Despite the fact that an estimated 48 million Americans have some type of hearing loss, the cost and social stigma associated with wearing hearing aids make it a continuing challenge to improve the hearing of people who really need it.
To help hearing care professionals find newer, better and more efficient ways to reach those often reluctant patients, Eden Prairie-based Starkey Hearing Technologies is hosting its 2014 Hearing Innovation Expo in Las Vegas starting this week. The event is expected to draw 3,000 participants. Starkey has hosted the expo since 2012.
"The purpose of the expo is to meet the needs of our customer base, the backbone of which is the small mom-and-pop Main Street business," said Brandon Sawalich, Starkey senior vice president. "It is designed really to inspire our customers to take action in a constantly changing business climate."
The hearing aid industry is dominated by six large makers of the technology. Starkey, a private company based in Minnesota, is one of the six, Sawalich said. It is also the only one that is U.S.-owned and operated, he said. In an industry where most audiologists and hearing aid dealers work with only one or two manufacturers, one goal of the expo is certainly to attract more business to Starkey.
But, Sawalich said, it really is about helping hearing professionals find more innovative ways to convince customers to stop ignoring the increasing silence and come into the store for help. It is estimated that only 10 percent of those suffering hearing loss seek assistance.
"For most people, it is about a seven-year process from recognizing that they might have hearing loss to doing something about it," he said. "Most people don't know where to go get [hearing aids]. They say: 'Oh, my doctor will tell me.' "
The expo will feature presentations covering everything from the latest hearing science innovations to better business practices to improving patient care. It also features a lineup of big-time speakers, including former presidents Bill Clinton and George W. Bush. With workshops on using digital media, new media and social media, Sawalich said, the goal is to help small dealers "get off the hamster wheel and create an experience in their market, not just putting an ad in the Yellow Pages and hope the phone rings." Dealers need to brand themselves as the "hearing experts" in their market.
"You want better hearing? Come see me," he said.