Industry Analysis & Industry Trends
The Online Eyeglasses and Contact Lens Sales industry has benefited from more consumers purchasing eyewear products from online retailers, rather than brick-and-mortar stores. Furthermore, the burgeoning elderly population has provided a boon to the industry. However, in the next five years, the industry will endure rising external competition, slowing industry growth. Nevertheless, many online retailers will expand their software that enables consumers to virtually try on products or try on frames at home, boosting demand for industry services.... purchase to read more
Industry Report - Industry Investment Chapter
The Online Eyeglasses and Contact Lens Sales industry exhibits a moderate level of capital intensity. In 2015, for every dollar spent on wages, the industry incurs an estimated $0.28 in capital expenditures. Capital-related costs include warehouse space, computer equipment and distribution expenditures. Additionally, online eyeglasses and contact lens retailers have capital costs from purchasing a domain name and a website hosting provider. To maintain their websites and protect consumers from fraud, online retailers need to purchase and maintain computers, printers, software programs, such as electronic payment programs and firewalls.
Comparatively, wage costs include hiring contracted website designers... purchase to read more