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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Gatorade Strategic Marketing Plan Table of content Executive summary 2 Introduction 3 Product presentation 4 Company description 4 Product description 4 The environment 7 PEST Analysis of Energy Drinks Industry 7 Market Analysis 10 Situation Analysis of Gatorade in the sports drinks industry 10 Past Marketing Efforts analysis 12 Competition 13 Target Market 15 Marketing Plan 18 Marketing objectives 18 Marketing strategies 18 Evaluation of the potential budget 25
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within the energy drink industry‚ it is important to define the energy drink industry itself. Red Bull is an energy drink‚ which is defined as‚ “beverages that contain‚ besides calories‚ caffeine in combination with other presumed energy-enhancing ingredients such as taurine‚ herbal extracts‚ and B vitamins‚” (Heckman‚ Sherry‚ & De Mejia‚ 2010). The same article places energy drinks in the “functional” category of drinks‚ a category that also includes‚ but is not limited to‚ sports drinks and work-out
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the leader in the energy drink market‚ Red Bull was created in 1984 by Dietrich Mateschitz and now produces an annual turnover of more than 3 billion Euros (Gschwandtner 2004). Red bull is an internationally popular energy drink that is intended to taste like mixed berries. Red Bull is packaged in a slim aluminium blue and silver container with two red bulls as the logo. It provides 8.3 US fl. oz. of thirst quenching power fluid and contains 80 mg. of pure caffeine; this energy drink combats mental
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MATRIX ANALYSIS AND TOWS SUMMARY 40 DECISION STAGE 41 STRATEGIC IMPLEMENTATION 43 5. STRATEGIC IMPLEMENTATION: 44 STRUCTURE & CULTURE 44 RESOURCES 44 STRATEGY # 1: TAURINE FREE RED BULL 44 STRATEGY # 2: DIVERSIFYING INTO SPORTS DRINKS MARKET 45 SYNERGIES IN VALUE CHAIN 46 PITFALLS IN STRATEGIC IMPLEMENTATION 46 SCORE CARD 48 DIAGNOSTIC SURVEY OF PRIMARY AND SECONDARY MANAGEMENT PRACTICES: 49 BIBLIOGRAPHY: 55 “MISSION
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Page |1 Executive Summary Red Bull has turned itself into a multinational company that offers a product that enhances the mind and the body. Their method of managing their internal and external situation and circumstances has become an interesting topic. Thus I conducted some analysis to look at Red Bull’s strategies‚ and especially the international strategies. The external analysis was a mix of positive and negative observations‚ for example‚ they have the advantage of the customer loyalty
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Faculty of Health and Behavioural Sciences - Papers Faculty of Health and Behavioural Sciences 2009 Alcohol energy drinks: engaging young consumers in co-creation of alcohol related harm Sandra C. Jones University of Wollongong‚ sandraj@uow.edu.au Lance Barrie University of Wollongong‚ lanceb@uow.edu.au Publication Details Jones‚ S. C. & Barrie‚ L. (2009). Alcohol energy drinks: engaging young consumers in co-creation of alcohol related harm. Proceedings of the Australian and New Zealand
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Background In 1982‚ Dietrich Mateschitz became aware of products called "tonic drinks"‚ which enjoyed widespread popularity throughout the Far East. The idea to market these functional drinks outside Asia came to him while sitting at a bar at the Mandarin Hotel in Hong Kong. In 1984‚ Mateschitz founded Red Bull. He fine-tuned the product‚ developed a unique marketing concept and in 1987‚ started selling Red Bull Energy Drink on the Austrian market. This was not only the launch of a completely new product
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more innovative: Assessing the Situation Coca-Cola is the most popular soft-drink company in the world. It provides more than 3500 beverages from diet and regular sparking beverages. In the analysis of Coca-Cola‚ it is identified that it prefers mostly soft drink products and does not provide health drink products (The Coca-Cola Company‚ 2011). It affects market of the company because competitors provide health drinks to customers. Coca-Cola provides several beverage products but these do not consider
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suggest that alcoholic energy drinks create a dangerous mix. Yet the alcohol industry markets the beverages with messages that fail to alert users of its potential threat. Thus to outdo the ominous effect of alcohol and alcohol oriented brands‚ CLOUD 9 is all geared up to give India and its people energy boost without compromising their precious lives. Cloud 9 achieves this exact balance of ’energy and health ’ through the perfect combination of naturally occurring‚ energy rich resources with high-tech
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