"Target Market Segmentation Of Red Bull" Essays and Research Papers

  • Target Market Segmentation Of Red Bull

    Red Bull has identified the best target market for its product at behavioral segmentation. Red Bull was set up by Mr. Dietrich Mateschitz and Mr. Chalerm Yoovidhya in Austria since 1984. It took another three years to adapt the blue-collar drink to appeal to a completely different market – initially, skiers and mountain snowboarders. Red Bull is non-alcoholic energy drink which adding only carbon dioxide, while retaining the original Thai ingredients of B-vitamins, caffeine, sugar, and the amino...

    Caffeine, Coca-Cola, Dietrich Mateschitz 974  Words | 3  Pages

  • Red Bull

    1. What segmentation base has Red Bull adopted to target customers? How should Red Bull further segment the market in the future? The concepts of market segmentation are fundamental to the success of firms’ marketing efforts. Kotler and Armstrong (2004) provide a useful definition: “Dividing a market into distinct groups with distinct needs, characteristics, or behavior who might require separate products or marketing mixes” (239). Segmentation is important because firms cannot appeal to all...

    Advertising, Caffeine, Dietrich Mateschitz 903  Words | 3  Pages

  • Red Bull

    Introduction: Red Bull can be called as a pioneer in the energy drink category worldwide. Red Bull was founded by Dietrich Mateschitz and officially launched in 1987. In Hong Kong, Red Bull energy drink has been available since 1999. Red bull Energy Drink has been developed for people who want to have a clear and focused mind perform physically, are dynamic and performance-oriented whilst also balancing this with a fun and active lifestyle. [pic] [pic] [pic] [pic] [pic] [pic] ...

    Caffeine, Dietrich Mateschitz, Energy drink 1402  Words | 5  Pages

  • Red Bull

    you characterize Red Bull’s overall global marketing strategy (global, glocal or local)? Ans 1 – It is my opinion that Red Bull has a global marketing strategy which it implements in all the markets in enters into. Red Bull has built its name as a trendy energy drink, catering to young adults (aged 16-29), young urban professionals and post secondary school students. Also it targets young club-goers and private parties to spread its name as an active and stylish drink. Red Bull believes that it...

    Coffee, Energy drink, Global marketing 1115  Words | 3  Pages

  • Red Bull

    Red Bull 1. INTRODUCTION The aim of this assignment is to select an organisation and discuss how the macro environment has influenced its marketing decision making, for the at least 12 months, and how it is likely to influence its future decision making in the first part. In the second part this study will also need to use the same organisation and discuss how the marketing mix is used by the strategic to gain competitive advantage in its chosen sector against their major competitors. The main...

    Caffeine, Coca-Cola, Energy drink 1692  Words | 5  Pages

  • Red Bull

    Q1: Explain how Red Bull has been able to arouse and activate the consumer decision-making process. Initially, Red Bull made consumers realize that they need this kind of energy drink by physiological arousal. For blue-collar in Thai such as taxi and truck drivers, they usually have to combat mental and physical fatigue that are their bodily needs at that moment. Red Bull used and interprets these physiological cues to arouse related needs about energy drinks. After consumers recognized...

    Advertising, Brand, Caffeine 1134  Words | 3  Pages

  • Marketing Plan of Red Bull

     PRESENTED BY GROUP MAster Minds Executive Summary Red Bull counts to the category of soft drinks. It is a non alcoholic stimulation drink with a totally unique formulation and effect. It gives stimulation and revitalises the body after exertion and enhances mental and physical performance. Red Bull is to be used and not drunk. Red bull consists of  two natural substances and important metabolic transmitters- the amino acid taurin and the glucuronolacton – with stimulating...

