I have been buying a generic script item through Chemist Warehouse for years. The price that Chemist Warehouse and other online pharmacies advertise is $29.99.
On the Chemist Warehouse site it now shows "Temporary Low Stock" and you cannot buy it online and they suggest ringing your local Chemist Warehouse branch. I rang a number of their branches and they said they haven't stocked the $29.99 generic for months and the only generic they sell now is the GH branded generic at $49.99. I was told that they have no intention of stocking any other cheaper generic brands of this item in future.
Is this a new "bait and switch" tactic?
Should they remove the web page showing the $29.99 priced item that they will never stock again? This is almost anticompetitive behaviour because when you do a Google search for the item, the Chemist Warehouse for the no-longer stocked item comes up first, pushing the competitors' genuine entries for the same item at $29.99 further down the search results.
I contacted a few other online pharmacies with brick and mortar stores and they sell the cheaper generic and another for $29.99. I'm going there this afternoon to buy from one of their pharmacies.
By the way, I know from a friend of a friend who used to be a pharmacist that the cost price for the item is around $5.
I'm wondering if Chemist Warehouse are doing this with other generics across a range of pharmaceuticals, pushing their customers onto more and more expensive generics when competitors can sell the similar generic items at half the price?
The argument of cost price is pretty null imho. Unless you are wanting to study being a pharmacist, fork out huge capital outlay to open a pharmacy, only for you to get meds at cost price…
Plus, cost price is one thing, but soon you'll find you'll have to pay labour, rent, outgoings. Obviously you want to make sure you are paid for your effort in doing everything…
In regards to bait and switch, nah that's not it. They just have amazing SEO (or putting lots of money on it). Bait and switch would be, "hey come buy this for 10 bucks" and when you went there, the SAME ITEM is actually 20 bucks.