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> How do Spectacle shop survive?

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SUSadvocado
post Nov 18 2012, 02:03 AM, updated 14y ago

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People normally change specs once a year some even more, sunglass maybe change even more.

But many times i see Spectacle shops opening in really remote place, or shopping center area where not many people passby, usually i see only the staff are in the shops, Spectacle shop is not like IT shop can focus on online sales and needs walk in business, so i'm wondering how these shops actually survive?

The profit margin may be high for the frame & lens but without sufficient sales still how they cover the rental, salaries & utility bills?

I'm talking about those smaller individual shops not big shops that open in prime locations like Paris Miki, Focus Point, England Optical.

I don't think people who launder money would bother opening spectacle shops so how they survive with such little customer flow?
transhumanist92
post Nov 18 2012, 02:08 AM

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spectacle frame are very cheap like RM30 a piece for any brand, but they sell that for hundreds of bucks, so that's how they survive despite lower demand
SUSLuckyDucky
post Nov 18 2012, 02:08 AM

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-profit margin is high for specs & lens
- return regular customers
- contact lens
- accessories

SUSXabrius
post Nov 18 2012, 02:12 AM

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Main source income of from the sales of frame and contact lenses..
myva
post Nov 18 2012, 02:12 AM

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i in seberang jaya shop ,trusted shop ,

he nvr simply mark up the power like in bagan woman shop. (my sister spec andn lens easily 600-800 from the bagan shop.

the thing is i replace one lens on right , the wife put screw on the right , and slipped make my left lens calar ,

my father tell dont make a fuss , replaced a left side with no power rm50 (empty 0 degree lens one side for rm50?).


now a day everyone a gadget freak , gaming and high computer usage.

until kids all in primary school already need specs.

u think is bad business ?

This post has been edited by myva: Nov 18 2012, 02:17 AM
SUSadvocado
post Nov 18 2012, 02:16 AM

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But everytime i passby those shop no customers one, not including those in prime shopping malls la, like very remote or secluded areas for example Scotts garden 2nd floor, that area hardly got shoppers walk around. Expenses should be at least 7k a month so how they sell so many specs/contacts to even cover the cost?

And if the margin is really that high, cost rm30 sell few hundred then other shops will be competitive already especially online private sellers.

This post has been edited by advocado: Nov 18 2012, 02:17 AM
SUSLingLingFat
post Nov 18 2012, 02:17 AM

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go pasar malam, find gooding frame, bring to optical shop buy lens & ask 'em to fit the lenses.
SUSadvocado
post Nov 18 2012, 02:18 AM

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What you trying to say? Ur answer got nothing to do with the topic le...

QUOTE(LingLingFat @ Nov 18 2012, 02:17 AM)
go pasar malam, find gooding frame, bring to optical shop buy lens & ask 'em to fit the lenses.
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buysellaccount
post Nov 18 2012, 02:19 AM

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there's a row of shophouses in ipoh, 6 different optical shops on the same row since many years ago and it's not on a busy street.

money launder one i think.
myva
post Nov 18 2012, 02:20 AM

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a spectacle shop that can hire 3-4 people work 6 days full time ,

i dont think is bad business
SUSLingLingFat
post Nov 18 2012, 02:24 AM

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QUOTE(advocado @ Nov 18 2012, 02:18 AM)
What you trying to say? Ur answer got nothing to do with the topic le...
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owh nth, juz saying. u can get some pretty nice frames @ pasar malam. will work with
legit lenses too. no need spend much on branded stuff.
matiko95
post Nov 18 2012, 02:26 AM

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QUOTE(advocado @ Nov 18 2012, 02:03 AM)
People normally change specs once a year some even more, sunglass maybe change even more.

But many times i see Spectacle shops opening in really remote place, or shopping center area where not many people passby, usually i see only the staff are in the shops, Spectacle shop is not like IT shop can focus on online sales and needs walk in business, so i'm wondering how these shops actually survive?

The profit margin may be high for the frame & lens but without sufficient sales still how they cover the rental, salaries & utility bills?

I'm talking about those smaller individual shops not big shops that open in prime locations like Paris Miki, Focus Point, England Optical.

