In wake of the COVID-19 pandemic, online pharmacy Cabinet, recently launched a new pay-what-you-can program policy to ensure that everyone can have the health essentials they need to feel prepared. The new online pharmacy provides over-the-counter medicines and hand sanitizer that can be shipped directly to homes in 2 to 3 days at accessible pricing as, according to the brand, Cabinet's products are on average 55% less than brand names.
To help prevent the spread of the virus, Cabinet is offering consumers a preparedness kit that includes 2 Instant Hand Cleansers (70% alcohol content), 100 tablets of Acetaminophen, 48 soft gel tablets of Daytime Cold & Flu, and 48 soft gel tablets of Nighttime Cold & Flu — all for $30 USD.
Pay-What-You-Can Online Pharmacies
Online Pharmacy Cabinet is Helping Public Safety Amid Covid-19
Trend Themes
1. Pay-what-you-can Programs - Exploring pay-what-you-can business models can disrupt traditional pricing structures and increase accessibility to essential products and services.
2. Direct-to-consumer Delivery - Offering direct-to-consumer delivery can revolutionize the pharmacy industry by providing convenient and efficient access to medications and health essentials.
3. Affordable Alternatives - Creating affordable alternatives to brand-name products can disrupt the pharmaceutical market and promote greater affordability for consumers.
Industry Implications
1. Pharmaceutical - The pharmaceutical industry can benefit from implementing pay-what-you-can programs and direct-to-consumer delivery to improve accessibility and affordability.
2. E-commerce - The e-commerce industry can seize the opportunity to support online pharmacies and facilitate the delivery of health essentials directly to consumers' homes.
3. Consumer Goods - Consumer goods companies can explore the creation of affordable alternatives to brand-name products, offering consumers more accessible options in the market.