Week 3 EOC: Making Money for Good

Vision is one of the most important senses to the productivity of life today. It grants the gift of learning. It allows for people to work and operate optimally while at work. However, approximately 703 million people in the world don't have access to affordable eyewear [https://www.warbyparker.com/buy-a-pair-give-a-pair]. As many of you may know, prescription eyeglasses are by no means cheap. Especially with the majority of the eyewear industry controlled by one single entity, prices for glasses keep rising.

Luckily, Warby Parker has come up with a business plan with the people from all walks of life in mind. Warby Parker makes both prescription eyeglasses as well as sunglasses, providing a great look at a reasonable price. What’s more is the Warby Parker is a for-profit company. With each pair of Warby Parker glasses purchased, the company makes a donation to a nonprofit partner [in this case, a company by the name of VisionSpring] who then train men and women in developing countries to be able to give eye exams to the people out there. With that, Warby Parker also distributes glasses to these newly trained people who then go to sell the glasses to their communities at a very affordable price. One may question the whole “for-profit” aspect after hearing that the glasses are sold. By selling the glasses at a super low price rather than just donating them straight, Warby Parker introduces sustainability in these developing countries. Making these newly trained entrepreneurs sell the glasses creates jobs in these markets and offers affordable glasses for all at the same time. To date, Warby Parker has been able to distribute one million pairs of glasses to people in need thanks to the help of all the people who have bought a pair of Warby Parker’s here at home. Be sure to give them a visit and see their mission at: https://www.warbyparker.com/buy-a-pair-give-a-pair