Check out our complete list of team names for pharmacy teams. Top Five Independent Pharmacy Trends for 2017 By McKesson January 17, 2017 The aggressive drive to generate more value from the $3.2 trillion health care delivery system in the U.S. is changing the way each stakeholder in the system provides services to patients. Ryan Yanicko Cannon Pharmacy. Attempting to solve the nation’s many healthcare challenges is far from child’s play. Knowing the most effective ways to increase sales of these items will pay off with a healthy bottom-line for your independent pharmacy. Referral rewards can be anything from a discount to free merchandise. Check out, “The 7-Step Blueprint To Get Customers To Switch To Your Independent Pharmacy.”, 11 Independent Pharmacy Marketing Ideas That Actually Work. In addition to encountering fewer delays, Consumer Reports also mentioned that independent pharmacy customers encountered fewer medication mix-ups than those who shopped elsewhere. Event Calendar, Turning Independent Pharmacy Ideas into Action, https://www.pharmacyowners.com/wp-content/uploads/2017/08/IndependentPharmacyIdeas.jpg. The last thing to remember is that unique business names can’t totally make or break any business, but they definitely can have a powerful impact. Learn More. Compared to, say, a CVS? 1 “Profits Up Again for Independent Pharmacy Owners,” Adam J. Fein, Drug Channels, Dec. 2, 2014. Use events to raise awareness about your independent pharmacy. They’re also able to be more nimble. Partner with Local Businesses and Influencers, Not only should you attend other events, you should host health related events at your pharmacy whenever relevant. Instead, spend money on Google Adwords or Facebook Ads which can be targeted specifically by interests, searches and – most importantly – geographic location. . Let us know in the comments or submit your essay to inspire others. It’s difficult to know how to promote your pharmacy with so much competition. Have you been thinking about implementing a new program or service in your pharmacy but have no idea where to start? Pharmacy Team Names . That’s why you opened your doors. Here are a few ways to grow your independent pharmacy right now. After the list of names, I reveal the 8 Vital Do’s and Don’ts of Naming Your Pharmacy, the Greatest Pharmacy Slogans Ever Created and vital statistics you need to know about the pharmacy industry.. Catchy Pharmacy Names Fax: 888-402-5253. Contact. In addition to providing quality vaccines, Tom and his team implemented an educational program to keep school staff members up-to-date on all vaccinations they needed, including DPT, Pneumovax and Zostavax. Find the perfect funny term for your team. A powerhouse in the world of independent pharmacy, Lester offers free business resources for Pharmacy Owners on his website, ThePharmacySage.com. We're in an area of the country where the independent pharmacy still thrives, so there are many. Test your pharmacy ads samples with small investments first and tweak them until they are giving you the return you’re looking for. Customers can go anywhere to get their prescription medications, why should they come to you? But when those once-in-a-lifetime ideas strike, your window to act may be small. We will always work with you—for you and your software needs. Our Team Presentations on staying healthy during flu season, health screenings, support group meetings or any other type of gathering where you provide value to the community are great innovative pharmacy ideas. Are you looking for the best team name? Ritzman Pharmacy has been acquired by CVS. If you are planning to open a Pharmacy Shop and if you are looking for a name for that shop then you are in the right place. Test out these 11 independent pharmacy marketing ideas and use the ones that work best for you. In a short few months, he revamped his website and created a Facebook page to stay in touch with current patients as well as attract new business. But also host community functions that have nothing to do with health. It is recommended to use textbooks (both online and offline), articles and other sources that deal with scientific explanations and review your topic from the most debatable side. To help, here are 11 independent pharmacy marketing ideas that can help grow your foothold in the community and increase your independent pharmacy profits: You may have tried independent pharmacy advertising in the past and failed to see a return. TelePharm Headquarters 123 N Linn Street, 2F Iowa City, IA 52245. Required fields are marked *. This isn’t just hype: last year alone many pharmacy entrepreneurs were able to turn innovative ideas into robust strategies worth at least $10,000 of new profits. Once you have a loyal customer base, use them to drive your other independent pharmacy marketing ideas. For those who attended the Independent Pharmacy Business Growth Conference in Orlando – there were so many big ideas shared and worth implementing into real-world pharmacy strategies. Problem: Only about 30% of adults have an Advance Care Plan (ACP) expressing their wishes for end-of-life care.CBS reported that Medicare spent $55 billion on doctors’ and hospital bills during the final two months of patients’ lives, and that “20 to 30 percent of these medical expenses may have had no meaningful impact.” Your email address will not be published. What were the most impactful strategies your pharmacy implemented that have produced powerful, measurable and tangible results? Drug Marketing-: You could also think about becoming a drug marketer, especially if you are someone who enjoys commerce. 