RED BULL:
BUILDING BRAND EQUITY IN A
  NON-TRADITIONAL WAY
              BY:
        KAMARUL ARIFFIN
           NADHIRAH
       NOORAZLIN BINTI ANI
INTRODUCTION
1985
QUESTION 1
Describe Red Bull’s sources of
        brand equity.

  Do these sources change
 depending on the market or
          country.
BRAND EQUITY

Brand equity is a set of characteristics
that are unique to a brand. In essence,
 brand equity is the perception that a
  good or service with a given brand
     name is different and better.
          (Clow & Baack, 2012 )


     Brand equity is the added
         value endowed to
      products and services.
      ( Kotler & Keller, 2012 )
SOURCES OF BRAND EQUITY
AUSTRIA
UNITED KINGDOM

                           “gives you
                            wiiings”



 “never under estimate
what Red Bull can do for
         you”
UNITED STATES




        65%
        Market
        Share
QUESTION 2
Analyze Red Bull’s marketing
  program in terms of HOW it
contributes to the brand’s equity.

   Discuss its strengths and
        weaknesses.
BUILDING BRAND EQUITY
                               RECOGNIZED



REGISTERED


    COMPETITION                             PERSUASIVE




 LESS SUGAR


                                        FUN



                  LINGUISTIC
BRAND EQUITY
                         TWO BULLS COLLIDE




 FUNCTIONAL

GRAPHIC
      SHAPE                           ENERGY




                 “GIVES YOU WIINGS”
ADVERTISING
RED BULL TV AD, SUPERHERO
SAMPLING
“ sampling [is a] key element of Red Bull’s
 marketing strategy. The customer feedback
that they get in invaluable and the conversion
               rates are huge. “

 - Henry Drnec, Red Bull Managing Director United Kingdom
EVENT MARKETING
RED BULL FLUGTAG DAY 2012
SPORTS MARKETING
RED BULL SIGNATURE SERIES
POINTS-OF-PURCHASE
QUESTION 3
How can Red Bull maintain its
   marketing momentum?
Would you recommend that Red
    Bull develops any brand
 extensions? If so, what would
           they be?
   Would you use the same
    marketing strategy?
Red Bull maintain their marketing
momentum thru their Marketing Program
RED BULL STRATOS 2012 JUMP
RED BULL STRATOS 2012 JUMP




  Felix Baumgartner's epic jump from the edge of space was successful.
  Supported by a team of experts, Felix ascended in a helium balloon to
 an altitude of 120,000 ft / 36,576 m where he took a leap of faith into the
 unknown in an attempt to become the first person to break the speed of
                             sound during freefall.
Source: http://www.youtube.com/user/redbull/featured, as on 18 Oct 2012
Brand Extensions
     Brand extensions could be
considered, but marketing research
needs to be conducted to assess the
  effect of such extensions on the
        image of the brand.
Before doing brand extension , refer
   customer Brand equity pyramid     at
   performance dimension. Red Bull need
   to cope up:

Primary ingredients and supplementary features
Product reliability (consistency of performance),
durability (life-span), and serviceability (after sales)
Service         effectiveness    (speed),        efficiency
(responsiveness), and empathy (caring, trusting)
Style and design
Price
Currently there are only
four product made: Red
Bull Energy Drink, Red
Bull Sugar Free, Red
Bull Energy Shots, and
Red Bull Cola. Each
product is in line with the
original tagline that
makes Red Bull so
successful- “Red Bull
Gives You Wiings”. In
2005- Thailand launch
Red Bull ice coffee.
Lower-priced extensions as well
 as extensions to new product
categories are possible options.

 One of the pulling buying powers
 for Red Bull is lower price which
offer by Red Bull compare to other
    company is same category.
QUESTION 4
Evaluate Red Bull’s move into
herbal teas, fast-food chains,
      and magazines.
 Does it make sense for the
company to expand into these
areas? What are the potential
   benefits and dangers?
There is pro and contra to
      extend product
 development. What Red
Bull need to do is to have
    proper research in
  extending product and
  associate it with other
   product or services.
QUESTION 5
“a Red Bull consumer first attracted to
the product as a nightlife enhancer in his
 or her early twenties might later use the
    drink as a morning pick-me up or a
 revitalizer during a long day meetings.”

