Marketing Strategy of Boat making the sound of success

 It takes years for a brand to reach its growth stage and achieve its goals. However, with a solid marketing plan, a brand might outperform its aim and reach unprecedented success.

As you can tell by the headline, we're talking about Boat.
Nirvana is an Indian consumer electronics brand.

Aman Gupta and Sameer Mehta launched the consumer electronics firm in 2015. Boat rose to the top of the Indian consumer electronics industry in just five years. Today when a client seeks for earbuds or headsets, Boat is the brand they don’t miss. Customers love the brand so much that in its fourth year, it developed a community of 800,000 customers, which is still growing.

Boat's revenue has surpassed 500 crore in fiscal 2020. The most surprising aspect of the brand's sales development is that Boat exceeded the predicted revenue FY21-22 in 2020.
Boat's excellent performance merits a standing ovation. However, we should also discover how the organisation performed very effectively.
It is due to Boat's effective marketing approach. In this essay, we will look at the marketing approach that helped Boat sail to success.

The Marketing Strategy of Boat

Boat's marketing plan sounds like music to many ears. Prior to the brand's revolution, earbuds and headphones were simply supplemental goods that came with mobile phones.
Boat has seen a surge in demand for its products in recent years. Let's find out what techniques Boat uses to fuel its explosive expansion.

Selling electronic products like accessories

Earphones and headphones were offered as electrical devices before to 2014. When acquiring such a product, the design components were unimportant. Customers' attention was drawn to design components gradually. What Boat is doing, though, extends well beyond design. It markets its headphones as a fashion item.

Boat not only sells its product as a fashion item, but it also collaborates with people in the fashion sector. At Lakmé Fashion Week 2020, boAt worked with celebrity designer Masaba Gupta to produce a limited-edition line of lively headphones. They have collaborated to produce a range of items aimed at the millennial market, reintroducing the disco look of the 1970s.

That is how Boat's design strategy operates. Boat is a trendy electronic item, not merely an electronic object. It has become an accessory for its clients, making them seem better while carrying them. One of its most famous earphone designs is the boat Bluetooth headphone that hangs around the neck. Who would have guessed that headphones could be worn as a fashion accessory?

Additionally, its design characteristics make it more convenient for clients.

Premium Quality at an affordable price

Customers like it when they can acquire a high-quality product at a reasonable price. Most high-quality earbuds and headphones are prohibitively expensive, but not in Boat's case. Boat's marketing strategy includes providing long-lasting audio devices at a reasonable price.

That is even Boat's approach in order to compete with competitors like as JBL, Sony, and others. Furthermore, the low pricing supplied by Boat led its competitor JBL to lower its costs.

The product's durability is one of the reasons behind Boat's enormous success. Furthermore, the quality of audio goods offered by Boat is only anticipated from premium manufacturers. Customers are drawn to the brand because of its longevity and reasonable cost.

Celebrity Endorsements

It might take years for a company to gain endorsements from well-known celebrities and personalities. However, when a brand is performing well, it is only a question of time. Boat has a plethora of brand ambassadors.

Cricketers Shikhar Dhawan, Hardik Pandey, and KL Rahul, as well as actors Jacqueline Fernandez, Kiara Advani, Kartik Aryan, and others, endorse the brand.
When a brand is associated with music, it should have ambassadors from the music business. Boat's brand ambassadors are two of the music industry's top names, Neha Kakkar and Diljeet Dosanjh.

Boat is a new brand in the market, but many other electronics brands have already established themselves.

Innovations

Boat demonstrates how to reinvent a product category in several ways. Boat's marketing strategy also includes ongoing innovation throughout its product line. Boat continues to provide new items to the market and attracts customers' attention.

Boat sells a variety of earbuds and headsets, including wireless, Bluetooth, and Airdopes. Its product line contains all of the latest innovations.

Customer connect

Boat understands how to communicate with its consumers. When it comes to selling a brand, offering good items at a reasonable price is insufficient. Boat additionally cultivates consumer relationships. Boat has dubbed its devoted consumer base the boAT Heads.

Customers are the heart of every marketing strategy, and the best marketing plan places the greatest emphasis on them. It also uses constructive feedback from its boAT heads community to develop new products and improve existing ones. Boat has built client loyalty, which has allowed it to grow its customer base from 0.8 million in 2018 to 2 million by 2020.

Event Marketing

Boat also uses an event marketing approach to promote its brand at a variety of events. Event marketing is an excellent approach to promote a business to a big audience, and Boat takes advantage of the most well-known events to exhibit its brand.

What’s Next in the marketing strategy of Boat?

Boat is making rapid progress and intends to become a market leader in completely wireless earphones. It also intends to pay more attention to its consumers' evolving needs and offer them new items. Technology is the most powerful motivator of change, and Boat intends to achieve that change through its audio products.

 

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