Questions

Frequently asked questions

Do I have to match Amazon or Promofarma prices?
No. Match them, or get close, only on the short list of products your customers compare from memory or with a phone in hand. Everywhere else in parapharmacy you compete on advice, immediate availability and a margin that keeps the pharmacy open.
What is a key value item (KVI)?
An item that shapes the whole store's price image far more than its sales would suggest: customers know it, buy it often and roughly know what it costs. In a pharmacy these are typically a well-known sunscreen, a mass-market shower gel or shampoo, or a supplement people ask for by name.
Can I sell a product below what it cost me?
Selling at a loss is not simply banned, but Spain's Law 7/1996 makes it unlawful when it is unfair, for example when it misleads customers about the price level of other products or is part of a strategy to push competitors out. If you plan to do it systematically, ask a legal adviser.
What 'before' price can I show when I advertise a discount?
The lowest price you applied in the previous 30 days. You must be able to prove it from the price history in your pharmacy management software.
How often should I review parapharmacy prices?
Key value items every few weeks, and always before a big campaign such as summer or back to school. For the rest of the shelf, quarterly is enough unless a manufacturer changes its price list.
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