Inventory Profitability with Third Party

iProfit Group

Frame pricing comparisons:

Focus of this Portion: VSP

State the intended goal

Considerations

Frames = 28% of all dispensary revenue*

VSP = 19% of all eye wear customer purchases at 77 million lives covered.**

63% of all frame purchases were with an MVC***

*2015 Vision Council 2nd quarter analysis. **2014 AOA Study of Independent Practices. ***2015 Vision Council Study 2nd quarter analysis

Math-work, not quess-workWith iProfit Apps

Rapidly compare Frame mark-up strategies Rapidly compare Marchon/Altair Frames to non-

Marchon, Altair Frames in inventory Compare the Margin on Covered and non covered

Frames Compare Patient out of Pocket expense Compare Capitol held in inventory vs. ROI

Covered Frames

Profit is Flat Below VSP allowance

An acquisition discount of 30% on any product or more, yields greater Margins than being a Premier provider with Marchon Frames.

Budget Eyewear often yields a higher margin than a Marchon/Altair Frame even with the added Premier status.

The P's of Higher Margins

Purchasing the right Price points Pricing Merchandise Properly Positioning it to be sold in the

Dispensary as a Priority Programming the Practice

Management Software

insurance,inventory,

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