Red Bull Stratos Project by Mihaly Kiss Project Management Dr. Patricia Nemeth The need for the project The purpose of the Red Bull Stratos mission is to transcend human limits. Supported by a team of experts Felix Baumgartner ascended to 128‚100 feet in a stratospheric balloon and made a freefall jump rushing toward earth at supersonic speeds before parachuting to the ground. His successful feat on Oct. 14‚ 2012 holds the potential to provide valuable medical and scientific research
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Business Study Mr. Q 9/5/2012 Red Bull Red bull mainly sells energy drinks to the public. They also do sponsors for the contests to promote their brands. It is always said in the advertisements‚ “Red Bull gives you wings.” Dietrich Mateschitz is the CEO and founder of the Red Bull. He gets $5 billion per year for Red Bull and is a very successful entrepreneur. Red Bull’s cans are supplied by Rexam. Rexam is the world’s biggest supplier of beverage cans. Red Bull is packaged in very small size
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strategy of Redbull in Pakistan were based on— or rather for— a very specific type of consumer. So our first task (in order to understand this consumer type‚ as well as the dynamics of Redbull’s marketing strategy) was to review the nature of the product‚ and establish a consumer profile for it. Redbull is an energy drink‚ developed specially for periods of increased mental and physical exertion in humans. It aims at increasing performance‚ concentration and reaction speed in order to improve
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purchasing Red Bull products is 18-25 year old male and females interested in extreme sports‚ an extreme lifestyle‚ and an extreme energy boost. Our team feels that there is a need to market to 18-45 year old male and females interested in more mainstream health and fitness. For example‚ those who are members at gyms and fitness facilities‚ eat healthy‚ and live an active lifestyle. We do not feel as if the Red Bull Total Zero has fully marketed to this demographic. By marketing Red Bull Total Zero
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{draw:rect} {draw:rect} {draw:rect} {draw:rect} CASE STUDY REPORT RED BULL Table of Contents {text:bookmark-end} {text:bookmark-start} Executive {text:bookmark-end} summary: Additional points this paper discuses is the marketing program of Red Bull and how it depend mainly on Buzz advertising. The brand extension of Red Bull is an interesting point because it developed some products under its parent drink. Low sugar drink for example. The last point was about the advertising
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Executive Summary Red Bull is the pioneer in the energy drink category worldwide. Founded in 1984 by Dietrich Mateschitz in Austria‚ the product was formally launched in 1987. Mateschitz originally became aware of products called “tonic drinks”‚ which enjoyed wide popularity in Asia. He brought this effective product in Austria and developed a unique marketing strategy. The drink mainly targets young students and urban professionals. It is exclusively produced in Austria and then distributed around
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Company Overview Red Bull‚ founded in 1984 by Deitrich Mateschitz and Chaleo Yoovidhya‚ is headquartered in Austria. In 2006‚ Red Bull generated over 2‚6 billion (euros) in 2006 throughout the world with the help of its ’ 3‚903 employees. The origin of Red Bull dates back to 1962 where the original formula was developed by Chaleo Yoovidhya‚ a Thai businessman‚ and sold under the name Krating Daeng by a local pharmaceutical company to treat jetlag and boost energy for truck drivers. The
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segments for Red Bull and how are they positioned towards these target segments? 2. Analyse the Red Bull brand using any frameworks you judge appropriate. 3. Comment upon Red Bull’s pricing approach 4. Evaluate Red Bull’s distribution channel strategy 5. Would you describe Red Bull as a national‚ a European or a global brand – give reasons? 6‚ What marketing strategy would you recommend that Red Bull should adopt over the next 5 years? Who are the principal target segments for Red Bull and how
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Attitude…………………………… 5 4.Reference Groups………………… 7 5.Conclusion………………………....9 6. References………………………..10 Introduction: Red Bull GmbH is a global enterprise‚ which produces the brand Red Bull-an energy drink. An entrepreneur Dietrich Mateschitz founded the company Red Bull GmbH in 1984 after encountering the original drink called Krating Daeng (indirectly translates to Red Bull) in Thailand. The drink is an energy booster‚ which increases attention and concentration and also incentivizes your metabolism
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Online marketing : The Red Bull case Content Introduction A closer look at Red Bull’s strategy Red Bull’s customer base Red Bull’s strategy Red Bull marketing strategy Red Bull’s online marketing Leveraging the use of Internet and social media When Red Bull tends to cross the line How get Red Bull become even better? Appendices Bibliography Introduction : short review of Red Bull’s history 1 While travelling in Asia‚ the autrian business man and
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