Skullcandy is a company based on Utah that provides mostly audio related products like Speakers, Earphones and Headphones. The Company came into existence at 2003 and has been a real sellout in the market right from then. It provides tough competition to its competitors with its high quality products.
Beats, a competitor of Skullcandy is a company that has its headquarters in California. It is a subsidiary of the Apple Corporation. The company was formed in 2006 by the rapper Dr. Dre as Beats By Dr. Dre along with Jimmy Lovine. Audio products is the main product line focus of the company.
As of March 2016, Beats has a higher market share than that of Skullcandy. Beats even has a higher share than that of its holding company Apple. It has a share of 46.1% which makes it the leading market shareholder. Next comes Apple with 25.3% shares in the market. Third ranked is Skullcandy which has a market share of only 9.8% which is quite low compared to the market share percentage that Beats holds. This gives quite a clear picture of over who is leading the market and by how big of a margin that they are doing it.
As Beats holds the higher share in the market that it is only reasonable that they sell their products at a higher price. As people are assured of the quality that is provided and due to the brand name, the product is highly priced. Compared to this, Skullcandy products are quite cheap and are provided at an affordable cost with no compensation in the high quality that they provide. Both companies provide good quality products but it is the market share which mainly determines the pricing and how high or low the price must be set by the companies.
Some Top Notch Products By The Companies
1. Beats By Dr. Dre Solo HD is a great headphone that is to watch out for in the market.
2. Skullcandy Hesh 2 a headphone that is worth every single penny you pay for it.
3. Beats By Dr. Dre Studio is another high quality product that is a favorite in the market.
4. Skullcandy Crusher is one of the top sellers in the market and definitely one to buy.
Both the companies provide great quality products to its customers and is extremely keen to satisfy them. The main thing which separates the two is the Price. If you have some extra bucks to spend, then Beats is the way to go. If you are on a budget but do not want to comprise on the quality, then that is the exact description of Skullcandy. So, the final decision is yours. Whichever one you decide on, do not think twice as these are these two provide the best products you can get.