O PodiCasti

Whoever innovates gets it wrong. Inside Brazil's optical retail market

58:07

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Gustavo Freitas took over Mercadão dos Óculos in 2014, when the chain had 10 stores. Ten years later it has 750, its own lens factory producing a million lenses a year, and a target of a thousand stores by 2027. The conversation centres on the culture he calls making new mistakes, and on what low-cost optical retail teaches about disciplined expansion.

What the episode covers

  • From 10 to 750 stores in a decade, and what sustained the pace
  • Making new mistakes: how the innovation culture was designed
  • Why the pandemic did not stop store openings
  • In-house lens manufacturing: one million a year
  • Instituto Olhares do Bem: 10,000 pairs donated
  • Expansion into Portugal and Argentina
  • In-store technology: tablets and digital face-shape fitting
  • The target of a thousand stores by 2027

Chapters

  1. 00:00How Gustavo Freitas turned a small franchise into an optical empire
  2. 07:10First ventures and the move into optical franchising
  3. 13:00Setting up the franchise and the first results
  4. 18:00Making new mistakes: the philosophy that reshaped the chain
  5. 24:45The pandemic did not stop the expansion
  6. 30:00Instituto Olhares do Bem: 10,000 pairs donated
  7. 34:00Technology in store: tablets and digital fitting
  8. 50:00International expansion: Portugal and Argentina
  9. 54:00Target 2027: reaching a thousand stores

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