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How to learn with Chemist Warehouse being in your local area

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How to learn with Chemist Warehouse being in your local area

A couple of weeks ago there was commentary about Chemist Warehouse (CWH) on the popular marketing TV show Gruen. After reading about it on AJP and Pharmacy News I felt it was necessary to watch the segment.

The host Wil Anderson and other guest speakers discuss in detail about CWH’s strategic marketing. The chemist chain spends $100 million a year to look cheap and cleverly gives the impression that all their merchandise is a bargain. They describe CWH as a marketing machine and that it’s more a media empire than chemist.

A common trend we see from top level pharmacies

A common trend we see from top level pharmacies

As pharmacy accountants and bank panel valuers we see a variety of businesses, all with different systems that make up their finance function. Furthermore, each finance function has varying degrees of complexity and competency. As we do a lot of valuations over the course of a year we see financial reports in a whole variety of states.

Why do you own your pharmacy?

Why do you own your pharmacy?

Sometimes you get asked a simple question that really stumps you, where you really struggle for a genuine answer.

For me that happened early in the Peak life. Someone asked me “Why are you in business? What is your purpose?”. Such a simple question, yet deceptively difficult. No one had asked me that before, and to be honest, I didn’t have an answer.

Why should you create your perfect pharmacy?

Why should you create your perfect pharmacy?

Now we all know there is no such thing as a perfect pharmacy. Every business has its strengths and weaknesses both good points and bad points. But have you ever dreamt of what your business could become if you really pushed it and pushed yourself? Have you ever been bold enough to dream of what is possible, and taken on a goal that scares you?

Acknowledgement of Country

Peak Strategies acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, waters and community. We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present.

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