Mashroo3k Economic Consulting Company offers a comprehensive feasibility study for an e-pharmacy project, an online application for selling medicines, cosmetics, and medical supplies online.
Online pharmacies provide the ability to reach a larger number of customers in different locations. They also offer marketing advantages that help increase demand for products offered for sale, such as medicines, cosmetics, medical supplies, and laboratory supplies.
The concept of an e-pharmacy project relies on selling medications online and delivering them to patients at a convenient time. An e-pharmacy differs from a traditional pharmacy in that it can communicate with a larger number of customers from different locations at the same time.
An online pharmacy facilitates easy communication between pharmacists and patients, enabling them to provide detailed diagnostic services, describe treatment mechanisms, identify available drug alternatives, and explain correct drug dosages, contraindications, and side effects.
Online pharmacies offer a variety of options, from ordering a specific medication as prescribed by a doctor to requesting a medical consultation, to paying in cash or using various credit cards, and allowing patients to choose the time and location for delivery.
The e-pharmacy project keeps pace with the massive boom in the healthcare sector following the spread of the COVID-19 pandemic, in addition to recent developments in the e-commerce sector.
Compatible with all Android and iOS phones.
The control panel is available in both Arabic and English.
The app interfaces are designed to be user-friendly and distinctive.
Easily add or block new customers using their phone numbers.
Option to receive service fees either in cash or via electronic payment (MasterCard or Visa).
Receive complaints and respond to customer messages.
Announce new services by sending bulk notifications to customers.
Access customer ratings for each service and the employee who performed it.
Ability to chat with customers via text.
Protection against tampering or hacking, as it is equipped with top-level security features.
24/7 technical support service available.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The e-commerce sector is one of the emerging sectors in the Kingdom of Saudi Arabia. It has grown significantly in recent years, especially after the announcement of the National Transformation Programs and the launch of Vision 2030. There is no doubt that e-commerce has become a major driver of the global economy in general and the Saudi economy in particular. The Kingdom is the largest market for this sector in the Middle East. Internet penetration in the Kingdom is 95.7%, and electronic payments for the retail and individual sectors accounted for 36% of the total available payments, including cash (as of the end of July 2020). Because Mashroo3k Economic Consulting and Market Research Company encourages its clients to invest in this vital sector, it would like to present the most important information and statistics available for it below:
In 2019, the Kingdom ranked ninth in terms of improved e-commerce growth among Asian countries.
The Kingdom ranked 49th in the United Nations E-commerce Index in 2019, up from 52nd in 2018.
The total e-commerce revenue in Saudi Arabia for 2019 was $4.93 billion. This significant figure is broken down as follows:
Electronics and media: $1.58 billion.
Fashion: $1.628 billion.
Grocery and personal care: $973.7 million.
Toys, hobbies, and DIY: $513.9 million.
Furniture and home appliances: $234 million.
E-commerce revenues are expected to reach $8.29 billion by 2024.
In 2019, the number of internet users engaged in e-commerce (buying or selling) in the Kingdom reached 23.7 million, and this number is expected to rise to 33.6 million, an increase of 42%.
Clothing, shoes, and sporting goods are the most popular items purchased online, accounting for 67% of all e-commerce purchases. Cosmetics come in second place with 25.9%, followed by books and magazines with 24%, and IT services with 16%. Other goods account for the remaining share.
With the spread of the coronavirus, the number of e-commerce stores in the Kingdom increased by 12.4%, reaching 28,676 stores (by the end of the first half of 2020), up from just 25,501 in the fourth quarter of 2019.
