Sticker shock: Why are glasses so expensive? [video]
cbsnews.com
cbsnews.com
I wonder how policies like the addition of FSA grace periods, and the brand new policy allowing rolling over up to $500 over to the following year's FSA plan [1], affect Luxxotica's bottom line. I imagine I can't be the only one who, through inaccurate forecasting of the upcoming year's expenses, had a bunch of cash left in my FSA account and decided to burn it on glasses.
[1] http://online.wsj.com/news/articles/SB1000142405270230384310...
When I bought the first pair years ago, there were no online alternatives, and I remain convinced that the brick-and-mortar spectacle vendors, along with the drive-in optometry practices with which they are often conjoined, are racketeers.
I received a pair of glasses with the lens half an inch thick. This is not an exaggeration. It was literally that thick. Return and refund? Sorry, no, when you place the order you agree that you are NOT entitled to a refund under any circumstances, merely a replacement.
After a bit of back and forth, I sent the pair back and they blamed it on the design of the frame. Ok. I told them to pick a frame where I would get a normal sized lens. So they sent me the new pair, this time it was slightly thinner, but not by much. Now there's a racket. Wasted $250 on a pair of clown glasses with no recourse.
I got a pair at my local Pearle Vision for the same price and the lens was perfectly normal and thin. Never again.
I got two pairs of prescription sunglasses from firmoo [1] for about $25 during a promotion. I am currently considering buying a new pair from a different merchant at a regular price of $30-$40 depending on frames, perhaps double that if I spring for polarizing lenses.
Dropping $250 for prescription sunglasses seems extremely expensive, unless you chose and value branded designer frames.
A comparable pair at SelectSpecs [1] cost $54.33, of which $40.75 was for the 1.67 index option.
Seems like eyeglass stores make the bulk of their revenues (unsurprisingly) from lens customisations these days.
OpticsPlanet.com
> Did that price include designer frames?
Yes. Ray-ban.
> unless you chose and value branded designer frames.
Bingo.
No, you don't always have recourse. If you entered into an agreement with the merchant that the transaction is non-refundable, then no, you don't.
And you can't order glasses with them unless you do.
I'm not claiming that I didn't get anything. Just that I didn't like what I got. And they, of course, will claim that they can't resell what they made for me since it has my prescription in it.
> You could have disputed the charges.
I did.
> Even before you dispute, you could tell the merchant you are likely to dispute.
I did. I didn't go into the details, but there was a bit of drama before they even agreed to a second pair.
edit: typo
You could have taken that frame that you liked and went to a local merchant to purchase new lenses for. That's what I would do even if I purchased the frames online, I'd get the prescription lens done elsewhere.
I have insurance with a vision plan, however when I bought glasses from Zenni I used an old prescription from 8 years ago. My vision hasn't changed significantly in my adult life. I do still go for an eye exam every couple of years, mainly to keep an eye out for glaucoma, which may run in my family a bit.
The last time I got my eyes checked, I went to a Lens Crafters type store that was having a special for an eye exam and 2 pairs of glasses for $99. Of course they tried to upsell me on the lenses and frames, which got expensive quickly, but I declined and just got the bare minimum. Then I bought a pair of glasses with a nicer lens material online at Zenni. So now I have a few pairs of backup glasses, which is very nice.
The pricing for extras is also much better. The brand name dynamic tinting cost one third at Zenni what the local glasses shop wanted.
But that's only for a very small portion of the population. "People who barely need glasses", as I call them. My contacts prescription was 9.5 and after I got poly carbonate lenses and a little tint and some anti-glare coating and scratch protection I'd be looking at $400. A friend of mine who had toric lenses spent over $550.
I kind of wonder how much the insurance companies get charged for the $99 glasses.
Granted, "order new glasses" has been on my todo list for a while, and I haven't quite gotten around to it. I hope when I finally get around to it, Zenni isn't too busy due to this article :P
This time around, it was a lot easier. The ladies there picked a bunch of frames they thought would look good on me, and had me try them on. I had both pairs picked within 30 minutes. On Coastal Contacts, I took almost a week to finally decide on a pair. Is it worth the vast difference in price? Debatable. I do like these glasses, they look a lot better. But overall, the experience was better. I'd probably do it again, but only because I can afford it. I do understand that spending ~$300 for glasses is untenable for many folks, and the online shops do a great job of fulfilling that need.
That being said, I watched this whole video, and I think that the Luxottica brand is amazing. Here's a scrappy little shop in the Italian Alps that went from a small factory in the 60s to having over $9bil in sales last year in 50+ years. Not only do they own and make several eyewear brands, they own retail stores, and they even own an insurance provider.
You can lament their monopoly all you want, but I think they're an excellent example of what hard work and tenacity can produce. Since many of us are aspiring founders, we can only hope to achieve such market dominance.
Also, that CEO handled that interview extremely well.
When I did have an issue, the return process was pretty tedious and annoying, so I usually just ended up eating the cost and dropping the glasses in a donation bin.
After a few years, I probably ended up spending roughly the same as if I'd gone to a local shop with the advantage of having spare glasses with the correct prescription for the first time in my life.
Recently tried Warby Parker and although they seem extravagantly priced ($95/$120) compared to the others, the quality of the frames were noticeably better and the customer service in a completely different universe. I had to return my first pair from them since the frames ended up being narrower than I expected/gave me headaches and the exchange process was incredibly quick and painless.
I will say, for anyone thinking about ordering glasses online, try your best to get your pupiary distance measured by a professional. It's not easy to get opticians to do anymore, since they know you are going to buy your glasses online but it's a difficult measurement to get yourself and being off by just a few mm can cause headaches.
[edit - got the price of WP high index lenses wrong]
Also if you notice that your eyes aren't centered vertically in the frames, that can mean the optical center is off which can lead to headaches.
I also think I have gotten some lenses that were off either with blurry spots or the focal point not being in the right place. That happens with glasses from brick and mortar vendors as well. I don't think the industry standards are very high and if you complain you can't really prove anything.
Sound on webpages is evil, unless I ask for it first.
I remember the line back in those days: "If I wanted your web site to make noise, I'd lick my finger and rub it across the screen."
Oddly anachronistic since monitors don't use that kind of glass anymore.
These days, the economy of Korea has picked up enough that a pair of glasses there runs about what it costs here in the U.S. at Costco. The selection they have at Costco isn't quite as good or as stylish, but if you look in the "so expensive we keep these frame under glass in the counter" they usually have some top of the line frames for around $100. It's not 1 hour, you have to wait about a week for them to get made, but they've always come back perfect.
I've also recommended them to several family members and friends. We've each had really good experiences so far.
Are the law so lax in northern Italy? At what point does the EU step in?
-What you're likely to hear from the salesman