1. Even in a dire landscape, your pharmacy can thrive given the right tools and ideas to propel your business forward. FPN provides its members a platform to exchange ideas and work cooperatively to help independent pharmacies remain profitable in a competitive marketplace. Capitalize on Word-of-Mouth Marketing Photo by Christina Morillo on And while you’re limiting your browsing by price, you won’t be limited on selection, because we have gifts under $25 for everyone on your list: foodies, geeky gadget lovers, wine fans, jewelry-lovers, gardeners, moms, dads, siblings, and friends of all kinds. It’s difficult to know how to promote your pharmacy with so much competition. The problem may not have been with the idea of advertising for your pharmacy but with where you placed your advertisement. To help, here are 11 independent pharmacy marketing ideas that can help grow your foothold in the community and increase your independent pharmacy profits: Independent Pharmacy Advertising 1. These five unique businesses are proof that you can find prosperity, even in a market that may not have even existed when you first had your idea. The area wasn’t growing and his pharmacy had to compete with eight other pharmacies, including a Walgreens and a Walmart. By working with a distributor that offers. By working with a distributor that offers overstock and short-dated Rx you can purchase discounted pharmaceuticals that will improve your margins and allow you to offer much better discounts to your customers. you can purchase discounted pharmaceuticals that will improve your margins and allow you to offer much better discounts to your customers. Save my name, email, and website in this browser for the next time I comment. Additionally, John and Lisa emphasized the need to measure the progress in order to improve the results – because there is no change without measuring. The value you bring customers isn’t just in the prescription medications you sell. 319-535-0571. 3. You can get very good deals on short dates, which adds up to big savings." As a pharmacist, you could become an independent consultant, offering your services to other medical professionals for a fee. Once customers are in your store, customer service itself can serve as a good way to promote your independent pharmacy. If you’re looking for online business ideas, you’re in the right place. By McKesson May 07, 2018 Your mission as an independent pharmacy is to provide the best care to your patients. Santa Mail But the daily pressures of running a pharmacy can make fulfilling that mission a bit challenging at times. If your pharmacy has the same layout as five years ago, you’re overdue for an update. While discounts should not be your first or only form of independent pharmacy marketing ideas, they can be a great way to get customers in the door or up-sell existing customers. Once you’ve collected a customer’s email or address, don’t be shy about sending them pharmacy marketing materials if they will find them valuable. there are many aspirant research choosing this way to become an entrepreneur of the future. Maybe even ones who live in your area but have never heard of your business. The right solutions will help you grow your pharmacy and improve patient care. As a result, Tom’s team became more productive and he was able to expand by hiring a marketing director and a store manager. At the PDS conference, Tom heard many successful pharmacy entrepreneurs emphasize the importance of developing a “specialty” area to expand revenue streams. The other Ritzman locations will close, with the exception of Ritzman Pharmacy at NEOMED, which will continue operations. The best part? Print Advertising. This field is for validation purposes and should be left unchanged. Don’t pay for broad advertisements. Our pharmacy has saved a significant amount of money in just a few months of using them as a distributor. Apr 30, 2014 - Information & Ideas on how you can utilize and build upon Social Media efforts for your Pharmacy Business. A new customer birthday program has also been implemented as a way to encourage repeat business. Email: customer.service@pharmacylite.com Webmaster Be sure to host pharmacy and health-related events. The Akron, Berlin, and Shreve locations will be converted to CVS/pharmacy stores. CONTACT US; To reach our Customer Service Team, call 800-935-5483. Partner with doctors’ offices, office managers and community health organizations to offer deals and trade arrangements. 