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How badly are we being ripped off on eyewear? Former industry execs tell all

latimes.com

11–20 of 317 posts

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#11
post #2

Without even opening the article I can predict that it informs everyone of what a behemoth Luxoticca is. As a person with a nearsightedness measurement greater than -5.5, it's something I had to educate myself on. Costco optical is a decent option for retail sales.

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Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#12
post #5

My last pair of designer frames with lenses from LensCrafters: $350, similar pair from my optometrist: $750, similar pair (but not designer frames) from an online retailer: $50.

They're still making a profit off of it.

Sure. You want businesses you deal with to make profit, otherwise they won't be around to do business with in the future.

In industrial supply chain, if you have two suppliers who are each charging the same price and you know that one is making higher profit margins, go with the one with higher margins - they're more likely to be stable.

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#13
Why would Versace, Chanel, Burberry etc which are considered luxury brands, all of the sudden sell discounted frames? They have extensive markups on all of their clothing, handbags etc. They are targeting a different, and I would imagine dwindling, market.

There are plenty of options online and offline for cheaper frames.

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#14

For the last couple of years I have transitioned to Parker Warby and Costco's Kirkland Brand for reading glasses. As a tip for Americans, when traveling to Europe make sure you go shopping for Frames. You will get them for 1/4 - 1/3 the cost of US prices and have a selection 10 times as large.

I'll have to keep an eye out, thanks!

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#16
I use every chance I get to tell people about ZenniOptical.com because they are so great.

A full pair of glasses (yes, frames and lenses) start at $6.95 total. Even with some upgrades for scratch resistance & to prevent glare I don't think I've spent more than $50 on a pair of glasses since I found Zenni.

There's also the added bonus of the expensive glasses/sunglasses paradox: the more money I spend on glasses & sunglasses the more prone I seem to breaking or misplacing them. Needless to say at $7/pair I've got quite the collection of Zenni frames going since I've yet to lose a set.

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#18
post #8

I was able to slash my eyeglasses expenditures in both the exams and the frames: eye exams: I used to pay the optometrist $153 ($117 refraction + $36 dilation). I later found out that Costco often has an optometrist on site in a tiny office and will charge just $59 (and add +$20 for dilation). That's less than half the cost of most other optometrists. frames: switched to Zenni online to avoid the LensCrafters/Pearle/…

I ended up with Warby Parker after decent experiences with Zenni. Warby Parker offers a home try-on service for free, where they ship you a pack of frames for you to try on (without prescription lenses). They also have a few retail stores.

They still came out to be cheaper than Luxottica, and for something that I use for years, it ended up being worth it.

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#19
I'm not sure if America's Best is part of Luxxotica (I heard they were owned by Walmart but I never checked) $59.99 glasses turn into $349. Special exams, coatings, plastic lenses, 'Contact lens' fees, 'Contact lens club', scammers just waiting to prey on people that walk in.

Re: How badly are we being ripped off on eyewear? Former industry execs tell all

#20

What are some good online companies that are fighting this status quo?

Zenni is the main online company in the US selling eyeglasses for actually reasonably prices. Downside is that you don't get to try them on before you buy them, and I'm not a huge fan of their styles.
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