Top Industry Trends at LAB DAY Chicago
Posted Apr 17, 2013 in Post-Show Coverage
LMT magazine's LAB DAY in Chicago is the industry's educational superdome and the place for product launches and breaking news in the U.S. This year, more than 3,100 attendees from 47 states and 49 countries came to learn about new techniques, shop for the latest products, and meet up with their peers to share business strategies. Below is an overview of the hot topics that inspried dialogue and debate during our profession's biggest weekend of the year:
Business Barometer: Mixed Reviews. A number of attendees were optimistic about the start of 2013 with many telling LMT that business was strong in January and February.
However, while the number of units coming into the lab is on the rise, some lab owners pointed out they're not their most profitable restorations, indicating a new trend: profit erosion. "Revenues are eroding. Our two most popular restorations, Bruxzir and e.max, are also our least expensive restorations," said Greg Thayer,...