Business
In this episode we talk to Andy Bilinsky, Founder and CEO at Lensabl. They make it really easy for you to update prescription lenses for your existing frames.This isn't Andy's first launch. He launched a Warby Parker look-a-like before Lensabl. That's where he first formed the idea to de-couple the purchase of frames and lenses online. Instead of jumping into a saturated market, they launched the first ever lens replacement service online.As they evaluated entering the prescription lens space, one of the most glaring bits of information was the sheer size of the market, in comparison to the frames-only market. Glasses used to be purely a medical device—you own one pair becuase they were expensive. But now, they're a fashion accessory. And you can buy many pairs at a reasonable price off resellers like Amazon.Did you know that frames and lenses have completely different supply chains? The materials are different. They come from different places. On the lens side, there’s different functionality of lenses for different types of prescriptions and different requirements. It was key for Lensabl to get this right. And they did. That's partly why they felt so comfortable launching their second product, frames.The frames-only product was a customer idea. Not everyone had a replacement pair to use after sending their main glasses in to Lensabl. So Andy and team thought this was a big opportunity to improve conversion on the lens replacement product, and offer some new and affordable.Andy has raised some VC money, and he's using it to grow their existing and most successful channels. The team is also working on some new and exciting stuff for 2020. Andy shared one bit of news—they're expanding their lens replacement product into Canada.If he were to launch a new brand, one bit of advice he would have for himself is to stay narrowly focused. Make sure that you become a master of one before you start to look outside that. Time is so precious, and the requirements to do one thing incredibly well are so, so high.Wondering what DTC brand Andy looks up to for inspiration? Check them out here: drinktrade.com and takecareof.com.Learn more about Lensabl’s lens replacement service: lensabl.com To learn more about the DTC Growth Show and #paid, visit hashtagpaid.com/dtcThanks for listening. If you prefer reading, we have the full transcript below.-DTCGrowth Show team.