Preview

Red Bull

Good Essays
Open Document
Open Document
780 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Red Bull
CASE STUDY: RED BULL
Abhinav Vashistha
3062, TY-B 1. How will you characterize Red Bulls overall global marketing strategy (global, glocal or local)? * Red Bull’s overall global marketing strategy is kind of glocal because on the Global level, Red Bull distinguishes itself from a lot of the beverage market by only offering their product in one size, 8.3 ounce or 250ml cans, which is smaller than typical soft drink. The cans are small, sleek vessels with distinctive printing with more of blue and silver color with the bull’s logo on it, which have been more of described as the ‘European’ styling. With the exception of warning labels, the can design does not vary from country to country unlike other beverages and which further helps in uniformity in the marketing of the product. It also only offers two variants worldwide i.e. Original and Sugar-free which are same through all the countries. Seeing locally Red bull targets the small distributors instead of targeting largest distributors who have larger reach. And further these distributors become the exclusively Red Bull distributor. Apart from this Company also goes to hire the teenager’s or college students and giving them vans for distributing and marketing the product. These students were given the post of student Brand Manager. Initially Red Bull gave its energy drinks for free to the pubs and clubs only for the promotion even before the launch of the product.

2. Red Bull is available in large cities in India across supermarkets, restaurants and bars. Evaluate the opportunities for market expansion in India.

* The growth strategies that seem to offer the most likely opportunities for Red Bull’s future are their expansion into less extreme sports and the femalepopulation. Because Red Bull is an energy drink, most consumers think that its primary purpose is to boost the energy of those who are hammering it out on thefield, court, or wherever the action may be.

You May Also Find These Documents Helpful

  • Better Essays

    Since Red Bull is such a large company it would not be useful to determine the marketing strategy because it is believed that Red Bull simply cuts through lifestyles. So for a product like Red Bull the best marketing strategy would be behavioral segmentation. Red Bull is a special drink serving a niche market. Consumers of Red Bull are men and women of all ages, who are sporty and very hard working. Red Bull has a very trendy image and gets sold in a lot of bars and clubs.…

    • 1553 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Interpret market trends and developments BSBMK507A Introduction: Red Bull is an energy drink sold by Austrian company Red Bull GmbH, created in 1987. In terms of market share, Red Bull is the most popular energy drink in the world, with 5.2 billion cans sold in 2012. Austrian entrepreneur Dietrich Mateschitz was inspired by a pre-existing energy drink named Krating Daeng, which was first invented and sold in Thailand. He took this idea, modified the ingredients to suit the tastes of westerners, and, in partnership with Chaleo Yoovidhya, founded Red Bull GmbH in Austria.…

    • 932 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    RED BULL CASE STUDY

    • 401 Words
    • 2 Pages

    2. What created Red Bull’s success? Where is the core franchise and benefit? Has the product’s positioning changed over time? What is the role of alcohol mixing to Red Bull’s success?…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Red Bull Case Study

    • 2396 Words
    • 10 Pages

    Behavourial segmentation is the major segmentation which I would like to focus in order to be succeeded in capturing market. The very vital point through I feel that market of Red Bull cola can flourish is the quality and awareness to people of its product.…

    • 2396 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Red Bull Brand Audit

    • 8752 Words
    • 36 Pages

    3.Red Bull……………………………………………………………………………………………………………………………. 7 4.Integrated marketing communication channels………………….……………………………..………….13 5.Survey Analysis……….……………………………………………………………….…………………..……………….22 6.Red Bull brand………………………………………………………………………………………………………….……29 7.Competitor analysis………………………………………………………………………………………………………..38 8.Red Bull positioning…………………………………………………………………………………………………..….40 9.SWOT analysis……………………………………………………………………………………………………….………42 10.PESTEL analysis……………………………………………………………………………………………………..…….43 11.Supply and distribution of red bull………………………………………………………………………….…….45 12.Red bull in news…………………………………………………………………………………………………………....46 13.Reccomendations…………………………………………………………………………………………………………. 50 References Exhibit(survey questions)………………………………………………………………………………………………….53…

