I just opened a drugstore. How can we make money? Thank you for your questions.

1. Differentiated management. We should attach importance to brands, strengthen management, provide in-depth services and explore reasonable market competition. Profitable pharmacies all have unique skills in the service quality of featured operations. Some pharmacies implement drug delivery to the door; Some pharmacies decoct or process traditional Chinese medicine on behalf of customers, such as Jian Kang Pharmacy in Guizhou, which introduced Shandong Jingcheng Chinese medicine pulverizer, capsule machine, pill making machine, decocting machine and slicer, and the sales volume of medicinal materials increased by 800%. Some pharmacies provide considerate pharmaceutical advice to customers and gain their long-term trust. 2. Professional management. For example, Guangzhou Baekje Anti-tumor Pharmacy, Shanghai Cancer Pharmacy and Coronary Heart Disease Pharmacy, Luban Pharmacy, which specializes in diabetes drugs in Shanghai, and Shenronghang. Because such pharmacies have established professional brands and strengthened value-added services, they can often gain stronger trust from consumers, thus establishing a business model with high gross profit and low flow. For example, pharmacies dominated by female consumers can increase female care products, thus creating various consumption opportunities among characteristic customer groups and bringing better cash flow to pharmacies. 3. Diversification. Drugstores located in communities or streets and lanes can consider diversification. In the United States, diversification is a very mature way for single pharmacies. Many pharmacies deal in cosmetics, daily necessities, school supplies and other commodities, and even undertake dry cleaning, film development and other businesses. For example, Tongrentang, Chengdu, launched a medicated restaurant on the basis of Chinese herbal medicine management, and successfully extended the brand of Chinese herbal medicine management to the catering industry.