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VetUK, an online supplier of pet products and veterinary prescription only medications, has announced that it now processes over £750,000 worth of online transactions per month.
The point of the press release was to highlight that this has been achieved using paypoint.net to handle the tens of thousands of orders that VetUK says it receives each month, and process the payments.
However, it does also highlight the ever growing competition to veterinary practices from online. You might like to check VetUK's POM prices here.
PS: Whilst you're here, take a moment to see our latest job opportunities for vet nurses.
In complete agreement! we cannot compete and like Tracy said we will have to raise prices in other places soon!
I had a bit of an "altercation" with some dog crazy people on a forum about this subject. I disagreed with using internet pharmacies and asked that they support their small, local practice instead. They said they would spend their money wherever was cheapest, so I pointed out that if vets cannot generate revenue from drugs, would they be prepared to pay between £80-100 for a consult instead. The answer: "How proposterous that anyone would charge that much for a consult. Vets would go out of business if they did" The general public just have no idea about the costs it takes to run small practices.
i second what sal said, as a small practice we simply cannot compete with online prices, we focus on client care instead of pile em high, sell em low!
the main supplier to our practice (but for how much longer? - who must have huge buying power and leading on from that huge bulk discounts from manufacturers) is still trying to sell us products that are in some cases twice or more the cost of the internet pharmacies and are now refusing to deal with group buying schemes ( we are not a corporate but a small standalone practice) - some of the companies supplying vet practices are getting far too greedy, if they continue to be greedy it will result in more internet prescriptions and even fewer sales for veterinary practices.Wholesalers cannot survive without the practices who purchase from them - its not only down to the practices to revise profit margins to survive.