Preview

Red Bull Case Study

Good Essays
Open Document
Open Document
2396 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Red Bull Case Study
Q1.
The pure and strong cola drink comes with all power packs. By looking at Red bull cola drink and its profile, I would prefer to target two market segments specifically; behavourial and psychographic. I will pre-dominantly be focusing at behavourial segmentation. As it going to speak much about product’s quality.

BEHAVOURIAL SEGMENTATION:
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.

 QUALITY:
Red bull cola that holds natural and pure ingredients plus there are no sweeteners, preservatives and artificial colour in the drink. Just a simple dedicated pure drink which enhance the quality of brand. Product quality must be differentiation point from competitors.

 AWARENESS:
This is perhaps the best option where Red Bull cola can flourish their self. One way or another; this is the most important part of segmentation. This is where they have to get their strategy right, Red bull cola making awareness to particularly people of UK, who are very conscious about their health and diet. The message which can be send by Red Bull cola about their drink is that; it is fully designed to people’s preference diet. As it is the only drink which contains the original kola nut and coca leaf with more caffeine that helps people to stay active in their day to day life. There is no artificial colour, preservatives and sweeterners. Therefore, it is build to serve your health most than other cola drinks. It’s ‘100% natural and strong’.
PSYCHOGRAPHIC:
Marketers are increasingly segmenting their market on consumer’s lifestyle. Red Bull cola must also target psychographic segments as it appeals to be iconic brand. They have more focus on life style and social class of people. They are trying to be trendy.

 SOCIAL CLASS:
I would further like to divide social

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
  • Good Essays

    Gatorade Research Paper

    • 1010 Words
    • 5 Pages

    After its introduction in 1987, Red Bull started to fill the void within the sparsely populated energy drinks market and quickly grew to become a household name. With approximately 45 percent in current market share, Red Bull towers above all of its competition in the energy drinks market. Utilizing highly effective marketing tactics that involve TV and radio ads, sponsorship agreements and celebrity endorsements, Red Bull has converted many top athletes causing a slight shift from sport drinks to energy drinks within the general public. Over the years, this trend has caused concern to Gatorade and its competitors since it directly affects sales…

    • 1010 Words
    • 5 Pages
    Good Essays
  • Better Essays

    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 cans and average annual growth of 7.6%” (Red Bull USA, 2012), it can be argued that the company has acquired an almost absolute advantage. Red Bull has created competitive strategies for its segment of the industry and continues to dominate most of their competition. The company prides itself on their ability to entice consumers on the singularity of its merchandise, brand recognition, competitive price offers, and convenience on domestic and international levels. Armstrong and Kotler define environmental/situational influences as “all those factors particular to a time and place that do not follow from a knowledge of the stable attributes of the consumer and the stimulus and that have an effect on current behavior” (Armstrong & Kotler, 2011). Red Bull understands the pertinence of these factors in the decision-making process and therefore, engineers its marketing and sales strategies in accordance. In order to deliver value to the company and its shareholders, Red Bull’s environmental scan considers factors such as stakeholder analysis, the energy drink industry/market, competitor analysis, demographic variables, psychographic variables, and economic trends.…

    • 1118 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    RED BULL CASE STUDY

    • 401 Words
    • 2 Pages

    Special ingredients like taurine and alpine spring water in addition to a high concentration of caffeine in a can half the size of other energy drinks are used to differentiate Red Bull from competitors…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Red Bull Research

    • 1909 Words
    • 8 Pages

    Quantitative part of primary research identified that 25 out of 30 participants have bought Red Bull before. Other five participants however stated that the main reasons why they have never bought Red Bull before are the fact that it id damaging for health as well as they do not like the taste of the product. Our questionnaire also found that most of the participants buy Red Bull at least ones a week, which shows that product's popularity is growing. However the majority of participants do not agree with the retail price of the product, twelve (majority) participants stated that the price that they would be happy with is in the range of 70-90 pence.…

    • 1909 Words
    • 8 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's Marketing Mix

    • 4937 Words
    • 20 Pages

    This report is based on Red Bull GmbH’s international development and is divided into four distinct sections. Firstly, the key strategic challenges that it faces internationally in the functional drinks sector would be identified and evaluated. Secondly, the existing product mix of Red Bull and any suitable changes to the same will be analysed and discussed. Third section of the report will talk about Red Bull’s existing market entry mode into non-domestic markets and relevant alternative strategies. The final section will cover the company’s existing approach to product promotion/advertising and distribution and if they can act as a source of competitive advantage in the future. The report will be concluded with a summary of overall assessment of the company.…

    • 4937 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Red Bull Marketing

    • 3867 Words
    • 16 Pages

    Red Bull GmbH is a small company, who manufactures “Functional Drinks” or “Energy Drinks” on a global scale.…

    • 3867 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    SWOT Analysis Red Bull

    • 1026 Words
    • 5 Pages

    Red Bull’s essence is based on its authenticity and free soul. As such a modern and young brand,…

    • 1026 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The market entry of Red Bull was rooted firmly in its brand identity in the Spanish market. Red bull Cola has big chances to meet the needs of Spaniards. Red Bull Company should start launching the new flavor cola in the Spanish market given the fact that Spain is a high income country and energy drink products have such a high demand and that the market has very low entry barriers due to its location in the EU.…

    • 707 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case Study Red Bull

    • 827 Words
    • 2 Pages

    Although Red Bull is a young brand, it is currently the worldwide market leader in energy drinks. Today, Red Bull sells more than 4 billion cans of energy drinks each year in more than 160 countries. As well as being the current market leader, Red Bull’s strengths include its marketing strategy and its alliances with distributors. They have used no print, billboards, banners ads and Super Bowl spots and minimal television ads. They focused on getting Red Bull products into trendy shops, clubs and bars. Free Red Bull products are available at “sports competitions, in limos before award shows and at exclusive after-parties. Among Red Bull’s most popular “anti-marketing” campaigns are the events that they sponsor. Red Bull has united its brand clearly and consistently with extreme sports and action.…

    • 827 Words
    • 2 Pages
    Good 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
  • Satisfactory Essays

    Red Bull Cola Postioning

    • 345 Words
    • 2 Pages

    The new all-natural formulation of Red Bull Cola addresses concerns Baby Boomers have regarding the contents of Red Bull. Even though Boomers grew up with, and like, their existing cola brands, they are becoming concerned about the health effects of some of the recent ingredient changes in those colas such as: high-fructose corn syrup versus sugar, phosphoric acid versus citric acid, and artificial versus natural colors.…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Redbull

    • 538 Words
    • 3 Pages

    The world’s most recognizable and profitable energy drink Red Bull posted revenue of more than $5.1 billion in 2010, and sales of the product are continuing to increase each year. Red Bull spends an unbelievable 30-40% of their revenue on marketing. The majority of Red Bull energy drinkers are between the ages of 18-34 year old males. The drink grabbed the attention of their target user and flawlessly grew, and become the brand marketing strategy that translated into “We are with you and one of you”. The recent 2011-2012 focus of Red Bull energy drink is trying to increase awareness among the 35-65 crowds, both male and female. The reason for Red Bull’s remarkable marketing strategy relies solemnly on the following four concepts:…

    • 538 Words
    • 3 Pages
    Good Essays

Related Topics