InnerScope Hearing Technologies, Inc. Launches eCommerce Store on Amazon.com for its Personal Sound Amplifier Products for the
May 08 2018 - 8:30AM
InvestorsHub NewsWire
InnerScope
Hearing Technologies, Inc. Launches eCommerce Store on
Amazon.com for its Personal Sound Amplifier Products for the
Millions of Amazon Shoppers
The Company continues to
expand its sales channels and focuses on generating more eCommerce
traffic to boost revenue for its product portfolio.
ROSEVILLE, CA.
-- May 8, 2018 -- InvestorsHub NewsWire
-- Hearing Technologies
InnerScopeInc. (OTCQB:
"INND") announced
today it has opened a new Direct-To-Consumer eCommerce Store on
Amazon.com and has signed a service agreement with, Quartile LCC.
("Quartile") a leading industry expert in the Amazon marketplace.
The Agreement includes an Amazon Sponsored Campaign Strategy,
Management and Product Listing Creation and Optimization for the
Company's Personal Sound Amplifier Products ("PSAPs"). The new
Amazon eCommerce store launch gives the Company the ability to
expand its reach and achieve maximum exposure to ultimately drive
more traffic and boost revenue for its PSAPs portfolio.
Hearing
loss is a major public health issue that is the third most common
physical condition after arthritis and heart disease. More than 60
percent of people with hearing loss are either in the work force or
in educational settings. According to the World Health Organization
(WHO) as of March 2018, there are 466 million people worldwide and
approximately 40 million people in the US alone who suffer from
disabling hearing loss (40db hearing loss or greater) and a total
of 1 out of every 5 people in the world (1.2 billion) and 48
million in the U.S. that has a hearing loss greater than 25db who
could benefit from some type of hearing assistance. Unfortunately,
only 14 to 20 percent of the people with hearing loss use hearing
aids, mainly due to high cost and time commitment spent with a
hearing healthcare professional and with the lack of accessibility
and other types of hearing augmentation products easily made
available.
Based on the need for
easy affordable and accessible hearing assistance products,
InnerScope
has decided to
invest marketing capital and human resources to enter the largest
Direct-to-Consumer operation in the world,
Amazon.com. According to recent industry
figures, Amazon is the leading e-retailer in the United States with
close to 178 billion U.S. dollars in
2017 net sales. As of the first quarter of
2016, the e-retailer reported more than 310 million active
customer accounts worldwide. InnerScope
will be marketing
their State-of-the-Art PSAPs, on
the world's largest Direct-To-Consumer channel.
"Today,
at InnerScope, we are excited for this new
chapter in our Company's Direct-To-Consumer operation"
said
Matthew Moore, CEO of InnerScope
Hearing
Technologies. "According to www.keywordtool.io, Amazon has on average, 2.8
million searches for "Hearing Aid" per month, 130,000 searches for
"Sound Amplifier" per month and 57,000 searches per
month for 'PSAP'. Millions of
consumers are seeking out Hearing Augmentation
Technology, like our Personal Sound Amplifiers on
Amazon.com. Amazon.com shoppers looking
for affordable hearing assistive products can find
InnerScope's
products by
either searching, "Hearing Aid," "Sound Amplifier," "PSAP," or for
more of a direct search "InnerScope
Hearing" for our
unique affordable state-of-the-art hearing products.
We believe with this new
endeavor, many potential customers searching for
hearing products and solutions, offering our ever-expanding hearing
product portfolio on Amazon will increase InnerScope
Hearing
Technologies customer base significantly in the coming months and
years. InnerScope
will be
dedicating resources and marketing capital, to enter this eCommerce
global market place, and we expect to dominate in this space with
our disruptive and game changing innovation and
products.".
A recent testimonial
from one eCommerce customer wrote about his experience with one
of InnerScope
products,
"Yes I received
my order! I have already put them on and love them.
I
wore them to my birthday party and they worked perfectly I was able
to hear conversations even in a noisy
room. I gave one of
my friends the order form you provided, and he plans to order a set
as well. Thank you", from "William" - Portland
OR".
About Quartile
LLC.
Quartile
LLC is a
leading industry expert in the Amazon marketplace.
Our
talented team is focused exclusively on Amazon, and it is the only
platform we work on. As a team of Amazon experts, we want to help
you create your listings, optimize your campaigns, expand your
reach, and drive your revenue up. Our veteran crew of digital
marketers offers years of both marketplace and digital media
experience. For
more information, please visit http://www.quartile.com
About
InnerScope Hearing Technologies
(INND):
InnerScope
Hearing
Technologies (INND) is a technology driven company with highly
scalable B2B and B2C solutions. The Company plans on offering a B2B
SaaS based Patient Management System (PMS) software
program,
designed to improve operations and communication with
patients. INND
also offers a Buying Group experience for audiology practice,
enabling owners to lower product costs and increase their margins.
INND will also compete in the DTC (Direct-to-Consumer) markets with
its own line of "Hearable", and "Wearable" Personal Sound Amplifier
Products (PSAPs) and revolutionary APPs on the iOS and Android
markets.
INND
has plans on opening, operating and expanding a chain of
audiological and retail hearing device clinics. INND's seasoned
team of professionals, with collectively over 200+ years of
experience in the hearing aid industry, including successful
operations in hearing aid manufacturing and retail store
management. Our team has the knowledge, relationships, and the
experience to quickly deploy new products and software to serve
approximately 1.2 billion people around the globe that are
suffering with 25 db
or
greater hearing loss. For
more information, please visit www.innd.com
Safe Harbor
This presentation contains
forward-looking statements which relate to future events or
InnerScope
Hearing
Technologies future performance or financial condition. Any
statements that are not statements of historical fact (including
statements containing the words "believes," "should," "plans,"
"anticipates," "expects," "estimates" and similar expressions)
should also be considered to be forward-looking statements. These
forward-looking statements are not guarantees of future
performance, condition or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in
the forward-looking statements as result of a number of factors,
including those described from time to time in InnerScope
Hearing
Technologies filings with the Securities and Exchange
Commission. InnerScope
Hearing
Technologies undertakes no duty to update any forward-looking
statements made herein.
Contact:
Investor
Relations Contact
Andrew
Barwicki
516-662-9461
Andrew@barwicki.com
InnerScope
Hearing
Technologies,
Inc.
Matthew
Moore
Matthew@innd.com
916-218-4100
www.innd.com
http://www.who.int/mediacentre/factsheets/fs300/en/
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