    Caffeine, Coca-Cola, Dietrich Mateschitz 1706  Words | 5  Pages

  • Summary Red Bull

    in high demand and highly sought after. Red Bull has a mission- and that is to “give wings to people and ideas”. Red Bull has a marketing mix that is pretty consistent with that of other energy drink companies in the industry. The price is very affordable- and often the product is on sale with a quantity discount at any gas station or grocery store. It is available in bulk as well, where the customer would receive a cost break as well. The “place” Red Bull is available makes it easy to attain- which...

    Caffeine, Energy drink, Energy drinks 819  Words | 3  Pages

  • Red Bull Case Study

    RED BULL CASE STUDY Q1. How will you characterize Red Bull's overall global marketing strategy? Red Bull has built an image as a trendy energy drink, catering to young adults and young professionals between the age groups of (16-29) years. It also targets young club-goers and private parties in order to spread its picture as a stylish drink. It also believes that it is not just selling a beverage, but instead it is selling a ‘way of life’. Red Bull also uses a catchy slogan as ‘Red Bull gives...

    Brand, Caffeine, Coffee 1156  Words | 3  Pages

  • Red Bull Case Study

    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...

    Caffeine, Carbonated water, Coca-Cola 1942  Words | 6  Pages

  • Red Bull

    Currently Red Bull is targeting 16-29 year old young urban males, which is a limited market. Expanding the targeted market to other segments of the population would be a prolific move for Red Bull, expanding its horizon. The slogan “Red Bull gives you wings” is directed towards young people with active lifestyles interested in extreme sports and challenging recreational endeavors. It’s being marketed to combat mental and physical fatigue and to improve performance when it comes to sport, work, study...

    Caffeine, Energy drink, Extreme sport 1897  Words | 5  Pages

  • Red Bull Energy Drink

    Red Bull can be called as a pioneer in the energy drink category worldwide. In India too, Red Bull was the brand that created the energy drink category. * The brand came into existence in 1984. * The brand came to India in 2003. Although the brand has been keeping a low profile compared to the Cola majors , Red Bull has created a category of energy drinks in the Indian market. 4. Contd. * According to Economic Times ( 30.05.08) the energy drink market in...

    Brand management, Caffeine, Energy drink 1598  Words | 7  Pages

  • Red Bull report

     Red Bull The selected product for the assessment report is Red Bull. First of all I’m going to speak about the company, when it was created and which objectives they had in their foundation. Inspired by functional drinks from the Far East, Dietrich Mateschitz founded Red Bull in 1987. He created the formula of Red Bull Energy Drink and developed the unique marketing concept of Red Bull. In 1987, on April 1, Red Bull Energy Drink was sold first time in its home market Austria. This was not only...

    Dietrich Mateschitz, Energy drink, Jägerbomb 1022  Words | 4  Pages

  • Red Bull

    Red Bull's marketing strategy: From the localization and then to an international Posted:2007-3-23   Browse:108 chinese Version         11 years ago, the popular Red Bull drink around the world come to China CCTV Spring Festival Gala debut, a 'Red Bull came to China' advertising language, from the Chinese beverage market, more than a category called 'energy drinks', Golden Red Bull rapidly in China's best-selling blowing whirlwind.         After 11 years, the Chinese beverage market, relive...

    Advertising, Brand, Brand management 1893  Words | 5  Pages

  • Red Bull Environmental Scan

    Red Bull’s popularity and status as the number one energy drink in the market reflects the importance allocated to marketing. The company’s hegemony in the energy drink industry is a reflection of their adherence to a multifaceted strategic management plan that considers the imperativeness of environmental factors. As competition increases, companies strive to differentiate themselves through common shared principles to retain customers. In the case of Red Bull and their annual sales of “4,204 billion...

    Demographics, Energy drink, Marketing 1118  Words | 4  Pages

  • Red Bull

    about Red Bull Red Bull is an energy drink. Red Bull is an adaptation of the Thai energy drink Krating Daeng, which translates as "Red Bull". Based on market share, it is the most popular energy drink in the world. The company was founded by Thai national Chaleo Yoovidhya and Austrian national Dietrich Mateschitz. Red Bull's slogan is "it gives you wings" and the product is aggressively marketed through advertising, tournament sponsorship sports team ownerships (Red Bull Racing, Red Bull Salzburg...

