Industry Analysis & Industry Trends
The Online Eyeglasses and Contact Lens Sales industry will experience continued growth over the next five years, after revenue soared during the past five years. Favorable economic conditions and the rising popularity of online shopping will bolster demand, as consumers increasingly value convenience and low prices. Nevertheless, intense internal and external competition will continue to threaten the industry's overall growth.... purchase to read more
Industry Report - Industry Investment Chapter
The Online Eyeglasses and Contact Lens Sales industry exhibits a high level of capital intensity. In 2014, for every dollar spent on wages, the industry incurs an estimated $0.66 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