Preview

Red Bull Company Analysis

Powerful Essays
Open Document
Open Document
1051 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
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 1989, Hungary 1992, Germany 1994, and followed by the UK in 1995. Red
Bull is sold in a tall, slim blue/silver can and the company slogan is "Red Bull gives you wings". The product is marketed through advertising, and sponsored music and sports events.
The mission statement of the company is, “We are dedicated to uphold Red bull standards, while maintaining the leadership position in the energy drinks category when delivering superior customer service in a highly efficient and profitable manner. We create a culture where employees share best practices dedicated to coaching and developing our organization as an employer of choice". I feel that Red Bull Gmbh mission statement has evolved overtime by the company making sure they create a high quality product and ensuring that it guarantees that high quality and safety for its consumers. The company exclusively producing the product in Austria, ensures the highest quality because, by having the product manufactured in one location all the time they can guarantee quality ingredient and consistency in the recipe and product .

Since 1987 around 30 billion cans of Red Bull have been consumed. The responsibility for the success is shared by the company 's 8,000 plus employees around the word. A total of 4.6 billion cans were sold worldwide in 2011, representing an increase of 11.4% compared to 2010.
A total of 5.226 billion cans of Red Bull were sold worldwide in 2012, representing an

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Red Bull is the world famous energy drink, it has dominated as the leader of energy drink. Comparing with other energy drink companies, Red Bull holds the largest market share.…

    • 316 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    RED BULL CASE STUDY

    • 401 Words
    • 2 Pages

    Red Bull is known primarily for its dominating position in the energy drink business, selling its Red Bull Energy Drink.…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Energy Drinks

    • 1785 Words
    • 8 Pages

    Red Bull, introduced in the United States in 1996, jump-started the energy drink business. The Austrian company has dominated the market ever since, and in 2004, its sales topped $1.2 billion. His other competitors include multibillion dollar companies Coca-Cola and Pepsico.…

    • 1785 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Red Bull was founded by Austrian company Red Bull GmbH, after the rebranding of Thai pre-existing popular energy drink called Krating Daeng. He modified the existing ingredient to accommodate western taste in energy drinks. Red Bull is considered the most popular energy drinks in the world with sales of 4.631 billion can in 2011(Sales of $2.95 billion, Table 1.1)…

    • 1096 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Red Bull Market Analysis

    • 362 Words
    • 2 Pages

    Red Bulls are competing in the non-alcoholic beverage market and in the specific segment of Energy Drink.…

    • 362 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The marketing strategy of Red Bull can be considered as one of the most successful one over the years. Red Bull has been famous for building a beverage brand without relying on mass-media. The central component in all marketing activities of Red Bull was “Word- of mouth”. Besides, Red Bull also created “adult cartoon” advertisement, pushed trial programme, invented an extensive network of events, sponsored leading athletes of extreme sports and branded refrigerated sales units to complete their marketing strategy.…

    • 494 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Red Bull Brand Management

    • 4383 Words
    • 18 Pages

    Dentressangle, Norbert. "With sales amounting to over 4 billion cans in 160 countries, Red Bull Energy Drink is the market leader.." Drinks Business. (2013): n. page. Web. 13 Dec. 2013. .…

    • 4383 Words
    • 18 Pages
    Satisfactory Essays
  • Good Essays

    Red Bull

    • 947 Words
    • 4 Pages

    I think Red Bull is the top energy drink in the world because Red Bull is targeted at three main groups of people: the sporty, the party-animals, and the workers, each seeking the benefits of endurance that Red Bull provides in their individual disciplines. With a funky can design and an extreme promotional strategy.…

    • 947 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Corporate legend has it that in the early 1980s, while traveling to Asia on business, Austrian Dietrich Mateschiz came across some very popular "energy drinks". While in Thailand, he saw that the rickshaw drivers drank a substance to keep them energized throughout the day known to the Thai as ‘Krating Daeng', a popular health tonic which roughly translated, means the Red Bull, in English. After some alterations to the recipe, and a flavor modification for the public, Red Bull was born. With his "uncanny instinct for successful product innovations", Mateschiz brought a small sample of energy beverages back to Europe along with a big idea. Then, with a clear vision and a lot of scientific knowledge, Dietrich and several other unnamed food scientists gave birth to the Red Bull Energy Drink which first hit shelves in Austria and the rest of Europe in 1987 (Wikipedia Online).…

    • 2028 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Red Bull energy drink is the first product of Red Bull,. later expanding their product line with Red Bull sugar-free, and Red Bull shots. One point to consider is their limited product range. Unlike their major competitors likeCoca Cola and Pepsi, having different products in various beverage classes like water, soft drinks, electrolytes etc, Red Bull does not. Only having one product class can be positive, for example Red Bull can concentrate 100% effort on their energy drinks while not getting distracted by other influences. Red Bull focuses on making their consumer get energized and fresh. It benefits health with B vitamins. Their main slogan is that it gives you wings . Red bull’s packaging is simple and plain, but the coolest which catches the eye and create a first impression, with a single big logo.…

    • 504 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Red Bull is sold as an energy drink to combat mental and physical fatigue. A sugar-free version has been available since the beginning of 2003. The drink tastes of citrus and herbs, and is commonly used as a mixer in alcoholic drinks such as Raspberry Stoli Vodka or base ingredient in the famous Jagerbomb. It has become extremely popular over the recent years with almost 1 billion 250ml cans sold in 2000 to more than 3 billion cans sold in 2006 in over 130 countries.…

    • 3015 Words
    • 13 Pages
    Powerful 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
  • Satisfactory Essays

    Red Bull Energy Drinks

    • 279 Words
    • 2 Pages

    Besides selling energy drinks in the markets, Red Bull also hosts events and sponsors contests in order to promote its brand. Their main market is among athletes, students, night clubbers, etc. Generally, the brand is marketed to ‘opinion leaders and hard-working people with active lifestyles’.…

    • 279 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Red Bull

    • 2781 Words
    • 12 Pages

    Since then, Red Bull has launched a range of products, including Red Bull Cola in 2008 and Red Bull Energy Shots in 2009. Today Red Bull has annual sales of around 4 billion cans in 160 countries. It employs more than 7,700 people. Red Bull has a distinctive approach to marketing. It uses a progressive marketing strategy. This type of strategy aims to constantly evolve and develop the brand. This approach allows Red Bull to engage with consumers using new and exciting channels of communication. In recent years social media has become a vital marketing tool for many organisations. Its increasing popularity,…

    • 2781 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Brand Personality

    • 314 Words
    • 2 Pages

    Red bull has become one of the largest most profitable companies on the planet. One might ask how an energy drink company could become so big. The answer to that question is through an effective brand personality. Red bull began as a company in Thailand, and once entrepreneurs realized the potential opportunity it exploded. As of recently, Red Bull has gotten its name into just about every sport there is. Their niche is extreme sports and events but they also are involved in traditional team sports as well. To give a general sense of just how wide spread their reach is, we will take a look at just some of the sports and events they sponsor. The list is as follows:…

    • 314 Words
    • 2 Pages
    Satisfactory Essays

Related Topics