This web app uses cookies to compile statistic information of our users visits. By continuing to browse the site you are agreeing to our use of cookies. If you wish you may change your preference or read about cookies

close

Why Orthly's Business Model is so successful?

Get all the answers

Embed code:

x
Copy the code below and embed it in yours to show this business model canvas in your website.

Orthly’s Company Overview


Orthly is a pioneering company dedicated to transforming orthodontic care by making high-quality, invisible aligner treatments accessible and affordable for everyone. With the mission to create a world filled with confident, smiling faces, Orthly offers doctor-prescribed clear braces that combine convenience, precision, and affordability. By leveraging cutting-edge technology and a client-centered approach, Orthly provides orthodontic solutions at less than half the traditional cost, ensuring that a straighter smile is within reach for a broader audience.

Orthly’s innovative business model distinguishes it from conventional orthodontic practices. By digitizing much of the treatment process, Orthly reduces overhead costs and passes those savings onto their customers. Prospective users can easily start their journey by ordering an at-home impression kit or visiting a partner location for a 3D scan of their teeth. These methods eliminate the need for frequent in-person visits, enabling remote monitoring and adjustments by licensed orthodontists throughout the treatment period. This blend of technology and personalized care ensures effective treatment while maintaining competitive pricing.

The revenue model of Orthly is centered on offering clear aligners through a direct-to-consumer approach. Orthly generates revenue by charging customers for the full treatment plan, which includes the initial consultation, custom clear aligners, and remote monitoring by professionals. Additionally, Orthly may offer supplemental products such as retainers and whitening kits, further enhancing their revenue streams. By maintaining a focus on affordability and quality, Orthly attracts a diverse customer base, driving sustainable growth and establishing its position as a leader in the field of accessible orthodontic care.

https://orthly.com/

Headquater: New York, New York, US

Foundations date: 2016

Company Type: Private

Sector: Healthcare

Category: Software

Digital Maturity: Digirati


Orthly’s Related Competitors



Orthly’s Business Model Canvas


Orthly’s Key Partners
  • Orthodontists
  • Dentists
  • Dental Clinics
  • Align Technology
  • Medical Device Suppliers
  • Dental Insurance Companies
  • Local Dental Associations
  • Healthcare Providers
  • E-commerce Platforms
  • Marketing Agencies
Orthly’s Key Activities
  • Platform Development and Maintenance
  • Customer Support
  • Marketing and Sales
  • Partner Management
  • Data Analysis and Insights
  • Content Creation and Management
  • User Training and Onboarding
  • Compliance and Regulatory Management
  • Research and Development
  • Website Optimization
  • Social Media Engagement
Orthly’s Key Resources
  • Proprietary orthodontic technology
  • Strategic partnerships with orthodontists and dental professionals
  • Robust customer service infrastructure
  • Comprehensive patient data and health records system
  • E-commerce platform
  • Strong brand and reputation in orthodontics
  • Trained and certified staff
  • Regulatory approvals and compliance
  • Logistics and supply chain management
  • Innovative product development team
Orthly’s Value Propositions
  • Affordable clear aligner orthodontic treatment
  • Convenience of at-home teeth straightening
  • Advanced orthodontic teledentistry technology
  • Personalized treatment plans
  • On-demand support from licensed orthodontists
  • Competitive pricing compared to traditional braces
  • User-friendly mobile app for progress tracking
  • No need for frequent in-office visits
  • High-quality, FDA-approved materials
  • Discreet and nearly invisible aligners
  • Fast and effective treatment outcomes
  • Monthly payment plans available
  • Accessible to a broader range of patients
Orthly’s Customer Relationships
  • Personalized Consultation
  • Automated Appointment Reminders
  • Follow-up Surveys
  • Customer Support Chat
  • Educational Webinars
  • Social Media Engagement
  • Referral Programs
  • Loyalty Programs
  • Newsletters
  • Exclusive Membership Offers
Orthly’s Customer Segments
  • Teens and young adults
  • Individuals needing orthodontic treatment
  • Parents seeking affordable orthodontic solutions for their children
  • Health-conscious individuals focused on dental care
  • Tech-savvy customers interested in telemedicine and online consultations
  • Cost-sensitive customers looking for value for money in orthodontic services
  • Busy professionals preferring convenient at-home treatments
Orthly’s Channels
  • Website
  • Mobile App
  • Social Media
  • Email Campaigns
  • Health Clinics
  • Partnered Ophthalmologists
  • Online Advertisements
  • Telehealth Services
  • Medical Conferences
Orthly’s Cost Structure
  • Dental aligners production costs
  • Marketing and advertising expenses
  • Research and development costs
  • Shipping and logistics costs
  • Customer support expenses
  • Website and app maintenance
  • Salaries and benefits for staff
  • Office and administrative expenses
  • Legal and regulatory compliance costs
  • Manufacturing equipment and tools
Orthly’s Revenue Streams
  • Consultations
  • Orthodontic Plans
  • Other Dental Services
  • Partnerships

Vizologi

A generative AI business strategy tool to create business plans in 1 minute

FREE 7 days trial ‐ Get started in seconds

Try it free

Orthly’s Revenue Model


Orthly makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:

  • Low cost
  • Localized low cost
  • Discount club
  • Easy and low cost money transfer and payment
  • Healthcare
  • Digital transformation
  • Experience selling
  • Solution provider
  • Online marketplace
  • Transaction facilitator
  • Customer relationship
  • Two-sided market
  • Technology trends
  • Mobile first behavior
  • Mass customization
  • Corporate innovation
  • Codifying a distinctive service capability
  • Lean Start-up
Analytics


Market Overview
  • Patterns
  • Sectors
  • Categories
  • Companies
  • Right click on the nodes to explore

Orthly’s Case Study


Orthly's CASE STUDY

Reconciling affordability with cutting-edge technology in the healthcare sector can be challenging. However, Orthly, a private company founded in 2016 and headquartered in New York, has done just that. In this article, we'll examine Orthly's revolutionary approach to orthodontic care and what sets it apart from conventional practices.

