{"id":17218,"date":"2020-05-14T09:39:18","date_gmt":"2020-05-14T01:39:18","guid":{"rendered":"https:\/\/www.nuheara.com\/nuheara-deepens-global-growth-surpasses-4000-iqbuds%c2%b2-max-pre-orders\/"},"modified":"2021-08-18T22:18:58","modified_gmt":"2021-08-18T22:18:58","slug":"nuheara-deepens-global-growth-surpasses-4000-iqbuds%c2%b2-max-pre-orders","status":"publish","type":"post","link":"https:\/\/www.nuheara.com\/usa\/news\/nuheara-deepens-global-growth-surpasses-4000-iqbuds%C2%B2-max-pre-orders\/","title":{"rendered":"Nuheara deepens global growth &#8211; surpasses 4000 IQbuds\u00b2 MAX pre-orders"},"content":{"rendered":"<p>HIGHLIGHTS:<\/p>\n<ul>\n<li>Nuheara has now surpassed 4000 IQbuds\u00b2 MAX pre-orders.<\/li>\n<li>2020FY YTD unit sales (inclusive of IQbuds\u00b2 MAX) now exceeds total 2019FY unit sales by 40%.<\/li>\n<li>Nuheara\u2019s robust Direct To Consumer sales model continues to grow in economies heavily affected by COVID-19.<\/li>\n<li>April 2020 sales broaden, with monthly year-on-year growth of 251% for USA, 162% for UK and 198% for Canada.<\/li>\n<\/ul>\n<p class=\"NUHBodytext\" style=\"line-height: 115%; margin: 6.0pt 0cm 12.0pt 0cm;\"><b>14 May 2020 \u2013 Perth Australia<\/b><\/p>\n<p>Nuheara Limited (<a href=\"https:\/\/www.asx.com.au\/asxpdf\/20200514\/pdf\/44htd7s8mqycjz.pdf\"><strong>ASX: NUH<\/strong><\/a>) (<strong>Company<\/strong> or <strong>Nuheara<\/strong>), transforming the way people hear by creating smart hearing solutions that are smart and affordable, is pleased to announce that it has now surpassed over 4,000 units in pre-orders for its newest flagship product, IQbuds\u00b2 MAX.<\/p>\n<p>Commenting on the sales milestone, Nuheara CEO Justin Miller said \u201cThe fact that we have built a global online platform to reach our consumers directly, and that we have now sold more than 4,000 IQbuds\u00b2 MAX in just four months, demonstrates how relevant and resilient our sales and marketing strategies are &#8211; even in economies drastically impacted by COVID 19.<\/p>\n<p>\u201cNuheara\u2019s IQbuds\u00b2 MAX pre-orders have predominantly been focused in the EU and North American markets, representing more than 70% of all sales.\u00a0 April revenues continued this trend with year on year sales growth rates of 251% for the USA, 162% for the UK and 198% for Canada.<\/p>\n<p>\u201cThe deployment of our marketing efforts hasn\u2019t even reached their peak, and once we are able to increase our marketing spend, we expect to see stronger customer reach than we have already.\u201d<\/p>\n<p>Nuheara CEO Mr Justin Miller also spoke virtually at this weeks <strong>Kepler Cheuvreux\u2019s<\/strong> Hearing Aid Day, where he said that Nuheara\u2019s Direct-To-Consumer (DTC) sales model had proved itself time and again during the COVID-19 global pandemic.<\/p>\n<p>\u201cIn contrast, major hearing aid companies have seen sales drop by up to 80% in April because of the global shuttering of the economy and their subsequent inability to service customers face to face.\u201d<\/p>\n<hr \/>\n<p><strong>This announcement has been approved for release by the\u00a0 Nuheara Managing Director Mr Justin Miller.<\/strong><\/p>\n<hr \/>\n<p><strong>CONTACT<\/strong><\/p>\n<p><strong>Media and Investor Relations<\/strong><\/p>\n<p><strong>Shane Murphy<\/strong>, FTI Consulting<\/p>\n<p><strong>Office<\/strong>: +61 8 9321 8533<\/p>\n<p><strong>Email:<\/strong> <a href=\"mailto:shane.murphy@fticonsulting.com\">shane.murphy@fticonsulting.com<\/a><\/p>\n<p><strong>Mobile:<\/strong> + 61 420 945 291<\/p>\n<p>&nbsp;<\/p>\n<p><strong>ABOUT NUHEARA<\/strong><\/p>\n<p>Nuheara is a global leader in smart personal hearing devices which change people\u2019s lives by enhancing the power to hear. Nuheara has developed proprietary and multi-functional intelligent hearing technology that augments a person\u2019s hearing and facilitates cable free connection to smart devices. Nuheara is based in Perth, Australia and has an office in New York, USA. Nuheara was the first consumer wearables technology company to be listed on the Australian Stock Exchange (ASX).<\/p>\n<p>In 2016, the Company released its revolutionary wireless earbuds, IQbudsTM, which allow consumers to augment their hearing according to their personal hearing preferences and connect hands free with their voice-enabled smart devices. Nuheara products are now sold in major consumer electronics retailers, professional hearing clinics and optical chains around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HIGHLIGHTS: Nuheara has now surpassed 4000 IQbuds\u00b2 MAX pre-orders. 2020FY YTD unit sales (inclusive of IQbuds\u00b2 MAX) now exceeds total 2019FY unit sales by 40%. Nuheara\u2019s robust Direct To Consumer sales model continues to grow in economies heavily affected by COVID-19. April 2020 sales broaden, with monthly year-on-year growth of 251% for USA, 162% for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-17218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Company Surpasses 4,000 IQbuds\u00b2 MAX pre-orders | Nuheara USA<\/title>\n<meta name=\"description\" content=\"Nuheara surpasses 4,000 IQbuds\u00b2 MAX pre-orders with 2020FY YTD unit sales exceeding total 2019FY unit sales by 40%.\" \/>\n<meta name=\"robots\" content=\"index, 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