Professional Documents
Culture Documents
Introduction
Created by Dietrich Mateschitz (Austrian Red Bull) Came into existence in 1984 Pioneer in the energy drink category worldwide RB has a market share of 29% of the global market of energy drinks
U.S. 47% Germany 50%
Red Bull is inspired from a drink Krating Daeng in Thailand Red Bull created energy drink category in India It was launched in 2003 in India
Advertising
Direct Marketing
Sales Promotion
Personal Selling
Media
Ad Campaigns on Major TV Channels
Internet Media
Social Networking Websites Promos on Google and other major websites
Quirky Ads
Extreme Sports
Red Bull adopted brand qualities like Energy, Danger & Youthfulness Started to sponsor/associate with extreme sports
Athletes
Started sponsoring high performing athletes Gained loyalties from the fans of these athletes
Advertising
Target Audience Image Product/Service to be emphasized Money Spending Timeline
IMC Methodologies
How to Communicate? How do customers process information?
Thorough understanding of the audience needs, emotions & activities is essential to ensure accuracy & relevance of the message.
Public Relations
Monitor over the web Media Relations Create Public Awareness Use the help of Technology
Consumer Promotions
Sponsors many sport events Event Sponsoring attracts people s attention towards the product
Personal Selling
Sampling is another very important part of the three pillar marketing system. As the major purpose of Red Bull is to energize the company samples at the right place at the right time, where it finds its exact target market. Examples of usage are driving, studying, working night shifts and sports.
Magazines:
Economical. Provides higher brand awareness.