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Competitive analysis
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www.meramedicare.com
SWOT ANALYSIS(Mera Medicare) : For Competitive Analysis
StrengthsEfficient Service (Delivery
within hours)Ease of orderingCustomer First
approach(Example : Select Medicine) facility )
Order through WhatsappRegular discounts and offers on Billing amount
WeaknessesOnline Help facility is not 24 *7(Non-availability of
agents is also not popped. if nobody responses for a
long time.)Website has limited features.Example :
Healthcare has only 1 entry, Regular medicines
(Boroplus,Amrutanjan etc.) with their prices should be
visible on the website.Facilities in limited citiesAbsence of Mobile App
OpportunitiesIncreasing awareness of
E-commerceNeed for quicker and
convenient home deliveryIncreasing penetration of
TechnologyInvestors ready to invest
in healthcare start-ups.Absence of any Brand or
Big player.
ThreatsPotential Existing
Competitos. Example :MEDIDART ,HEA
LTHKART, MedPlus MartNew Entrants.
Example :Healthwala
Porter 5 Force’s (E-commerce Healthcare industry ):For Mera Medicare Competitive Strategy
Threat of Substitutes(Moderate)Many competitors like “HEALTHKART”,”MedPlus Mart”,”MEDIDART” etc., but all are start-ups.Absence of any Brand Name.Some Competitors are providing “Smartphone App “ facility also, which could be advantageous for them.Pan-India Presence of some competitors like MEDIDARTBetter Web Design to attract more customers.Example : List of commonly used medicines like Amrutanjan,Vicks ,Boroplus on the website(HEALTHKARTMedPlus) with their prices.
Bargaining Power of Suppliers(Low)Large No. of suppliersSwitching Cost of suppliers are not very much.
Bargaining Power of Buyers(Moderate to High)No Brand loyalty till now, as it’s startup.Presence of competitors with attractive offers and facilitiesLow switching cost
Industry Rivalry(Moderate)
In future, it would be high due to large no. of upcoming players
Overall a Smart Choice
THANK YOU
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