Founded in 2011, GoodRx identifies low price points and discounts for buying prescription medication. By curating an online database of medication pricing and discount offers, the brand’s mobile app empowers customers to apply these coupons to their medical spending.
However, recent changes in consumer behavior financially hurt GoodRx.
During the pandemic’s public closures, everyday patients made fewer doctor’s office visits. More specifically, this decrease led to fewer prescriptions filled and less use of GoodRx’s mobile app. Then its stocks fell.
By informing current clients and potential new clients about its “Care” service, GoodRx can recover lost revenue and app-users.