Professional Documents
Culture Documents
ON
‘’ A STUDY ON CUTOMER SATISFACTION AND
MARKETING EFFECTIVNESS OF RED BULL ’’
BACHELOR OF
BUSINESS ADMINISTRATION
(Affiliated to Mahatma Gandhi Kashi vidyapith Varanasi, Uttar Pradesh)
SCIENCE, VARANASI
1
2
3
DECLARATION
I hereby declare that the information given by me in the project report is
true, complete and correct to the best of my knowledge and belief. I have
utilized the concepts and applied the required methodologies to analyze the
data collected to reach the conclusion present in the report.
I claim the report to be my indigenous work and has not been published
anywhere else.
RAKESH KUMAR
BBA (V Semester)
Roll No-BBA2125146
Acknowledgement
Special thanks go to our Prof. P.N. JHA (Director) of SMS, Varanasi who
Gave me such a great opportunity to work on a project where I can show
my creativity.
Thanks!
SR. No. Title Page no.
1 Introduction 7
2 Chapter – 2 11
Review of Literature
3 Chapter – 3 15
Research Methodology
4 Chapter – 4 29
Data Analysis
5 CHAPTER 5 51
Findings and Conclusion
6 ANNEXURE 55
7 BIBLIOGRAPHY 60
TITLE
7
Introduction
Redbull is a popular energy drink that has gained widespread popularity among
consumers, especially among young adults and college students. With its
unique marketing strategies and high-energy branding, Redbull has become a
staple in the lives of many individuals looking for a quick boost of energy.
The findings from this survey will provide valuable insights into the consumer
preferences and attitudes towards Redbull, which can be
8
beneficial for marketers and businesses in understanding their target audience
better. It will also serve as a resource for individuals who are interested in
learning more about the impact of energy drinks on consumer behavior and
health.
Overall, this survey report aims to shed light on the various aspects of Redbull
consumption and its implications for consumers. By examining these factors,
we hope to contribute to a better understanding of the role that energy drinks
play in our society today.
Red Bull is known for its extensive sponsorship and involvement in a wide
range of events, particularly those related to extreme sports, music, and
culture. The company has a history of supporting athletes, artists, and events
that align with its brand image of energy, excitement, and adventure.
9
In addition to extreme sports events, Red Bull also sponsors music festivals and
cultural events around the world. The company often hosts its own branded
events such as the Red Bull Music Festival and the Red Bull BC One
breakdancing competition.
Overall, Red Bull's sponsorship and involvement in events play a significant role
in shaping its brand identity as an adventurous and energetic lifestyle brand.
Through these partnerships, the company continues to engage with its target
audience while also supporting athletes and artists in their respective fields.
Red Bull, since its inception, has transcended traditional boundaries and
redefined the concept of energy drinks. With its iconic blue and silver can,
coupled with the slogan "Red Bull gives you wings," the brand has successfully
positioned itself as a lifestyle product synonymous with vitality, performance,
and an adventurous spirit. The unique blend of ingredients, including caffeine,
taurine, and B-vitamins, has not only contributed to its widespread popularity
but has also fueled discussions about its impact on consumer well-being.
10
In this study, we aim to explore the various dimensions of customer
satisfaction related to Red Bull. Understanding the factors that contribute to
customer contentment and loyalty is crucial for any brand's sustained success.
Additionally, we will scrutinize the marketing strategies employed by Red Bull
to ascertain their effectiveness in capturing and retaining market share. From
its groundbreaking events and sponsorships to its digital marketing initiatives,
Red Bull has consistently demonstrated a commitment to staying at the
forefront of consumer consciousness.
11
Research objective
4. To learn the perception of the public towards the Energy Drink relating
to various parameters. (Safety, Hygiene, Affordability, etc).
6. To ascertain the factors that affects the choice of Red Bull as opposed to
its competitors.
12
Chapter – 2
Review of Literature
13
Effect of red bull energy drink on auditory reaction
time and maximal voluntary contraction – By V. Goel, S.
Manjunatha, K. M. Pai
The effects of any drink on the ART did not differ significantly between
males and females when compared across gender groups, however
14
overall, females had a much lower MVC than males. Energy drinks and
control drinks both dramatically speed up reaction times, but they might
not have any impact on muscle function. The fact that energy drinks are
no more superior than control beverages in and of themselves may
mean that caffeine has little bearing on the positive effects observed
after consumption.
Candow, DG, Kleisinger, AK, Grenier, S, and Dorsch, KD. Effect of sugar-
free Red Bull energy drink on high-intensity run time-to-exhaustion in
young adults. J Strength Cond Res 23(4): 1271-1275, 2009-Consuming
sugar-free Red Bull energy drink before exercise has become
increasingly popular among exercising individuals.
