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So this is a video for myself so that one day I could remember
What actually happened for the past one year
why is today Important for me and what is this video all about. It's basically a reminder for myself
what and how have TOPONE Optical been through this year I still remember that one year before our
shop begins with renovation
Quite a big touch-up for the shop - and here for about 20 years that never been and never done any renovation before
me and my father decided to begin with renovation implement few things
and enhancing the business by doing few changes
So today I'm going to list down all the changes
Basically there are five changes
that's remarkable and significant. Number one is
the interior design and the external design
So we want to make the design interior and
Externally more modern and when customer walk into our practice they will feel really comfortable
and they feel leisure
Is that copying with the library concept coffee shop concept
We put some music and some very relaxing music so people when they're
Thinking or they are doing purchasing then you have a more comfortable environment for them to make purchasing decisions
Which you end up with a good one usually
So this is to be ensured that customer has the kind of
Buying experience "Wow experience" when they walk into our practice
It's not a lot of optical shop that's doing this
but we think that is important because
buying something or
Purchasing something most of the time is an emotional is the emotional behaviors
It can be varies when customer go to different shops although they're buying a similar product
For example to go to Starbuck they want to buy coffee
Usually they are willing to pay
for 10, 12 ringgit for a cup of coffee but when you can go to a coffee shop
They will just pay for 1 or 2 ringgit for one coffee
Same products, but people are willing to pay differently depending on environment, depending on the services
so, no two is the enhancement of services
Basically we make sure that people walk into our practice would have the kind of WoW experience by enhancing the
Services, we approach all customers
More friendly and more professionally
We do not take sales as the first target or the aim or the objective of
how we approach the customers because
What customer wants is a solution?
to their visions
It's not about pricing, it's not about products mostly importantly is a solution to the lifestyle problems
They might have problems with
blur vision, they might have problem of Glaring, or they might have reading difficulties
So all they want is a solution
Mostly importantly. So we even though our customer walked with the intention to buy something we don't approach them
based on
product based on the price
most of the time we have them?
How's your old vision doing? How's your old glasses. Do you feel good with the old glasses?
From there we check your eyes every provide a solution. This is a improvement in services
Number three is the innovations
Service
It anywhere in Malaysia that Optical Shop has been so many
Lot of time many of the optical shot is not competitive at all and they might have in the boarder of
Closing the shops. So what is happening Basically is because
the competition is too high, so
Innovations means that we have to create some things to the making the competitive irrelevance
What does it mean by competitive irrelevance? We provide services that other doesn't provide.
For example we provide comprehensive I check for the elderly
We provide niche marketing services is like a Blue Ocean Strategy
They we provide eye examination comprehensive eye examination they go to
Hospital they found that the queue for whole day just to see doctor just to take the medication
So here's a one-stop
Center for their eyes. It's a one-stop. eye center for everyone all our customers who walked in to make glasses or they
want to walk in to do the eye examination with very affordable prices and with a very comprehensive
eye examination
number four is stock and pricing
We improve our stock quantities we improve the varieties of our products and at the mean time
We also make the pricing not so expensive at this stage of the business
Because it is very dependent on which area you are working with what kind of customers they are targeting with and
Who are people do they have a high brand awareness?
In my area not really because most of the time those people are not very rich a
lot of mixed races of customers Malay Indian and Chinese
So all these are usually elderly
So they don't have a lot of brand awareness and they don't
talk about brand at all and just talk about the quality of products
So we actually enhance the products so that it's more quality instead of just branding
So, yeah, we actually focus on the mid range of our products
It's also a very important strategy for business last but not least. We also do some marketing event err
have interaction with customers
Facebook marketing they also doing some CSR
Projects going up to interact expo our business for the outsiders for the children
also attraction with doctors as well they put our business
Outside instead of just waiting inside
So we all just expect that we put together
The five expects that I just talked about I believe that
it has been proven as well that the growth of the financial of the company
Pretty tremendous as well and it's very happy to see the results and
Think we i'm kind of encouraged
And also is the motivation for me when I look at the result or what is more important is can this motivation sustain?
can this motivations continue and we can achieve for higher and higher
Eventually having all the branches to achieve the similar result. So that one day we will stand quite firm
competitive advantage in
Such a competitive market that we are living in Malaysia
So to conclude I think that
It's not important. It's not easy for an optometrist to survive
financially in Malaysia is because of our position in the market is quite awkward
Most of the Time selling glasses people sell more branded people at a better location then you
a breakthrough in optical industry
Future we might progress
Into a healthcare clinic because you have to stand right now has to sustain your business
So for all optometrist in Malaysia is not easy that we run a business in Malaysia, all right
We all know that either you are working as employee or you are doing your business
Either way is not that easy because the working hours too long
because of the rebates too less salary is so fixed that you don't have alot of breakthrough
If you want to start a Business is not easy in such cooperative market. So we have to really think of something else to do to breakthrough
one day eventually
10 years later when look back to this video
I might have thanks to mine and to a lot of people in my life
who helped me before so yeah
Okay, this is the reminder for myself
Hope that one day I look back to this video
I will impressed and the result has shown that it works