Red Bull Corporate Motivation and Culture Table of Contents Summary…………………………………………………………………………Page 2 Motivation……………………………………………………………….……….Page 3 Culture………………………………………………………………...…………Page 7 Conclusion…………………………...…………………………………….…….Page 11 References………………………………………………………………….……Page 12 Evaluation Sheet……………………………………………………………...…Page 16 Summary: Red Bull‚ the producer of the number one energy drink in the world
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The Anti-Brand Brand The image of Red Bull is open to interpretation. It is synonymous to a “bull in china shop” – it is not subtle and you are likely to break something‚ however‚ you will look cool doing it and become part of a sub-culture bordering on anti-establishment. This is the key to the “BUZZ” – there are no rules. Who doesn’t have a rebel inside wanting to get out‚ who wants to fly‚ jump‚ ski or escape from the mundane? Red Bull developed a safe way of escape through association: energy
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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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In 2008‚ the UK Energy and Sport drink market is estimated to be worth £650 million‚ with growth projected for the future. Red Bull stands as the market leader in not only the UK market‚ but also worldwide. The market is decidedly young‚ focusing mainly on the 16 to 24 year old segment. The product itself and its effectiveness is highly subjective‚ shaped by previous conceptions‚ brand image and health knowledge. Research has shown that these factors play a role in not just the perception of energy
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Changing profile of Indian consumer The Bajaj Chetak 150 MT is an old-time favourite from the house of Bajaj. One could find a Bajaj Chetak in every middle class household. However‚ with the passage of time‚ the average Indian’s taste changed. They wanted a modern looking and stylish vehicle. Since there was no demand for Bajaj Chetak any longer‚ finally‚ Bajaj had to stop the production of its all – time favourite scooter. This example can be cited as an eye-opener for the change in behaviour
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Promotion A consumer profile report for a specific retailer or brand discussing how the brand/retailer utilises fashion promotion methods and principles to influence their target consumer. The report should be 2500 words‚ (excluding tables‚ reference page and appendices). The report layout should be professionally presented with numbered headings and subheadings‚ page numbers and should include relevant headers and footers. The report should be written in the third person with no
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Giving Red Bull Chinese Wings Following a slow birth to their inception in 1984‚ Red Bull (RB) went back to the drawing board and through ‘out of the box’ ingenuity and innovative marketing strategies by 2003 RB captured not only the American but many European markets (Buchholz 2008). However‚ now in a deeply saturated market‚ RB must try and differentiate themselves once more against their competitors in order to remain dominant in the energy drink market. The most critical marketing issue
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Passion and Innovation for the Apparel Industry. That’s American Apparel. CONSUMER PROFILE Maddison Kain 25/03/2013 CONSUMER PROFILE Maddison Kain 25/03/2013 AMERICAN APPAREL CONSUMER PROFILE DEMOGRAPHIC American Apparel is a relatively “young” fashion line that caters for the 20-30 age bracket‚ with a largely female skew‚ however they have a diverse range that caters for the growing male market—who are becoming more and more “fashion conscious” in an age where merchandise rules who’s
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Consumer Market Profile Worksheet Page 1 of 1 1. Demographic market description: Describe the demographic details of your target market. The following items include general descriptive categories you might identify for your customers. Skip items which are not applicable and add items that are. • Age range • Income range • Sex • Occupation • Marital Status • Family size • Ethnic Group • Level of Education • Home ownership • Other 2. Geographic market description: • Area served
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into Red Bull Company‚ we can differentiate what Red Bull need to do to recover from dropping in sales (Kotler‚ 2009‚ p.217). First of we need to find out what is the problem‚ second how to tackle that problem‚ and take action. STP is a way to solve the problem facing Red Bull. We would like to produce two new products which are (1) drink of the night and (2) healthy bull. We segment demographically in ages (13-35) and (36-60). Behavior wise‚ customers all over the world has to view Red Bull as an
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