August 5, 2019
Innerscope Hearing Technologies Inc., a manufacturer and direct-to-consumer distributor/retailer of FDA-registered hearing aids, personal sound amplifiers products, hearing related treatment therapies, doctor-formulated dietary hearing supplements and proprietary CBD oil, plans to launch a network of interactive fully automated point-of-sale hearing screening retail kiosks and untreated hearing loss information centers in hospitals, sporting venues, grocery stores, retailers, pharmacy chains and other public locations.
The development of the hearing kiosks is part of Innerscope's newly revised "Hearing Better in America" awareness campaign, which specifically targets approximately the 42+ million Americans or 84% of the total U.S. hearing impaired market who are currently at high risk and/or living with multiple health and cognitive consequences due to untreated hearing loss, according to a press release. Innerscope's kiosks will not only give the underserved market easy access to a quick 2-minute self-administered hearing-screening test, but also provide awareness about untreated hearing loss and information on Innerscope's DTC hearing solutions.
Features include:
Based on the results of a kiosk placed in one retail optical center, Innerscope is anticipating each kiosk location will generate 500+ completed hearing screenings per month with hearing loss detected in approximately 320 participants, and 57 of those participants will decide to purchase Innerscope's hearing products either the same day or within a few weeks. For the remaining participants that decide not purchase, Innerscope will continue to promote the benefits of better hearing by marketing directly to those individuals. Innerscope estimated each hearing kiosk location should generate $20,000 per month in gross revenue.