ABSTRACT

Learning Objectives: After reading this chapter and working through the case, the reader will be able to:

1. Describe the role and importance of marketing in a twenty-first-century retail pharmacy

2. Analyze the environmental factors impacting the market for a pharmacy

Introduction to Pharmacy Marketing ..................................................................... 216 Marketing Mix and the 4 Ps ................................................................................... 217

Product .............................................................................................................. 218 Total Product Offering .................................................................................. 218

Price...................................................................................................................220 Cost-Based Pricing .......................................................................................220 Demand-Based Pricing .................................................................................220