Professional Documents
Culture Documents
INDORE
Shri Vaishnav School of Management
SESSION 2019-20
BBAI101:Principles of Management
The
users on the platform simply need to upload a prescription to have
their medicines delivered to their doorstep. Patients also receive access
to a virtual vault that stores their prescriptions and enables one-step
purchase for ongoing medication
"Fail, if you have to, but fail fast, learn and come back." - Dr. Dhaval
Shah
PROMOTION
PharmEasy entered into a partnership with Brand
Capital, the strategic arm of Times of India Group
that enabled them to create awareness about this
emerging category and establish the brand
'PharmEasy' in the consumer mind space and
thereby accelerate transactions through their app.
Customer is our king and as far as we ensure that
we take care of them - there is no going back."
Dharmil Sheth
PROMOTION
REVENUE AND PROFIT
Founded: 2015
Headquarters: MumbaiMaharashtra
Revenue $ 1M
Profit 50M
SWOT ANALYSIS
STRENGTHS
I. Strong brand name and good financial position
II. Major player in insurance sector
III. Varied range of services and products
IV. Has its presence in 60 countries with a customer base of 90
million
Over 65,000 employees
WEAKNESSES
V. Over-dependence on US
VI. Lacking in global recognition as compared to
competitors
SWOT ANALYSIS
OPPORTUNITIES
I. Expansion in other countries
II. Diversifying portfolios for customers
New Emerging markets
THREATS
III. Changing govt regulations and financial crisis like
recessions
IV. Natural disasters
V. Other competitors in the industry