1000Farmacie Experiences a 240% CAGR as a Result
of Tntra's Technology Stack Enhancement
1000Farmacie Experiences a 240% CAGR as a Result of Tntra's Technology Stack Enhancement
Tntra is elated to announce the partnership with 1000farmacie has progressed well, completing all its objectives while meeting all the benchmarks. 1000Farmacie is an Italian platform that brings together pharmacies, parapharmacies, and other partners to offer customers a wide range of products for their health and well-being.
Tntra has a unique global innovation ecosystem that provides software engineering services, incubation, venture capital, an enterprise innovation platform, and a future-of-work academy to build and nurture human resources. It provides software services for legacy and mature systems, software product engineering for IP-driven enterprise requirements, and digital transformation services. Tntra operates across the US, EU, India, Singapore, and Japan and has extensive domain experience in FinTech, HealthTech, IoT, Supply Chain, Advanced Manufacturing, and New Economy.
The pandemic-induced surge in online transactions and regular product shortages in traditional stores prompted 1000Farmacie to seize the chance to enhance its marketplace technology and mobile app. In addition to the payment gateway problems, the platform had poor interface design and mobile performance. What 1000Farmacie wanted was to bridge the gaps and negate the technical and business challenges by improving the user experience and engagement, which would increase client base and loyalty.
Utilizing headless eCommerce architecture, Tntra's engineering team crafted a platform enabling seamless product browsing via web and mobile interfaces. The revamped UI of the online pharmacy site ensured accessibility across various screen sizes. Furthermore, we fortified secure payment channels, offering diverse options, including card payments, PayPal, GPay/Apple Pay, and cash on delivery for online transactions.
The Result?
The platform's compound annual growth rate (CAGR) increased by 240% just one month after its relaunch. At the same time, 1000Farmacie's user base tripled over this period. The highly user-friendly platform developed by Tntra offered customers a better shopping experience, which increased the client's customer base.
Furthermore, Tntra's SEO enhancements for 1000Farmacie increased customer accessibility, expanding their customer base significantly. Enhanced search engine results from optimization directly boosted sales, benefiting the sellers. Moreover, it accelerated the turnover of old items that had been around for a very long period on the online pharmacy app.
To learn more about 1000Farmacie - ePharmacy marketplace development, read the full case study now: https://www.tntra.io/case-studies/online-pharmacy-store
Nicolo Petrone, Founder and CEO at 1000farmacie, says,
"Working with Tntra has been a defining journey for us at 1000farmacie. What impressed us the most was the mindset of the team at Tntra. The sense of ownership that the team exhibited has strengthened our resolve to work with them as long-term partners. We are sure it will delight our customers and thus bring us sustainable growth and success."
On partnering with 1000farmacie, Shardul Bhatt, CEO and Co-founder of Tntra,
"1000Farmacie has placed their trust in us to enhance their marketplace for speed, scalability, and future adaptability. We're grateful for this opportunity and look forward to ongoing collaboration on numerous forthcoming projects."
About Tntra
Tntra is a software product engineering company providing development services to partners – from new economy startups to large corporations – around the world. We have the necessary infrastructure – virtual to support global customers across different time zones, and, real along with an open-incubator working facility.
Tntra Ventures provides pre-seed and seed funding, primarily to companies that are part of the Tntra ecosystem. We participate in funding rounds led by our partners that are investing in early-stage ventures.
Tntra brings over two decades of experience in global software product engineering and innovation, along with all the necessary human and technical resources – to entrepreneurs and enterprises who want to deliver successfully in the constantly evolving digital world.
Tntra has delivered solutions to many businesses successfully. Check out our case studies to learn more about our success stories: https://www.tntra.io/case-studies
