Dissertation Proposal: The detailed exploration of the global energy drinks market with a primary focus on the marketing strategies of Red Bull. Laurence Deer U0870273 Global Marketing Supervisor: Len Tiu Wright Contents Page 1: Title Page Page 2: Contents Page 3: Title‚ Rationale for study‚ Introduction‚ Research question‚ Significance Page 4: Background‚ Aims and Objectives‚ Literature review Page 5: Literature review Page 6: Literature review continued‚ Methodology
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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 the needs‚ Red Bull evoked consumers to link energy drinks to their product according to the function and prices. People
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introduce the Red Bull energy drink to Venezuela’s growing‚ youthful population. Red bull is an internationally popular energy drink that is intended to taste like mixed berries. Red Bull is packaged in a slim aluminum 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 and physical fatigue. Red Bull however‚ was not always Red Bull; this energy drink originated in Thailand
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University Dr. Ralf Wilhelms MKTG 531 October 12‚ 2014 “With as much caffeine as a cup of coffee‚ a can of Red Bull is all about energy. The brand’s promise is that it will increase performance‚ concentration‚ reaction speed‚ vigilance‚ and even well-being. How to tell that story? It is not easy in a cluttered confusing world of canned drinks with energy connotations like Monster‚ Gatorade‚ Coca-Cola and many more. The answer is not taste or flavor claims but a host of sponsorships of people
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50% of the energy drink market in the United States and up to 80% in other countries with an approximate 65% overall market share. Those are just some quick and dirty facts about Red Bull to help frame the what is really interesting about Red Bull. I think one of the most interesting aspects about Red Bull is how their brand has become the product (energy drinks). Even though there are now over 150+ competitors in the energy drink space‚ most people I know still refer to energy drinks as Red Bull
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the healthiest energy drink. The reason that all these products are healthier than all the products out there is that it has a two ounce shot of Vemma in every single product. I love when people say it’s not healthy. Is that why Dr. Oz has had it in on his show three different times this year‚ and said “One handful of almonds and half a Verve will help boost your vitamin D. Yes the Dr. Oz who’s boss is Oprah Winfrey‚ who isn’t even human‚ she’s like an alien. We are the official drink of the NBA team
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company should enter into the energy beverage market. In 2007‚ Dr. Pepper Snapple‚ Inc. was the only major domestic carbonated soft drink company (CSD)‚ which did not introduce a line of energy drinks. Dr. Pepper Snapple‚ Inc. needs to determine the most effective and efficient way to enter the market. Alternatives The alternatives Dr. Pepper Snapple‚ Inc. faces are whether or not to enter into the energy drink market. It seems that launching a new product with the energy beverage market would be
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carrier for these essential micronutrients. On the family brands‚ Cowbell and Loya‚ we have added a specially formulated pre-mix of vitamins A‚ C‚ D‚ E and K. In Cowbell Chocolate milk‚ a similar vitamin pack has been added together with the important energy releasing B vitamins‚ as well as Magnesium and Iron. This complete cocoa beverage is predominantly consumer by 6-15 year olds. For this reason it has necessitated additional fortification‚ together with the ‘3 in 1’ cocoa + milk + sugar product delivery
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‚ pp. 15-18). McGraw Hill/Irwin. Goldschein‚ E. (2011‚ November 14). 11 incredible facts about the global coffee industry. Retrieved from http://www.businessinsider.com/facts-about-the-coffee-industry-2011-11?op=1 Monster Energy Drink® | Products. (2012). Monster Energy Drink® | Home. Retrieved from http://www.monsterenergy.com/us/en/products/#!/products%3Atoffee
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Gatorade products. Gatorade in 1965 became the first drink of its kind. Now the sports drink market is absolutely huge‚ reaching upwards around 300 billion dollars sales per year worldwide. Gatorade in 2008 had an amazing 82% control of the sports drink market share. It accomplished such great dominance through its one of a kind marketing tactics in the sports drink market that has yet to be matched. Gatorade was the first sports drink to sponsor a league in 1967 and today has sponsorships
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