KITS produces stylish, high-quality eyewear in as little as 10 minutes, delivered in days, not weeks at less than half the price of industry averages
VANCOUVER, BC, February 18, 2021 / CNW / – KITS Eyecare Ltd. (TSX: KITS) (âKITSâ or the âCompanyâ), a digital eye care platform based at Vancouver, British Columbia achieved a milestone by shipping over 1,000 eyewear to customers in a single day on February 16, 2021. This one-day total equates to the estimated volume 150 traditional optical retailers would supply over the same time period and is further proof that today’s customers value value and convenience and buy eyewear online at a accelerated pace.
âAchieving this goal in just under a year of commissioning and operating our eyewear lab in North America confirms that this highly fragmented market is ripe for disruption,â said Joseph Thompson COO of KITS. âOur commitment to vertical integration and automation is a key differentiator and we plan to drive more of the market online due to the savings and service created by the KITS model. ”
Vertical integration improves production efficiency, significantly reducing costs. The savings are passed on to KITS customers who pay the lowest prices in the category – about 30 percent less for contact lenses and about 80 percent less for glasses (US average retail price = $ 351 vs average cost of KITS brand glasses = $ 69).
KITS maintains one of the largest inventories in optics with over 400 styles of eyewear and 90,000 frames in stock as well as KITS’s own brand and other designer styles including Tom ford, Ray ban, Oakley, Gucci and more.
KITS production facilities are located at Vancouver, British Columbia create manufacturing jobs right here Canada. Glasses are produced in as little as 10 minutes and shipped very quickly.
KITS is a rapidly growing digital eye care platform providing eye glasses everywhere. We provide our customers with access to a wide selection of contact lenses and eyeglasses, including our own exclusive products designed by KITS, as well as a strong suite of online vision tools. Our efficient digital platform, backed by our industry-leading manufacturing and designs, cuts out the middleman and allows us to price-value and deliver custom-tailored products with incredible care and precision. We are disrupting the industry by constantly researching cutting edge technologies to deliver the best customer experience, including online eyeglass fitting tools, virtual eyeglass trial, and integrated online vision test. We strive to delight our customers with our competitive pricing, a convenient digital shopping experience, fast and reliable delivery options, and a constant focus on earning the lifelong trust of our customers. For more information on KITS, visit: www.KITS.com.
SOURCE KITS Eyecare Ltd.
For more information: Kieran Lawler, [emailÂ protected], 416.303.0799