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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

So this is a video for myself so that one day I could remember

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