I don't think people who launder money would bother opening spectacle shops so how they survive with such little customer flow?
*
working with mafia?

hell would i know...
the next thing is to ask ur business lecturer what is bargain and demand section
and dont sleep in a class pls..

SUSadvocado
post Nov 18 2012, 02:26 AM

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OK but i'm not asking about how to get cheap specs. Pasar malam fram not long lasting one. Sometimes bengkok somemore.

QUOTE(LingLingFat @ Nov 18 2012, 02:24 AM)
owh nth, juz saying. u can get some pretty nice frames @ pasar malam. will work with
legit lenses too. no need spend much on branded stuff.
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SUSadvocado
post Nov 18 2012, 02:27 AM

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if you don't know don't need to answer. thx.


QUOTE(matiko95 @ Nov 18 2012, 02:26 AM)
working with mafia?

hell would i know...
the next thing is to ask ur business lecturer what is bargain and demand section
and dont sleep in a class pls..
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matiko95
post Nov 18 2012, 02:30 AM

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QUOTE(advocado @ Nov 18 2012, 02:27 AM)
if you don't know don't need to answer. thx.
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dang one cant take critics ...

SUSadvocado
post Nov 18 2012, 02:36 AM

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u wanna explain explain properly, dun simply say pple sleep in class. u think everybody study business, or have the chance to go to college meh?

supply demand, if the shop whole day only few people walk pass how they get good business? somemore secluded new shopping malls got old customers meh? just wondering cannot be money laundry coz laundry usually do those ah beng business one.



QUOTE(matiko95 @ Nov 18 2012, 02:30 AM)
dang one cant take critics ...
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infernoaswen
post Nov 18 2012, 02:36 AM

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i work in spectacle shop before & to tell you the truth, they actually earns more than what people think.

earn from:
-returning customers
-contact lens, solution, etc
-sunglasses

but most importantly is from the lenses & frame that they sell. The price for the frame is actually 2-3x more than the original price & yes that is just the frame. Havent include the profit they make from the lens. Some more there are customers who change their frame like every month..must be some richfag or something but he returned to the shop many times & change spectacle so my boss earn like that lor, but of course returning customers reduce the price so that he come again...

I saw the book where my boss record the price for each frames & from the sales i can say the profit margin is very high. So yeah...they can survive but if new business its harder la coz not much returning customers....like the shop i worked before is very old so many trusted old customers go back....i know coz he keep the customers record details & everytime i need to go dig up...so mafan doh.gif
matiko95
post Nov 18 2012, 02:37 AM

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QUOTE(advocado @ Nov 18 2012, 02:36 AM)
u wanna explain explain properly, dun simply say pple sleep in class. u think everybody study business, or have the chance to go to college meh?

supply demand, if the shop whole day only few people walk pass how they get good business? somemore secluded new shopping malls got old customers meh? just wondering cannot be money laundry coz laundry usually do those ah beng business one.
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thats why, what u do when u got no customer? i dont take business..
but i always seen and follow business...

u got talent in business, why dont u do it?

Hunakadoo
post Nov 18 2012, 02:48 AM

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woow..please don't come and snatch my bowl weh
Luftwacko
post Nov 18 2012, 02:50 AM

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QUOTE(infernoaswen @ Nov 18 2012, 02:36 AM)
i work in spectacle shop before & to tell you the truth, they actually earns more than what people think.

earn from:
-returning customers
-contact lens, solution, etc
-sunglasses

but most importantly is from the lenses & frame that they sell. The price for the frame is actually 2-3x more than the original price & yes that is just the frame. Havent include the profit they make from the lens. Some more there are customers who change their frame like every month..must be some richfag or something but he returned to the shop many times & change spectacle so my boss earn like that lor, but of course returning customers reduce the price so that he come again...

I saw the book where my boss record the price for each frames & from the sales i can say the profit margin is very high. So yeah...they can survive but if new business its harder la coz not much returning customers....like the shop i worked before is very old so many trusted old customers go back....i know coz he keep the customers record details & everytime i need to go dig up...so mafan  doh.gif
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