The End of Retail as We Know It

How Retail AI will impact tomorrow’s eye care retail industry

 

Listen to this column here:

 

A virtual eye care retail experience
Photo created with Gemini

Let me be blunt: the traditional optical dispensary is in the early stages of an evolutionary collapse. I am not saying the optical of today is dead—yet. But if it doesn’t transform, it will cease to be the financial engine it once was.

 

There are a series of AI subtypes converging into what is known aggregately as Retail AI that is impacting all parts of the global retail landscape. Retail AI is not just changing the way businesses approach inventory management and marketing – it is drastically altering human purchasing behavior. In the process, it is not just improving the “shopping” experience, but it is cannibalizing the middlemen who all have their hands out for a piece of the purchasing dollars. This includes the product sales reps, the distributors and the retailers themselves.

 

NOTE: Eye care businesses who have a retail component to their business—we are one of those middlemen! We are at the beginning of the Agentic Commerce Era, where consumers don’t “shop”—their digital agents do. Is our industry prepared for this? How do we prepare for what could be a revolutionary shift in retail?

 

Let’s break it down. This era will feature two major distinctions from our current model. First is the operational Retail AI and the second is a greater shift in consumer behavior that AI will induce.

Retail Operations

Retail AI is about to gut the “buy and hold” model in eye care. Opticals that used to be defined by their “board space” will be seen as archaic and inefficient. In the future, “carrying” inventory will be viewed as a liability, not an asset. Distribution is already starting to shift to hyper-localized micro-fulfillment (think Amazon!). AI predicts localized demand spikes—perhaps a surge in high-index blue-light lenses in a tech-heavy zip code—and moves stock before the order is even placed. There will also be a move away from “slow movers” as algorithms dictate what hits your shelves based on the predictive needs of the local “agentic” population. If the AI knows 40% of your local patients will need progressive lens updates in Q3, that inventory arrives just in time.

From Search Bars to Shopping Agents

The most violent shift isn’t happening in the exam room; it’s happening in the palm of the consumer’s hand. The era of searching—manually Googling “best aviator frames”—is dead. Retail is shifting from a “pull” model (where consumers seek info) to a “push” model, where personalized suggestions are delivered proactively by the rapidly evolving personal shopping agents (PSAs). We are moving from tolerating an inefficient product purchasing process to an era where consumers expect a product to provide an experience.

 

Retail AI will be fundamental in this “experiential” shopping experience. We are entering a generational transformation process of moving from scrolling, searching and browsing to an agent-driven, zero-click, curated experience. These agents don’t just “know” the consumer; they possess deep lifestyle context and will be the portal to how people interact with the world. These PSAs will track the likes and dislikes of “this” consumer. They will know the calendar (an upcoming hiking trip?), the bank account (is it a “luxury” month?) and even biometric stress levels.

Bringing Convenience to Consumers

In the eye care world, gone will be the library of frames patients have to try on. Instead, their digital twin will allow them to virtually try on any frame, made anywhere. Their agent will negotiate with global inventories, run a 3D virtual fitting against a micron-accurate facial scan, and present a “Final Two” selection—mathematically guaranteed to fit their face and their “vibe”—all within seconds.

 

And this won’t necessarily need to happen within the four walls of an optical. It can happen in the comfort of their home, much like we all buy clothes, electronics, food and well…everything now. This experience is starting to happen across the global landscape and consumers are becoming accustomed to a “zero-click” purchase experiences in all other areas of global retail. Our 45-minute “frame styling” session will be viewed as a quaint, irritating waste of time. The remnants of a bygone era –  not much different than a consumer going to a Blockbuster to pick out a movie or a department store to try on clothes.

A Game Plan

How do we compete? The optical of the future will need to be an experience that incorporates HUDs, virtual inventories, virtual reality, personalized lenses and a global marketplace mindset. The dispensaries that survive will stop trying to compete with AI’s efficiency and start leaning into what AI cannot do: high-touch clinical intervention and physical verification.

 

STOP “selling frames.” START providing a “visual experience.” Concentrate on enhancing how our consumers see the world and how the world sees them. I know there will be those who read or hear this and choose to ignore or condemn it as futuristic heresy. There were executives at JCPenney, Sears and Blockbuster who thought the same when this little company called Cadabra entered the marketplace at the beginning of the digital shopping era. Later when that company rebranded as Amazon, those executives were wondering what happened as the world around them changed almost overnight.

 

Reality Check: The controversy isn’t whether AI is coming. It’s whether you’re willing to take steps, adopt and evolve or fight, complain and eventually wonder what happened. Just something to think about!

Author

  • Scot Morris, OD

    Scot Morris, OD, has practiced for 25 years in various clinical settings and served as a technology author, magazine chief optometric editor, corporate advisor, practice consultant, and prominent educator. He started or cofounded multiple companies within the eye care industry and participated in multiple clinical trials. Among the challenges he consistently hears about in the health care industry for providers, patients, companies, and the health system are inefficient care delivery, clinical decision-making errors, rising costs, access issues, and failure to provide connected care.

    Through his various roles, Dr. Morris has focused on how to improve system efficiencies, market, and teach peers how to improve care delivery. His peers voted him as one of the 50 most influential people in eye care and one of the top 250 innovators in the industry. Driven to always find a better way and share that knowledge to make people and processes better, Dr. Morris spent his entire career thinking about health care challenges, how to solve them, and educating others to do the same. As a result, he spent the last few years focusing on these issues and codeveloping a knowledge platform called the AMI Knowledge System, (AMIKnowS), to share and evolve knowledge in hopes that we can solve many health care issues and enable the delivery of accessible and unbiased health care regardless of income, education, or geography.



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