![]() “We focus on engaging our existing audience of millions of members with actionable oral health information and education,” Enever said. “They won’t have the challenge of re-gaining consumers’ trust as they shift from one product or service to the next.” “Quip has already established itself in the DTC space, and has gained the trust from their customers,” Higgins said. Though Quip didn’t launch with an aligners service on day one like other competitors, “Quip has differentiated itself by capturing immense amounts of data about their customers and their customer needs,” said Tyler Higgins, retail practice lead at global management consultancy AArete. And Candid Care - which launched in 2017 and has raised nearly $86 million in funding to date - is fighting an ongoing copyright battle with SmileDirectClub. Meanwhile, SmileDirectClub is still struggling to report a profit nearly a year and a half after going public, reporting a net loss of $96 million during its first quarter earnings at the end of March. According to Jefferies, this month direct-to-consumer aligner services declined by 13% year-over-year. The aligners market in general, however, has struggled in recent years. Its global market is expected to reach nearly $10 billion by 2026, per Fortune Business Insights’ most recent report. While dental visits declined during the pandemic, the orthodontics industry is booming. Quip has tapped into the dental network it developed through its insurance alternative to help oversee both virtual and in-person customer treatment. Unlike selling electric toothbrushes and dental floss, “moving teeth is a delicate process that should be professionally overseen at every step,” Enever said. The company declined to reveal how much revenue services account for. The platform connects patients with dental professionals in their area, allowing them to book and receive treatment. Quip’s service-based initiatives began back in 2019, when the company launched an alternative dental insurance for New York City customers. For Quip, integrating “real life dental professional services” has always been part of its goal, Enever said. The brand has since expanded into several big box retailers, including Target and Walmart, while adding more oral care products. ![]() The company first launched in 2015, with its subscription electric toothbrushes program. The idea to launch the program came from Quip’s existing customer base,” Enever said, “with one out of three users surveyed saying they were either interested or very interested in our aligner offering.” The rest of the treatment is done remotely, but if fit or other problems occur, the customer is encouraged to visit the office. In-person care for 3D impression scans is required at the start of treatment, and is done via a matched local orthodontist. Using the company’s app, customers can manage treatment virtually with their dental care professional. Participants can expect to start treatment for about $1,995 upfront, or $99 per month. The treatment can be started via Quip’s digital “smile simulation” feature, where users can upload mobile photos of their bite to get an estimate on treatment length and cost.įurthermore, eligible candidates can book in-person visits with a local dental professional to get professional scans and checkups. Similar to its other services, Quip will offer virtual consultations and services to customers looking to straighten their teeth. Quip founder and CEO Simon Enever told Modern Retail that expanding professional services is part of the company’s “overall mission to simplify dental care.” ![]()
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