Marketing has been prevalent in many fields and industries for quite some time, serving as the cornerstone to the growth and/or the failure of many organizations. The range of such companies is massive, ranging from modern TV advertisements for new cellphones to endorsements of designer clothing by movie stars. There are always unexplored territories on the market that are waiting for entrepreneurs to step their foot on, and a lot of successful businesses have grown out of those unknown territories.
Beats by Dre has found a brand new audience for its premium headphones in one of those untapped territories. Beats by Dre changed the view of people on the way they listen to music. The strategy consists of Dr. Dre himself, a renowned artist and rapper, endorsing audio devices in the same way as sports footwear is endorsed by soccer players. As remarkable as it might be, given the diversity of audio companies that were already in the audio industry, Beats By Dre was the pioneer in its own market segment.
Nowadays, Beats by Dre has become a multibillion-dollar giant with audio products selling all around the world with a good reputation. In this article, I will introduce to you what marketing strategy that Beats By Dre has implemented that has brought the brand to its current successful position.