Warby Parker
By: Tatyana W.
The Basics
Warby Parker was founded by David Gilboa, Andy Hunt, Jeffery Raider, and Neil Blumenthal . Their company sells eyewear at a low price and are all about creating an alternative to people who can't afford glasses. They are a "B Cooperation" that doesn't receive profit. Their profit motive is to provide everyone in need with a pair of inexpensive glasses because of their own experiences with expensive glasses.
Their Production
They are a in-house company that sells directly to consumers and import their resources directly. They use Japanese titanium and German imported polishing wax to help make the glasses. They make their glasses in three days to help use the resources effectively. Because they are a non-profit organization, inflation does not effect them as much as a profitable company would.
What Economic System Does Warby Parker Work Better With?
Warby Parker works better with a market economic system because they only sell to consumers.
Warby Parker is impacted by globalization because they create links with other international companies to sell directly to their consumers. They are positively affected by globalization because it means more business for them and they can help more people.
In Conclusion...
I believe that people should buy from this company because they are very legit and all about providing people with better and less expensive glasses. They are also non-profitable so they aren't all about the money.