the environment is changing: make this your best year yet · 10. penetran ad 11. mg glycinate for...
TRANSCRIPT
The Environment is Changing: Make This Your Best Year Yet
Presented by: Dan Benamoz, RPh CEO, Pharmacy Development Services © 2014 www.pharmacyowners.com
W = P x T n
W = Wealth P = Physical resources
T = Technology
N = Exponen8al factor
Those Who Resist Change, Embrace Irrelevance.
TOPFRONT-END
OPPORTUNITYIDEAS
1. Free Antibiotics2. Free Generics3. Vouchers4. SyncRx (Getoutcomes.com)5. Home Visit Brown Bags6. Diabetes Education Programs7. Free Homemade Fudge8. The H.R.T. Study Strategy9. Bone Density Scans10. Penetran ad11. Mg Glycinate for Insomnia12. Free recorded messages
New customeracquisition tool
Add to Database
Referrals
Accompanyingprescriptionsi.e. cough meds, etc.Other Opportunities
1-Price Programwww.Free1price.com
Flavoring
Compounding
HRT
Glucosamine SL gttsKetoprofen Gel
Omega 3
Statins & CoQ-10
Specialty DiseaseState Opportunities
Asthma & AllergiesDust miteproducts, etc.
Diabetes
Other Rx's
Test Strips
Diabetic shoesAnkle gauntlets
Compression Stockings
Nutrition & Wellness
DME Opportunities
Other OTCpurchases
Probiotics
APAP, thermometerslozenges, Vit C, Zn,new toothbrushes, etc.
Acquire other familymembers as customers
#2 Demographicis Pediatrics
Family Pets:Vet compoundingopportunities
Joint Venture Opportunities:Gain referrals from MD's, DDS, &clinics
The Back-End Opportunities Model: The Holy Grail of Business
©Pharmacy Development Services 2006
3 Ways To Grow A Business1. Increase # of customers.2. Increase size of transactions.3. Increase frequency of transactions.
Back-end opportunities model revApr2010.mmap - 4/26/2010 -
What’s the Upside?
What’s the Downside?
Can you live with the downside?