April 2, 2021
Every week we share our favorite articles that other organizations, associations, and companies are producing to help your pharmacy business thrive.
You’ll discover new strategies and tips to boost your independent community pharmacy business and to stay up-to-date on what’s happening in the pharmacy industry.
This week we chose five articles covering topics from tricks for increasing profit margins to news about the Covid-19 vaccine’s effectiveness in teens.
Nearly 84 percent of Americans use a smartphone, and many spend over 3 hours a day using one. Digital Pharmacist breaks down why your pharmacy should reach your patients with a mobile app.
A trial of 2,300 teenagers found that Pfizer’s coronavirus vaccine was 100 percent effective for the age group, CNN reports. Pfizer says it will seek permission from the FDA to market the vaccine to teenagers in the coming weeks.
There are a few steps every pharmacy can take to help increase its profit margins. Retail Management Solution explores several universal tips for increasing profits from a recent CLIMB panel.
As coronavirus cases begin to increase, the Biden administration reports that the number of pharmacies administering the vaccine will double to 40,000 nationwide, according to Politico. The number of vaccines administered by pharmacies is now greater than those dispensed at mass-vaccination sites.
If you haven’t assessed your front-end suppliers recently, you could be missing out on a chance to innovate. Drug Store News explains the lengths that some retailers are going through to find local suppliers with the products patients want.
Sign up to receive the weekly Elements e-newsletter for bonus business tips and advice.