Corporate Strategy
New Products
Nuelmed acquires the ownership, franchise, or sales dominance of products through ownership, agency, and OEM arrangements, and builds a product and marketing promotion system to enhance its ability to promote new products and improve profitability.
Focusing on Chinese and Western patent medicine, Jointown has organized and coordinated Jingfeng Pharmaceutical, product strategy development division, ALL WAYS ENGINE, general agency brand promotion business group-medical channels, pharmaceutical service business division, and central marketing division to enhance Jointown's product competitiveness in their respective business areas from the three dimensions of R&D, production, and promotion.
New Retail
Nuelmed has enhanced the digitalization of franchised stores, reshaped the ecosystem, and constructed a service system based on the integration of wholesale and retail, online and offline services and BC warehousing and distribution, with the Ten-thousand Store Alliance Plan empowered by advanced technologies, in order to deliver new value and experience to B-end and C-end customers.
The "New Retail Strategy" covers transformations in six aspects: digitalization of franchised pharmacies, full networking of e-commerce agency operation services for pharmaceutical and medical device enterprises, platformization of B2B business in single pharmacies and clinics, intellectualization of medical services, integration of logistics, wholesale and retail, and warehousing and distribution, and facilitation of financing settlement. Jointown focuses on its core businesses to realize in-depth comprehensive digitalization, and build a closed loop of retailing service system.
New Medical Services
Nuelmed has optimized the variety structure of clinics, constructed a supply system for specific varieties, and improved the satisfaction with clinic varieties based on the supply chain business; it has set up professional teams to provide digital-intelligent operational value-added services for clinics, propelled tens of thousands of clinics to join as its franchises or alliances, and provided one-stop solutions for new clinics, so as to boost the growth of clinic business. By integrating diverse capabilities such as specialized disease services, online services, and health insurance, Nuelmed has expanded and upgraded the digital medical services step by step based on the supply chain, thus constructing a comprehensive clinic service platform integrating the supply chain and focusing on the digital medical services.
Digitalization
Nuelmed is intended to further utilize AI technology and carry out intelligent applications through digital construction of multiple scenarios such as business, management, and services for upstream and downstream customers, to enhance operation and management with less cost and higher efficiency, and create greater value for customers.
Through the digital construction of multiple scenarios, Jointown will improve the overall capabilities to digitalize its business, provide better experience for internal and external users, and enhance operation quality and efficiency.