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Audio Equipment Maker JBL Aims to Grow 200% in India in 2019

The company said it would also focus towards voice-enabled platforms, without revealing much details

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Working Out, headphones
JBL E45 Wireless Headphones.

Enough of Bose, Beats or Sennheiser. Audio equipment maker JBL by HARMAN, owned by South Korean tech major Samsung Electronics, is aiming big to expand its footprint in the Indian audio market that is forecast to grow over 15 per cent in 2019.

JBL forayed into the e-commerce sector in August last year by launching its online store. The company is now working towards expanding its retail presence.

The company’s online brand store sells the entire range of consumer products — from headphones and Bluetooth speakers to home and multimedia solutions.

“We will double up on our revenue and will grow by 200 per cent this year in India,” Sumit Chauhan, Vice President, Lifestyle Audio Division at HARMAN India, told IANS.

“You will see that the audio segment in the category that we deal in — headphones, smart audio and connected homes — is slated to grow somewhere around 12-14 per cent. In India, the market is slightly better, growing at 16 per cent against the global forecast,” he added, quoting market research firm Forrester.

The company is also working towards entering the smaller towns. “There is positive expansion happening in the tier III and IV cities. Whether you take data from online players like Amazon and Flipkart, or from offline players like Croma and Reliance, both will tell you that much of their growth in 2019-20 is expected to come from Tier III and Tier IV cities,” Chauhan noted.

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“We are probably the only brand in India where our business split is 50:50. Most of the other brands are skewed, either towards offline or towards online,” added Chauhan.

As part of its strategy to increase penetration into the Indian market, JBL by HARMAN is also working towards collaborating with sports and music brands.

“Under Armour is the fastest-growing fitness brand and has just been launched in India. We are very closely associated with them at global level and will try and bring that synergy here.

“We have co-branded products which are branded as Under Armour and JBL. We would bring those products into India and market them aggressively,” added Chauhan.

The company said it would also focus towards voice-enabled platforms, without revealing much details.

“We have a close relationship with Google on the Assistant side, with Amazon on the Alexa side and with Microsoft on the Cortana side. This would be a key focus in the future,” Chauhan said. (IANS)

Next Story

Uber Launches Campaign for Women and Youth in India

New Uber initiatives to empower women, youth in India

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Uber India
A campaign by Uber will empower youth and women in India. Wikimedia Commons

In a bid to make daily commute safer for women in India, ride hailing giant Uber on Friday launched a new campaign for Uber Auto, which also aims to empower riders with seamless shared mobility solutions.

The company also launched an Uber Moto campaign for youth with convenient doorstep pickup to help them save time from arduous commute and use that time to up-skill themselves.

“At Uber, we’re committed to simplifying the lives of our riders by addressing their everyday challenges through multi-modal mobility solutions,” Manisha Lath Gupta-Marketing Director, Uber India and South Asia, told IANS.

“We believe that our youth have immense potential, however, lack of safe and reliable commuting options often limits their aspirations. In a small yet meaningful way, we are delighted to support the aspirations of millions of men and women to move forward,” Gupta added.

Uber India campaign
The Uber Auto campaign in India is titled as “Badey Iradon Ki Chhoti Sawaari,”. Pixabay

Targeted primarily at women commuters, the cab hailing giant’s Auto campaign, titled “Badey Iradon Ki Chhoti Sawaari,” aims to provide women safe, reliable yet affordable travel options, thus, enabling them to fulfil their aspirations.

Instead of being dependent on friends and family for picking and dropping them, or standing on roads waiting to find a reliable mode of transport, Uber Auto allows women to step out whenever they need to.

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The company’s Moto campaign, titled “Sapno Par Hoja Sawaar” aims to inspire the young working professionals whose aspirations get dampened because they spend long hours commuting and have to change multiple modes of transport to find the most economical option.

Both the campaigns would be seen across digital, print and out-of-home advertising (OOH) platforms, said Uber. (IANS)