    Caffeine, Coca-Cola, Dietrich Mateschitz 2281  Words | 7  Pages

  • Segmentation and Target Market

     Segmentation and Target Market: Elio Motors Tina M Miller MKT 571 August 18, 2014 Jason Leonard Segmentation and Target Market: Elio Motors Introduction Paul Elio is the engineer and company CEO of an American startup automaker founded in 2008: Elio Motors. Production is slated to begin in early 2015 in Shreveport, Louisiana. The design of the vehicle has three wheels with all the standard convinces of a four wheeled vehicle. The selling points of this vehicle is that 90% of the parts used...

    Automobile, Market segmentation, Marketing 1581  Words | 7  Pages

  • Report on Red Bull brand

     REPORT ON RED BULL BRAND Yonis A. Ebrahim 201001037 English Communication for Visual Design IV Tutor: Angela Smith School of Visual Design Bahrain Polytechnic 17 April 2013 Table of Contents Introduction The energy drink market started to grow in the past 25 years. Red Bull was the first energy drink that started this kind of business. Throughout the unique branding strategy and extraordinary investment on marketing this...

    Brand, Brand equity, Brand management 1228  Words | 5  Pages

  • Red Bull

    MKT - RED BULL Summary Red Bull is the most popular energy drink in the world, selling over $4.7 billion cans annually. The company was started by an Austrian entrepreneur Dietrich Mateschitz in the 80s. Red Bull pursued an aggressive yet different marketing strategy to grow their brand globally. Red Bull met an untapped need within the beverage consumer market and the strength of their brand provided them leverage to market themselves in a non-traditional manner. The brand is very strong, but does...

    Brand, Brand equity, Brand management 2372  Words | 7  Pages

  • Segmentation and Target Market Paper.

    MARKET SEGMENTATION Write a white paper on a company of your choice and discuss the market segmentation within that industry along with the target market for the company and the selection process for that target market.  Required Elements: No more than 2100 words Include demographic, psychographic, geographic, and behavioral characteristics for the selected company. A positioning statement for the company with careful consideration of their brand and strategy Paper is consistent with APA guidelines...

    Market segmentation, Marketing, Price discrimination 1889  Words | 8  Pages

  • Segmentation and Target Market

    Segmentation and Target Market The three major players in the soft drink market are PepsiCo, Inc., the Coca-Cola Company, and the Dr. Pepper Snapple Group (Change Lab Solutions, n.d.). All of them use effective market segmentation to target specific markets. Effective target marketing requires that marketers, segment the market, by identifying and profiling to find a distinct group of buyers who differ in their wants and needs (Kotler & Keller, 2012). They target their specific product to one...

    Coca-Cola, Marketing, Pepsi 1868  Words | 6  Pages

  • Red Bull

    Plan 14 December 2012 Executive Summary Environmental Analysis Red Bull has been known for its original energy drink, their target market being college students and young adults. They have a product style that is well known and a taste that is loved by many. Although this is the case, they have come out with other flavors of their energy drink, to aim more towards the young adult females of their target market. Against Red Bulls competitors who have had various flavors and varieties out such as...

    Consumer, Energy drink, Flavor 733  Words | 3  Pages

  • Segmentation and Target Market

    Segmentation and Target Market MKT/571June 09, 2014Erica Hayes Segmentation and Target Market Marriott International, Inc. was founded by J. Willard and Alice Marriott in 1927 and has been a leading hospitality company for over 80 years. It has more than 3,900 properties, 18 brands, and associates with its headquarters in Bethesda, Maryland, USA. The company boasts of revenues of nearly $13 billion in the fiscal year 2013 and is expanding globally. This paper specifically discusses the...

