HEARING AIDS-COSTCO-SEARS-WAL-MART-CVS-MIRACLE-EAR-BELTONE-NU-EAR-AUDIBEL-SONUS-HEARx-NU-EAR-SURF CI
Hearing Aid Users are starting to accept Behind-The-Ear Models, at a greater rate than ever before.
The Manufacturers are all excited about this because of the tremendous Cost Savings.
The Products being sold, are massed produced, usually in 3rd World Countries, like Vietnam.
The Labor rate there is about 25 cents per hour in American Currency.
The Behind-The-Ear Model, is conducive to be mass produced on a production line basis.
The Cost of the Product has become the least expensive components of bringing the Product to Market.
The Marketing,Administrative,and Sales Costs, by far exceed the Manufacuring Costs.
Custom made Products are more expensive to manufacture.
Each Custom Made Hearing Aid is Hand-Made. One Aid at a time, by an Assembly Employee.
There may be at least 6 different Employees engaged in the Manufacture of each Hearing Aid.
These Custom-Made Products are all manufactured in the United States at much higher labor rates of up to $30 per hour (including benefits) per Employee.
Do the Math.
The only problem I see, and predict, is that as the Non-Custom Product takes over the Industry, such a Product will be sold over the counter in any Drug Store or Mass Merchandiser, such as BESTBUY.
Who needs a Dispenser.
Just buy an Aid, with a Remote Control, with 20 Different Programs, and a volume control feature, and surprise,surprise, you don't need a Hearing Aid Dispenser.
We'll see what happens.