How to Start an Online Pharmacy Marketplace with Odoo?

When we talk about eCommerce, everyone is aware of the benefits of having an eCommerce store. And if we are talking about the online pharmacy marketplace, it is on the Expansion.

Online Pharmacy has several advantages because of which customers prefer to buy medicines online instead of visiting the physical stores.

E-pharmacy mainly grows in the pandemic, the market size of the e-pharmacy increases by 38.0% in between the period of 2019-2020. Following the pandemic, the online pharmacy will continue to expand, owing to rising consumer use of such platforms due to convenience, affordability, and accessibility.

What is an Online Pharmacy Marketplace?

The first question that comes to mind is, what is an online pharmacy marketplace, and how does it work; when it comes to starting an online pharmacy.

An online pharmacy marketplace is a website where multiple pharmacists register and offer their medicines to the customers.

Pharmacy Marketplace is on the upswing as customers enjoy their comfort zone of getting their medicines delivered to their homes easily without any issue.

Why Choose Online Pharmacy Marketplace?

According to the research, The worldwide revenue from the online pharmacy is expected to increase by 32,000 million USD by 2025.

This shows the rapid growth of the online pharmacy marketplace, as you can see that the revenue grows every year. So, there is a lot of scopes if you are thinking about starting an online pharmacy.

Customers find it convenient to order medicines online and get them delivered to their doorstep. It saves time for the user. Moreover, they can get a discount on their purchase.

Sometimes it is difficult to search for the medicine physically but using an online pharmacy the customers can find their medicine easily because there are several pharmacists registered on a marketplace.

Benefits of Online Pharmacy Marketplace

Pharmacy: Paving its way to the Ecommerce Industry

As per research, global spending on medicine continues to grow. So, pharmaceutical industries cover a large market size globally.

During, the covid pandemic online pharmacies comes out as the most used platform to purchase medicines due to quarantine restrictions.

The market size for e-pharmacy rapidly grows day by day as it provides an ease to the customers.

In this hectic era, no one has time to visit stores and search for their medicines whereas they easily found their medicines online

Nevertheless, this industry is at its threshold. The reason is, In this hectic era, no one has time to visit stores and search their medicines whereas they easily found their medicines online.

Requirements to Run an E-pharmacy Business

Now, Set Up an Online Pharmacy Marketplace With Odoo

The Odoo is an all-in-one business management platform. Odoo is open-source software that may be scaled up to accommodate new users. As a result, funds can be allocated to more efficient customization and odoo implementation.

Odoo is proving to be a blessing for organizations since it aids in the scaling of good growth. Whether you want to manage your company’s accounts or its resources, we’ve got you covered. If you have any further questions about business management, you’ve come to the perfect place.

Odoo is a one-step for all business process integration and functionality issues, since it eliminates errors, costs, and simplifies operations.

It helps you by providing all the necessary solutions to set up an online pharmacy marketplace. Using technology to manage all parts of a business boosts productivity and improves customer service.

Odoo will help you to set up the complete e-pharmacy marketplace. Below, there is a list of some modules required to set up an e-pharmacy.

Odoo apps help you to set up an E-pharmacy

Odoo Multi Vendor Marketplace

Why do you need it?

It provides the platform to set up an E-pharmacy marketplace in Odoo. You can also manage your online pharmacy store in Odoo with this module proficiently.

FEATURES

• Admin can also sell his own products in the store.
• Complete control over the seller and product activity.
• Allow only selected sellers and products to be displayed on the marketplace.
• Add terms and conditions on the seller registration form.
• Set manual or auto approval of sellers request.
• Also provides for manual or auto approval of seller products.

Odoo Marketplace Hyperlocal System

Why do you need it?

It helps you to locate the local sellers on your E-pharmacy marketplace in Odoo. It attracts customers to your website because Customers can buy from local sellers which saves shipping costs and time.

FEATURES

• Allows you to set up hyperlocal services on your Odoo marketplace.
• It also helps the customers to buy the products from the nearest seller.
• Makes delivery fast and less costly.
• The module also shows the nearest products and sellers based on the customer’s location.
• The customers can check the availability of any products in the desired location.
• They can place the order and get the order delivered.