    Brand, Hotel chains, J. Willard Marriott 2004  Words | 3  Pages

  • Segmentation and Target Market

     Segmentation and Target Market Paper Jeannette Ramirez August 21, 2014 Segmentation and Target Market Paper Continental Tire the Americas, LLC is the Automotive Group of Continental AG- Innovations for the future of mobile automotive. Continental is one of the world’s leading automotive suppliers. As a provider of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires, and technical elastomers, Continental contributes...

    Automobile, Automotive industry, Continental AG 1499  Words | 8  Pages

  • Red Bull

    What is their field of operation? Red Bull operate within the energy drinks sector of the soft drinks market. The product is an example of a 'functional' drink. Functional foods respond to consumer interest in well-being and performance. The major multinational soft drinks companies are investing in the area of functional drinks, developing their own brands and buying up existing ones. This is seen as being important, given that their traditional soft drinks markets are at the maturity stage in many...

    Caffeine, Dietrich Mateschitz, Energy drink 1634  Words | 5  Pages

  • Red Bull

    Red Bull is the most popular energy drink in the world, selling over three billion cans annually. Started in 1987 by Austrian entrepreneur Dietrich Mateschitz, Red Bull pursued an aggressive yet different marketing strategy to grow their brand globally. Red Bull met an untapped need within the beverage consumer market and the strength of their carefully cultivated brand provided them leverage to market themselves in a non-traditional manner. What were the key Brand elements for Red Bull? A brand...

    Brand, Brand equity, Brand management 2375  Words | 6  Pages

  • Segmentation And Target Market Paper

     Segmentation and Target Market Paper MKT/571 Segmentation and Target Market Paper “Marketing segmentation and targeting are particular important for finding customers that are the best match for a business’s products and services” (Suttle, 2014, ¶ 2). “KnowledgeNet Enterprises LLC is an industry leader in IT and business skills training” (KnowledgeNet, 2013, ¶ 1 ). This paper will go over several aspects of the company including an overview, demographic, psychographic, geographic and behavioral...

    Consultative selling, Customer, Customer service 1628  Words | 8  Pages

  • Principles of Economics - Red Bull

    MIDDLESEX UNIVERSITY [pic] “Red bull gives you wings”, that is one slogan which is known by everyone. Origins of Red Bull can be witnessed as an Austrian Company working since 1987. In terms of market share, Red Bull is the most popular energy drink in the world (Red Bull, 2012). The creation of Red Bull was inspired by a Thai Company who used to make energy drinks in Thailand. Over the time, the popularity of Red Bull is increasing and approximately 4.5 billion cans are...

    Costs, Economics, Marginal cost 1553  Words | 6  Pages

  • Apple - Target Market, Segmentation

    their specific target markets to assist them in their marketing strategies to promote their wide range of products. To help them in this process, they need to analyse and break down the different markets into segmentation categories. The four main bases, which segment a consumer market, are known as Geographic, Demographic, Psychographic and Behavioural segmentation. Geographic Segmentation is based on variables such as region, city size, density and climate. Demographic Segmentation is based on...

    Marketing, Psychology, Sociology 761  Words | 3  Pages

  • Segmentation and Target Market Paper

    Segmentation and Target Market PaperJonathan GraceMKT/571October 21, 2014Dr. Johnny MorrisSegmentation and Target Market PaperThis plan was put into in 1936, establishing the Government Employees Insurance Company, the company known and respected today as GEICO. GEICO was primarily directed toward federal employees and certain groups of enlisted military officers. Lillian Goodwin actively marketed the company to this group of consumers and within a year, GEICO had written over 3,700 policy holders...

    GEICO, GEICO Cavemen, Insurance 1109  Words | 2  Pages

  • Segmentation and Market Target

     Segmentation and Target Market Paper MKT/571 Segmentation and Target Market Paper To obtain success, and then retain success, organizations need to determine which market segments to focus (Kotler & Keller, 2012). Additional consideration is necessary to ensure that the organization can effectively serve this market segment. According to Kotler and Keller (2012), the finest marketing plans identify and embrace segment differentiation by determining the demographic, psychographic,...

