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Earlier this year I introduced the Ventures team, our mission and why what we’re doing is important for our Co-op. In the 6 months that followed, not only have we launched our first venture, local.co.uk we’ve also decided to close it, taking with us some key learnings to pursue our latest focus in health and wellbeing, Co-op Health.
In a word, we’ve been busy. So, let me quickly bring you up to speed.
Testing an online, co-operative, marketplace
Our online marketplace, local.co.uk was the first venture we tested. We were looking at disrupting online marketplace businesses with our co-operative model. In the few months the site was live we served many customers from right across the country; customers buying handmade and locally sourced homewares, toys and pet accessories from real local vendors and makers.
In true iterative venturing fashion, we built it, tested it, learnt a lot and now we’re moving on. We’re looking for markets where our co-operative business model can add real value to customers and members.
Thank you to those of our Co-op colleagues, customers and Members who, along with us, tested local.co.uk and purchased from one of our many amazing partners.
An online repeat prescription service from Co-op Health
Dimec was founded by two Pharmacists, Chris and Andrew, and is an online service allowing NHS patients to have their repeat prescriptions delivered right to their door by pairing with their GP surgery.
So, yes, our Co-op is reentering the pharmacy market, just in a very different way.
Over the last few months, we’ve been hiring the Pharmacy dispensing team and have been making sure our operation is ready to receive, dispense and deliver orders to customers using the service. From this week, Dimec customers that choose home delivery will start receiving their medicines from Co-op Health, dispensed from our new Pharmacy within Co-op’s Depot at Lea Green.
Next year, we’ll launch the Co-op Health business to the nation.
Innovation at our Co-op
Alongside our colleagues in the Digital team, we’re based in The Federation. The Federation is a community of Digital businesses and innovators built on co-operative values in Manchester. Stay updated on all venturing and innovation at Co-op:
Director of Ventures