Odoo Marketplace Buyer Seller Communication

Why do you need it?

It helps you to build customer-seller interaction on your online pharmacy store in Odoo. It starts a messaging service on your e-pharmacy marketplace. The messages can include an image, documents, or any other file in the message.

Features

• It allows the buyers to directly contact sellers for any query or feedback.
• The buyer can contact sellers via product page or seller profile.
• The status of the message thread can be changed as per the situation to keep track of the progress.
• The admin can view, monitor and update any conversation from all sellers on the marketplace.
• The messages can be sorted according to the status or date.

Odoo Multi Vendor Mobile App

Why do you need it?

To be within the reach of your customer, it is necessary to have a mobile app. So that customers can order their medicines anywhere at any time.

FEATURES

• It is a mobile App that brings your Odoo marketplace to the play store.
• The App is also functional on iOS and Android platforms.
• Designed as a Native App separately for Android and iOS platform.
• The mobile App also provides the key features of Odoo Multi-vendor Marketplace module right on the phone screen.
• The admin can also show seller shop policies i.e. shipping policy, returns policy etc in the seller’s profile in the app.

Odoo Prescription Attachment for Products

Why do you need it?

Allows you to publish some restricted products on your online pharmacy store in Odoo for which your customers need to upload prescription attachments before buying them.

Features

• Create Restricted Products In Odoo
• Manage The Approval Of Restricted Products
• Add The Details Of Documents In Odoo Backend
• Customers To Track Approved And Pending Orders
• Manage The Warnings When Prescription Is Not Uploaded.

Odoo Delivery Boy App

Why do you need it?

Allows you to assign orders to the delivery boys through your e-pharmacy marketplace in Odoo. For the fastest delivery, you can also track and monitor the delivery status using the app.

FEATURES

• It is designed with the react-Native framework for both Android and iOS platforms.
• The app also allows tracking and monitoring of delivery services of your business.
• The app is designed to bridge the interaction gap between Odoo admin and delivery boys.
• The admin can also assign picking to any delivery boy.
• The delivery can either accept or reject them through the App. The admin can check the same in the Odoo backend.
• The admin can reassign a rejected delivery to another delivery boy.
• The status of the assigned delivery can also be checked in the Odoo.

Odoo Marketplace Cash On Delivery (COD)

Why do you need it?

Many people around the world still pay with cash. So, COD should be also there as one of the payment methods on your e-pharmacy marketplace in Odoo.

FEATURES

• Provide Cash On Delivery (COD) to customers on Odoo Marketplace.
• Also make it easier for sellers to acquire new customers with Odoo COD.
• Quickly set up the Payment option with single-step integration.
• Configure how to give COD options to customers.

Odoo HyperPay Payment Acquirer

Why do you need it?

To add the payment gateway to your E-pharmacy marketplace in Odoo. Most of the users can make payments online or by using cards.

FEATURES

• The module facilitates quick payments for customers on their online orders on Odoo website using HyperPay payment Gateway.
• HyperPay Payment shows up as one of the payment methods on the check out page on Odoo website.
• On selecting HyperPay, the customers are not redirected to any other page. The transaction is completed on the checkout page itself.
• The customer needs to fill the required details to complete the transaction.

How Webkul can help you to Set an E-pharmacy Marketplace?

Webkul helps companies with their industry-leading commerce, ERP, and CRM solutions. In the last 11 years, Webkul served 80,000+ clients worldwide to handle complex operations and to grow their businesses.

To set up an E-pharmacy marketplace Webkul helps you by providing various solutions to manage a complete E-pharmacy marketplace. Moreover, Webkul also offers customization to fulfill client requirements. Our support team will always be there to help and suggest you a better solution related to your queries.

Webkul has a few clients for whom we set up an E-pharmacy marketplace. Some of them are mentioned below.

Takdambazar – Large single livestock market with the support of Kosari agricultural implements and livestock equipment with more than four decades of experience.

Received the symbol of electronic trust from the e-commerce development center of the Ministry of Industry, Mines, and Trade, to facilitate the purchase and sale of goods from different brands.

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