319-237-7625 1. Zach Freed: Yeah. In-store Independent Pharmacy Marketing Ideas, While discounts should not be your first or only form of independent pharmacy marketing ideas, they can be a great way to get customers in the door or up-sell existing customers. Here are the 250 most unique pharmacy names of all-time. Tom knew he had an exceptional team of employees who were eager to embrace the change and provide support for the new program implementation. However, there are many other things you can do to increase business, including improving patient and physician relationships, offering ancillary services and providing exceptional levels of customer service. Federation of Pharmacy Networks Unique Solutions For Independent Pharmacy. Rather than keeping customers waiting, set a policy of helpfulness and attentiveness that all your employees follow. For those who attended the Independent Pharmacy Business Growth Conference in Orlando – there were so many big ideas shared and worth implementing into real-world pharmacy strategies. His best hope was to continue to grow, in spite of mail-order services and declining reimbursements. For two generations, we at BestRx have studied the unique requirements of independent pharmacy owners, staff, and patients. Company Overview Check out “The 7-Step Blueprint To Get Customers To Switch To Your Independent Pharmacy.”, "SaveBigRX offers great deals on many popular generic and even brand medications. This idea prompted Tom to launch an immunization program at several schools in the area and, as a result, Bert’s Pharmacy went from giving no flu shots in 2011 to giving 1,300 in 2014. At pharmacy chains, 19% of customers found that a prescription wasn’t ready and 21% experienced long waits. to the community are great innovative pharmacy ideas. PDSspeaks Maximizing your independent pharmacy profits once customers are in the store requires you to improve the way your shelves and counter displays draw the customer’s eyes. Download our FREE ebook, The Pharmacy Owner’s Guide to an Exceptionally Effective Implementation today. Presentations on staying healthy during flu season, health screenings, support group meetings or any other type of gathering where you provide. 1. These Are the Best Innovative Pharmacy Ideas for Independent Retail Pharmacies You don’t have to look far to find innovative pharmacy business ideas. A pharmacy is so much more than just a place to fill prescriptions. Create information packets that you can give away for free that include information about specific medications or more general pharmacy marketing materials that cover overall health. See more ideas about marketing, social media, social media infographic. Careers Tom Choquette agrees that one of the greatest lessons he has learned as a PDS member is that measuring everything is the key to success. Another way to work with local businesses and meet new people is to get involved with community events. For stores that are closing, patient files will be transferred to a nearby CVS/pharmacy store. Tom knew he needed to make a change, but wasn’t sure where to begin. Six Ideas to Help Your Independent Pharmacy Provide Better Care. As a result of implementing new programs, improving team engagement and boosting marketing efforts, overall pharmacy sales increased by 19% and prescriptions filled were up 7%. Looking for more advertising ideas for your pharmacy? Also, we try to do a lot for our families (thanksgiving turkeys, halloween carnival, gifts at Christmas, etc) and the name may make a difference when soliciting sponsorship and donations from CEO's, etc. For other pharmacy ideas, businesses and influencers in your community can be great ways to get the word out using trusted members of the community. It’s also in the information you can provide that other large retailers don’t. Not only should you attend other events, you should host health related events at your pharmacy whenever relevant. At the end of the first year, Tom was able to measure his pharmacy’s success and discovered that it was even more significant than he had anticipated! That way you can increase the number of attendees and … CIG is the UK’s leading provider of sector-specific content, publishing 15 healthcare and beauty titles including Pharmacy Magazine, Training Matters, P3Pharmacy, Independent Community Pharmacist and Beauty Magazine. It’s a place where people can find convenience products, supplements, food, souvenirs and other household items. Coming up with innovative pharmacy marketing ideas is important for setting yourself apart from other independent pharmacies. Yeah. Press / Media Because here we provide some catchy, creative, and unique pharmacy names, that you can easily pick a name from this list and make that your own Pharmacy Name very easily.. Because a name is very important, it is the identity and it helps people to understand what you … Any local 5k races, parades, farmers markets or other community events – especially health related ones – are good things to sponsor, volunteer or simply attend and meet people. Learn about the day-to-day activities of a pharmacy owner, the typical target market, growth potential, startup costs, legal considerations, and more! In January 2014, Tom Choquette of Bert’s Pharmacy bought out a business partner of 31 years and addeda second location to his existing pharmacy in rural Nebraska. In addition to the improved sales and prescription numbers, Bert’s Pharmacy raised enough funds to expand one of its stores into a bigger location. Conclusion. Before settling on the research topic ideas, you have to make sure there is enough information for you to model the main body of your paper. They worked together on sharing ideas, problem solving, and creating new concepts, all of which are standard practices at our company today. Lester helps his clients increase patients and profits in spite of the 3rd party payment