    • 8752 Words
    • 36 Pages
    Powerful Essays
  • Powerful Essays

    Red Bull Marketing Analysis

    • 9137 Words
    • 37 Pages

    In this report, we will analyse Red Bull and the environment in which the company evolves, its target and positioning trough marketing tools. It will enable us to understand how Red Bull managed to reach its leader position and to think about some recommendations to further improve its strategy.…

    • 9137 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    Case Study : Red Bull

    • 4120 Words
    • 17 Pages

    Red bull is a leading energy drink company in the world, with global sales of 3 million cans in 2006 accounting for 45% market share of the world energy drinks market. Since its foundation in 1984, Red Bull has made a significant expansion in international markets to over 130 countries and generated over €2.6 billion in turnover throughout the world employing 3,900 employees globally.…

    • 4120 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Red Bull

    • 407 Words
    • 2 Pages

    What created Red Bull’s success is that they didn’t just jump in with both feet when marketing their product in a new country. Take for instance when they “launched” in the US they started promoting in smaller “cells” because they are a “by-word-of-mouth” company. Once they figured out that they were doing well they then started promoting more throughout the United States. Red Bull has also created a premium image for their energy drink by making it a little more expensive then what other energy drinks sell for.…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    30 years on and their original product is as strong as ever. Due to its private ownership, financial figures on Red Bull are scarce, however it’s reported that over 40billion cans have been sold worldwide, with 2012 figures demonstrating net sales of $4.9billion and 5.2billion cans being sold, representing 15.9% and 12.8% growth respectively over 2011. (Euromonitor International). According to Marketline (2012) Red Bull holds an estimated 43% global market share of the energy drinks market by value, 21.5% by volume giving it dominant market position as its nearest competitor Monster hold 16% by value in comparison.…

    • 3887 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    ________________________________________ Global Marketing Case Study - “Red Bull: The global market leader in energy drinks is considering further market expansion.” ________________________________________…

    • 5431 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    Red Bull Case Study

    • 1156 Words
    • 5 Pages

    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 you wings’. These non –traditional marketing strategies of Red Bull are not unique to any market.…

    • 1156 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Red Bull

    • 1897 Words
    • 8 Pages

    On another hand, Red Bull should expand their target market to less extreme sport enthusiasts such as golfers, women, and health conscious consumers. Many women find themselves in challenging situations, from active careers to housework and the raising of children. Between juggling all the above and trying to keep some energy stored to promote a healthy (possibly sports related) lifestyle, Red-Bull can advertise itself a health savvy choice that does not require time and miscellaneous expenses (such as stopping by cafes).…

    • 1897 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Red Bull Ltd. is a very fast-paced company. Between the start of sales in Austria in 1987 and 2010 it has spread its activities to 162 countries worldwide (Red Bull, 2011a). It is present in all European countries, which enables this report to examine how Red Bull has to adapt its product and marketing to different cultures.…

    • 2170 Words
    • 9 Pages
    Better Essays
  • Good Essays

    on this, the activities of marketing Red Bull has become one of the important marketing.…

    • 977 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Red Bull Case Study

    • 1066 Words
    • 4 Pages

    In reviewing Red Bull identifying the organizations strengths, weaknesses, opportunities, and threats will provide a starting basis of the analysis. Strengths that Red Bull have to offer include, “Nature of market, diverse market in health, energy, and concentrated drinks, low ingredient and manufacturing costs, high profit margins, and economies of scale” (Wensley, 2011). This allows the organization to launch in new markets with ease due to the low overhead. Weaknesses that Red Bull face include, “health concerns, brand loyalties, and retailer generic brands” (Wensley, 2011). The threats that Red Bull faces revolve around not only health trends and discoveries but also competition. Opportunities that Red Bull have include, “space for innovative products,…

    • 1066 Words
    • 4 Pages
    Better Essays

Related Topics