- INND continues to broaden its reach to help more of the 70 million individuals in North America who suffer from hearing loss
- Company deploys multichannel market strategy involving e-commerce and in-store presence to help consumers access hearing aids
- With a full range of good quality yet affordable hearing aid solutions targeted at its large and growing market, INND believes it can experience significant growth potential over the coming months
With nearly 16% of adults in the US reporting hearing trouble, the total addressable market of InnerScope Hearing Technologies (OTC: INND), a leading manufacturer, distributor, and retailer of FDA-Registered hearing aids, appears to be vast (https://ibn.fm/qD3tv). And as the population continues to age, the number of people that can benefit from hearing help is only expected to grow. To reach this large and ever-growing market, INND leverages a robust omnichannel market strategy to help an estimated 70 million people in North America that have some hearing impairment. This well-rounded and carefully executed strategy utilizes wholesale and retail distribution networks and DTC (direct-to-consumer) channel that involves InnerScope’s MyHearIQ.com eCommerce site and partner sites such as FSAstore.com, HSAstore.com, and WellDeservedHealth.com.
In February, INND launched a new eCommerce website for HearingAssist, its wholly-owned subsidiary, located at https://hearingassist.com/. HearingAssist has been an established leader in the DTC hearing aid market since 2008. It is known as Walmart’s largest hearing aid supplier, with products available in 757 of its stores nationwide and over 500,000 hearing aids sold to date. INND also offers free self-check hearing screening in its kiosks installed in…
NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND
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