Observing the thriving global beauty economy, there’s a noticeable resurgence of enthusiasm in both the contact lens and prescription glasses sectors. Colored lenses and stylish prescription glasses, fueled by K-pop culture and evolving aesthetic trends, are injecting fresh energy into the eyewear industry, propelling it to emerge as an animated and swiftly expanding segment of the worldwide beauty arena.
The allure of colored lenses transcends national borders, and mounting global curiosity fuels industry progression. This trend is illustrated in the rise of trailblazing platforms like Shoplazza, assisting brands in transcending their local confines and fostering a more interlinked global beauty network.
Shoplazza, a Software-as-a-Service platform, proves to be a crucial tool for businesses eager to make their mark internationally. Recognizing that overseas consumers often favor standalone websites for their stronger brand portrayal and operational autonomy, Shoplazza readily accommodates this demand. The platform particularly addresses the contact lens industry’s distinct needs, such as managing vast SKU ranges and various consumption scenarios, making it a compelling option for businesses in this sector.
While the focus has been on specific players, the broader global eyewear market continues to grow substantially. Expected revenue generation for 2023 ranges from US$33.65 billion in Canada to a significant US$33,830 million in the United States. Globally, the contact lens segment alone is expected to generate US$18.35 billion in 2023, with a projected compound annual growth rate (CAGR) of 4.31% from 2023 to 2027.
The expansion of this ‘eye value’ economy highlights Shoplazza’s role in escalating eyewear brands globally. The platform has skillfully guided brands in navigating unfamiliar markets and enhancing user experiences. As personalization and individuality become hallmarks of the beauty market, platforms like Shoplazza are instrumental in pushing the ‘eye value’ economy to achieve new feats.
Indeed, Shoplazza is revolutionizing the eyewear sector with its distinct and customer-focused solutions. By streamlining the online prescription glasses ordering process, the platform delivers a user-friendly interface enabling a tailored shopping experience. This customer-centric approach not only aids users in identifying the most suitable products but also considerably reduces the return rate.
Shoplazza has further optimized the online shopping experience, replicating the ease and familiarity of physical shopping, enabling a smooth transition for customers. The consistent user engagement and purchasing flow across various themes culminate in an optimized online store performance, enhancing the shopping experience and improving conversion rates at checkout.
Addressing critical challenges in the eyewear industry, Shoplazza sets a new standard for the online eyewear market, facilitating customer-friendly eyewear selection, ordering, and delivery, and streamlining inventory management for merchants.
Shoplazza serves as more than a digital solution for eyewear businesses; it’s a catalyst for change in the sector’s digital landscape. The platform’s success marks a broader digitalization trend in the eyewear industry. eCommerce growth rates are now surpassing those of traditional retail, pushing brands to prioritize their online presence.
Contact lenses, especially, have seen an uptick in popularity, stimulated by various factors, including aesthetic trends influenced by pop culture, broader lens options, and lens technology advancements. Platforms like Shoplazza, simplifying the buying process and enabling global reach for brands, have accelerated this growth.
Founded in 2019, moody is one of the leading colored contact lens brands that is committed to advancing technology and innovation in the eyewear and vision care sector. With moody’s business continuing to thrive, its main emphasis has shifted towards catering to increasingly personalized scenarios. This is precisely where Shoplazza has emerged as a pivotal player. At the end of 2022, moody started its partnership with Shoplazza and smoothly transitioned its branded official online store to the Shoplazza SaaS platform.
To meet moody’s specific needs, Shoplazza has tailored a shopping experience specifically designed for colored contact lenses. This innovative solution allows the purchase of different prescriptions for the left and right eyes in a single box. In order to enhance moody’s unique brand identity, Shoplazza has provided customized storefronts and a range of marketing tools. These enhancements effectively showcase the brand’s concept of comfort, color, and fun, thereby increasing brand awareness among the target audience.
moody’s senior manager has emphasized that the establishment of the eCommerce store enables direct engagement with the target audience. This approach not only effectively addresses market demand, but also facilitates the repurposing of campaigns for maximum impact.
Shoplazza’s transformative influence extends beyond commerce facilitation; it’s also nurturing community. Providing a digital space for brands to network, exchange insights, and collaborate, Shoplazza nurtures a sense of industry unity. This community spirit bolsters opportunities for emerging brands and strengthens the industry fabric.
The digital integration era has also underscored the growing significance of data analytics. Insights extracted from Shoplazza’s platform equip companies with a refined understanding of their clientele, enhancing their ability to adjust marketing strategies, optimize product lines, and improve customer experiences. With data at their fingertips, brands are better positioned to make informed decisions about product development, pricing, and market expansion.
Shoplazza’s role extends beyond just assisting businesses in establishing an online presence. It enables crucial functionalities like inventory management, payment gateway integration, and customer service in one comprehensive digital platform. This convenience and efficiency allow brands to concentrate on their primary mission: crafting and delivering innovative, high-quality products to cater to consumers’ ever-changing preferences.
The escalating popularity of colored lenses, driven by cultural shifts and lens technology advancements, plays a crucial role in the eyewear market’s sustained growth. Shoplazza empowers businesses to leverage this demand, simplifying the purchasing process for consumers and broadening the reach of brands, irrespective of their size or provenance.
Source: https://www.forbes.com/sites/shoplazza/2023/06/29/how-shoplazza-is-driving-growth-and-globalization-in-the-eyewear-industry/