Why Natural Cycles's Business Model is so successful?
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Natural Cycles’s Company Overview
Natural Cycles is a revolutionary digital health company that specializes in effective, natural contraception solutions. Founded in 2013 by particle physicist Dr. Elina Berglund and her husband Dr. Raoul Scherwitzl, the company is based in Stockholm, Sweden. Natural Cycles is the first and only digital birth control method cleared by the US FDA and CE marked in Europe. It is a fertility awareness-based method that uses a mobile app to help women track their fertility and prevent or plan pregnancy. The company's mission is to pioneer women's health with research and passion, by empowering every woman with the knowledge she needs to be in charge of her health.
The business model of Natural Cycles is centered around its proprietary app. The app uses an algorithm that analyzes body temperature and menstrual cycle data to predict a woman's daily fertility status. The app is subscription-based, with users paying either monthly or annually for access. It also offers a free trial for new users, allowing them to test the effectiveness of the app before committing to a subscription. The company also invests heavily in clinical studies and scientific research to continuously improve the app's algorithm and ensure its effectiveness and safety.
Natural Cycles' revenue model is primarily based on the subscription fees collected from its users. The company offers two subscription plans: a monthly plan and a yearly plan. The yearly plan includes a free basal thermometer, which is essential for the daily temperature measurements the app's algorithm requires. This direct-to-consumer model allows the company to maintain steady and predictable revenue. Additionally, Natural Cycles also generates revenue through partnerships with healthcare providers and institutions, offering its technology as a natural, non-invasive contraceptive option for their patients.
Headquater: Stockholm, Sweden, EU
Foundations date: 2013
Company Type: Private
Sector: Healthcare
Category: Health
Digital Maturity: Digirati
Natural Cycles’s Related Competitors
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Maven Clinic Business Model
Alivecor Business Model
Natural Cycles’s Business Model Canvas
- EU
- Angel Investors
- FDA
- Mobile Application Stores
- Data Centers
- Universities
- Researchers
- Community
- Research and development
- IT platform and app development
- Operations
- Marketing
- Sales
- Customer service
- Contraceptive app
- Personalized contraception
- Medical device
- Research and development team
- Algorithm
- AI
- Intellectual Property
- Medical device
- Medical certification
- Data
- Legal
- IT
- Marketing and PR
- Awards
- Natural Cycles is a hormone-free method of contraception that is cleared for use in the EU
- The first and only app to be certified as a contraceptive method
- It is also a tool for women who want to plan a pregnancy
- Natural
- Non-hormonal
- Non-invasive
- Personalized
- Empowering
- Natural family planning
- Natural contraception
- Women with a healthy lifestyle between 20-40 years old
- Website
- App Store
- Google Play
- Social networks
- Blog
- Press
- Events
- IT infrastructure
- Software development
- Customer support
- Marketing
- IT operations
- Shipping
- Subscription
- App
- Thermometer
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Try it freeNatural Cycles’s Revenue Model
Natural Cycles makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Healthcare
- Digital
- Subscription
- Customer data
- Customer relationship
- Technology trends
Natural Cycles’s Case Study
Natural Cycles's CASE STUDY
When it comes to revolutionizing digital health, few companies have made strides quite like Natural Cycles. Founded in 2013 by a particle physicist duo, Dr. Elina Berglund and her husband Dr. Raoul Scherwitzl, Natural Cycles has blazed a trail in the realm of natural contraception. With its headquarters in Stockholm, Sweden, this unique company is transforming the way women approach fertility management.
The Inception: A Blend of Science and Passion
Our journey with Natural Cycles starts in the field of particle physics. Both Dr. Elina Berglund and Dr. Raoul Scherwitzl brought their analytical and research skills from particle physics to an entirely different frontier: women's reproductive health. What sets Natural Cycles apart is its origins - a solution grounded in rigorous scientific methodology.