15
placebo (lemon-lime flavored soft drink, tonic water, lime juice; 4
kcal/250 mL) separated by 7 days.
Physiological Reports
The energy drink Red Bull (RB) has recently been shown to elevate
resting blood pressure (BP) and double product (reflecting increased
myocardial load). However, the extent to which these effects can be
explained by the drink's caffeine and sugar content remains to be
determined. We compared the cardiovascular impact of RB to those of a
comparable amount of caffeine, and its sugar‐free version in eight young
healthy men. Participants attended four experimental sessions on
separate days according to a placebo‐controlled randomized crossover
study design. Beat‐to‐beat hemodynamic measurements were made
continuously for 30 min at baseline and for 2 h following ingestion of
355 mL of either (1) RB + placebo; (2) sugar‐free RB + placebo; (3) water
16
+ 120 mg caffeine, or (4) water + placebo. RB, sugar‐free RB, and water
+ caffeine increased BP equally (3–4 mmHg) in comparison to water +
placebo (P < 0.001). RB increased heart rate, stroke volume, cardiac
output, double product, and cardiac contractility, but decreased total
peripheral resistance (TPR) (all P < 0.01), with no such changes observed
following the other interventions. Conversely, sugar‐free RB and water +
caffeine both increased TPR in comparison to the water + placebo
control (P < 0.05). While the impact of RB on BP is the same as that of a
comparable quantity of caffeine, the increase occurs through different
hemodynamic pathways with RB's effects primarily on cardiac
parameters, while caffeine elicits primarily vascular effects. Additionally,
the auxiliary components of RB (taurine, glucuronolactone, and B‐group
vitamins) do not appear to influence these pathways.
Summary. The effects of Red Bull Energy Drink, which includes taurine,
glucuronolactone, and caffeine amongst the ingredients, were examined
over 3 studies in a total of 36 volunteers. Assessments included
psychomotor performance (reaction time, concentration, memory),
subjective alertness and physical endurance. When compared with
control drinks, Red Bull Energy Drink significantly (P < 0.05) improved
aerobic endurance (maintaining 65–75% max. heart rate) and anaerobic
performance (maintaining max. speed) on cycle ergometers. Significant
improvements in mental performance included choice reaction time,
concentration (number cancellation) and memory (immediate recall),
which reflected increased subjective alertness. These consistent and wide
ranging improvements in performance are interpreted as reflecting the
effects of the combination of ingredients.
17
Response to RedBull® Energy Drink Intake in Young
Adults By - R. Costa
Anatolian journal of cardiology
18
blinded and peerreview principles. The journal's publication language is
English however titles of articles, abstracts and Keywords are also
published in Turkish on the journal's web site.
19
The requirements for submission of manuscripts and detailed
information about the evaluation process are available in the published
journal and also as 'Instructions for Authors' on the web site (http:/
/www.anatoljcardiol.com).
20
Chapter – 3
Research Methodology
21
The primary objective of this research paper is to comprehensively
investigate the relationship between customer satisfaction and
marketing effectiveness within the context of the energy drink industry,
with a specific focus on Red Bull. The study aims to achieve the following
specific objectives:
22
Conduct a comparative analysis of Red Bull's marketing
strategies in relation to industry trends and competitive
benchmarks.
23
24
Research methodology on Red Bull can be conducted using
various methods such as qualitative and quantitative research.
The following are some potential research methodologies that
can be used to study Red Bull:
Suggestions for Improvement: Are there any aspects of Red Bull they
feel could be improved? What changes would they like to see in the
product or marketing strategies?
Benefits:
Rich, Detailed Insights: In-depth interviews provide nuanced and
context-rich information, allowing Red Bull to understand the
motivations and emotions behind consumer choices.
25
3. Focus Groups: Organizing focus group discussions with Red Bull
consumers to explore their attitudes, perceptions, and behaviors towards the
brand. This can provide in-depth qualitative insights into consumer motivations
and preferences.
Implementation:
1. Group Composition: Red Bull researchers carefully assemble small
groups of participants representing the target demographic. These
groups typically consist of individuals with diverse backgrounds,
consumption habits, and attitudes towards energy drinks.
26
recordings, along with detailed notes, are then analyzed to identify
common themes, opinions, and areas of consensus or disagreement.
Benefits:
Group Dynamics: Focus groups allow researchers to observe group
dynamics and interactions. Participants' responses can trigger further
discussions and provide a more comprehensive understanding of shared
attitudes.
