Why Your Optical Dispensary Struggling to Make Profit? - PowerPoint PPT Presentation

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Why Your Optical Dispensary Struggling to Make Profit?

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Medical offices treat patients, but they’re also businesses. Just like other businesses, they need revenue to operate and expand. Practices might be wondering how to increase sales in opticians and optical dispensaries if they’re struggling to sell eyeglasses, contact lenses, and related products. While there are factors that could hurt profits, there are also ways to address them. Some profit-related problems and solutions follow. – PowerPoint PPT presentation

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Title: Why Your Optical Dispensary Struggling to Make Profit?


1
Why Your Optical Dispensary Struggling to Make
Profit? Medical offices treat patients, but
theyre also businesses. Just like other
businesses, they need revenue to operate and
expand. Practices might be wondering how to
increase sales in opticians and optical
dispensaries if theyre struggling to sell
eyeglasses, contact lenses, and related
products. While there are factors that could
hurt profits, there are also ways to address
them. Some profit-related problems and solutions
follow. Fierce competition There are many
optical services now competing for peoples
eyewear dollars. Your patients may have your
practices optical services at their disposal,
but they also have so much more. Many have a
variety of brick-and-mortar establishments that
offer a selection of eyeglass frames and lenses,
sometimes claiming that they could create a
complete pair of glasses in one hour or
under. As with so many products, eyeglasses and
contact lenses are also being sold in large
numbers over the internet. Like their physical
optical counterparts, these digital retailers are
featuring promotions and financial incentives
intended to entice people away from medical
practices eyecare services. Just because
something might be more inexpensive or more
convenient doesnt make it better, however.
Customers have had optical outlet complaints and
have criticized online retailers, saying that
their new eyeglasses dont fit and work in ways
they should. Since you offer eye care in
addition to eyewear, tout this expertise. Remind
patients that your training and experience could
help them find eyewear that works and feels just
as good as it looks. Maybe itll even help them
look fierce. Pricing and inventory
mistakes Since your patients may be considering
optical customer services based on their prices,
maybe you should too.
2
Eyewear comes in many times and price points.
While you might consider offering pricier
eyeglass frames to drive your profits, if no one
buys them, youre not making any profit at
all. It might be better to offer only a few
pricier eyeglass frames, lenses, and accessories.
Instead, concentrate on offering larger numbers
and varieties of low-priced or mid-priced
products. Also consider your clientele. If most
of your patients work in industrial occupations,
it might be wise to feature more durable eyeglass
options or work goggles. If you have a young
patient pool, stock up on frames that are more
suitable for children and young people. Such
selections indicate that youre keeping your
patients and their needs in mind. If they feel
like youre understanding and seeing them,
theyll be more likely to stay as patients and
business clients. They may even recommend your
eye care and optical product assistance to
others. Lack of patient understanding Letting
your patients know that you understand them is
vital. Without this understanding, you could not
only lose their optical business profits, but
lose them entirely as patients. Understanding
patients takes work, but its work that pays big
dividends. For example, you might want to ask for
patient feedback. To gather this feedback, you
could create online forms on your website or hand
out postcards with prepaid postage at your
office. On patient questionnaires, you could ask
them what youre doing right, what theyd like
you to improve, and if theres anything specific
that you should do to satisfy their eye care and
eyewear needs. With such feedback, youll be
better able to gauge what patients really think
about you and whether your practice truly works
for them. Communication difficulties Gathering
patient feedback requires communication. If your
practice doesnt communicate well, it doesnt
function well. Good communication could come in
the form of anonymous online or print
questionnaires.
3
Consider using your practice management software
and electronic health record (EHR) systems to
learn more about patients, keep in contact with
them, and strengthen your optical business. You
could send them period email newsletters, say
once every six weeks or so, with tips about eye
health. These newsletters, and other patient-
centered materials, could prominently include
ways they could contact you to discuss their
concerns or ask questions. Communication is also
as simple as talking with your clients during
their exams. A short conversation could teach so
much about your patients and how they
feel. Unsatisfactory customer service Failing
to communicate could lead to poor customer
service. If your patients visited your optical
services, but encountered rude or unknowledgeable
staff, theyd probably be reluctant to visit
again. Even worse, they might share their
experiences with others who would then be
reluctant to buy eyeglasses or contact lenses
from you. Like other aspects of patient care,
customer service involves listening to what
patients say and responding to what youve
heard. Answering questions might be a big part
of this equation. Although you and your staff
members might not know how to respond, its okay
to admit that. In fact, admitting that could be a
good way to connect with your patients and
customers. You could agree that eye care and
eyewear are complex, but you and your staff will
do your utmost to simplify matters. Poor sales
tactics Selling eyeglasses and contact lenses
could also be simplified. Are you uncomfortable
selling your vision products and havent promoted
them? Youre not alone. Many eye care
professionals are. Promoting your optical
services doesnt need to be an in-person
endeavour. When you remind patients to schedule
their appointments by phone or my computer, you
could mention your eyewear practice in these
reminder messages. You could also mention your
optical offerings online. Consider creating a
separate website for your optical services and
link this page to your main practice pages. On
your optical site, you could display the types of
4
eyeglasses and contacts you sell, tips for
picking the right frames, and tools that allow
people to download their photographs so they can
see what they look like wearing certain styles
of eyeglasses. Depending on your preferences,
you could allow people to buy products online,
encourage them to make an appointment for
in-person assistance, or both. Online optical
services illustrate how many fields, even
medicine, are becoming increasingly digital. By
offering electronic assistance, you could improve
patient care, run your practice more efficiently,
and even boost your profits. For additional
electronic assistance, contact us. Our digital
tools could help you find ways to boost your eye
care practice and its profits.
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