The company's core offering is an algorithm-driven mobile app that utilizes body temperature data and menstrual cycle information to predict daily fertility status. Approved by the US FDA and CE marked in Europe, Natural Cycles is not only the first but also the only digital birth control method with such prestigious clearances.
Understanding the Science Behind the App
Natural Cycles leverages a basal thermometer and a sophisticated algorithm to accurately chart each user's fertility status. When users subscribe to the service, they receive a basal thermometer (in the yearly plan) to take their daily temperature. This data is then input into the app, which uses advanced analytics to determine whether the user is in a fertile or infertile phase of her cycle.
Harvard Business Review recently highlighted a critical aspect of Natural Cycles success - "a blend of robust scientific research and user-friendly technology." This has been pivotal in the app maintaining an impressive 93% efficacy rate in preventing pregnancy with typical use and 98% with perfect use (source: Natural Cycles).
A Subscription Model Rooted in Consistency
The business model driving Natural Cycles is both innovative and straightforward. Users can choose between a monthly or an annual subscription. The annual plan comes with a free basal thermometer, vital for ongoing temperature measurements needed by the algorithm. This model has proved effective in maintaining steady revenue, as well as ensuring a high level of commitment from users.
Furthermore, the company offers partnerships with healthcare providers and institutions, augmenting its revenue streams beyond direct consumer sales. These collaborations allow Natural Cycles to promote its non-invasive contraceptive method to a broader audience through trusted medical channels.
Clinical Research: The Backbone of Credibility
One of the many facets that make Natural Cycles extraordinary is its unwavering commitment to clinical research. According to recent data, the company allocates a significant portion of its resources to continuous scientific studies (source: Natural Cycles). These efforts ensure that the app's algorithm remains up-to-date, effective, and safe for users.
The scientific community has taken note. As Dr. Sarah Johnson, an expert in digital health solutions, pointed out, "Natural Cycles is setting an industry standard by combining medical science with modern technology, offering women a reliable and hormone-free contraceptive option." This focus on clinical validation not only bolsters the company's credibility but also reinforces user confidence in a market where trust is paramount.
Digital Transformation: A Case Study in Innovation
Natural Cycles epitomizes the digital maturity phase often referred to as "Digirati." The company has successfully integrated advanced technology into its core operations. Besides its groundbreaking algorithm, Natural Cycles utilizes big data analytics to refine its services continually. Its platform efficiently handles vast amounts of personal data, ensuring both accuracy and privacy.
Our analysis also underscores how Natural Cycles utilizes multi-dimensional marketing approaches. From social networks, blogs, press events, and their main website, the company maintains a consistent and engaging online presence. This multi-channel strategy is instrumental in educating potential users, addressing concerns, and converting leads into subscribers.
Customer Relationships: Empowering Women
The very essence of Natural Cycles’ customer relationship strategy is empowerment. By offering a non-hormonal, personalized contraceptive method, the company empowers women to take control of their reproductive health. Emotional wellness, design aesthetics, and accessibility are key pillars here.
This is affirmed by user testimonials highlighting how the app not only delivers functional and quality health solutions but also embodies a life-changing affiliation and sense of belonging. For many, using Natural Cycles goes beyond contraception - it is about regaining agency over their bodies.
Impact and Future Outlook
As of our latest data, Natural Cycles has garnered a substantial user base, with over 1 million registered users globally (source: Natural Cycles). The company’s significant social impact supports its mission to pioneer women's health through passionate research and innovation. Moreover, the potential scope of collaboration with healthcare providers and expansion to new markets stands as a testament to its promising future.
In summary, Natural Cycles represents a perfect amalgamation of science, technology, and empathetic business orientation. Its unique offering of a scientifically-backed, non-hormonal contraceptive method is not just groundbreaking but also life-affirming for millions of women worldwide.
As Natural Cycles continues to grow, it serves as a leading example of how a startup can disrupt traditional sectors by leveraging advanced science and digital prowess. Indeed, the company stands tall as a beacon of innovation in women’s health.
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