27
3. Competitive Landscape:
4. SWOT Analysis:
5. Regulatory Environment:
6. Distribution Channels:
7. Market Segmentation:
8. Emerging Opportunities:
2. Campaign Tracking:
3. Competitor Analysis:
29
Beyond monitoring their own brand, Red Bull tracks mentions of
competitors. This helps in understanding how the brand is
positioned relative to others in the market and identifying areas of
competitive advantage.
4. Trend Identification:
5. Consumer Engagement:
6. Influencer Partnerships:
7. Content Performance:
Benefits:
Real-Time Feedback: Social media monitoring provides Red Bull with
real-time feedback from consumers, allowing for quick responses to
emerging issues or opportunities.
30
Brand Perception: Monitoring sentiment helps Red Bull understand how
the brand is perceived, allowing for adjustments to marketing strategies
if needed.
6. Sales Data Analysis: Analyzing sales data from retail outlets and
online platforms to track the sales performance of Red Bull products over time
and across different regions.
2. Geographic Analysis:
3. Product Performance:
31
5. Promotional Effectiveness:
6. Retailer Relationships:
Benefits:
Performance Evaluation: Sales data analysis provides a comprehensive
evaluation of how well Red Bull products are performing in the market,
allowing the company to identify both successes and areas for
improvement.
32
Red Bull researchers actively participate in and observe the daily
lives of consumers who use their products. This could involve
visiting homes, workplaces, or social events where Red Bull is
consumed.
3. Contextual Inquiry:
4. Cultural Analysis:
5. Documentation of Behaviors:
6. Long-Term Engagement:
33
Benefits:
Contextual Understanding: Ethnographic research provides Red Bull
with a deep, contextual understanding of how their products fit into
consumers' lives, routines, and social contexts.
2. Variable Identification:
34
while dependent variables could include sales figures, consumer
preferences, or brand perception.
3. Random Assignment:
4. Control Group:
7. Replication:
35
Benefits:
Causation Establishment: Experimental research allows Red Bull to
establish cause-and-effect relationships between variables, providing a
basis for making informed decisions.
36
Chapter – 4
Data Analysis
37
TABLE No.1
TABLE SHOWING-THE PROFILE OF THE RESPONDENTS
BASED ON AGE
20-24 30 45%
25-29 19 26%
30-34 14 18%
Above 35 12 11%
TOTAL 75 100%
Analysis
From the above table it is clear that 45% of the respondents are aged between
20 and 24, 26% between 25 and 29, 18% between 30 and 34 and only 11%
aged above 35 years
38
GRAPH NO.1
NO. OF RESPONDENTS
Above 35
16%
20-24
40%
30-34
19%
25-29
25%
39
TABLE No.2
FEMALE 26 35%
TOTAL 75 100%
Analysis
It is clear that most of the users of red Bull are males mostly because men are
addicts to it.
40
GRAPH No.2
FEMALE
35%
MALE
65%
41
TABLE No.3
GOVERNMENT 9 12%
SERVICE
EX-SERVICEMEN 3 4%
PROFESSIONAL 21 28%
SELF-EMPLOYED 13 18%
TOTAL 75 100%
Analysis
From the above table it is clear that 38% of the respondents were
students pursuing their graduation or post graduation studies and
28% were professionals. 18% of the respondents were self
employed, 4% were ex- serviceman and 12% belonged to
government services.
42
GRAPH No.3
GRAPH SHOWING-THE OCCUPATION OF RESPONDENTS
NO OF RESPONDENTS
29
21
13
9
43
TABLE NO.4
TABLE SHOWING-THE ANNUAL INCOME GROUP OF
RESPONDENTS
1,20,001-3,60,000 10 14
3,60,001-7,20,000 14 18%
TOTAL 75 100%
Analysis
From the above table it is clear that 52% of the respondents had an
annual income of lesser than 1,20,000, 18% had income between
3,60,001 and 7,20,000, 16% earned more than 7,20,000 per annum
and 14% had income between 120001 to 3,60,000.
44
GRAPH No.4
NO. OF RESPONDENTS
45
TABLE No.5
NO 52 70%
TOTAL 75 100%
Analysis
From the above it is clear that 30% of the respondents are involved
in extracurricular activities and 70% of them do not participate.
46
GRAPH No.5
NO. OF RESPONDENTS
60
50
40
NO. OF RESPONDENTS
30
20
10
0
YES
NO
47
TABLE NO.6
TABLE SHOWING-THE RESPONDENTS CONSUMPTION OF RED
BULL.
