Optometry Profits Revealed with Peter Precht

Mark Clark – Insights into Online Optical Retail

November 16, 2023 Peter Precht Season 1 Episode 1
Mark Clark – Insights into Online Optical Retail
Optometry Profits Revealed with Peter Precht
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Optometry Profits Revealed with Peter Precht
Mark Clark – Insights into Online Optical Retail
Nov 16, 2023 Season 1 Episode 1
Peter Precht

Mark Clark is a marketing professional with a passion for understanding consumer behavior and purchasing decisions. He has a keen understanding of the health care industry and the role of women as the primary decision makers for health-related purchases in households. Mark's insights into consumer behavior have led him to challenge traditional capture rate measurements, believing that a significant percentage of sales are not being accounted for. His deep understanding of consumer behavior and the health care market has made him a valuable asset in the industry.

Mark and I take a deep dive into the changing landscape of optometry and e-commerce, starting with a critical look at outdated capture rate statistics and the remarkable case of Warby Parker's e-commerce sales rise. Expect to uncover fresh insights on consumer behavior trends, as we expose how the key to revamping your practice could lie in understanding and leveraging modern customer behaviors - particularly those of women, who typically make the health decisions in most households.

Tune in as we explore Vision Council data that highlights convenience as the principal driver of consumer choices for optical products. We also share fascinating perspectives on the powerful role of fitting kits and Virtual Try-Ons (VTOs) in mitigating return rates for major online sellers. Together, we obliterate the myth that online shopping is all about price, and instead highlight the ever-present factor of convenience. Join us to envision the future of optometry practices in this digital age, and learn how to make your time more valuable through effective customer-collaborations.

Three Key Takeaways
1. Traditional capture rate measurements may not provide a comprehensive view of optometric sales, prompting a need for a broader understanding of consumer behavior and purchasing patterns.

2. Convenience holds increasing influence over price in consumer decision-making, signaling opportunities for personalized, white glove services in the optometry industry.

3. Leveraging technology, such as icclearly.com, offers potential for opticians to enhance patient experience and drive profitability in the rapidly evolving optometric landscape.


Connect with Mark: https://ochovision.com

Timestamps
00:00 Questioning relevance of outdated capture rate statistic.

05:42 Women are key in healthcare decision making.

06:46 Remote frame styling boosts patient satisfaction, sales.

10:31 Convenience and meeting people where they're at.

13:35 Optical fashion blends with medical in business.

19:14 Individualized convenience, blending safety and style.

20:31 Ethical issues with on-site fit for work.

23:30 Appreciation for tuning in, free consultation offered

Talk with Peter Precht: www.eyecclearly.com

Show Notes

Mark Clark is a marketing professional with a passion for understanding consumer behavior and purchasing decisions. He has a keen understanding of the health care industry and the role of women as the primary decision makers for health-related purchases in households. Mark's insights into consumer behavior have led him to challenge traditional capture rate measurements, believing that a significant percentage of sales are not being accounted for. His deep understanding of consumer behavior and the health care market has made him a valuable asset in the industry.

Mark and I take a deep dive into the changing landscape of optometry and e-commerce, starting with a critical look at outdated capture rate statistics and the remarkable case of Warby Parker's e-commerce sales rise. Expect to uncover fresh insights on consumer behavior trends, as we expose how the key to revamping your practice could lie in understanding and leveraging modern customer behaviors - particularly those of women, who typically make the health decisions in most households.

Tune in as we explore Vision Council data that highlights convenience as the principal driver of consumer choices for optical products. We also share fascinating perspectives on the powerful role of fitting kits and Virtual Try-Ons (VTOs) in mitigating return rates for major online sellers. Together, we obliterate the myth that online shopping is all about price, and instead highlight the ever-present factor of convenience. Join us to envision the future of optometry practices in this digital age, and learn how to make your time more valuable through effective customer-collaborations.

Three Key Takeaways
1. Traditional capture rate measurements may not provide a comprehensive view of optometric sales, prompting a need for a broader understanding of consumer behavior and purchasing patterns.

2. Convenience holds increasing influence over price in consumer decision-making, signaling opportunities for personalized, white glove services in the optometry industry.

3. Leveraging technology, such as icclearly.com, offers potential for opticians to enhance patient experience and drive profitability in the rapidly evolving optometric landscape.


Connect with Mark: https://ochovision.com

Timestamps
00:00 Questioning relevance of outdated capture rate statistic.

05:42 Women are key in healthcare decision making.

06:46 Remote frame styling boosts patient satisfaction, sales.

10:31 Convenience and meeting people where they're at.

13:35 Optical fashion blends with medical in business.

19:14 Individualized convenience, blending safety and style.

20:31 Ethical issues with on-site fit for work.

23:30 Appreciation for tuning in, free consultation offered

Talk with Peter Precht: www.eyecclearly.com