InnerScope adds Newegg.com and Wish.com websites and continues to expand its eCommerce Direct-to-Consumer sales platforms for its FDA-Registered Hearing Aids and its Personal Sound Amplifier Products to being sold on the world’s largest digital shopping malls, including Walmart.com and Amazon.com
ROSEVILLE, Calif., Dec. 18, 2018 — InnerScope Hearing Technologies Inc. (OTCQB:INND), a manufacturer and Direct-to-Consumer (“DTC”) distributor of Hearing Aids and Personal Sound Amplifier Products, (“PSAPs”) is now offering its DTC FDA-Registered Hearing Aids and its PSAPs (“Hearing Products”) on Newegg.com and Wish.com eCommerce marketplaces. By leveraging Newegg.com and Wish.com merchant sales platforms as well as Walmart.com and Amazon.com (“Global Digital Shopping Malls”) allows InnerScope to easily and effortlessly generate sales. While at the same time, significantly expanding InnerScope’s eCommerce DTC global market reach to the 1.2 billion people with hearing loss searching for more affordable and accessible hearing solutions. InnerScope Hearing Products offered through these Global Digital Shopping Malls gives 500+ million global shoppers access to the most affordable, convenient and effective way to purchase online the latest in hearing aid technology without sacrificing any hearing quality experience.
All of InnerScope’s eCommerce DTC Hearing Aids are professionally adjusted and personalized to each individual’s hearing and lifestyle profile through its exclusive “Tele-Audiology Customer Service Program” (“Tele-Audiology”). Tele-Audiology, a subset of tele-health, refers to audiological services preformed via telephone and/or computer. InnerScope’s Doctor of Audiology and/or its licensed hearing aid dispensing staff provides its exclusive Tele-Audiology for every Hearing Aid customer. Traditionally, Hearing Healthcare Practitioners at their physical clinic locations would perform this level of customer service. Today, with the advancements in hearing aid technology, InnerScope has the ability to provide this level of personalization and customer service through its Tele-Audiology.
With the upcoming launch of InnerScope’s Hearing Products on Newegg.com, and Wish.com combined with Amazon.com and its Walmart.com wholesale vendor agreement, together creating greater brand awareness that will result in a higher customer adoption and an overall increase in the total global hearing aid market penetration for InnerScope. Additionally, InnerScope with its own eCommerce DTC Hearing Aid online stores with www.NoHassleHearing.com, www.FSAHearingaid.com, www.HSAHearingAid.com, www.hearingbenefit.com and www.tryhearingboost.com, enables InnerScope to target market different consumer demographics effectively as well as to rapidly make any changes to its Hearing Product portfolio by adding or test marketing new products and/or react to any market changes.
InnerScope with all of its multiple eCommerce DTC hearing aid sales platforms believes it’s fast becoming the hearing aid industry leader bringing more awareness to the consequences of untreated hearing loss to the 40+ million Americans that may have untreated hearing loss due to high cost and lack of accessibility of hearing aids. InnerScope has given tens of millions of America’s direct access through its multiple eCommerce DTC hearing aid sales platforms for treating their hearing loss with affordable hearing aids options that has not been offered before. InnerScope sees the eCommerce DTC segment of the hearing aid market continuing to grow as more people become aware of the convenience and tremendous savings buying InnerScope hearing aids online.
“We are pleased to offer InnerScope’s Hearing Products on Newegg.com and Wish.com,” said Matthew Moore, CEO of InnerScope Hearing Technologies. “By adding Newegg.com and Wish.com will not only increase sales but also will add visibility to InnerScope’s brand. We know the over 500 million shoppers in over 50 countries we reach through Newegg.com and Wish.com, will now be able to purchase InnerScope’s affordable high quality hearing aids. InnerScope is continuing to forge new vendor distribution agreements, with major retailers and distributors,” Mr. Moore concluded.
About InnerScope Hearing Technologies (“INND”)
InnerScope Hearing Technologies (INND) is a rapidly expanding consolidator of the hearing aid industry. Management is applying decades of profitable industry experience and technology to an antiquated and disjointed industry, unlocking scale and efficiency, which will serve all of InnerScope’s stakeholders. Its direct-to-consumer model is revolutionizing the industry with its Walmart.com relationship representing a paramount shift in the consumption of hearing aids by the hearing impaired.
In addition InnerScope plans to continue to open, acquire, and operate a physical chain of audiological and retail hearing device clinics. InnerScope’s mission is to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss across the entire hearing impaired vertical from R&D and manufacturing through direct consumer sales and services. For more information, please visit: www.innd.com
About Wish.com
Wish is an eCommerce platform that lets users shop millions of products at deep discounts on their mobile phone. We have over 500 million users across the world, from Russia to Brazil to the United States. Wish.com is the sixth largest eCommerce company in the world. For more information, please visit: www.Wish.com
About Newegg Inc.
Newegg Inc. is the leading tech-focused e-retailer in North America, with a global reach into more than 50 countries in Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers its tens of millions of registered users a comprehensive selection of the latest consumer electronics, entertainment, smart home and gaming products. Newegg is consistently ranked as one of the best online shopping destinations, and the company regularly earns industry-leading customer service ratings. Newegg is headquartered in City of Industry, California, with North American distribution facilities located throughout the United States and Canada. For more information, please visit: www.newegg.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.