ONCE A MONTH 7 9%
TOTAL 75 100%
48
Analysis
From the table it clearly shows that 19% of the respondents consume
Red Bull everyday, 27% of them 2-3 days a week, 16% of them 4-5
days a week, 10% once a week, 12% every 2-3 weeks, 9% once a
month and 7% less than above
GRAPH No.6
49
30%
27%
25%
20% 19%
16%
15%
12%
10%
10% 9%
7%
5%
0%
EVERYDAY 2-3 DAYS A 4-5 DAYS A ONCE A WEEK EVERY 2-3 ONCE A LESS THAN
WEEK WEEK WEEKS MONTH ABOVE
PERCENTAGE OF RESPONDENTS
50
TABLE NO.7
NO 28 38%
TOTAL 75 100%
Analysis
From the table it clearly shows that 62% of the respondents are
affected by the advertisements and 38% of them are not.
51
GRAPH No.7
70%
62%
60%
50%
40%
30% 38%
20%
10%
0%
YES
NO
NO. OF RESPNDENTS
52
TABLE NO.8
MAGAZINES 24 32%
FRIENDS 19 25%
TV ADS 11 15%
WEBSITE/BLOGS 15 20%
OTHER SOURCES 6 8%
TOTAL 75 100%
Analysis
53
GRAPH No.8
NO. OF RESPONDENTS
30
25
20
NO. OF RESPONDENTS
15
10
0
MAGAZINES FRIENDS TV ADS WEBSITE/ OTHER
BLOGS SOURCES
54
TABLE NO.9
INCREASE 18 24%
CONCENTRATION
HANGOVER REMEDY 11 15%
TOTAL 75 100%
Analysis
From the above table it is clear that 20% of respondents buy Red Bull
for relieving fatigue, 24% of them for staying awake, 17% of them
daily routine, 24% of them for increasing concentration and 15% for
hangover remedy
55
GRAPH No.9
PERCENTAGE
HANGOVER REMEDY
15% RELIEVING FATIGUE
20%
INCREASE CONCEN-
TRATION
24%
FOR STAYING AWAKE
24%
DAIY ROUTINE
17%
56
TABLE NO.10
DRUG STORE 6 8%
OTHERS 9 12%
TOTAL 75 100%
Analysis
From the above table it is clear that 22% of the respondents buy Red
Bull in nearby convenient store, 58% of them in super market, 8% of
them in drug store and 12% by other means.
57
GRAPH No.10
12%
21%
8%
CONVINIENCE STORE
SUPER MARKET
DRUG STORE
OTHERS
59%
58
CHAPTER 5
Findings and Conclusion
59
FINDINGS
2. It is clear that most of the users of Red Bull are males mostly
because men are addicts to it.
60
10. It is clear that super markets are on top of retailers in the sales of
Red bull energy drink.
12. It is clear that majority of the respondents are around the 500Rs
mark and spend around 500Rs on the energy drink.
13. It is clear that red bull energy drink dominates the energy drink
market and consumers prefer red bull over other energy drinks.
14. It is clear that majority of the respondents feel red bull is money
to worth product and not over priced for the quality of the drink.
16. It is clear that red bull is chosen unanimously for its taste over
other factors that support to the strengths of the energy drink
61
CONCLUSION
From the study it is clear that majority of users are between 20 and
29 years i.e. younger generation and users of Red Bull are
Professional males including some students because it helps in
focusing and staying awake.
Red Bull is money to worth product and not over priced for the
quality of the drink and there is ample availability of the drink in the
market and not much difficulty to access it. From this we can
conclude that Red Bull is chosen. unanimously for its taste over other
factors that support to the strengths of the energy drink.
62
ANNEXURE
63
QUESTIONNAIRE
This information is required for the successful completion of a
project based on-
RESPONDENT INFORMATION
Name:
1. Age:
2. Gender: Male Female
3. Occupation:
Student Government service
4. Annual Income:
Yes No
Yes No
64
-If "yes" why? / If "No" why not?
Yes No
Yes No
Yes No
65
66
13. What are important factors to choose Red Bull? Please provide
your top 3 answers.
Word of Mouth
14. How much do you usually spend on Red Bull per week?
15. Would you prefer any other energy drink over Red Bull?
Yes No
If Yes why?
Yes No
Yes No
18. What do you think is the Red Bulls supremacy over its
competitors in the market?
Price Taste
67
Brand Image Promotion
19. Which company do you think has the highest market share in the
energy
drink segment?
Cloud 9 Others
68
BIBLIOGRAPHY
69
BIBLIOGRAPHY
Books Referred
• Marketing Management, 13th edition - Philip Kotler.
Magazines Referred
•The Red Bulletin
Websites Referred
• www.google.com
• www.wiiings.com
• www.redbull.com
• www.wikipedia.com
70