Amazon and Flipkart are looking To Enter Online E-Commerce Sales Of Medicine In India.

 

In India eCommerce business is growing at a very fast speed. The ecommerce companies operating in India want to take the benefit of this growth. So the big player like Flipkart wants to enter in the business of online medicine sales and give good service and grow in this business segment. The requirement of online medicine is very high. Flipkart has started talks on this and also are in the process of creating manpower for e-pharmacy online sales. Flipkart is also in talks with other online e-pharmacy players to work together in this business. Flipkart is also trying to understand all the legal rules and regulations of selling online medicine. So that there are no legal issues, when flipkart enters in online medicine sales.

In India the online medicine sales business is around (1.2 (billion dollars)) and in next 5 years time it is calculated to rise approximately upto sixteen billion dollars. At present in India there are around four million online medicine users and more and more people are opting to buy online medicine in India. Only those sellers can sell online medicine that is certified. Online medicine sellers in India have to get themselves registered with (Central-licensing- Authority) to sell medicine online. In this present time people are buying online medicine to be safe and they do not want to go physically to purchase medicine from chemist store because of the fear of COVID-19 and social distancing.

Virtual Office Address for FlipKart Sellers in India


Amazon has entered in the online delivery of medicine in India. Amazon wants to sell medicine online all over India. Amazon wants to give good service to its customers and grow in the online medicine sales in India. Amazon has started its online medicine sales pilot project in Bangalore, to test and learn in Bangalore, and then start this service in the other parts of India. Most of the companies have selected Bangalore as pilot project location, earlier Amazon has also run pilot project on food online delivery in Bangalore.

Virtual Office for GST Registration in Bangalore | InstaSpaces

Amazon will be selling online medicine with 20% (discount). Amazon will create tough competition for other online medicine selling companies in India. Like (1mg) and (Medlife) etc. Amazon has a big number of its prime customers, and as Amazon will be selling to customers who opt for prime service, there is a possibility that loyal customers of other companies may opt to select Amazon prime medicine service offers. Amazon has stated that they will only deliver checked, approved, genuine, correct, medicines. Customers will be able to buy medical related required equipment such as glucose sugar checking meter, nebulizer etc. Amazon online medicine service will really help people in this virus affected environment.

As the quality of Amazon service is the best in India, so Indian customers will be greatly benefited by Amazon online medicine service. I think the price of medicines will also go down, people will be able to compare the price online and select the best quality medicine at the best price, and this will bring transparency and reduce the monopoly of any one company in India. I think it is a win win situation for customers and Amazon in India.



With the entry of flipkart in online e-pharmacy sales, there will be big growth for e-pharmacy seller’s sales. Earlier medicine sales were limited to a particular area. Now online e-pharmacy sellers will be able to sell their medicine all over India. Even customers will have choice and facility to buy and receive medicine delivery at their home. This is very good news as a big ecommerce player like Flipkart has decided to enter online e-pharmacy sales. This will increase the competition in online medicine sales in providing certified quality medicine at a best price possible.

The online e-pharmacy sellers of Amazon and Flipkart can also take the benefit of Virtual Office Address for GST registration. As e-pharmcy sellers will be selling medicines all over India and sellers might be required to keep their stock of high demand medicines in the fulfillment centers of Amazon or Flipkart. The sellers will be required to take GST registration in that state. And GST registration is not possible with a office address. In this situation e-pharmacy sellers can use virtual office address for GST registration at the minimum cost of Rs. 1000/per month. For more detailed information please contact us at 888270202 or click the link below. 

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