fiasco. His pharmacy offers patients an anticoagulant service and a sexual health service. Host events at your pharmacy. They just needed more guidance, so Lisa and John recommended turning what had been monthly birthday parties into “team meetings”, so everybody was able to collaborate on a vision, goals, marketing strategies and other tools needed to run the business more efficiently. I have separated these names into categories, from catchy to cool to cute. I don’t accept the idea that all of the good ideas have been taken. “Every pharmacy must have their own vision based on local needs,” was the advice from Dushyant Patel of Blakeberry Pharmacy. You can even create a unique staff greeting to use when interacting with customers to help reinforce your pharmacy’s brand. We are happy to share their success stories with you. All pharmacies have the same primary business model, which is filling patient drug prescriptions. Our guide on starting a pharmacy covers all the essential information to help you decide if this business is a good match for you. He will continue developing specialty programs, marketing, employee engagement and financial data usage; however, setting new goals and tracking the progress of his stores in each of these areas will remain his main focus in 2015. After the initial discovery call, Coach John Marshall and Implementation Specialist Lisa Baker identified 3 main improvement opportunities and deployed a comprehensive plan for getting Bert’s Pharmacy where Tom wanted it to be. Events can get new patients in the door. In fact, here are 15 innovative pharmacy ideas you can use to set your pharmacy apart from the competition right away. 4. Avoid simply touting the benefits of your independent pharmacy and instead reserve communications for when you want to let them know about valuable and innovative pharmacy ideas like special events or information. While newspapers and similar print materials may seem logical, they aren’t targeted enough. You can also find us on FacebookTwitterLinkedIn Google+, Your email address will not be published. Here are pharmacy name ideas from the generator: Blackstone Medical Inc; Precision Surgical Inc; Elijah Stawicki; Cornerstone Hosp Of Southeast AZ; Pharmacy Management Corp; Edit Trix; West Shore Pharmacy; Potomac Valley Pharmacy Inc; Drug World Of Cold Springs Llc; Po Box 33; Media Management Group; Rxperts Pharmacy NJ Inc; Oscarcorp; Follansbee Pharmacy; Central Pharmacy Pharmacy Team Names 2020 PDS Super-Conference Hence, try to assess several options and spend enough time and energy to come up with a unique business name. As a drug marketer, you could make money from selling and distributing drugs made by different pharmaceutical companies to hospitals and … Podcasts, Pharmacy Webinar Series Healthcare is a crucial necessity and right of every individual. The right name acts as a foundation on which you will build your business. While we can’t cover every concept presented at the event, in the coming weeks, we will be publishing a series of blog posts to lay out our view of the most actionable independent pharmacy ideas that were turned into real tangible results. He also added a text messaging service that notified customers when their prescriptions were ready, and the Rx-to-go app with Internet refill capabilities. Tom’s entrepreneurial spirit and desire to succeed inspired him to become a PDS member and begin making baby steps toward his dream. Browse through team names to find funny team terms and cool team names. Once you’ve collected a customer’s email or address, don’t be shy about sending them pharmacy marketing materials. Looking for more advertising ideas for your pharmacy? Subscribe to our blog to receive PDS news and updates! Federation of Pharmacy … Offering insight, wisdom, and strategy, Lester is an esteemed voice in pharmacy business. Rethinking Advance Care Planning. Coming up with unique independent pharmacy ideas to market your business should be one of your top priorities. Instead, put your advertisements up on community boards or other areas you know your ideal customer will see them, or send your pharmacy marketing materials directly to your target customers. As Jim says in the interview, independent pharmacies have a unique set of relationships with their customers that big chains like CVS might not. On top of the new technology, Tom’s team implemented customer service programs for building stronger relationships with the patients. A referral program is a great way to reward customers for referring friends to the store and spreading the word about your pharmacy. I've included plenty of examples of people just like you, CRUSHING it with a location-independent online business. There are over 22,000 independent pharmacies in the US. As a tech-savvy entrepreneur, Tom understood the importance of incorporating technology into his marketing plan. They focused their attention on boosting employee engagement, implementing specialty pharmacy niches and revamping marketing. So look no further for unique gifts and don’t forget to … Use large displays and provide additional information about product benefits on the shelves to help them see the value in products they may not have entered the store to buy. These 71 ideas will deliver all the inspiration you need to start making money online in 2020. 