    Demographics, Demography, Household income in the United States 1114  Words | 6  Pages

  • Segmentation and Target Market

     Segmentation and Target Market MKT/571 Segmentation and Target Market The fitness industry in the United States has grown greatly as more individuals are exposed to healthy living as a lifestyle. Rather than simply attracting athletes, fitness facilities are recognizable service providers to all demographics. As a result, the job outlook for personal trainers and exercise instructors is good. According to the “Bureau of Labor Statistics” (2014) website, “employees of fitness...

    Demographics, Market segmentation, Marketing 1822  Words | 5  Pages

  • Supply and Deman Analysis for Red Bull

    Red Bull Demand and Supply Analysis Red bull is an energy drink composed by caffeine, taurine, glucoronolactone, B group vitamins, sucrose and glucose and alpine spring water. Thanks to this unique combination of ingredients, Red Bull vitalizes body and mind. This drink is originally from Australia where it is produced and distributed in over twenty countries including USA, Mexico, New Zealand, South Africa and Eastern and Western Europe. Finding the right target group for this drink is...

    Caffeine, Consumer theory, Dietrich Mateschitz 1227  Words | 6  Pages

  • Red Bull

    INTRODUCTION AND CONTENTS PAGE • This presentation is about the Red Bull company in the United Kingdom. • We will be looking at the background of the company, customers and consumers, as well as the competition and the market analysis of Red Bull. ABOUT RED BULL • In 1982, Dietrich Mateschitz became aware of products called "tonic drinks", which enjoyed widespread popularity throughout the Far East. His idea to market these functional drinks outside Asia evolved whilst he sat at a bar at the...

    Alcoholic beverage, Caffeine, Coca-Cola 1862  Words | 7  Pages

  • Mktg 2101 Red Bull Case Study

    MKTG 2101 Consumer Behaviour Case Study - Red Bull: Rampaging through Global Markets 1. What segmentation base has Red Bull adopted to target customers? How should Red Bull further segment the market in the future? Red Bull have adopted a segmentation base strategy relating to market demographics. In particular the company has targeted young active people aged 16 – 29 years. Red Bull also use geography, identifying mainly university students and urban professionals who needed...

    Brand, Color, Extreme sport 828  Words | 3  Pages

  • Red Bull Marketing Research

    Red Bull- Final Report “Gives You Wings” Team 1: Amanda Laverman Chelsea Anderson Jake Jamison Jon Maeser Rachel Rimathe Background The Red Bull brand is an iconic worldwide model of how a company can create a powerhouse and a style of marketing that many traditional companies would never attempt. The company uses its extreme stunts and sponsorships of extreme sports to promote the brand and product and excel in a style that has attracted a younger generation with a main focus on teenagers...

    Coffee, Energy drink, Exploratory research 2495  Words | 7  Pages

  • Red Bull Situational Analysis

    Red Bull is a privately owned company, producing and distributing the Red Bull energy drink to more than 165 countries worldwide. The company was founded by Dietrich Mateschitz in Austria in 1984 and launched Red Bull onto the Austrian market in 1987. Since then more than 35 billion cans of Red Bull have been consumed. Red Bull employs over 8,900 people throughout the world, its corporate headquarters are located in Fuschi am See, Austria. (N/A, 2012). This report focuses specifically on the...

    Caffeine, Coca-Cola, Dietrich Mateschitz 754  Words | 3  Pages

  • Segmentation and Target Market Paper

     Segmentation and Target Market Andrew Daigle Marketing 571 March - Monday 9, 2015 Dawn Obermoeller Segmentation and Target Market The point of being in business is to provide a service or product to a particular consumer base and to produce a profit of the service or product given. In order to accomplish this, companies must be able provides its' products and services to a particular type or group of consumer that calls for a the need of it. It takes care planning and research in order to produce...

