Contents Introduction 1. Why did we choose Red Bull 2. Executive summary I) Company presentation II) Macro Analysis 1. Market Descriptions 2. PESTLE 3. Five Porter Forces III) Micro Analysis IV) Objectives & Strategy 1. Customer Analysis 2. Segmentation 3. Targeting 4. Positioning 5. Marketing Mix V) Financial Statement VI) Recommendations Conclusion Reference Introduction Red Bull is the leader of the energy drink market. This company created in 1984 by Dietrich Mateschitz performs
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Code: Z0944701 Word count: 1929 Contents page Critical marketing issue One of the main questions that can be emphasized in respect of this case is the approach to the marketing strategy of Red Bull. Does the company still benefit from its non-traditional and “anti-brand” approach or Red Bull needs to change its marketing direction to a more common way? One of the root of this question lies in a statistics of market growth provided in the case study (p.2) which shows its decline in volume
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HAND-IN FORM I certify by my signature that this is my own work. The work has not‚ in whole or part‚ been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged and referenced. If this statement is untrue I acknowledge that I will have committed an assessment offence. Student ID: 77081201 Level of Study: MA Module Title: International Marketing Course Title: MA INTERNATIONAL TRADE AND FINANCE Module Tutor June Dennis
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"We the students of Leadership Theories and Practice have developed transferable life skills applicable to future professional endeavors. Our futures are impacted through improvements in public speaking by master confidence‚ eye contact‚ and the 10 steps to a great presentation. The techniques unearthed through an innovative and creative environment developed strong leadership skills within ourselves and peers through building strong interpersonal relationships‚ to reach the goals set forth. Together
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1. How will you characterize Red Bull’s overall marketing strategy (global‚ glocal or local)? Globalization is the deviation of businesses‚ philosophies‚ or technologies to propagate throughout the world‚ as well as the process of making this happen (SearchCIO‚ 2014). Glocalization is the idea that in a global market‚ when it is customized for the local or culture in where it is sold‚ a service or product is more likely to succeed (Rouse‚ 2013). Localization refers to the adaptation of a product
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Introduction In this case study will discuss the strengths‚ weakness‚ opportunity’s and threats of the Vertu Nokia mobile phone. How well the company did and what the company will do to be completive in today’s changing world of mobile phones. Synopsis of the Situation The situation of the Vertu is how the company can survive in today’s world of technology changes. Nokia manufactures a unique luxury mobile phone by using precious materials such as diamonds‚ sapphires‚ titanium and exotic leather
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How Red Bull woke up the teen market It looks (and tastes) like medicine‚ but it still conquered the soft drinks trade. Now the edgy pick-me-up is moving into the grown-up world of motor racing. John Arlidge reports reddit this John Arlidge The Observer‚ Sunday 5 December 2004 Article history At this time of year fallen leaves shroud the carefully planned suburbs of Milton Keynes. Mist drifts in from the fields. The posh car firms - Mercedes‚ Volkswagen‚ Audi - whose UK head offices ring
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Brand Audit report Red Bull Kenneth Finlay INB 380 global Brand Management Rollins College‚ Fall 2013 Table of contents 1. Background Information 1 1.1 The Brand 1 1.2 Current Industry analysis 2 1.3 Porter 5 Forces 3-4 2. Consumer Analysis 4 2.1 Target markets and segmentations 4 3. Brand Inventory 4 3.1 Brand Elements 4 3.1.1 Brand name 4 3.1.2 Symbols
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Executive summary Red Bull GmbH (Red Bull) is an Austrian company founded in 1984‚ which produces in distributes energy drinks. Between 2003 and 2008‚ before the global recession‚ the energy drink industry had explosive volume growth rates of 17 % on the total market. The primary market‚ North America accounted for a 35 % increase in that period1. However‚ the recession in 2008 caused the growth rates to decrease significantly. Even though the energy market outperformed the general soft drink
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Red Bull Case Analysis  Executive Summary: The Problem: I have been asked to evaluate the marketing strategy for Red Bull. More specifically‚ I have been asked to identify new ways that Red Bull could maintain its leadership position in a maturing category. Although Red Bull did create this market and is a top seller for energy drinks‚ it is now vulnerable to other competitors who have the resources and brand recognition to aggressively compete‚ such as Coca-Cola‚ PepsiCo‚ and Hansen‚ to
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