a utility.