How Warby Parker Disrupted Then Adopted Brick-And-Mortar Retail | WSJ The Economics Of

[@rudalsxv]

Wait for Luxottica to swoop in and buy this company…back to their monopoly on the market.

[@ajs11201]

I hope not....

[@rajat.kashyap1]

Luxottica tried and failed. That’s why they are still in business and flourishing!

[@ProMakeupTV]

that's why they are doing a private stock option I think the founders really hate luxottica

[@EvanBoyar]

It's unfortunate this video didn't address how much cheaper other online glasses retailers are than them. For example, I have some prescription glasses that cost about $7.

[@severedyakhead9702]

From where?

[@HighHopesAndDreamsWill]

How

[@vitreoushumor]

Friendly eyedoc here! You can only get them that cheap when they are made in China without meeting ANSI spec. You get what you pay for

[@ProMakeupTV]

yea for readers lol

[@davec8921]

IMHO if you're still losing 56M on 394M in sales more than a decade later you've only half way made it to success. It's interesting, and worth keeping an eye on, but not the most amazing thing ever.

[@vikrantkulkarni1241]

In India, the experience we are able to deliver to the customers in 'in store shopping' is of higher standard then Online players such as Lenskart.

[@Wen-ss1nf]

No matter what. Their frames are pretty cool.

[@devgoswami1001]

I believe Zenni disrupted the online glass market place way before Warby Parker did... I just ordered my first pair and will make a review video comparing it to the other well known online retailers soon

[@wolfsoto]

Warby Parker's mission: Every idea starts with a problem. Ours was simple: Glasses are too expensive. Our founders were students when one of them lost his glasses on a backpacking trip. The cost of replacing them was so high that he spent the first semester of grad school without them, squinting and complaining. (We don't recommend this.) The others had similar experiences and were amazed at how hard it was to find a pair of great frames that didn't leave their wallets bare. Where were the options? It turns out there's a simple explanation. The eyewear industry is dominated by a single company that has been able to keep prices artificially high while reaping huge profits from consumers who have no other options. . So charging $500.00 for one pair prescription glasses help the cause, really??

[@parker2969]

All I’ve got to say about Warby Parker is a little bit of regret buying their stock right now

[@Gem-In_Eye]

Same to same as Lenskart in India. Just like Redmi & Mi mobiles but in Eyeglasses. Quite Interesting 🤔

[@barcelonachair6487]

I buy from my local optometrist . I want to support my local economy, eye doctors where I live do not make a lot and he is really great guy.

[@OilBaron]

I thought I was clicking on the Econ of War by Parker.

[@rogerma7831]

If they lose money, their business model is not disrupting anything since it is not sustainable

[@oracleoptix]

I love working for a company like Warby Parker - of which I still am and have been for now nearly 5 years. And I can't wait to see where the world of eyeglasses, sunglasses and contacts takes our company. 👓🕶️

[@KennethFox]

You mean, owned by Luxottica? Because that's what will happen if they don't stay private.

[@jamuojisan]

No business needs eyeballs like this one.

[@alparslankorkmaz2964]

Nice video.

[@mrv4804]

Ok, first watcher from indonesia

[@fenilparekh452]

$95 USD isn't cheap.

[@sushanthkumar800]

My cousin used most of them in us. Said lenscart is way better than any of them and wayy cheep than them.

[@YevhenZahnitko]

Дуже цікаво! Дякую!

[@HighHopesAndDreamsWill]

Fascinating

[@namle4154]

the video image is too poor, you need to fix it more

[@i_read_bad_reviews]

They are a company that will lose money now to hopefully gain a later sale and hopefully a lifetime customer. I’ve had excellent customer service from them.

[@NISHUGARVU]

😂😂😂😂 Luxotica is a monopoly in eyewear You really think it takes 95$ to make a spectacle 🤣🤣

[@ajs11201]

Luxottica doesn't own Warby Parker.

[@jamuojisan]

I suspect they open offline store to convince the investors that they can be as profitable as other offline stores, since their online business has yet been profitable.

[@rajukep6599]

Something similar in india is lenskart.

[@jim5128]

Never heard of them until now and $90+ for frames is still a rip off. They cost little money to manufacturer.

[@TearsInReign]

Tbf, it is frame and lenses (for single vision at least). For comparison, I was quoted for frames + ultra high index lenses at a chain eyeglass store for $350 after insurance. Warby Parker was $120 after insurance (the $25 over the $95 was the difference I paid for the high index lenses only.

[@drag-ha]

love this company

[@gyulmugae]

I want to buy it too Hope they lunch online page in Korea

[@riswank]

This is what lenskart doing in india.. intresting🤔🤔

[@AlexpxThreeTen]

I don’t wear glasses so I wouldn’t know but $95 seems like a lot.

[@braden_tmoore]

on average the old school way, of buying frames of some type of brand and having your prescription lenses put in. normally costs $300-800

[@braden_tmoore]

just frames alone often are more than $150

[@solarmoth4628]

It kind of is, I use eye buy direct or zenni optical. It’s like warby parker for poor people.

[@Marcalypto]

So, is Zenni the Warby Parker of eyewear?

[@auro1986]

how many factories warby parker has in china?

[@iwearleatherjackets1]

I’ll do anything to avoid Luxottica.

[@pgreenx]

They lose about $100 million every yr. No profits

[@dw3508]

"hey look at me go! I'm the *'dumbest name ever'* of 'x' profession!!" -no one ever

[@cesarordaz139]

There is absolutely nothing interesting about this company. Their doing nothing unique. I don’t know how this company went public.

[@PaulHo]

This host/narrator is so cute! 🥺

[@MatthewMoscotto]

Warby Parker is actually losing money due to all the stores they are opening. I'm pretty sure they will sell the business within the next 5 years.

[@ac-uk6hs]

Why does this lady talk in staccato and and every statement like it's a question? You couldn't find someone better than this. I have a feeling Wall Street journal just wasting my time when they put people like this as your experts

[@FinancialShinanigan]

Easy business model to replicate, avoid it when it IPOs.

[@aravearave]

lol its all cheap glasses for 10dollars sold for 10-20x of the price.

[@zylianari8556]

Never been this early in a YT video lol

[@stephendaparma0915]

🥸😎🤓

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