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Red Bull mini case presentation

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Red Bull Creative Brief
Red Bull Creative Brief
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Red Bull mini case presentation

  1. 1. Founded by Dietrich Mateschitz in Austria in 1987 Red bull was the birth of completely new product category –The ENERGY DRINK!
  2. 2. The LOGO
  3. 3. Ingredients  Caffeine  Sucrose and Glucose  Taurine  B-group vitamins  Alpine spring water Fans call it LIQUID COCAIN & SPEED IN A CAN
  4. 4. YES…Redbull Improves Vigilance Stimulates metabolism Improves emotional status Increases physical endurance Increases concentration and Reaction speed
  5. 5. NO…Redbull Not good for pregnant woman High caffeine=miscarraige Not good for health if consumed while going to bed Dangerous for people with high blood Pressure or anxiety disorders
  6. 6. Objective To be seen as unique and rebellious product. To build its brand image of authenticity, and originality.
  7. 7. The SLOGAN!
  8. 8. Early marketing strategies Seeding program Sponsorships Sampling program
  9. 9. Advertising Red Bull aligns with a wide variety of extreme sports, athletes, teams, events and artists in music, dance and film.
  10. 10. An art fellowship program held in multiple cities all over the world.
  11. 11. Fly home-made, size- and weight- limited, human- powered flying machines.
  12. 12. Series of air races to navigate a challenging obstacle course in the fastest time over water , airfields or natural wonders.
  13. 13. And now, Red Bull sells 60 billion cans each year in over 165 countries all over the world.
  14. 14. To Ponder Strengths • Sponsorship-Red Bull sponsors various concerts, adventure sports • Brand Positioning-Red Bull vitalises Body and Mind- confident and energy giving drink • Celebrity endorsement- Sports athletes and various entertainment celebrities Risks • Competition- Energy drinks of other companies with reduced price may decrease its market share • Health concerns- tougher rules from government on high caffeine content • Failure in the new product/service or market category • Negative impact from extreme sports What are Red Bull’s greatest strengths and risks as more companies (like coco cola, pepsi, and Monster) enter the energy drink category and gain market share ??
  15. 15. To Ponder • Red bull should not do more traditional advertising. • Sticking to newer forms of advertising like online, and social media works better for Red bull. • Their target demographic is young adults, mostly college age people who are more likely to be heavier users of technology and thus more likely to see these ads. • Red Bull’s sponsored events are extreme and expensive , but they also bring brand awareness targeting the Generation Y. Therefore, it should continue this way of non-traditional advertising Should Red Bull do more traditional advertising ?Why or why not??
  16. 16. To Ponder • Red bulls sponsorships such as Stratos are quite effective. Red bull strategically used Stratos as a means of having their catchphrase “Red bull gives you wings” resonate more. • By sponsoring daring high energy events it gets the point across to consumers that Red bull energy drinks can also invoke such high energy and power to the consumer. • Red bull should draw the line if the costs of the sponsorship are too high and they do not foresee themselves being able to make up the costs in the near future and it shall also draw a line when the current marketing strategies become ineffective Discuss the effectiveness of Red Bull’s sponsorships , for example , Bull Stratos. Is this a good use of Red Bull’s marketing budget? Where should the company draw the line??
  17. 17. Recap Of Red Bull
  18. 18. Disclaimer Created by SUHANI CHANDRA, IIITD&M Kancheepuram during a marketing internship by Prof. Sameer Mathur, IIM Lucknow (see www.IIMInternship.com)

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