Lenskart started out as an online player, with customer satisfaction at the heart of its business, but after gaining customer trust online, the brand went after the large segment of consumers offline, branching out into the traditional brick-and-mortar format…
The Indian eyewear market is largely unorganised, dominated by mom-and-pop stores, with only a handful of big brands vying for consumer attention. We, at Lenskart, capitalised on this gap in the eyewear market and introduced a brand with a vision to provide affordable quality eyewear to consumers at the ease of a few clicks – and now bricks.
Growth Story: From Online Success to Offline Triumph
We founded the brand in 2010, and we started off by selling just contact lenses. A couple of months later, spectacles / eyeglasses were included and in March 2011, we added sunglasses to the collection. Winning consumer trust was one of the biggest challenges we faced as an online player, but over the years we have gained that trust and have managed to convert our biggest challenge into our unique selling proposition.
Lenskart started out as an online player, with customer satisfaction at the heart of its business, but after gaining customer trust online, the brand went after the large segment of consumers offline, branching out into the traditional brick-and-mortar format.
Going offline significantly increased accessibility to the brand. We did a small experiment in 2014 by opening a store at Delhi and customers loved the experience. Our stores are unique in the sense that we don’t sell in the store, but only take orders. Essentially, by opening stores, we are solving the problem of ‘trying before buying’.
This story is from the May 2018 edition of Images Retail.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 2018 edition of Images Retail.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Leading The AI Revolution In Retail
As a leader in AI-driven retail intelligence, Sadique Ahmed, CEO, Pathfinder, understands the power of technology when it comes to improving and personalising the shopping experience for all.
Flipkart Deployed Over 10,000 Electric Vehicles in the Delivery Fleet
E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years.
Trent Q2 Profit Grows 47% to 335 Cr
Tata Group retail firm Trent Ltd. reported a 46.9% growth in its consolidated net profit to ₹335.06 crore for the second quarter ended September 2024.
Zomato, Swiggy Hike Platform Fee in Certain Cities Amid Festive Season
Online food delivery platforms Zomato and Swiggy hiked platform fees in certain cities amid the festive season. The two rivals are now charging ₹10 as a platform fee in the national capital.
The Evolution of Retail in North India
Emerging Hotspots, the Rise of Malls, and the Impact of the Residential Property Boom on the Region’s Retail Landscape
Madan Retail: Fashion for Today's Man
With a rich legacy and a keen eye on future trends, the brand continues to innovate and expand, meeting the evolving needs of its customers
Special Events in Malls
Giant Peacock, Lotus, and Swan: Orion Malls' Festive Spectacle
Building a Retail Legacy on Efficiency
Founded by Hemant Agarwal and Rahul Jhunjhunwala, V-Bazaar began operations in May 2016, opening its first store in Lakhisarai, Bihar.
From Urban Trends to Rural Aisles
V-Mart, a pioneer in the value retail segment, was founded by Lalit Agarwal in 2003—well before value retail became a widely recognized term.
Defining Elegance
Dennison has carved a niche in the menswear market with a diverse range of formal and semi-formal pieces priced between ₹999 and ₹3,999.