Maximize Lens Choice to Elevate Optical Profitability
The Impact of Vision Care Plans on Practice Revenue In the current optometry market, the proliferation of vision care plans represents a significant share of our patient demographic. This shift places greater emphasis on the strategic selection of lenses in your optical to ensure financial health. As inflation drives up overhead costs, managed vision care […]
PiP Frame Strategy: Balancing Profitability and Signature Style while ‘Only pay for what you need’
Like Liberty Mutual says in their commercial “Only pay for what you need.” PiP has applied that strategy to managing your frame inventory. In the ever-evolving world of eyewear fashion, finding the perfect balance between a recognizable name brand and stylish yet profitable options is key. This delicate equilibrium is beautifully exemplified by the trend-setting […]
Innovation Fueling 18% COGS
Innovators love ideas and innovative optometrist love metrics, especially metrics that prove creative endeavors rewarding. One doctor, a fellow member of Partners In Profit (PIP), recently said: “I looked at our numbers and I was shocked. Our COGS were at 18%. 18%! We’ve never seen those kinds of numbers.” Those kinds of numbers are only possible […]