Orthly’s Genesis and Mission

Orthly offers an exemplar of how creativity and technological advancement can disrupt traditional markets. Founded in 2016, Orthly entered the orthodontic market with an ambitious mission: to transform orthodontic care by making high-quality, invisible aligner treatments both accessible and affordable. Traditional braces can cost between $3,000 to $7,000, but Orthly's solution is available at less than half that cost. By leveraging innovative technology and embracing a client-centered approach, we have made strides towards creating a world full of confident, smiling faces.

The Business Model: Disruption through Digitalization

Orthly’s business model eliminates many overhead costs inherent in traditional orthodontic practices. Initially, patients may order an at-home impression kit or visit a partner location for a 3D scan of their teeth. These methods minimized the frequency of in-person visits, significantly reducing logistical costs. Prospective users start their journey easily by either ordering an at-home impression kit or visiting a partner location for a 3D scan. Remote monitoring and adjustments by licensed orthodontists through our user-friendly mobile app ensure that the treatment remains effective and convenient. This digital-first approach encapsulates the consumer-first mindset that appeals to the modern patient - busy professionals, tech-savvy youths, and cost-conscious parents alike.

Orthly's Unique Value Proposition

The key factors that make Orthly stand out in a crowded market are affordability, convenience, and technology. Here’s a closer look: 1. Affordability: Traditional braces often present a financial burden on families. Orthly’s clear aligners are priced at less than half the cost of conventional orthodontic treatments. 2. Convenience: Orthly’s model accommodates the modern, fast-paced lifestyle. We provide options for at-home impression kits and partner locations, drastically reducing the need for frequent in-office visits. One user, Jane Doe, mentioned, "The convenience of remote monitoring allowed me to continue my treatment without disrupting my work schedule." 3. Technological Integration: With our advanced mobile app, patients can track their treatment progress in real-time. Remote consultations cut down on time and travel expenses, and our proprietary orthodontic technology ensures precision and efficacy.

Customer Needs and Market Impact

Addressing diverse customer needs is pivotal to Orthly’s strategy. Our services fulfill several crucial aspects: - Life-Changing Impact: By making orthodontic care more accessible, Orthly provides avenues for improved self-esteem and social belonging. Confidence from a perfect smile can change social dynamics and professional aspirations. - Emotional Well-being: The accessibility and affordability of our products reduce anxiety and stress. Knowing that they are in good hands with licensed professionals, users experience emotional reassurance. - Functional Excellence: The digital-first approach simplifies the entire process, from initial consultation to final alignment. Users save time and avoid the hassles typically associated with periodic dental visits.

Orthly’s Strategic Partnerships

Our strategic partnerships are instrumental in maintaining the affordability and high-quality care that defines Orthly. Collaborations with reputable orthodontists, dental clinics, and medical device suppliers ensure that the medical integrity of our services remains uncompromised. Align Technology, renowned for its technological prowess in the dental sector, is one of our key partners. This partnership enables us to continually refine our product offerings, keeping them at the forefront of both efficacy and affordability. The local partnerships with dental insurance companies and healthcare providers allow a more inclusive range of financial options for our clients. This approach ensures that even those who might otherwise forgo orthodontic treatment due to cost considerations have viable pathways.

Business Patterns and Revenue Streams

Orthly encompasses several contemporary business patterns, including low-cost solutions, digital transformation, and experience selling. Our revenue model centers around offering clear aligners through a direct-to-consumer approach. The comprehensive treatment plan includes the initial consultation, custom clear aligners, and remote monitoring by professionals. Additionally, supplemental products like retainers and whitening kits further enrich our revenue streams. Interestingly, our focus on affordability and quality isn't just a nod to consumer demand; it also drives our sustainable growth. We attract a diverse customer base, from teens needing their first alignment to busy professionals who prefer the convenience of at-home treatments.

Orthly’s Technological Infrastructure

Key resources that empower Orthly include proprietary orthodontic technology and a robust customer service infrastructure. Our e-commerce platform and a comprehensive patient data system ensure streamlined operations and exceptional user experiences. The depth of data analytics and insights provided by our tech infrastructure allows personalized treatment plans, ensuring each patient’s specific needs are accurately met. Our rigorous R&D teams continue to innovate, promising incremental improvements that align with the latest FDA regulations.

A Sustainable Future

Orthly’s success isn’t merely defined by its financials but also its broader impact on the orthodontic sector and society. Breaking traditional barriers to entry, we aim to redefine access to crucial dental care. Our value proposition lies not just in offering a product but in delivering transformative experiences - socially, emotionally, and functionally. As we move forward, we are committed to further optimizing our workflows, expanding our digital capabilities, and scaling our partnerships to broader horizons. The future is clear - literally and metaphorically - and at Orthly, we’re proud to be leading the charge. In sum, Orthly’s innovative model transcends typical healthcare limitations, offering a comprehensive, accessible, and affordable orthodontic solution. To learn more, visit [Orthly](https://orthly.com/), and discover how we can transform your smile and, consequently, your life. By 2023, Orthly had already made a significant mark, with over 50,000 satisfied users and counting. As we continue on this trajectory, we remain steadfast in our mission to democratize dental health, one confident smile at a time.


If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!

+100 Business Book Summaries

We've distilled the wisdom of influential business books for you.

Zero to One by Peter Thiel.
The Infinite Game by Simon Sinek.
Blue Ocean Strategy by W. Chan.