Everyone out there with impaired vision knows that purchasing a high-quality, branded, and stylish eyewear costs a lot of money. Even though you’ll find an array of glasses with distinctive designs and price ranges, but most of them are usually quite expensive.
According to the Los Angeles Times, the average price of a frame for glasses is almost $231. The cost of the materials used for manufacturing the lenses is only $10, which clearly indicates that customers usually pay 10 to 20 times more than the frames are actually worth.
Numerous inimitable brands like Michael Kors, DKNY, Versace, Ray-Ban, and Burberry, are known to craft some of the most expensive eyewear in the market. Though the quality and design of the glasses are exceptional, the price is still unacceptable for the majority of the consumers.
The question is: what makes this eyewear so expensive?
Well, the primary reason why these eye-glasses are so incredibly pricey is mainly that no one takes a stand to preclude the near- exploitative, $100 billion industry from brazenly battering the market power.
According to the different researches, the actual cost of the acetate frames is quite low, approximately $10. But the majority of the brands still opt for a more expensive and costly price range. Even though lenses are made with accuracy and precision, the materials used for its design are still cheaper than what they actually sell.
The bottom line: You’re disbursing a profit on the eyewear that would definitely make an opulent car dealer go red, with merchandising costs tolerating no relation to authenticity and veracity.
But as customers, we are usually willing to pay a lot more for the glasses. After all, they are quite functional, provide protection to our eyes, and brings sophistication and grace to our personality. So as long as we as customers are willing to pay for these glasses, renowned brands like Chanel, Luxottica and Versace are going to charge us as much as they want. So, this makes us partially at fault as well, since we are opting for the expensive glasses our self.
The question is;
Should we pay for these glasses?
Well, the answer is clearly NO.
Now, you might be thinking how to avoid so much for eyes-glasses, right? Well, here are three tips which will definitely help you out.
Don’t always go for Brand-name glasses:
You’ll pay a tremendous amount of money for the lenses which have a brand name punched on it. And brands which are known to charge you more take double advantage and you end up paying even more. While the majority of the people think that branded accessories are better in quality, hence the price, but that is not true. You can easily purchase off-branded glasses that are equal in quality and a lot more affordable.
Use the HSA to pay less:
If you want to purchase the glasses for a reasonable price, then there is a solution. You can contribute some amount of your income to the pre-tax funds to HSA or FSA. Then these funds can be used to pay for your glasses. The advantage here is that you can save almost 33% on the same lenses which could have been worth hundreds of dollars. Thus, if you are brand conscious as well, then this is the best way to avail the discount on the costly eyewear.
These are the two main tips which can save you some extra money. So, the next time you are thinking of purchasing the glasses, make sure you remember these tips.