Tariffs Loom over the Optical Industry

In this episode we will examine this new world of tariffs that are having a direct and indirect effect on us as business owners as well as our customers. There is a ripping effect as well as a trickle down impact that needs to be understood. To close your eyes and ears and hope for the best is not a call to action. We need to be knowledgeable of what we can and cannot control, and begin to take actionable steps to protect our bottom line.

(00:00)    Introduction 

(01:22)     Definition of a Tariff 

(02:27)    Positive impact of Tariffs

(04:11)     Negative impact of Tariffs 

(05:56)   Tariffs affect the Optical Business

(07:02)   How Optical can Adapt to Tariffs 

(09:14)   Tariffs influence Customer Buying Behaviour 

(10:06)   Tariffs create Personal Challenges 

(12:06)   Consumers adapt to Economic Challenges 

(13:36)   Call to Action

(14:10)   Conclusion 

REVENUE RX is a winning prescription for optical store owners, where the focus is on making more money!” We uncover new ideas and useful insights as we explore OPTICAL STORE WINS! The podcast is for eye care professionals (ECP) who want to grow and build their business but don’t know where to start, have run out of ideas & don’t have the time. I encourage you to visit my website and leave me an email or questions regarding this episode or any other episode. Don't forget to subscribe! If you want personal one-on-one coaching or consulting please reach out below and receive a FREE strategic business review or take an assessment and get your practice growth score.

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