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Skullcandy products are known for their bold designs, durable construction, and affordable prices.
Skullcandy targets sports enthusiasts and general consumers.
They offer a good combination of quality, style, and affordability.
Brand values:
Adventure
Style
Affordability
Durability
Innovation
COMPETITION
SONY
BOSE
BEATS BY DR. DRE
SENNHEISER
Skullcandy differentiates itself from its competitors by offering a combination of
bold designs, durable construction, and affordable prices and by targeting outdoor
action sports enthusiasts and general consumers, which gives it a unique niche in
the market.
The company preferred to just beat the market with greater products.
SWOT Analysis:
Strength:
Y-o-Y Sales growth
Popularity among the youth
Innovative designs
Supply Chain Management
Proactive decision maker
Weakness:
Small Target Audience
Marketing via Sports channel
Competition with bigger brands such as
Beats, Sony, Bose etc
Competitors pricing
SWOT Analysis
Opportunities:
Social Media as a marketing platform
Sponsorships , Trade Shows, In-store
Advertisement
Highly innovative
New product development team
Threats:
Time lag between patent application & patent
granting
Beats by Dr. Dre was acquire by Apple
Competition from traditional headphone
brands
SKULL CANDY- MARKETING STRATEGY
• Target Market: Young, active consumers who are
looking for stylish and durable audio products.
• Marketing Channels:
Innovation:
Committed to innovation and regularly introduces new products and
features
For example, Skullcandy recently introduced a pair of headphones that
are sweat-proof and water-resistant. This makes them ideal for use
during sports and other activities.
Sustainability:
Committed to sustainability and has a number of initiatives in place to
reduce its environmental impact.
The company uses recycled materials in its products and packaging,
and it has a goal of becoming carbon neutral by 2025.
Skullcandy Distribution
Task description
Future of Skullcandy
Aggressive Expansions
Diversified Portfolio
Focus on Profitability
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