Redbull case analysis

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Group 3

Transcript of Redbull case analysis

Page 1: Redbull case analysis

Group 3

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RED BULL

• “We don’t bring the product to the people, we bring people to the

product.”

• Originated in 1980s from a Thai energy drink “Krating Daeng”.

• Created a new category of “functional foods”.

• 7th leading carbonated soft drink company in terms of market

share.

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PRODUCT BENEFITS

REDBULL

Improves physical

endurance

Improves overall

feeling of well being

Increases mental

alertness

Improves reaction

speed and concentration

Stimulates metabolism and helps eliminate

waste substances.

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Gives

You

Wings

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MARKETING STRATEGY

AdvertisementsAthlete

endorsingEvent

SponsorshipPoint of

purchaseSampling program

Word Of Mouth

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TARGET MARKET

• All who lie in the categories of :

– Students, Drivers, Clubbers, Business people, and sports

people.

• And are mentally or physically fatigued or both.

• Or need an adrenalin rush.

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Challenges

• Facing a strong competition from other carbonated drinks.

• While the competitors are improving and innovating, Red Bull

stays the same.

• Product has completely oversaturated the market – losing the

‘cool’ factor.

• Red bull is one tricky pony – if sales start to slump, the party goes

in serious jeopardy.

• Being ignorant and unaware about their competitors.

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BRAND PLAN OBJECTIVES

• To extend the Red Bull brand.

• To diversify the association of the brand with different events and

activities.

• To bring the product from saturated market to growth stage.

• To increase the consumption of number of cans per person per

year.

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BRAND PLAN OBJECTIVES

• To extend the Red Bull brand.

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Red Bull

Brand Extension

The

‘Wings’ Bar

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The

RED BULL

Xtremesports

academy

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The

Annual

RED BULL

Music

Festival

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Last Longer Party Harder

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BRAND PLAN OBJECTIVES

• To diversify the association of the brand with different events and

activities.

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Promote

Traditional

EXTREME SPORTS

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Maha Yudh 2006

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Who’s the

Real Bull

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BRAND PLAN OBJECTIVES

• To bring the product from saturated market to growth stage.

• To increase the consumption of number of cans per person per

year.

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BULLYthe markets

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Last Longer

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Last Longer

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Go An

EXTRA MILE

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“We Created the

market.

If you appreciate the

product, you want the

Real one, the original.

Nobody wants to have a

rolex made in Taiwan or

Hong Kong”

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Thank YouAnshika | Karthik | Lohit | Shruti