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

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

#201
post #151

Earlier quoted context omitted.

are prescription lenses not priced along the lines of the fashion lines?

I don't know as much about that side of things but as I recall Luxottica didn't make the prescription lens, they were ordered to spec from a third party. They sold and manufactured the frames and did the fitting work (which does some times require significant work on the lens like reshaping or drilling holes). This was ~10 years ago though so that may have changed.

Luxottica recently merged with Essilor the biggest prescription lens conglomerate so now they are possibly truly integrated and unstoppable.

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

#202
post #151

Earlier quoted context omitted.

are prescription lenses not priced along the lines of the fashion lines?

I don't know as much about that side of things but as I recall Luxottica didn't make the prescription lens, they were ordered to spec from a third party. They sold and manufactured the frames and did the fitting work (which does some times require significant work on the lens like reshaping or drilling holes). This was ~10 years ago though so that may have changed.

They merged with... Essilor, I think, so they do lenses as well now.

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

#203

Earlier quoted context omitted.

Zenni requires you to do a bit of your own research, like every other new-economy self-service approach. But it's worth it. Switching to Zenni has allowed me to move to cheap CR-39 lenses rather than expensive high index material. CR-39 is soft, and if I'm paying a lot for frames then the lenses getting scratched is a Big Deal. Then pile on further costs for coatings etc. But if the frames and lenses are both inexpen…

What you mention about polycarbonate is interesting. I just got my first pair of glasses (well, the first in about 35 years) and I can't quite put my finger on it but they bother me. Clarity is better, but there's something about the colors of things, especially where things contrast, that is bothersome. I end up taking them off (they are only really for computer use at this point, my vision isn't all that bad yet) j…

Also got my first pair of glasses a few week ago when visiting home!

I love them, everything is so clear, it's almost like switching to 4k! But something is off when I read my computer screen. Also they cause eye strain after a while if I am reading.

Several people mentioned having separate pair of glasses. I have started reading about lenses and all that, very interesting. I'm considering getting extra pairs for cheap to test if I can get something better to use with a computer.

I've seen many recommendations about regular glass (non polycarbonate): heavier, but harder to scratch, and with fewer aberrations.

Also, I've been reading about how some lens maker can go with very precise steps in dioptry, also for the angular degrees of astigmatism instead of rounding. Maybe that would help too?

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

#205
post #27

It's articles like this that make me wonder how much of our middle class burden comes from hidden rent seeking parasites like this. I honestly don't know. I'm not trying to imply any particular thing. I honestly wonder. These sorts of things can stack up through the layers of companies that make things. And where does this money go? What does it end up doing?

A lot of middle-class jobs come from enabling these rent-seekers. Not sure if that counts as 'burden'...

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

#206
post #187

Earlier quoted context omitted.

It doesn't even seem like anyone has interest in building $200,000 houses anymore, but they will sell you a poorly made condo for $400,000 and $600/mo HOA fees. I am a single person trying to find a house that is not four or five bedrooms (I only need one or two) and doesn't cost 1/2 mil minimum and it's difficult. This used to be called "the starter house" but it doesn't seem to exist anymore with new construction.

I decided to take a break from society last year. I'm fortunate enough where I am that it's eminently reasonable to do. I found some Mennonites that build small 14 * 28 foot cabins with two sleeping lofts. It costs about 8k, and that includes delivery to your land. They come with the exterior/roof finished, but the interior is up to you. Your personal asceticism modulates the cost. My shower is actuated by a ball val…

Don't get me wrong, it's great that you found a way to reduce the work stress in your life! But ... I genuinely cannot tell whether the guy posting on Hacker News that he "dropped out of society" is being serious or tongue-in-cheek.

If paying society's currency for all the solar panels and the batteries and the gas and the generator and the refrigerator and the laptops and the deeded property and all the other stuff that society created is dropping out of society, I wonder what it is like to be a member of society.

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

#207
post #168

Earlier quoted context omitted.

It means not buying from a market with sufficient competition.

But there is sufficient competition - you can buy no-name glasses for a few dollars. You can’t buy these specific luxury fashion brands of glasses cheaply but that just means you don’t think the name is worth it. It’s not a ‘rip off’.

It's a ripoff because the price to quality ratio of the luxury brands are much higher than the budget brands which provide the same functionality and style as the luxury brands the only difference being there is no logo stamped on the side.

EDIT: regarding the top comment of this thread, I see and agree with the argument that if you are aware and able to get a cheaper option, then you are not being "ripped off" but just making a bad financial decision of your own accord.

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

#208
post #187

Earlier quoted context omitted.

It doesn't even seem like anyone has interest in building $200,000 houses anymore, but they will sell you a poorly made condo for $400,000 and $600/mo HOA fees. I am a single person trying to find a house that is not four or five bedrooms (I only need one or two) and doesn't cost 1/2 mil minimum and it's difficult. This used to be called "the starter house" but it doesn't seem to exist anymore with new construction.

I decided to take a break from society last year. I'm fortunate enough where I am that it's eminently reasonable to do. I found some Mennonites that build small 14 * 28 foot cabins with two sleeping lofts. It costs about 8k, and that includes delivery to your land. They come with the exterior/roof finished, but the interior is up to you. Your personal asceticism modulates the cost. My shower is actuated by a ball val…

Any chance you can pass along that Mennonite builder info and/or provide some pictures of the finished product (but before you did anything to it)? Just curious, as I'm always looking at alternative living arrangements.

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

#209
post #46

I respectfully must disagree with all of the claims here regarding zenni and costco, unpopular as it may be. They are only comparable at the low end but have no matching product at the high end. I bought a pair of glasses at costco for $200 as a backup to my daily rimless wearers. First, costco and zenni don’t have any rimless options. Second, the lenses I did buy ( partial frame) were their lightest but still signif…

>my budget (read: insurance) I wonder to what extent the presence of insurance in the mix has made things worse. Markets never work particularly well when the entity paying and the entity choosing the product aren't the same. Textbooks (vs normal books) come to mind as an obvious example of this.

Luxottica also owns the ‘insurance’ provider EyeMed.
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