2012 Submitted by: Farhan Farooq Ali FA07-MB-0043 Submitted to: Sir Baber Wahab Marketing Management Market Audit Sports and Energy Drinks UK Market Focusing on the Microenvironment of Red Bull Table of Contents 1.0 Introduction 4 2.0 Industry Analysis 5 2.1 Market Analysis 5 2.2 Growth 7 3.0 Market Focus: Red Bull 13 3.1 Red Bulls Strategy 13 3.2 Porter’s Five Forces 13 4.0 Conclusions & Recommendations 18 5.0 Reference 19 Executive Summary Red
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is included soda‚ tea‚ energy drinks‚ and fruit juices. For energy drink‚ there are over 10 different flavors as well as over 5 different coffee flavors. Different colored logo on cans‚ represent different flavors. The variety of flavors gives consumers a wide selection depending on what their taste preference is. Also‚ they still continued to expand their existing products line and flavors. Weakness The product size is one of the major weaknesses of Monster energy drink. Size of can is too big
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Monster Energy is known around the world for their energy drinks‚ but what else could they do to give them a competitive advantage over their competitors? Most people in the morning reach for anything with caffeine from coffee to energy drinks as well as something to eat on their way to work or school. What if there was something out that contained caffeine that you can eat and contained caffeine like an energy drink or a cup of coffee? Monster can expand would be through related diversification
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Haron 17 December 2011 Wake-UP Energy Drink Design Process Goal for Wake-UP Ad Campaign The goal for Wake-UP Energy Drink (Wake-Up) Ad is to inform consumers that the new Wake-UP Energy Drinks are made with all natural ingredients with great taste and that there are seven flavors‚ both sugar and sugar-free. Wake-UP conducted research and will have to create a brand name because there are hundreds of energy drink brands on the market (Watson). Since 2006‚ energy drinks have become a 5.7 billion industry
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best product‚ with the best taste at the best price. Brief History Energy drinks have their origin in Japan during 1960s‚ Lipvitan D which was a mix of the B Vitamins‚ niacin and taurine which was reputed to boost your energy levels and make you more focused. Lovers of the night time activities soon adopted this drink to raise their stamina and physical performance so they could party longer. In today’s world energy drinks are used by all sorts of people‚ from students cramming for exams‚ to
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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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1.0 Company background 1.1 Overview From the invention of the first soft drink more than 200 years ago to some of the industry’s most beloved beverage brands‚ Dr Pepper Snapple Group (DPS) has a proud legacy of innovation‚ bold and distinct flavors‚ and entrepreneurial spirit. On May 7‚ 2008‚ DPS became a stand-alone‚ publicly-traded company on the New York Stock Exchange as the result of a spin-off by Cadbury‚ plc which held the Cadbury Schweppes Americas Beverages business group of entities
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One of the root of this question lies in a statistics of market growth provided in the case study (p.2) which shows its decline in volume for energy drinks from 44% in 2000 to 6.5% in 2003. Another reason is connected with the increasing competition in this segment of beverage industry where such giants as Coca-Cola and Pepsi began to promote their energy drinks. The problem with the second reason is that these companies have more traditional marketing approach and target wider market while Red Bull
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Overview about Red Bull Red Bull is an energy drink. Red Bull is an adaptation of the Thai energy drink Krating Daeng‚ which translates as "Red Bull". Based on market share‚ it is the most popular energy drink in the world. The company was founded by Thai national Chaleo Yoovidhya and Austrian national Dietrich Mateschitz. Red Bull ’s slogan is "it gives you wings" and the product is aggressively marketed through advertising‚ tournament sponsorship sports team ownerships (Red Bull Racing‚ Red Bull
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QUESTIONS FOR DR. PEPPER SNAPPLE GROUP _1. HOW WOULD YOU CHARACTERIZE THE ENERGY BEVERAGE CATEGORY‚ COMPETITORS‚ CHANNELS‚ AND DPSG’S CATEGORY PARTICIPATION IN LATE 2007?_ In late 2007 the energy beverage category was reaching market maturity and projected to have a slower annual growth rate from 2007 to 2011 (10.5%) than it had between 2001 and 2006 (42.5%). Rising prices‚ packaging competition‚ and the introduction of hybrid energy beverages also added to the slower projected growth rate. However in
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