RED BULL CASE STUDY Q1. How will you characterize Red Bull’s overall global marketing strategy? 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
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Right to Own Pit Bulls The American Pit Bull Terrier has fallen under harsh criticism in recent years. Several attacks have led to Breed-Specific Legislation or BSL. Breed-Specific Legislation has led to the downright banning of pit bulls in several cities in the United States (“Breed Specific Legislation”). These legislations are unfair and ineffective. The pit bull is only a product of its owner and its surroundings. The pit bull is the most misunderstood and persecuted breed of dogs. If properly
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Red Bull is a privately owned company‚ producing and distributing the Red Bull energy drink to more than 165 countries worldwide. The company was founded by Dietrich Mateschitz in Austria in 1984 and launched Red Bull onto the Austrian market in 1987. Since then more than 35 billion cans of Red Bull have been consumed. Red Bull employs over 8‚900 people throughout the world‚ its corporate headquarters are located in Fuschi am See‚ Austria. (N/A‚ 2012). This report focuses specifically on the
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Business Unit 3 Marketing Of ‘Red bull’ Introduction As part of my marketing assignment‚ I will be looking at the marketing of a consumer product or service. Therefore‚ my chosen product is ‘Red bull’‚ which is an energy drink. I have assumed that my product is targeted at people that have similar situations to the ones used in advertisements for red bull. I will be looking to spot if the strategy used is based on the principles of marketing: Ø Understanding consumer wants: to become
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every visible element: logo‚ slogan and can. Logo. Red Bull Logo Red Bull´s gold and red logo has been consistent over time. The two red bulls facing each other are a symbol of strength‚ energy power‚ risk-taking and aggressiveness. The sun rising alike background makes reference to its Asian roots (Thailand). The blue and silver symbolize intellect and “coolness” while the red and yellowish characterize emotion. Slogan “Red Bull gives you wings” Wings & the product Wings & the people
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P. 20 July‚ 2010 Pit Bulls: Mean or Misunderstood? Who’s afraid of the big bad Pit Bulls? Well‚ lots of people are no thanks to damaging myths‚ inexperienced owners‚ and the hyped up media coverage‚ that has been giving this breed of dogs grief for years. “Pit Bulls are famous‚ in circles of knowledgeable dog people‚ for the love and loyalty they bestow on anyone who shows them a smidgen of kindness”‚ said Linda Wilson-Fuoco. Most people will argue that pit bulls are not born mean or aggressive
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Red Bull is the most popular energy drink that sold by Austrian company Red Bull GmbH‚ created in 1987. Red Bull drink was originally developed in Thailand by Bangkok-based TC Pharmaceutical Industry Company Ltd. By Mr. Chaleo Voovidhya in 1962 and sold under the name of Krating Deang (Red Bull). After Krating Deang (Red Bull) was very successful in Thailand market‚ in 1982 Krating Deang was transformed into global brand by Mr. Dietrich Mateschitz‚ an Austrian businessman. The story was come from
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Red bull case study Derek Falls W0270184 February 19‚ 2015 1: Red Bull has a strong marketing strategy for communicating product value to their customers‚ the strategy around red bull has been created around whenever the customer needing energy‚ the company wants customers to automatically think about red bull. Red Bull used traditional means for marketing‚ but majority of their advertisements and marketing have been through word-of-mouth relying on the associations of the dangerous youthful culture
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Topic 1: Introduction to Marketing Red Bull 1. The Product/ Competitors/Industry 1.1 Product Red Bull is a sweet‚ caffeinated drink aimed to give consumers the high energy kick. Available only in rather expensive 250ml cans‚ 350ml bottles‚ with 4 packs and only two ‘flavours’ (original or sugar-free). It contains caffeine‚ taurine‚ glucuronolactone‚ and B vitamins. Founded in 1984 by Austrian businessman Dietrich Mateschitz‚ Red Bull has become the worlds leading energy drink‚ a staple in many
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3.1 Product strategies with the regard to BCG-Model and the Ansoff-Matrix This section of the report deals with the product strategy and aims to assess the application of the BCG-Model and the Ansoff-Matrix to the Red Bull Company in the provided case study. In the first part of the section we will briefly touch upon the product strategy to highlight its critical importance as it is a key marketing decision area‚ being one of the elements of the marketing mix. Another significant matter that will
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