What does it take to succeed in today’s pharmacy market?

This is really the million dollar question. You may have a specific answer, like partnering with a certain company or offering a certain service because this is something you’ve seen work out for other pharmacies. Or you may be vague in your response and say that carving out a niche is the best way to succeed. 

While these answers may be correct, most answers are contributing factors to the one universal way to succeed in any market – maintain a healthy bottom line.  Simply filling prescriptions and hoping to make a profit at the end of the month is no longer a sustainable way to run your pharmacy business. You must manage your financials.

In this endeavor, we’ve gathered five valuable pharmacy POS reports that can help you keep track of profit.

Does your POS P-O-P?

Even though your customers don’t see much of the hard work performed behind the scenes in your pharmacy, when they arrive at your point-of-sale counter this is one of your best opportunities to engage them and provide excellent patient care to build customer loyalty and trust. Many pharmacy owners miss the importance of the pharmacy POS counter when interacting with their customers. It can leave a lasting impression on a new customer or be a place for advice and counsel for a long-standing patient.