MDR 1.45% 34.0¢ medadvisor limited

Ann: Appendix 4D and Half Yearly Report, page-9

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  1. 1,440 Posts.
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    The Pharmacy guild has its own app... My guess is an owner operator member of the pharmacy guild is not going to promote another app against their industry group - Medadvisor has a great opportunity here to relieve the group of having to maintain their own app and just use the Medadvisor app. Another barrier to adoption is age. The bulk prescriptions are for older members (reluctant to use apps due to privacy / security concerns) of the population so Medadvisor should be promoting relentlessly through the GP practices / member organisations throughout Australia - GP's and their staff are trusted so this could be a great way to convert many to using the app. Recently I heard some radio ads promoting the app, I felt the ads were an attempt to convert older people to the app but IMO they were way off the mark landing the message they needed to. The MDR basic app is simple and doesn't really have a strong moat unless integrated with GP's, Pharmacies and in particular Consumers to offer a seamless easier end to end experience. Medadvisor would struggle to charge more until they can integrate in such a way. All IMO, DYOR.
    Last edited by Deanostock: 03/03/21
 
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