Low overheads - Costco’s “shop in shop” model means lower overheads compared to traditional brick and mortar shops.Volume purchasing - Costco’s current estimated market share is 11% of all U.S.Previous generation technology - Hearing aid manufacturers that sell at Costco are known to sell products that are one generation behind their latest flagships.*.The answer is complex, but to the best of my understanding it comes down to these three factors: Many will ask how mainstream hearing aid brands like Phonak and ReSound can be purchased for less at Costco. In general you will save 10% per device when you buy a pair. There’s quite a range of prices represented below, so keep reading to the end of this page to understand why prices vary so widely. Here is a curated collection of popular models from the top hearing aid manufacturers. It’s now possible to know the likely “damage” before stepping foot in a hearing clinic, and when you respond to one of our local discounts, you know the exact price you’ll pay before you even make your appointment. Our price tracking project has completely changed the game for hearing aid shoppers. Importantly, when new offers are created, we ask audiologists to state their discount AND retail price, which means we now have a database containing over 4,000 retail price points on current-generation hearing aid models. In early 2019, Hearing Tracker launched an ambitious new project- Local Hearing Aid Discounts-which allows audiologists to offer discounted hearing aid prices directly to consumers in their neighborhoods. The survey was enlightening, but as the data got older, I started wondering about a way to maintain a database of always-current pricing. The first thing I did was survey over 2,000 hearing aid consumers on the prices they paid for their hearing aids. Instead, they sell hearing aids to audiologists and hearing instrument specialists, who tack on their service fees and profit margins before reselling them to you.Īfter witnessing the very real frustration from hearing aid shoppers, I saw a real need do something. Hearing aid companies have never published Manufacturer Suggested Retail Prices (MSRPs), and this is largely due to the fact that they (the companies) don’t sell hearing aids directly to consumers. The truth is that hearing aid pricing is highly variable from clinic to clinic, and there are regional dynamics at play too-audiologists need to pay rent and keep the lights on, and some cities present a more challenging business climate than others. The best advice I could give my friends and family was to call around and get a few quotes from local hearing clinics. Before I started Hearing Tracker, hearing aid pricing was a complete mystery.
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