Locked Hearing Aid Software — Additional Comments

by Mike Metz A short time ago, I wrote a post regarding lack of access to the software of some hearing aids.  My comments arose from conversations with other dispensing audiologists.  They saw patients that were having problems with hearing aids purchased from large distributors — Big Box stores primarily.  Evidently, patients believed that they were…

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Retail Pricing Strategies, Part 4c: Loyalty and Ethics

For this series on pricing strategies, we have analyzed the historical perspective on the development of retail prices, finding your own “magic formula”, and looked at the individual considerations that should be a part of that formula (e.g., warranty, invoice cost, accessories, cost-of-living adjustments).  For the past few posts we have been discussing the ethical…

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Retail Pricing Strategies, Part 4b: Loyalty and Ethics

This series of articles on pricing strategies has analyzed the historical perspective on the development of retail prices, discussed finding your own “magic formula,” and looked at the individual considerations that should be a part of that formula (e.g., warranty, invoice cost, accessories, cost-of-living adjustments).  Two weeks ago, I began the topic of using manufacturer…

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Retail Pricing Strategies, Part 4a: Loyalty and Ethics

Just to review, in part 1 of this series I reviewed my own personal history in the development of sound retail pricing strategies that would best serve my practice and my patients. In part 2, I discussed finding the right “magic formula” and the various formulas I had seen other practices use, including the possible…

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