    Apple Inc., Consumer, Customer 1847  Words | 7  Pages

  • Red Bull Case Analysis

    Red Bull Case Analysis Purpose: to provide the chain of strategies Red Bull used to develop their brand equity and global market dominance in the energy beverage industry. Target Market: Red Bull does not target to a specific demographic or psychographic. Its strategy is to reach to a relatively broad consumer base. The target is anyone who need energy boost to combat their mental and/or physical fatigue. Red Bull knows their consumer base mostly involves students, drivers, clubbers, business...

    Brand, Brand management, Branding 1728  Words | 6  Pages

  • Red Bull Situation Analysis

    University of Newcastle. It is the first part of the marketing plan for Red Bull, the leader of energy drinks market. The business overview, current situation analysis and marketing objectives are reviewed in this document as the following briefly details. The current objectives of the Red Bull are to stay in the same position as the leader, to be the brand icon of the extreme sports and to expand the existing markets. Red Bull has used some strategies to reach these goals, such as extending the product...

    Caffeine, Dietrich Mateschitz, Energy drink 2081  Words | 7  Pages

  • Introduction to Marketing: Red Bull

    Topic 1: Introduction to Marketing Red Bull 1. The Product/ Competitors/Industry 1.1 Product Red Bull is a sweet, caffeinated drink aimed to give consumers the high energy kick. Available only in rather expensive 250ml cans, 350ml bottles, with 4 packs and only two ‘flavours’ (original or sugar-free). It contains caffeine, taurine, glucuronolactone, and B vitamins. Founded in 1984 by Austrian businessman Dietrich Mateschitz, Red Bull has become the worlds leading energy drink, a staple...

    Caffeine, Coca-Cola, Energy drink 1912  Words | 7  Pages

  • Swot Red Bull

    - Leadership position The company "Red Bull" is considered like the "leader" of the energy drinks market in the world with 70% of market share in 2012. - Marketing strategy * A lot of sports events, promotions and campaigns (like street marketing) * Sponsorship (F1 Red Bull Team, Felix Baumgartner, Shaun White…) * Original communication strategy and efficient (http://www.redbull.fr/cs/Satellite/fr_FR/Video/Le-nouveau-clip-du-Monde-de-Red-Bull-au-cinema-021243076490242) -Innovation...

    Advertising, Brand management, Caffeine 430  Words | 3  Pages

  • Red Bull

    think Red Bull is the top energy drink in the world ) INTRODUCTION SALES AND MARKETING Marketing is the process of planning, designing ,pricing and distributing ideas, goods and services in order to satisfy customer needs and generate revenue and make profit were selling is the process of transferring the ownership of goods or delivering service to customers and this is the way of exchange for mutual benefit of seller and buyer. In this case our main focus is to discover how Red bull is the...

    Caffeine, Dietrich Mateschitz, Economics 947  Words | 3  Pages

  • Red Bull Marketing Strategy

    Red Bull Mission Statement: To be the premier marketer and supplier of red bull in Asia,Europe and other parts of the globe. We will achieve this mission by building long-term relationships with the people who can make it become a reality. Marketing Mix Product * ProductRed Bull is a sweet, caffeinated drink aimed to give consumers the high energy kick. * Available only in rather expensive 250ml cans, 350ml bottles, with 4 packs and only two‘flavours’ (original or sugar-free). ...

    Caffeine, Coca-Cola, Coffee 988  Words | 4  Pages

  • Red Bull

    Questions for the Red Bull Case 1. What is Red Bull’s success formula? Please explain thoroughly.Red Bull is known for its nutritional quality, especially in mature markets. In the youth markets, the product is very much a status symbol. The slogan 'Red Bull gives you wings' is short, memorable and it says something meaningful about the product. The price is more expensive than competitors' products, which makes consumers believe in Red Bull's energy enhancing properties and...

