Becoming a Hearing Aid Manufacture
Disrupting a Multi-Billion Dollar Industry
Providing Better Products at Affordable Prices
InnerScope’s strategic plan as a hearing aid manufacturer is to design and manufacture multiple brand labels of high quality hearing aids at different price points for its multiple distribution channels. For example, its Direct-to-Consumer (“DTC”) division, InnerScope will be developing a very affordable line of “Self Fitting” hearing aids, which allow the consumer to simply fit, program and adjust the hearing aids, all through their smart phone, in less than three minutes. InnerScope’s hearing aids designed and distributed to InnerScope’s corporate owned physical audiological hearing aid retail stores and to its Buying Group members, will have more audiological features and fine tuning options and adjustments available for a more precision fitting by hearing healthcare professionals.
A Better Business Model
InnerScope, now as a hearing aid manufacturer, will dramatically increase its gross margin up to 95% on corporate owned physical retail stores and up to 87% through its DTC channels. Coupled with the low retail price points, InnerScope will clearly be positioned to disrupt the current hearing aid market by offering its own manufactured high quality hearing aids with the latest in Bluetooth and patented technology that will rival all of the other manufacturers, even the Big Six. But, more importantly, with InnerScope’s branding and marketing through multiple large DTC distribution channels and the building of physical audiological retail hearing aid stores, InnerScope will ultimately grow the current adaption and market penetration rate of 4%, which up to now, all the other hearing aid manufacturers have failed to accomplish due to the current distribution model.
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InnerScope Hearing Technologies has a proven track record of disrupting well-established markets within the Unites States of America with our products and services within a matter of months not years, can go from newcomer in the market to Market Leader, turning the competition in the market irrelevant. InnerScope Hearing Technologies is now deploying our products and services on the Global stage to help the 360+ Million people around the world suffering from some form of Hearing Impairment in any & all situations.
Contact Us Today if you would like to use any of our innovative products and services