preview

Dr. Dre 's Marketing Strategy

Decent Essays

In terms of challenges, Beats have been applauded for their great marketing strategy, but criticized actually for the quality of their product and the tangible benefits that it provides. If Beats’ competitors were able to capitalize better on marketing strategies similar to Beats, but offering superior product (such as Bose headphones), they are going to be able to compete or overtake Beats. In the long term, Beats might face challenges expanding outside the United States. The specific marketing strategy they pursued in that market, capitalizing on the celebrities advertising and strong graphic presence in social media will need to be redefined for specific markets. Right now, Beats are basically still unknown in Europe.

b.) Dr. Dre should expand its product portfolio in audio industry including as portable and wireless speakers, co-branded smart phones or music streaming services. Dr. Dre could expand by forming by allying itself with companies that provide any audio features, including laptops, cars, tablets. In other words, Dr. Dre should align itself with any company produces sound, creating the association of good quality sound, no matter where it coming from, laptop, car or headphones, with Beats.

While the streaming music industry is very competitive right now, Dr. Dre has points of difference that allow him and his products to stand out. The brand had been already succeeding thanks to the strong brand recognition and association due to celebrities endorsements,

Get Access