Market Research for National Non-Profit Pharmacy

Closed
Rx Outreach, Non-Profit Pharmacy
Maryland Heights, Missouri, United States
Bill Vatterott
Director of Marketing and Programs
(1)
3
Project
Academic experience
120 hours of work total
Student
Anywhere
Advanced level

Project scope

Categories
Market research Competitive analysis
Skills
marketing target market market research research
Details

Rx Outreach, a non-profit digital pharmacy, has limited capacity and needs to improve our marketing so that people who struggle with illness and poverty can find our services and more easily order their medications. Our mission to provide free and affordable medication to uninsured and underinsured people earning less than 400% of the Federal Poverty Level.

Since 2010 Rx Outreach has tried to keep our affordable medication program as simple as possible but there are now many more online pharmacies that we are competing with for patients.

We would like a group of students to conduct a market assessment, identify potential areas of focus, and create a detailed marketing action plan.

The research will include:

  • Target market research
  • Industry size and market potential
  • Competitive landscape
  • Strategic positioning of our brand
Deliverables

We hope to gain a comprehensive understanding of how we can better serve our customers. We would like recommendations on how to improve our positioning, brand, and products and services.

  • Identifying the target market and estimating the market potential
  • Conducting an in-depth external analysis covering relevant social, technological, economic, competitive, and regulatory trends
  • Providing insight and recommending strategies related to Marketing to patients and organizations that support low-income people in need of medication access
Mentorship

Our Marketing Director and other senior team members will work directly with the team to assure that they have all the tools and information needed for a successful project.

About the company

Company
Maryland Heights, Missouri, United States
51 - 200 employees
Non-profit, philanthropic & civil society, Hospital, health, wellness & medical

Rx Outreach is the largest nonprofit, fully licensed, digital pharmacy in the U.S. and provides access to affordable medications for people who are uninsured or under-insured. It offers nationwide access to more than 1,000 medication strengths at affordable prices. Located in St. Louis, Missouri, the mission of Rx Outreach is to provide affordable medication to the under-served. Rx Outreach partners with hundreds of clinics and organizations across the U.S. to provide a crucial health safety net for those who battle both illness and poverty. Since 2010, Rx Outreach has saved people in need more than $1 billion on their prescription medications.