Reply to PharmEasy Deals, Offers, Discount Coupons, Reviews & User Experiences

Message: [QUOTE="amish, post: 1076322, member: 1686"] Although I am happy with their service but now I have a feeling that [B]they may be converting black money into white[/B]. I am just speculating but I think this is what is going on in background. [LIST=1] [*]Tie up with medicine stores all over (offer them 5% to 10% per order) [*]Tie up with original manufacturers (bulk buy at 35-50% discount) [*]Take order from customer for example say order is worth Rs.100 [*]Purchase medicines from store [U][B]on credit[/B][/U] at full price [*]Take money from from customer with 20% discount (i.e. Rs 80) [*]In their sale book - add 20% of their black money from own pocket ([U][B]black money converted Rs.20 per Rs100[/B][/U]) [*]From their own store - replenish (give back) the medicines to medicine store with 10% extra money (Rs.10 as their commission) [*]Their own profit 5% to 15% (i.e. minimum Rs35-Rs20-Rs10=5Rs.) [/LIST] So for every Rs.100 worth of order, they make upto 15Rs + 20Rs worth of black money converts to white [B]Plus medicine store owner get 10Rs for FREE without doing ANYTHING[/B]. His turnover also increases. If 10Rs given as commission is also in cash then black money converted would be Rs 30 per order worth Rs100. (Huge conversion) Note: Percentages above are just my guesses but thats the only way they can have profitable business. [/QUOTE]