Nuheara Goes Direct to Consumers With Self-Care Hearing Platform
12 April 2019 - 10:00AM
Nuheara, the smart-hearing company, unveiled a new buying
experience today for millions of people with mild-to-moderate
hearing loss. Using hearing products uniquely designed for active
lifestyles, they can start managing their own hearing health from
the comfort of home, enjoying flexible payment options and
dramatically lower costs.
Until now, people with hearing challenges had two options. They
could put up with the problem or take the time to visit a hearing
specialist to get fitted for an expensive hearing aid. Not
surprisingly, according to the Hearing Loss Association of America,
people wait seven years on average between noticing hearing loss
and seeking help.
Nuheara’s program offers a more convenient and affordable
alternative. It begins with a choice of world-leading online
hearing assessments that quickly determine whether the customer is
a candidate for Nuheara’s technology. If so, upon purchase Nuheara
ships a pair of its award-winning IQbuds™ BOOST hearing buds to the
customer’s door. The customer then personalizes the earbuds to his
or her unique hearing profile using Ear ID™, Nuheara’s proprietary
and clinically validated intelligent audiometric system.
“This is a wrap-around self-care platform, enabling us to build
a direct relationship with our customers at the moment they’re
beginning to engage in their hearing health journey,” said Nuheara
CEO Justin Miller. “Similar to how we assess customers in our
retail partner stores with IQconnect, we can now perform the same
consultative process online.”
The result is a dramatically improved hearing experience for 80%
less than the cost of a traditional hearing device. To make payment
easier, Nuheara offers two options: pay all at once, or on a
twelve-month plan that amounts to less than two dollars per day. If
for any reason customers don’t like what they hear, they can return
the IQbuds BOOSTs for free within 30 days.
The goal, Miller said, is to reach people with hearing loss
early on. Researchers have found that addressing hearing loss
earlier leads to a better quality of life and reduces the onset of
other health issues including cognitive decline.
“Worldwide, one in six people are hearing challenged, and most
of those fit into the mild-to-moderate category. Until recently,
this massive consumer group has been completely underserved by
unaffordable and inaccessible products,” Miller said. “Traditional
hearing aids are overengineered, nonfunctional as lifestyle
headsets, cost an average of $4,300 and require setup, tuning and
maintenance from an audiologist. It’s overkill, and as a result
most people who need help with their hearing wait too long to get
it. With this new program, we’re out to remove the barriers to
better hearing health: to reach people where they live, with
products and technology they can afford, and transform their lives
for the better at a much earlier age.”
Launched in 2018, Nuheara’s IQbuds BOOST quickly won accolades
for their sleek design, ease of use and crystal-clear personalized
hearing experience, giving users complete control to hear the world
the way they want.
“I took the IQbuds BOOST out of the box and set up the Ear ID.
Literally in five or ten minutes, I was doing my test, completed it
and had my IQbuds fully calibrated. It could not have been easier,”
said technology executive and former Olympic pole vaulter Simon
Arkell. “What I really love is what I have never been able to do
before. That is, put in my wireless IQbuds and go for a long bike
ride…It’s just great sound, super high-quality, just super fun and
free.”
About NuhearaNuheara is a leading smart-hearing
company that is transforming the way people hear by creating
game-changing hearing solutions that are affordable and accessible.
Nuheara is based in Perth, Australia and has offices in San
Francisco and New York and Glasgow. Nuheara was the first consumer
wearables technology company to be listed on the Australian Stock
Exchange (ASX). Learn more about Nuheara: www.nuheara.com.
ContactMaura
Yepeznuheara@firebrand.marketing415.848.9175
Nuheara (ASX:NUH)
Historical Stock Chart
From Jan 2025 to Feb 2025
Nuheara (ASX:NUH)
Historical Stock Chart
From Feb 2024 to Feb 2025