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Audionic Marketing Report Complete
Audionic Marketing Report Complete
Hammad-Ullah Shaikh
B.P.A. 2 Year
nd
Principles of Marketing
March 15 ,2021
th
Submitted to :
Ma’am Saima Mallick
Audionic Marketing Report
Purpose of the Study.
The purpose of the report is
a. to see why Audionic Products are liked more or liked less by the customers in Pakistan
what are the reasons behind its likeliness amongst the customers.
b. To identify What brands or marketers affiliated with the brand should do to increase its
business (Sales)
Introduction
Audionic – The Sound Master is one of the most iconic business divisions of Dany Technologies
which is providing superior products for music lovers from over a decade. Audionic is a well-
known brand in the sound industry since 2003.
Target Audience
Audionic has intelligently made Market Segmentation of Mass Market. The Audionic’s market
segmentation splits the mass market into different categories or groups or sections, because of
different attributes of the buyers or audience. There are 3 different types of Market
Segmentation Audionic follows which makes it accessible to more people.
1. Geographic Segmentation: Audionic’s Geographic segmentation is based on the regional
level. It can be fragmented by city, province or even town or neighborhood. So, Audionic
advertised wireless air buds in urban areas mostly and in big cities like Karachi, Lahore in etc.
but in rural areas and small towns. It promoted and localized normal wired headphones only.
2. Demographic Segmentation: Audionic Demographically Segmented the Socio-Economic
classes generally found in our society. The segmentation was made on such demographic factors
which distinguish the classes based on lifestyle, social class, age or gender. Audionic’s target
audience is Upper Class and Middle Class according to the income of the two classes, the
product is targeted at people of age 15 to 50 years.
3. Psychographic Segmentation: Audionic targeted music lovers and enthusiasts, who want to
enjoy the music in its entirety but can’t afford to buy expensive products. To attract the religious
groups, Audionic made mehfil speakers which target religious people’s psychology and interest,
for speaker use for religious occasions and prayers.
Product Portfolio
- Mehfil Speakers
- Normal Speakers
- Portable Speakers
- Bluetooth Speakers
- Trolley speakers
- wired Headphones
- Skull candy Headphones
- Bluetooth headphones
- Wired earphones
- Wireless Earbuds
- Home Theaters
Extension Strategy
As Audionic is still in its maturity stage it isn’t declining, so they don’t use extension strategy to
keep product on the shelves.
Pricing Technique
There are many pricing techniques that are used in the market, but Audionic follows some of the
pricing techniques.
- Competition based Pricing: Audionic follows this type of pricing because the
substitutes of Audionic products are available in the market, but Audionic itself is the
market leader. It follows the pricing the whole market follows.
- Market-Based Pricing: Audionic follows some of the market-based pricing techniques
given below;
Price Discrimination: Audionic follows price discrimination by selling the same
product at different prices to different customers. Like speakers, wired headphones
and Bluetooth speakers
Dynamic Pricing: Audionic uses dynamic price strategy during cricket tournament
like world cup, PSL, Asia Cup. Where most people like to watch matches on big
screens with loud sounds on speakers
Promotion Mix
Audionic also uses different ways of promotion to increase the sales of production and to reach
out potential as well as target market. Audionic follows both basic types of advertising which is
“Above the line Promotion” and “Below the line Promotion”.
Above the line Promotion: Audionic uses above the line promotion such as Television
Commercials, or Print Media like newspaper, billboards and magazines or Radio Advertisement
to reach target audience as well as potential audience which doesn’t fall in the target audience
category but might buy the product. The cost of this type of promotion is very high. There are
two types of above the line promotion, Informative and Persuasive. Audionic focuses on
Persuasive Advertisement.
Persuasive Advertisement: Audionic uses this Advertising technique to
communicate with target audience to persuade them to buy audionic. For this
purpose, Audionic uses sentimental values, emotional strings etc. like cricket
scenarios in the Television Commercial Advertisement to attract cricket fanatics to
buy home theater or big speakers. To influence religious people it endorses Hafiz
Ahmed Raza Qadri a religious personality, and incorporates religious thematic for
mehfil speaker’s sale. Audionic has put up billboards, all over country. It has
magazines printing its Advertisements print in a designated section. Or on
newspaper. Radio Commercial play the Audionic Advertisements during Breaks.
- Musical: Audionic’s famous jingle during world cup “Come on, Come on. Let’s play
Pakistan” used musical message technique
- Humor: Fahad Mustafa 2017 Television Commercial “Hila ke rakh de” uses humor
message technique
- Life style: Focuses more on Cool Teenage, more energetic teens and youth showcased in
its early advertisements before 2017.
- Slice of Life: Audionic Blue Tune-750 Television Commercial, shows friendship of
friends and all the fun side of friendship
- Endorsement: Celebrities like Fahad Mustafa, and religious personality like Hafiz Ahmed
Raza Qadri
Below the Line Technique: Audionic does use below the line technique of Promotion to reach
out potential and target audience by being a part of short activities.
- Sales Promotion Technique: This technique is used by Audionic to increase demand of its
products by involving in small activities
Price Deals: There’s actively an “Azadi Sale” going on which is giving 50% off on all
products till 14th –August-2020
Points of Sales Display: There are Banners of Audionic in University Canteens, Near
Offices, and standee’s in shopping malls and department stores.
Dump Bins: Audionic has Dump bins assigned at retailer like a super market where all the
Audionic products are stacked.
Buy 1 Get 1 Free: Audionic had a deal in 2018 where if a customer buys a Bluetooth
earphone for Rs. 1650/- The other Bluetooth earphone is free
- Trade Fairs: Audionic participates in Expo and Electronic and Media Exhibitions at
different Events and promotes Audionic by telling audience about the product they are
selling
- Sponsorships: Audionic has sponsored numerous events, like Islamabad United in PSL,
Atif Aslam concert, and the Enigma event in I.B.A. University.
- Personal Relations: A Famous Tech YouTube Page named “Video Wali Sarkar”
promotes Audionic, Audionic sends the review blogger/ YouTuber free products, and
asks them for positive reviews.
- Packaging: Audionic mostly uses their logo color scheme on their packaging, which is
black, red and multi-tone grey color for speakers. The product is in carton box with
images of speaker model on it. The product is protected by plastic covering on the main
product and its accessories. For headphones it uses white and black packaging with red
tone usually on the box with product image. The headphones are placed in a plastic
container inside.
Most importantly Audionic has integrated marketing mix which helped in increase in sales of its
product. This is how Audionic integrated marketing mix
These are some of the suggestions that audionic can follow to help increase sales of their
Audionic products.