    Caffeine, Coffee, Drink 749  Words | 3  Pages

  • Red Bull

    Red Bull’s Brand Equity Advance Brand Management class of 2012 fall Presentation Index       Introduction Red Bull concept of brand equity How can Red Bull maintain brand equity? What marketing strategy should they use? Would you recommend that Red Bull develops brand extensions? What would the benefits and risks be? Introduction •Red bull GmBH‐Founded in 1985 by Dietrich Mateschitz •Launched in Austria in 1987: Slogan “Red Bull gives you Wings” •1997: available...

    Brand, Brand equity, Branding 535  Words | 4  Pages

  • Market Segmentation

    reach different markets or to promote your products to different locations or people one has to use a method called market segmentation. "Market segmentation describes the division of a market into homogenous groups which will respond differently to promotions, communications, advertising and other marketing mix variable" (Cumming). Market segmentation is extremely important for companies around the world. If a company doesn't research the area in which they are going to market or they put a product...

    Demographics, Market, Market segmentation 1889  Words | 6  Pages

  • Red Bull Company Analysis

    Organizational Analysis Red Bull is an energy drink sold by Austrian company "Red Bull GmbH, created in 1987. Red Bull is the most popular energy drink in the world, with 4.5 billion cans sold each year. Austrian entrepreneur Dietrich Mateschitz founded  "Red Bull GmbH" in a partnership with Chaleo Yoovidhya. After the product was introduced the consumption doubled year by year in Austria, so the company decided to introduce Red Bull in first foreign markets. Those markets included Singapore...

    Caffeine, Dietrich Mateschitz, Energy drink 1051  Words | 4  Pages

  • Red Bull Marketing Essay

    RED BULL: THE HYPE & THE BRAND A case study of the world’s most successful energy drink It may be ranked consistently among the worst in taste tests, and is rumoured to be a health risk, but Red Bull’s dominance over the energy drink market actually depends on such rumours. This company only manufactures and markets one product – and has become very good at it, being at the forefront of popular culture without being too outlandish. How did a traditional recipe from Thailand take over the world...

    Caffeine, Dietrich Mateschitz, Energy drink 2335  Words | 7  Pages

  • Red Bull - promotional mix

    Describe the promotional mix used by red bull Red bull was originally established in Thailand in 1962 under the name Krating Daeng, Red Bull was incorporated in 1984 with its head office in Austria. It is now a market leader in the energy drink segment with presence in over 130 countries and an employee base of over 3,900 worldwide. It recorded a turnover of $2.6 billion in 2006 with a whopping 300% increase in global sales as compared to the year 2000. Starting with its first international foray...

    Advertising, Caffeine, Energy drink 1225  Words | 4  Pages

  • Red Bull Brand Equity

    RED BULL: BUILDING BRAND EQUITY IN NEW WAYS 02-05-2011 Question 1: Describe Red Bull’s sources of brand equity. Do these sources change depending on the market or country? Answer: Red Bull has a strong marketing strategy for communicating product value to customers. The strategy for building the brand has been created around a simple goal. Whenever a consumer is in need of energy, the company wants then to automatically think of Red Bull. The brand uses traditional media channels...

    Alcoholic beverage, Brand management, Caffeine 1461  Words | 4  Pages

  • Red Bull

    Putting Your Brand on the Front Page – Lessons from Red Bull April 4, 2012 By: Andy 7 Comments Share:   The recent passing of Thai billionaire and Red Bull co-founder Chaleo Yoovidhya got me thinking about the world’s most recognizable – and profitable – energy drink. In 2010, Red Bull posted revenue of $5.1 billion. This considerable sum came from the consumption of 4 billion cans of the drink that “gives you wings.” Red Bull’s success paved the way for numerous imitators with energetic...

