Amazon Pharmacy has announced an initiative to help consumers access their essential medications in a decidedly lower cost way that doesn't require them to do any additional work.
The pharmacy branch of the eCommerce brand will now automatically apply manufacturer coupons to let patients enjoy savings on eligible brand name drugs. The brand has announced it's working with a range of brands to integrate the functionality right into the checkout experience to expedite savings. The initiative was put forward to help patients take advantage of available coupons, which were found to have low levels of usage.
The company commented on the new coupon initiative saying, "Now, eligible patients can seamlessly access savings on novel, brand-name therapies for the treatment of diabetes, asthma, emphysema, obesity, and other conditions. Amazon Pharmacy will automatically apply these coupons at checkout when eligible, meaning patients no longer have the burden of finding and applying coupons, and can focus on managing their care. No clipping, clicking, or downloading."
Coupon-Friendly Digital Pharmacies
Amazon Pharmacy Now Automatically Applies Coupons for Savings
Trend Themes
1. Automated Coupon Integration - Pharmaceutical companies and online pharmacies will likely adopt automated coupon integration to reduce friction in the coupon redemption process.
2. Increased Pharmaceutical Competition - The digital pharmacy space will become increasingly competitive as more companies, like Amazon, offer lower prices and innovative solutions for customers.
3. Coupons as a Marketing Tool - More pharmaceutical companies will use coupons as a marketing tool to increase sales and customer loyalty.
Industry Implications
1. Pharmaceutical - Pharmaceutical companies can take advantage of automated coupon integration and use coupons as a marketing tool to increase sales and customer loyalty.
2. Online Pharmacy - Online pharmacies like Amazon Pharmacy can differentiate themselves from traditional brick-and-mortar pharmacies by offering automated coupon integration and lower prices.
3. E-commerce - E-commerce companies can disrupt the digital pharmacy space by offering innovative solutions, like automated coupon integration, that simplify the shopping experience for consumers.