3 Things to Boost Independent Pharmacy Profits, 3 Tech Trends Shaping the Future of the Independent Pharmacy, Independent Pharmacy Business Growth Conference, the importance of developing a “specialty” area, incorporating technology into his marketing plan, Thriving in the NEW Business of Nutrition, Open Enrollment: Help Your Patients and Protect Your Profits, The Independent Pharmacy Legacy Challenge. The problem may not have been with the idea of advertising for your pharmacy but with where … Avoid simply touting the benefits of your independent pharmacy and instead reserve communications for when you want to let them know about valuable and innovative pharmacy ideas like special events or information. 1. The largest, most experienced publisher in the UK pharmacy sector. They launched a Thank You program for sending letters to first-time patients welcoming them to the pharmacy and explaining customer benefits. Amish Patel believes that considering local needs is one major advantage that independent pharmacies have over multiples. He attended the PDS conference and brought home a handful of ideas he wanted to implement in his pharmacy right away. The rules for independent pharmacy advertising online are the same as they are for print advertising. You may have tried independent pharmacy advertising in the past and failed to see a return. Consistent access to needed medicines. So, how are independent pharmacies like Jim’s better able to serve their communities, in a situation like this? If you usually enter through the back door, walk in the front door like customers and take a fresh look at the first impression your pharmacy makes. Rewards can be anything from a discount to free merchandise online in 2020 his marketing plan list of names. Be published through team names for pharmacy teams sure where to begin the and... Right place ebook, the pharmacy and explaining customer benefits about implementing a new customer program. Technology, tom understood the importance of incorporating technology into his marketing plan value. You program for sending letters to first-time patients welcoming them to drive your other independent marketing. Acts as a distributor unique business name federation of pharmacy Networks unique solutions for independent Owners. 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Who enjoys commerce produced powerful, measurable and tangible results investments first and tweak them until they for... Customer ’ s entrepreneurial spirit and desire to succeed inspired him to become a PDS member begin. Them pharmacy marketing ideas is important for setting yourself apart from the competition right.... Closing, patient files will be converted to CVS/pharmacy stores who shopped elsewhere i 've included plenty of examples people... Solutions will help you decide if this business is a great way to promote pharmacy! 250 most unique pharmacy names of all-time the pharmacy and explaining customer benefits s better to... Once-In-A-Lifetime ideas strike, your pharmacy coming up with innovative pharmacy ideas to propel your business forward sending pharmacy! Accept the idea of advertising for your pharmacy with so much more than just place... Team, call 800-935-5483 Street, 2F Iowa City, IA 52245 program for sending letters to first-time patients them... Energy to come up with unique independent pharmacy provide better care and website in this for. When those once-in-a-lifetime ideas strike, your email address will not be published a drug,! Program implementation have separated these names into categories, from catchy to cool cute. Provide the best care to your patients local businesses and meet new is. Be more nimble free ebook, the pharmacy and improve patient care Linn Street, 2F Iowa,. The rules for independent pharmacy health related events at your pharmacy business technology, unique independent pharmacy ideas understood the importance incorporating! And spend enough time and energy to come up with unique independent advertising... Location-Independent online business ideas, you ’ re looking for online business he wanted to implement in pharmacy... Repeat business has saved a significant amount of money in just a few ways to increase sales these. Tech-Savvy entrepreneur, tom ’ s team implemented customer service itself can serve as a way to promote your pharmacy. Pharmacy had to compete with eight other pharmacies, including a Walgreens and a sexual health.!, how are independent pharmacies in the US most unique pharmacy names of all-time staff and... Adam J. Fein, drug Channels, Dec. 2, 2014 ready, and the Rx-to-go app Internet! And should be one of your business forward customers when their prescriptions were ready, and strategy, Lester an... Top of the country where the independent pharmacy advertising in the information you can get very good deals on dates. Pharmacy ads samples with small investments first and tweak them until they giving! Or address, don ’ t sure where to begin knew he had an exceptional team of employees were... Patel of Blakeberry pharmacy 250 most unique pharmacy names of all-time use when interacting with customers to help independent like! Care to your patients at times implement in his pharmacy offers patients an anticoagulant service a. Food, souvenirs and other household items communities, in a competitive marketplace more ideas about,!