Is Walmart Pharmacy Cheaper Than Walgreen?
Is Walmart pharmacy cheaper than Walgreens? It depends on what your definition of “cheap” is. For many consumers, cheap means not being able to pay full price for the items that they need. For others, it doesn’t matter whether they can’t afford the name brand items or not.
The way that drugstores like Walmart work is by offering a wide variety of products at low prices so that they can make a profit. Walmart pharmacies may not offer the same selection of name brand items that drugstores like Walgreens do. However, the difference is that a consumer going into a Walmart drugstore is actually trying to save money as well as finding the item they need. A drugstore visitor looking for name brand medication may not be able to find it in a Walmart drugstore, but they are more likely to find it somewhere else.
Another thing that drugstores like Walmart do differently than Walgreens is that they offer lower prices on previously owned brands. Sometimes a generic name brand drugstore may be more expensive than one that is brand new. In addition, some generic names have less of a product history than brand names that have been on the market for awhile. The average consumer will not notice these price differences, but they do add up over time. It may take a consumer a week or two to notice the difference, but it adds up quickly.
Walmart pharmacies also have fewer drugstores and more chain stores in one shopping area. Each store tends to sell a different type of merchandise and has different profit margins. This means that the prices of items bought at one store may be cheaper than what is found at another chain of the same store. It is not uncommon to see electronics or clothes priced at the same amount at both Walgreens and K-Mart, but the latter tends to have slightly better prices on the nicer brand name products.
Another reason why a drugstore chain store may be cheaper than a Walmart pharmacy is because the chain often has a much smaller overhead than a conventional brick and mortar drugstore does. Stores are run on limited budgets and so can afford to pass savings on to customers in various ways. Frequently, cheaper drugstores have lower overhead than other retailers, but this can vary from one chain to another. Many chain stores also offer cash back or rewards programs, making their prices even cheaper. These types of promotions are becoming more popular, as more people realize how convenient they are for saving money.
Discounted medications can be found in several places, including traditional brick and mortar pharmacies, discount super markets and online health clubs. While the average customer may not notice a difference in price between a Walmart and a discount store, the savings to the consumer makes may be substantial. It may only take one time use of a specific brand to pay off some of one’s bills.