Dietrich Mateschitz founded Red Bull in Austria in 1987. It has since expanded to over 165 countries and sells 60 billion cans annually. Red Bull's logo and various editions help build its brand. It targets sports enthusiasts and teenagers with grassroots marketing like sponsoring extreme sports. Though the leader in the energy drink category, Red Bull faces threats from competitors introducing new products and flavors. It aims to strengthen its global presence and expand into emerging markets through product extensions and strategic sponsorships.
Red Bull is an Austrian-produced energy drink that competes in a very narrow niche of the carbonated soft drink market.
Research about History, Product, Market, Sales, Challenge, ...
Researcher: Mehran Nassiri, Zeinab Arij, Sanaz Shojaei
Red Bull is an Austrian-produced energy drink that competes in a very narrow niche of the carbonated soft drink market.
Research about History, Product, Market, Sales, Challenge, ...
Researcher: Mehran Nassiri, Zeinab Arij, Sanaz Shojaei
Red bull is the energy drink.In this presentation you will find its ingredients,their benefits,their nutritional facts,market,flavors,competitors and their benefits.You will also learn the target market of the company and the introduction of the company and his owner.
This ppt covers briefly the advertisement strategies of redbull, its strength and weaknesses. The ppt is based on the case study present in the book of Marketing Management by Philip Kotler.
This Presentation is prepared by Rahul Ladiya Student of Maulana Azad National Institute Of Technology (NIT) BHOPAL under the guidance of Prof. Sameer Mathur of IIM Lucknow.
This highlights the integrated marketing communications strategy of Red Bull & solves the case study questions of the Chapter-17 of Kotler Keller book,15th edition.
Red bull is the energy drink.In this presentation you will find its ingredients,their benefits,their nutritional facts,market,flavors,competitors and their benefits.You will also learn the target market of the company and the introduction of the company and his owner.
This ppt covers briefly the advertisement strategies of redbull, its strength and weaknesses. The ppt is based on the case study present in the book of Marketing Management by Philip Kotler.
This Presentation is prepared by Rahul Ladiya Student of Maulana Azad National Institute Of Technology (NIT) BHOPAL under the guidance of Prof. Sameer Mathur of IIM Lucknow.
This highlights the integrated marketing communications strategy of Red Bull & solves the case study questions of the Chapter-17 of Kotler Keller book,15th edition.
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2. INTRODUCTION
• Austrian entrepreneur Dietrich Mateschitz is the
owner of this company.
• It is the multinational company spread world wide.
• Origin country of this product is Austria
• Variant types are Original, Sugerfree, Cola, Total Zero,
Red Edition, Blue Edition, Silver Edition, F1 Edition
• Various products of red bull are Red Bull Cola, Red
Bull Energy Shot, Red Bull Sugar-Free, Red Bull Total
Zero, Red Bull Racing , Red Bull Racing Team
4. PRODUCT BENEFIT
Increase physical
endurance
Improve overall feeling of
well being
Increase the mental
alertness
Increase reaction speed
and concentration
Stimulates the
metabolism and help to
eliminate the waste
substance
5. GROWTH
• 1987: Available in 1 country
• 1992: Available in 3 countries
• 1995: Available in 15 countries
• 1998: Available in 45 countries
• 2001: Available in 73 countries
• 2004: Available in 124 countries
• 2009: Available in 160 countries
6. And now, Red Bull sells 60
billion cans each year in over
165 countries all over the
world.
8. COMPETITION
• Redbull’s real competitors are the market
leaders of cola companies such as : Pepsi &
Coca Cola, who have created their brand
leadership since several years in the
International market.
9. Top 10 players in soft drinks by
value share
Red Bull GmbH however with its relatively
premium but small serving size Red Bull brand
ranks seventh in 2012. The company’s narrow
focus in soft drinks, being almost exclusively based
on energy drinks, continues to keep the company
out of the top five in soft drinks.
TCCC and PepsiCo capture a stronger share in
value than in volume terms chiefly due to their
products, particularly carbonates, being priced
higher than local brands and private label,
benefiting from strong brand equity and extensive
distribution networks
13. Segmentation Yes, mostly to Sportsmen and teenagers
Promotion
Communication
strategy
Brand extensions
Brand
ambassadors
Sold for free in Clubs, night spots, sports events.
Tag lines such as “gives you wings” clearly communicates it as an Energy drink
Yes, but not significant. Mostly focuses on health factor-”sugar free”; “zero calorie”
No prominent Brand ambassador. However advertises in race car logos,
F-1 Racing
Packaging
Aluminum cans, cause waste management issues. Available in different
volumes
Advertisement
Television, Digital Channels. However frequency is less, mostly focuses on
direct marketing
Personal Selling
Hire college students to deliver its products and finally, hiring hip locals ‘who
embody the spirit of Red Bull’ in target areas to drive around in a Red Bull logoed
car
Social Media
Presence
Massive (Facebook, Twitter, Google, Pinterest)
Overall Marketing Strategies
Follows a
Grassroots
marketing
strategy
17. Series of air races to navigate a challenging
obstacle course in the fastest time over water ,
airfields or natural wonders.
18. STRENGTH WEAKNESSS
CATEGORY LEADER :
Red Bull has established a strong, consistent
brand image (an independent, edgy brand)
globally. Red Bull is synonymous with energy
drinks in many countries.
GLOBAL PRESSENCE :
Red Bull has a broad geographic presence,
which should ensure positive long-term
growth even if certain markets reach
maturity.
MARKETTING STRATEGY:
The promotional activities engaged by Red
Bull throughout extreme sports sponsorships
have helped the brand to build a strong
identity and consumer base
CATEGORY LIMITATIONS :
Red Bull has a limited product portfolio
compared to the rising number of rivals with
a plethora of flavour variants and categories.
PRICING:
Red Bull products are above the energy
drinks average price,consumers tend to think
twice at the time of purchase.
CONTROVERSIAL :
The relatively high caffeine content of Red
Bull makes the brand highly vulnerable to
regulatory control
SWOT ANALYSIS
19. OPPORTUNITIES THREATS
EMERGING MARKETS:
Emerging markets represent newer geographies for
Red Bull’s expansion. Accelerating the marketing
and sponsorships in these markets is a wise move.
NEW PRODUCTS:
Red Bull is building a new production facility in
Brazil which is likely to make its retail price more
competitive than imported product prices. Building
a site in Asia should also be considered.
PRODUCT LINE EXTENSION:
Offering new flavours and formats will help Red
Bull to improve its market shares.
COMPETITION:
Monster represents the biggest threat to
Red Bull as it contains natural
ingredients, which seem more desirable
than Red Bull for some consumers.
NEGATIVE PUBLICITY:
Media reports that ,Red Bull is harmful
for health,recent reports claim that Red
Bull drinks comprises of bull
semen,though all this is rumour,but it
influence company’s image.
20. “ The reasons for consumptions change,
but the basics are always there: the real
benefit.”
- Norbert Kraihamer, Red Bull’s Group Marketing and Sales
Director
CONCLUSION
21. DISCLAIMER
Created by AKASH DEEP, IIT Kanpur during a marketing
internship by Prof. Sameer Mathur, IIM Lucknow (see
www.IIMInternship.com)