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Cover Story

               ONLINE OP T IC AL S ALE S








                                      “    The 2018 Forbes report also states that the outfit was close to


                                           launching an online tool to measure PD using the camera on a
                                                                                                               “
                                                  computer or smart phone. This, too, remains in the future.









                              One of the major obstacles to the online
                              buying process in the optical sector
                              is that an eye examination and a
                              prescription are still needed, requiring
                              a visit to a brick-and-mortar store. In  for instance – online services may not
                              2018  Forbes reported that digital eye  be able to achieve the exact fit needed.
                              exams couldn’t be far off, but this hasn’t  And finally, insurance coverage may
                              yet happened. 3                     vary between providers.
                              Another issue preventing online sales  Even taking the above into account,
                              from becoming completely virtual  optical e-commerce is continuing
                              is that shoppers need to know their  to gain critical mass in Canada and
                              PD and it’s not always included in a   globally. In 2019, Global Market
                              patient’s  prescription.  While  some  Insights, a global market research and

                              retailers’ websites have how-to guides  management consulting company,
                              for measuring PD, many consumers  published its Eyewear Market Report

                              are understandably reluctant to  on the state of the optical industry in
                              trust their competency in doing this   31  countries.  The  report  states  that,
                              themselves.  Zenni, a leader in the   “Online stores are projected to witness
                              optical  e-commerce   sector,  has  around six per cent CAGR (compound
                              developed an online PD ruler which  annual growth rate) up to 2025”.
                                                                                              4
                              is downloadable on their website. The
                              2018 Forbes report also states that the   Despite the extreme supply chain
                              outfit was close to launching an online   shortages caused by the pandemic
                              tool to measure PD using the camera   across all retail sectors, optical
                              on a computer or smart phone. This,   e-commerce is expected to continue
                              too, remains in the future.         thriving due to a combination of
                                                                  improved technology-driven shopping
                              A third factor is that fit adjustments  solutions and growing acceptance of
                              to glasses must be done in-person.  the channel as an attractive alternative
                              Fourth,  if  the  wearer  has  specialized  to the conventional brick-and-mortar

                              prescription needs – progressive lenses,   retail model.             n
                                                                                                  E

               References:
               1.  Retail-Insider.com: Online Sales of Eyeglasses Have Spiked in 2021. Accessed January 20, 2023.
               2.   McKinsey.com: The Great Consumer Shift: Ten Charts that Show how US Shopping Behavior is Changing. Accessed January 20, 2023.
               3.  Forbes.com: Buying Glasses Online Is Becoming The Norm — But Growth Will Explode Once Eye Exams Go Digital. Accessed January 20, 2023.
               4.  Gminsights.com: Eyewear Market Size and Share | Industry Statistics - 2025 - Table of Contents. Accessed January 20, 2023.


      14  /  JANUARY - FEBRUARY 2023   /   www.ENVISIONMAGAZINE.ca  /
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