Beats Acquisition Boosting Apple's 'Coolness' Factor Among Young Consumers

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jun 3, 2014.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    [​IMG]
    Last week, Apple confirmed its plans to acquire Beats Electronics and Beats Music in a $3 billion deal that would bring a successful headphone business and a fledgling streaming music service under Apple's umbrella. While many have pointed to Jimmy Iovine as the acquisition target, Apple may also be using the deal to boost its "coolness" factor among younger users, as suggested in a survey by education technology company Chegg (via Re/code).

    Chegg asked 10,000 students about their experience with Beats and their knowledge of the Apple-Beats merger. While most of the students surveyed were familiar with the Beats brand, only 15 percent had purchased Beats products and a mere three percent had subscribed to the Beats Music service. More than half of the students (60 percent) were aware of the deal with one quarter claiming the deal will make Apple more "cool" and fifty percent believing the acquisition will increase Apple's popularity among students.
    Beats is often criticized as being a bass-heavy fashion accessory and not a true audiophile product, but sales figures reveal that the typically younger consumers who buy Beats are more interested in appearance than audio quality. According to marketing research company NPD, Beats accounts for 27 percent of the $1.8 billion headphone market and more than half (57 percent) of the premium market for headphones with a starting price tag of $100 or more.

    Article Link: Beats Acquisition Boosting Apple's 'Coolness' Factor Among Young Consumers
     
  2. macrumors 68000

    nepalisherpa

    Joined:
    Aug 15, 2011
    Location:
    USA
    #2
    Must have been high-school students!
     
  3. macrumors member

    Joined:
    Sep 24, 2012
    #3
    No one on this site cares about Beats, MacRumors.

    Give it up.
     
  4. macrumors 65816

    Joined:
    Feb 4, 2011
    #4
    I think this says all you need to know about Apple's space in the marketplace these days.
     
  5. macrumors 65816

    Tankmaze

    Joined:
    Mar 7, 2012
    #5
    fashion statement is more important than quality, this is sometimes true with teenagers who uses iphone or mac because its cool. the difference is apple products is superior then any out there :p
     
  6. macrumors 68040

    Orlandoech

    Joined:
    Jun 2, 2011
    Location:
    Salt Lake City, UT
    #6
    You mean, "naive" consumers.
     
  7. macrumors 6502

    Joined:
    Jun 13, 2011
    #7
    Well, only the 15% of them who actually bought those dreaded things, the others are used merely for their favourable opinion.
     
  8. macrumors 68030

    waloshin

    Joined:
    Oct 9, 2008
    Location:
    in my world.
    #8
    Even Mac OSX is getting a kid tastic makeover!
     
  9. macrumors newbie

    Joined:
    Dec 26, 2012
    #9
    If Apple just changed their name to Beats altogether, their coolness factor would be off the charts!
     
  10. macrumors 6502a

    Joined:
    Dec 19, 2011
    #10
    God everything is hipster now. Shoot me.
     
  11. macrumors 68020

    Joined:
    May 23, 2011
    #11
    To each his own, I would never buy beats but I can't deny their success.

    The article does bring a good point, people spend most on music purchases / subscription when they are in their teens to twenties, so if Beats is doing well with that age group, why not?
     
  12. macrumors 6502

    attila

    Joined:
    Oct 11, 2003
    Location:
    London / Stockholm / Under your bed
    #12
    And severs the loyalty factor on regular Apple fans.

    The iPod and iPhone are already cool, we don't need to impress 12 year old ex-Blackberry users.
     
  13. macrumors regular

    Joined:
    Feb 16, 2006
    #13
    How I see this.

    [​IMG]
     
  14. macrumors G3

    Joined:
    May 10, 2004
    #14
    I just ordered some AKG's.
     
  15. macrumors 6502a

    Joined:
    Sep 22, 2012
    #15
    For all the people are rolling their eyes at this, it's actually important... When BB was king, every teenager wanted one because they all used BBM. Regardless of how stupid or irrelevant people think Beats is, if the 'cool' factor sticks you can bet that'll translate to teenagers whining to their parents about wanting a new iPhone which will equal sales.

    If someone refuses to buy Apple just because they bought Beats then they weren't very loyal to begin with.
     
  16. macrumors 65816

    Joined:
    Feb 4, 2011
    #16
    Funny thing is, a lot of people who I speak to (and my own personal experience) is that Bose is exactly like Beats in the audio world - overpriced and purchased by name, not actual quality.
     
  17. macrumors 65816

    m4v3r1ck

    Joined:
    Nov 2, 2011
    Location:
    The Netherlands
    #17
    BAM!!!:cool:
     
  18. macrumors 68000

    Joined:
    Nov 4, 2008
    #18
    I’m after some Sennheiser Momentums.
    When I buy, I tend to make a shortlist with my eyes first and see if I can find something on it that meets my specs.
    I saw the Momentums and knew that if they sounded good they were mine.

    I don’t like the look of a single pair of Beats that I’ve seen but I won’t slate others for their purchases.
     
  19. macrumors 6502a

    Joined:
    May 22, 2012
    #19
    I went for the Senheiser HD 380 PRO myself...
     
  20. macrumors 603

    whooleytoo

    Joined:
    Aug 2, 2002
    Location:
    Cork, Ireland.
    #20
    Looking at the responses on this, and other Beats threads, it might be easy to see why Apple bought Beats.

    It seems the typical Macrumors poster / Mac user really isn't a Beats user/fan. And Apple always wants new users.
     
  21. macrumors 65816

    m4v3r1ck

    Joined:
    Nov 2, 2011
    Location:
    The Netherlands
    #21
    But Kids do grow up and products evolve, that's a fact of life! Patience my friend...
     
  22. macrumors 6502a

    Joined:
    Apr 12, 2012
    Location:
    Canada
    #22
    You can say these customers are shallow or naive, but if anything this is good for Apple.
     
  23. macrumors 603

    roland.g

    Joined:
    Apr 11, 2005
    Location:
    One mile up and soaring
    #23
    Apple needed Beats to boost coolness?

    moo. cattle.

    Let's see Apple makes iPhones, iPads and MacBooks that you see just about everywhere, including in the hands on many many young people. Great design. Stylish. And stuff that works, fairly well at least.

    And Beats makes headphones that look somewhat cool and according to every review I have read underperform for the price point. Look up headphone reviews and you can get better equipment for the same price, or the same or better performance for less in other brands. Beats are not know for superior audio quality.
     
  24. macrumors 6502a

    Joined:
    Jul 3, 2012
    #24
    why they purchased them still beats me
     
  25. macrumors 65816

    m4v3r1ck

    Joined:
    Nov 2, 2011
    Location:
    The Netherlands
    #25
    My ears are gently messaged by the HD 650 Pro ;)
     

Share This Page