How effective is Red Bull at a
 advertising to these varied
          groups ?
IVE!
EF FECT
CONCLUSION
“ The reasons for consumptions change,
but the basics are always there: the real
                benefit.”
- Norbert Kraihamer, Red Bull’s Group Marketing and Sales
                         Director
Thank You

Red bull final case study

  • 1.
    RED BULL: BUILDING BRANDEQUITY IN A NON-TRADITIONAL WAY BY: KAMARUL ARIFFIN NADHIRAH NOORAZLIN BINTI ANI
  • 2.
  • 3.
  • 23.
  • 24.
    Describe Red Bull’ssources of brand equity. Do these sources change depending on the market or country.
  • 25.
    BRAND EQUITY Brand equityis a set of characteristics that are unique to a brand. In essence, brand equity is the perception that a good or service with a given brand name is different and better. (Clow & Baack, 2012 ) Brand equity is the added value endowed to products and services. ( Kotler & Keller, 2012 )
  • 26.
  • 28.
  • 29.
    UNITED KINGDOM “gives you wiiings” “never under estimate what Red Bull can do for you”
  • 30.
    UNITED STATES 65% Market Share
  • 31.
  • 32.
    Analyze Red Bull’smarketing program in terms of HOW it contributes to the brand’s equity. Discuss its strengths and weaknesses.
  • 33.
    BUILDING BRAND EQUITY RECOGNIZED REGISTERED COMPETITION PERSUASIVE LESS SUGAR FUN LINGUISTIC
  • 34.
    BRAND EQUITY TWO BULLS COLLIDE FUNCTIONAL GRAPHIC SHAPE ENERGY “GIVES YOU WIINGS”
  • 35.
  • 36.
    RED BULL TVAD, SUPERHERO
  • 37.
  • 38.
    “ sampling [isa] key element of Red Bull’s marketing strategy. The customer feedback that they get in invaluable and the conversion rates are huge. “ - Henry Drnec, Red Bull Managing Director United Kingdom
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
    How can RedBull maintain its marketing momentum? Would you recommend that Red Bull develops any brand extensions? If so, what would they be? Would you use the same marketing strategy?
  • 46.
    Red Bull maintaintheir marketing momentum thru their Marketing Program
  • 50.
  • 51.
    RED BULL STRATOS2012 JUMP Felix Baumgartner's epic jump from the edge of space was successful. Supported by a team of experts, Felix ascended in a helium balloon to an altitude of 120,000 ft / 36,576 m where he took a leap of faith into the unknown in an attempt to become the first person to break the speed of sound during freefall.
  • 55.
  • 56.
    Brand Extensions Brand extensions could be considered, but marketing research needs to be conducted to assess the effect of such extensions on the image of the brand.
  • 57.
    Before doing brandextension , refer customer Brand equity pyramid at performance dimension. Red Bull need to cope up: Primary ingredients and supplementary features Product reliability (consistency of performance), durability (life-span), and serviceability (after sales) Service effectiveness (speed), efficiency (responsiveness), and empathy (caring, trusting) Style and design Price
  • 59.
    Currently there areonly four product made: Red Bull Energy Drink, Red Bull Sugar Free, Red Bull Energy Shots, and Red Bull Cola. Each product is in line with the original tagline that makes Red Bull so successful- “Red Bull Gives You Wiings”. In 2005- Thailand launch Red Bull ice coffee.
  • 60.
    Lower-priced extensions aswell as extensions to new product categories are possible options. One of the pulling buying powers for Red Bull is lower price which offer by Red Bull compare to other company is same category.
  • 61.
  • 62.
    Evaluate Red Bull’smove into herbal teas, fast-food chains, and magazines. Does it make sense for the company to expand into these areas? What are the potential benefits and dangers?
  • 63.
    There is proand contra to extend product development. What Red Bull need to do is to have proper research in extending product and associate it with other product or services.
  • 66.
  • 67.
    “a Red Bullconsumer first attracted to the product as a nightlife enhancer in his or her early twenties might later use the drink as a morning pick-me up or a revitalizer during a long day meetings.” How effective is Red Bull at a advertising to these varied groups ?
  • 68.
  • 69.
  • 70.
    “ The reasonsfor consumptions change, but the basics are always there: the real benefit.” - Norbert Kraihamer, Red Bull’s Group Marketing and Sales Director
  • 72.