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Hearing Aid and Battery Data

These simple calculations will help you determine if your battery business is as big as it should be.

Gross hearing aid battery income:

Tips

*This is based off the average life of an aid.

**This is based off the average number of cells a customer goes through in a year which is 40 batteries.

***This is the amount that is possible with 100% retention on your battery business.

*
**
$
*** $

Determine your retention rate:

Method 1:

Consider this:

Approximately 50% of patients purchase their batteries elsewhere.

  • If your patients buy batteries from a competitor, how can you be sure they will buy their next set of devices from you?
  • Have you leveraged batteries to insulate your patients from the competition?
  • Have you leveraged batteries as an additional revenue sources for your practice?