Financial Evaluation Of Beats By Dr. Dre Essay

1409 WordsDec 4, 20166 Pages
For my final essay, I am going to discuss the financial evaluation of Beats by Dr. Dre. Beats by Dr. Dre was founded by music producer and rapper Dr. Dre along with business partner Jimmy Iovine from Interscope Geffen A&M Records chairman in 2006 with the leading audio headphones on the market. The company has created a range of models of headphones and speaker that are now integrated into vehicles. The company has brought on celebrity sponsors to advertise and join the team with their creating like JustBeats by Justin Bieber to PowerBeats by LeBron James. There audio products allow listeners to have a musical experience with the capability of hearing songs as it is being played from the recording studio tracks. This brand has managed to outgrow the existing and established manufacturers of these devices by systematically creating the need and desire within a person to acquire these. Beats by Dre has teamed up with partners like Best Buy and Apple to retail their headphones along with the official website Beats by Dr. Dre. Through these retail stores you are able to find headphones products and prices. Some the of these produces are: Beats Solo ($199.95) Beats Executive ($299.95) Beats Studio ($299.95) Beats Studio Wireless ($379.95) Beats Pro ($399.95) Urbeats ($99.95) Beats Tour ($149.95) PowerBeats ($149.95) Beats by Dre has now introduced a whole new generation of products that provide a premium sound. Their products continue to grow and be a successful organization.

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