SlideShare a Scribd company logo
www.meramedicare.com
Submitted by:
Ankit Mittal
Shailesh J. Mehta School of Management,
IIT Bombay
Mera Medicare is a unique system, which not only provides a platform to
pharmacists and patients to interact with each other but also allows them
to make transactions in cost-effective manner through its amazing mobile
application.
Mera Medicare is an online marketplace that enables patients to get
medicines and body care products home delivered from nearby authentic
pharmacies.
Mera Medicare is divided in two sections, which are:
1. Patients
2. Pharmacists
Porter’s 5 forces Analysis: Market attractiveness
• Local Pharmacy Retail Shops - Door-Door
Service Delivery
• Pharmacy Shops within Hospitals –
Significant impact with approx. 25% market
share
Threat of Substitute
•High probability for Ecommerce players with deep
pockets i.e. Flipkart, Snapdeal etc. to enter into
pharma segment.
•Probability for E-Players in exclusive Healthy
Food segment i.e. Health-shoppe, etc. to make
foray in pharma segment
Threat of New
Entrants
• Opportunity to go for other
options on the basis of Discount
and Service Level
Customer Bargaining
Power
• Suppliers i.e. pharma retail
stores have more tie-up options.
Supplier Bargaining
Power
• Existing e-commerce platforms
in the pharma segment e.g.
Healthcart,
Medicahealthshoppe.
Rivalry among
Existing Competitors
SWOT Analysis:Strengths
•First Mover
Advantage - First
ones to align
capabilities of
pharmacists’ network
with e-commerce.
•Health & Safety
Measure – Cross-
check the prescription
and expiry dates
before delivery.
•Instant Delivery
Model i.e. within 2 to
12 hours leverages
on 2 key factors i.e.
time and service
level.
•Partner only with
licensed and
authorized
pharmacists.
•Reduce Medicare
Expenses - Savings
up to 15% on all
brand medicines and
40 - 60% on generic
drugs.
•Free record of
customer medical
bills history.
Weakness
• No promotional
videos on
website from
existing customer
base to build the
trust.
• Informative
content about
some specific
diseases i.e.
Diabetes, Blood
Pressure is not
available in
Health Facts on
the website.
Opportunities
•Robust growth rate in
Indian Pharma market
– Market increased at
a CAGR of 12.79% in
2015 .
•Pharmaceutical
sales, as a percentage
of total healthcare
spending is expected
to increase to 27 per
cent by 2016.
•Indian retail pharmacy
industry is widely
fragmented throughout
the country, so, online
platform provides an
opportunity to plug
gaps.
•Growth in medical
infrastructure and
health insurance
coverage will drive
75% of demand
growth.
•Affordability will be the
single largest driver of
growth – More than
20% of households in
semi-urban areas will
climb out of deprived
income class.
Threats
• Government
Regulations
and Legal
Aspects – Ex.
Maharashtra
Food and Drug
Administration
(FDA)
investigated few
e-commerce
giants for selling
prescription
drugs without
proper license.
• Entry of new
online players in
the market
decrease the
profit margin.
• Consumer
awareness for
this service is
challenge right
now.
S TOW
Overall a Smart Choice
THANK YOU
Innovative
Passionate
Team
TransparentEfficient

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Ankit_Mittal_SJMSOM_IIT_Bombay_Mera_Medicare

  • 1. www.meramedicare.com Submitted by: Ankit Mittal Shailesh J. Mehta School of Management, IIT Bombay
  • 2. Mera Medicare is a unique system, which not only provides a platform to pharmacists and patients to interact with each other but also allows them to make transactions in cost-effective manner through its amazing mobile application. Mera Medicare is an online marketplace that enables patients to get medicines and body care products home delivered from nearby authentic pharmacies. Mera Medicare is divided in two sections, which are: 1. Patients 2. Pharmacists
  • 3. Porter’s 5 forces Analysis: Market attractiveness • Local Pharmacy Retail Shops - Door-Door Service Delivery • Pharmacy Shops within Hospitals – Significant impact with approx. 25% market share Threat of Substitute •High probability for Ecommerce players with deep pockets i.e. Flipkart, Snapdeal etc. to enter into pharma segment. •Probability for E-Players in exclusive Healthy Food segment i.e. Health-shoppe, etc. to make foray in pharma segment Threat of New Entrants • Opportunity to go for other options on the basis of Discount and Service Level Customer Bargaining Power • Suppliers i.e. pharma retail stores have more tie-up options. Supplier Bargaining Power • Existing e-commerce platforms in the pharma segment e.g. Healthcart, Medicahealthshoppe. Rivalry among Existing Competitors
  • 4. SWOT Analysis:Strengths •First Mover Advantage - First ones to align capabilities of pharmacists’ network with e-commerce. •Health & Safety Measure – Cross- check the prescription and expiry dates before delivery. •Instant Delivery Model i.e. within 2 to 12 hours leverages on 2 key factors i.e. time and service level. •Partner only with licensed and authorized pharmacists. •Reduce Medicare Expenses - Savings up to 15% on all brand medicines and 40 - 60% on generic drugs. •Free record of customer medical bills history. Weakness • No promotional videos on website from existing customer base to build the trust. • Informative content about some specific diseases i.e. Diabetes, Blood Pressure is not available in Health Facts on the website. Opportunities •Robust growth rate in Indian Pharma market – Market increased at a CAGR of 12.79% in 2015 . •Pharmaceutical sales, as a percentage of total healthcare spending is expected to increase to 27 per cent by 2016. •Indian retail pharmacy industry is widely fragmented throughout the country, so, online platform provides an opportunity to plug gaps. •Growth in medical infrastructure and health insurance coverage will drive 75% of demand growth. •Affordability will be the single largest driver of growth – More than 20% of households in semi-urban areas will climb out of deprived income class. Threats • Government Regulations and Legal Aspects – Ex. Maharashtra Food and Drug Administration (FDA) investigated few e-commerce giants for selling prescription drugs without proper license. • Entry of new online players in the market decrease the profit margin. • Consumer awareness for this service is challenge right now. S TOW
  • 5. Overall a Smart Choice THANK YOU Innovative Passionate Team TransparentEfficient