‘We Do Not Want to Be Inaccessible’: Boult Co-Founder Varun Gupta on Premiumisation & Growth
by gauravsinghigcTags : Boult co-founder interview, Varun Gupta Boult, Boult premiumisation, Boult growth strategy, Indian audio brands, wearable tech market, Boult expansion plans | Published at : 20 Feb 2025 05:05 AM | Author : Gaurav Singh (gauravsinghigc)
Boult co-founder Varun Gupta shares insights on the brand’s premiumisation strategy while maintaining affordability. Learn how Boult plans to grow in the competitive wearable tech market.
KNOW MORE🎧 Boult Co-Founder Varun Gupta on Premiumisation, Global Expansion, and Responsible Tech
At the launch of its latest smart audio devices, Boult co-founder Varun Gupta shared the company’s vision for innovation, premiumisation, and global growth. Unlike competitors focusing on luxury pricing, Boult is committed to delivering “accessible premium” audio solutions.
🚀 Boult’s Vision: Quality Over Marketing
During the product launch event in collaboration with Ford Mustang, Varun Gupta emphasized that Boult is a product-first company, not a marketing-first company. He clarified, “We’re not a marketing platform; we’re a brand that builds innovative products with real consumer value.”
⚡ Premiumisation Strategy: What Sets Boult Apart?
Unlike competitors introducing overpriced flagship models, Boult is taking a different route. The company is focusing on enhanced product quality and technology upgrades without making devices unaffordable.
- Balanced Pricing: Boult aims to increase premium features by 30-50%, not by 500%.
- No "Vanity Partnerships": Unlike brands selling exorbitantly priced luxury models, Boult wants to maintain mass appeal.
- Genuine Collaborations: The Ford Mustang collaboration goes beyond branding—Boult worked directly with Ford’s USA design team.
🎨 Boult x Ford Mustang: A True Design Collaboration
The Boult x Ford Mustang collaboration is not just a branding exercise. Boult worked closely with Ford’s USA design team to incorporate Mustang’s legacy and aesthetics into the product lineup.
🔹 Key Design Elements Inspired by Mustang:
- Signature Stripes & Colors: Iconic Ford Mustang color schemes integrated into Boult’s new audio devices.
- LED & Texture Details: Custom-built LED accents and grill texture matching Mustang’s sporty appeal.
- 1+ Year Design Process: The entire development took over a year, including eight months of fine-tuning product quality, finish, and packaging.
📉 Audio Market Challenges & Boult’s Profitability
Gupta pointed out that the smart audio industry is experiencing stagnation. However, while competitors are losing money, Boult has remained profitable.
Brand | Market Status | Profitability |
---|---|---|
Boult | Expanding product range | Profitable |
Competitors | De-growing & facing losses | Unprofitable |
🌍 Global Expansion: Boult’s “Make in India” to “Make for the World” Strategy
Boult is now focusing on expanding its global footprint. According to Gupta, the company has successfully executed a three-stage growth strategy:
- Phase 1: Make in India – 99% of Boult’s products are manufactured in India.
- Phase 2: Make for India – Optimizing designs and technology for Indian consumers.
- Phase 3: Make from India for the World – Expanding internationally.
🌏 Boult’s International Markets:
- United Kingdom
- Nepal
- Upcoming Expansion: Southeast Asia, Europe, and the USA
📊 Challenges of Going Global
Gupta highlighted the challenges Indian brands face when expanding internationally:
- Higher ASPs (Average Selling Prices): Developed countries have higher pricing expectations.
- Regulatory Hurdles: International markets require strict certifications & licensing.
- Consumer Expectations: Higher demand for premium quality & after-sales support.
🔊 Responsible Technology: Boult’s Commitment to Safe Audio Devices
With growing concerns over the health impact of noise-canceling headphones, Boult is prioritizing safe listening. Gupta emphasized:
- Safe Sound Levels: Boult ensures volume limits that do not damage hearing.
- Magnetic On-Off Features: Neckbands with automatic power off to prevent prolonged exposure.
- Over-Voltage Protection: Safety measures to prevent device overheating & battery risks.
🏪 Offline Expansion: Over 3,000 Retail Locations
Boult is rapidly expanding its offline presence to strengthen brand trust and legitimacy.
- Presence in 20+ Indian states.
- 3,000+ Points of Sale (POS) across India.
- Integrated online & offline strategy: Seeing a product both online & in stores increases consumer confidence.
🔮 Future Plans: Boult’s Focus on Expansion Over Diversification
Unlike other brands chasing aggressive diversification, Boult is focusing on strengthening its core categories. Gupta revealed:
“Rather than launching too many categories, we’re going deep into existing product lines.”
📦 Key Categories for 2025:
- Home Audio (Speakers & Soundbars)
- Dash Cameras (For security & travel)
- Power Banks (High-efficiency portable charging)
📢 Final Thoughts: Boult’s Road Ahead
Boult is redefining the Indian smart audio market with an **accessible premium** approach, **global expansion**, and **responsible innovation**. With a strong **“Make in India” to “Make for the World”** vision, the brand is set to compete in international markets.
🔹 Key Takeaways:
- Boult is profitable while competitors are struggling financially.
- Premiumisation at a fair price (30-50% increase, not 500%).
- Global expansion in UK, Nepal, Europe & USA.
- Responsible tech with hearing safety & quality-first designs.
- Offline retail presence in over 3,000 stores across India.
Boult is no longer just an audio brand—it’s evolving into a full-fledged smart device company. Stay tuned for more updates!
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