Do you have a product that is perfect for Good Neighbor Pharmacy Stores and You Want to Become a Good Neighbor Pharmacy Vendor?
Are you looking to sell your consumer product to Good Neighbor Pharmacy wholesale stores? In this training segment, Karen Waksman will provide you with some helpful tips and tricks on how to get started. Good Neighbor Pharmacy is a regional chain that is similar to CVS and Rite Aid, and is a great retailer to focus on if you have a great product that is related to health, well-being, or beauty.
What to Consider When Selling to Good Neighbor Pharmacy
When selling to Good Neighbor Pharmacy, it is important to make sure that your product makes sense for them. Take a look at their website and visit their stores to make sure that what you are selling is similar to the products they already have. It is also important to note that Good Neighbor Pharmacy does not have a lot of shelf space for products, so if you have big bulky packaging, it may not be the best place to go. Additionally, your pricing needs to be aligned very closely to what they already have in stores.
Another thing to consider is that many of your competitors may not be thinking about Good Neighbor Pharmacy, so it can be a great opportunity for you to get ahead of the competition. When you approach Good Neighbor Pharmacy, make sure that you have done your due diligence and have seen their stores. Retailer buyers get very frustrated when you try to reach out to them and you didn’t do your due diligence.
Finally, when it comes to supplements, it is important to consider the quantity of product that the pharmacy is selling. If they are selling a product that has 100 tablets in it, but you sell one that has 500 tablets, you might need to create packaging for the 100 tablets in order to get a buyer to pay attention to you.
Getting Started with How to Sell to Good Neighbor Pharmacy!
Selling to Good Neighbor Pharmacy can be a great opportunity to get ahead of the competition. Make sure to do your due diligence and consider the quantity of product that the pharmacy is selling. If you want to learn more about how to approach, pitch, and sell to chain stores, please subscribe to our free webinar listed below. We also offer events, services, and do-it-yourself programs to help you learn the nuances of developing your product and preparing it for stores. Thanks again for watching and keep in touch!

Outline for "Good Neighbor Pharmacy Vendor - How to Sell to Good Neighbor Pharmacy" Transcript Outline
In today’s training, we will discuss how to sell to Good Neighbor Pharmacy, a regional pharmacy chain that many people may not be familiar with. If you have a great consumer product that’s ideal for pharmacies, this training will provide you with some insights on how to get started. Before we dive into the details, please like, subscribe, and comment if you find this information valuable. At Retail MBA, we have trained close to 100,000 people across the globe on how to sell products to chain stores through events, speaking engagements, and other programs.
First and foremost, it’s essential to determine whether your product makes sense for Good Neighbor Pharmacy. Do your due diligence and visit their website and stores to get an idea of the types of products they currently sell. Don’t assume that just because it’s a pharmacy, they will buy your product. Good Neighbor Pharmacy is a little smaller and similar to CVS or Rite Aid, and they primarily sell products related to health, well-being, and beauty. Supplements, electronics, and health brands are just some of the products that our clients have made millions of dollars selling to pharmacies, making them an ideal retailer to consider.
One thing to keep in mind is that pharmacies don’t have a lot of shelf space, so it’s important to ensure that your product doesn’t have big, bulky packaging. They sell many different types of products, but the shelf space they have is limited, so you need to come in strong and make sure your product will fit on their shelf space. Another crucial factor to consider is pricing. Your pricing needs to be aligned closely with what they already have in stores. For example, if the products similar to yours are priced at $19.97, your product should be priced around that range. Good Neighbor Pharmacy doesn’t play around with their pricing as much as other retailers, so it’s important to keep this in mind.
Suppose you’re selling a supplement product that’s doing well online, but Good Neighbor Pharmacy is selling the same product for a much cheaper price and with a lot less quantity. In that case, you might have to create new packaging and a new product with a lot less size for that Pharmacy. The reason is that pharmacies have limited space, and they have done a lot of research to figure out which products fit best. Suppose they are selling a product that has a hundred tablets in it, but you sell one that’s 500 tablets, but the pricing is different. In that case, you might need to create packaging for the 100 tablets to get a buyer to pay attention to you.
Suppose you’re a supplement seller, and you’re selling a product with a lot more quantity and volume than what Good Neighbor Pharmacy is receiving. In that case, it’s crucial to understand that the volume and quantity that the client receives might be different from what you’re selling online. It’s essential to do your due diligence and understand the quantities that the store is selling your product and adjust your packaging accordingly. However, there are exceptions to this rule, and if you have really great pricing, they might be interested in a bigger packaging with more product. The key takeaway here is not to assume anything and do your due diligence before approaching Good Neighbor Pharmacy.
Another crucial factor to consider when approaching Good Neighbor Pharmacy is to make sure that your product fits in their store. Don’t reach out to them just because it says Pharmacy on it. They want to make sure that you’ve taken the time to look at their stores and make sure that your product fits their current offerings. The reason is that they are a regional pharmacy chain, and they want to make sure that their store assortments are tailored to their customers’ needs.
In conclusion, Good Neighbor Pharmacy is an excellent retailer to consider if you have a product related to health, well-being, or beauty. Hope this helps!

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In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Karen Waksman,
Retail MBA
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