    Advertising, Brand, Brand management 879  Words | 3  Pages

  • Red Bull: Analysis

    an energy boost, but also ‘give you wings’. He founded Red Bull - a revitalizing and refreshing energy drink in 1984. After an extensive research on the market & developing unique strategies Red Bull was launched in 1987. This energy drink contains glucose, taurine, glucuronolactone, caffeine, niacin,, sodium citrate & inositol, which are responsible for the effective results that Red Bull has on a body. With its distinctive ingredients Red Bull instantly created a buzz & a whole new category of ‘energy...

    Caffeine, Dietrich Mateschitz, Energy drink 760  Words | 3  Pages

  • Red Bull Marketing Plan

    Table of Content Introduction 2 Executive Summary 2 Current Marketing Situation 2 Market Description 2 Benefits and Product features 2 Product Review 2 Competitive Review 3 Distribution Review 3 SWOT Analysis 3 Strengths 3 Weaknesses 3 Opportunities 3 Threats 3 Objective and Issues 4 Objectives 4 Issues 4 Marketing Strategy ...

    Caffeine, Coca-Cola, Distribution 1822  Words | 7  Pages

  • Direct Marketing with Red Bull!

    Introduction How should Red Bull market its brand in the future? I think, although Red Bull has been extremely successful in the past, times have changed and the company and products should change with it, otherwise we probably lose market share to the tremendous increased number of competitors in no time.At the height of early mornings and late nights, Red Bull energy drink became the fuel of choice for people from all walks of life. So how is Red Bull marketing its brand to meet the changing needs...

    Caffeine, Dietrich Mateschitz, Energy drink 1379  Words | 5  Pages

  • Marketing Research on Red Bull Energy Drink in Vietnam Market

    Research on Red Bull Energy Drink in Vietnam Market – World Essay 1 – Objective: Nowadays, energy drink’s becoming an important part in food market holding great number of consumer in the world as well as in Vietnam. Thinking about high energy drink branches, many customers think about a popular name: Red bull. How successful this branch is, the way they develop their mark and how was they cared in Vietnam’s market. Everything related with Red bull will explained in this research. 2 - Targets: In...

    Caffeine, Coca-Cola, Coffee 1504  Words | 4  Pages

  • Red Bull Case Study

    Red Bull Statement of the Problem: Red Bull’s enviable position is changing. More energy drinks have been introduced in the market. The competitors of Red Bull gives the same effects when drinking these energy drinks by giving extra energy for work and improved performance for athletes. How can Red Bull compete with its competitors and still catch the attention of their market? Assumptions of the Study: Product – Red Bull as an energy drink contains carbon dioxide...

    Caffeine, Coca-Cola, Dietrich Mateschitz 753  Words | 3  Pages

  • Marketing strategy of Red bull

    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 for energy drinks from 44% in 2000 to 6.5% in 2003. Another reason...

    Caffeine, Coca-Cola, Coffee 2275  Words | 6  Pages

  • Marketing, Red Bull

    Environmental/ Situational Analysis Trends/Issues Red Bull is an energy drink aimed at students and athletes. No one thought that a “functional drink” sold at a premium price and packaged in a can would ever be successful, when the idea first came up in 1987 (www.redbull.co.uk 13.05.2009), however the product became quite popular amongst young people and frequently drank at night clubs as a ‘mixer’ (mixed with other drinks, e.g. vodka and whisky). The company’s marketing was also quite successful...

    Brand, Brand management, Caffeine 1328  Words | 4  Pages

  • Pr of Red Bull

    | RED BULL | Public Relations | ACKNOWLEDGEMENT * Arpan Gudkha- 14 * Akash Khetan – 19 * Lekh Bhatia – 22 * Neeraj Rengarajan – 27 * Rajat Hegde - 29 * Naren Mansukhani – 57 | We would like to thank our Professor Christine Dlima for this opportunity to put to test the theory we have been studying at college, and to go out into the real world and see how things work, for ourselves. We would like to greatly thank Mr Rohan Vyavaharkar(Head of Communications-Red...

    Caffeine, Coca-Cola, Dietrich Mateschitz 1789  Words | 7  Pages

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