A new client survey finds GoodRx bargains raise sales for retailers by means of new foot targeted traffic
SANTA MONICA, Calif., Aug. 03, 2021 (Globe NEWSWIRE) — GoodRx, Inc. (NASDAQ: GDRX), America’s leading source for health care financial savings, now shared the benefits of a modern buyer survey demonstrating the company’s impression on pharmacy merchants. Results indicate that GoodRx aids pharmacies boost profits by driving in-shop foot targeted visitors, improving consumer loyalty, and escalating medication affordability and obtain for their prospects.
GoodRx offers reductions at pharmacies across the place, together with big chains like Albertsons, CVS, Costco, Kroger, Rite Assist, Walmart and Walgreens, to enable customers conserve dollars on the prescriptions they want. For individuals seeking for even better discounts, GoodRx gives a membership savings system, GoodRx Gold, which provides price savings of up to 90% off the pharmacy retail (or usual and customary) value on prescription prescription drugs at participating pharmacies nationwide.
GoodRx lately surveyed over 4,000 buyers of GoodRx discount codes and GoodRx Gold and identified that these customers reported the pursuing, which could profit pharmacy merchants:
Raise treatment affordability and adherence for consumers: Prior to utilizing GoodRx, only 23% of shoppers surveyed could pay for all of their prescriptions, when soon after working with GoodRx, that variety skyrocketed to 81% of individuals surveyed being capable to afford all of their treatment. Medication affordability can aid pharmacies decrease “walk away” individuals and prescriptions deserted at the counter due to significant charge, and enhance medication adherence for their buyers.
Income by means of further foot traffic: Just about 80% of people surveyed stated they bought other merchandise these as typical goods or groceries when buying up a prescription, paying out an further $40 or additional on typical at the pharmacy counter.
Stimulate pharmacy loyalty among buyers: 85% of individuals surveyed agree that their favourable practical experience with GoodRx tends to make them want to return to their pharmacy. 65% of consumers who use GoodRx described traveling to their pharmacy at least once a thirty day period, with 26% building more journeys simply because of GoodRx.
Guide to significant customer pleasure: 95% of individuals surveyed experienced a superior or great knowledge making use of GoodRx.
“Our mission has always been to supply Americans with access to affordable healthcare and we carry on to work with partners across the health care ecosystem to drive down medicine prices,” said Bansi Nagji, President of Healthcare at GoodRx. “By supplying savings at just about each key retail pharmacy in the U.S., we ensure their customers can afford their prescriptions and, in transform, support the shops enhance shopper loyalty, raise foot visitors and assure a favourable working experience at the pharmacy counter.”
To understand far more about GoodRx, visit: goodrx.com.
GoodRx aids Individuals get the healthcare they will need at a price they can afford. As America’s foremost useful resource for healthcare personal savings, GoodRx connects customers with very affordable and easy prescriptions and medical care, including telehealth, mail get prescriptions, medical doctor visits, and lab assessments. We have helped Americans conserve more than $30 billion given that 2011 and are 1 of the most downloaded health-related applications in excess of the past 10 years.
This press launch contains ahead-searching statements within just the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this push release that do not relate to issues of historic reality need to be thought of forward-searching statements, including with out limitation statements with regards to the gains of GoodRx’s offerings for pharmacy stores and GoodRx’s impression on the healthcare ecosystem. These statements are neither promises nor ensures, but involve regarded and not known risks, uncertainties and other critical things that could lead to our real outcomes, general performance or achievements to be materially different from any upcoming results, performance or achievements expressed or implied by the forward-seeking statements, which include, but not constrained to, dangers relating to challenges linked to our restricted operating record and early stage of expansion our ability to realize wide market place instruction and transform customer purchasing patterns our capability to carry on to bring in, receive and retain shoppers in a price tag-efficient method our reliance on our prescription presenting and skill to grow our choices modifications in medicine pricing and pricing structures and the essential elements reviewed below the caption “Risk Factors” in GoodRx’s Annual Report on Sort 10-K for the yr finished December 31, 2020, and our other filings with the SEC. These components could cause real success to vary materially from those indicated by the ahead-on the lookout statements manufactured in this press launch. Any these kinds of forward-wanting statements depict management’s estimates as of the date of this press launch. Even though we may well elect to update such forward-searching statements at some level in the long run, we disclaim any obligation to do so, even if subsequent events trigger our sights to adjust.
Make contact with