Typically when it comes to electronics we always know that the cost of making the product is far less than what we the consumer pays. It has been reported that Dr. Dre’s Beats by Dre headphones cost only $14 to make! These are the same headphones that sell for around $379 for the higher-end models!
Many people have always wondered if they were just paying for the name when it came to the Beats by Dre headphones. Last month TIME magazine ranked Beats by Dre as the second worst headphone brand out in terms of sound performance.
While the quality of the headphones may be under question the brand is a marketing juggernaut. The company owns 27% of the headphone industry and pulled in over $1.8 billion in sales last year.