Swot Analysis Of Red Bull

Louis Cheskin who was a design consultant and psychologist stated, “Customers would unconsciously recognize the logo as symbolism of a pair of nourishing breasts”,(l. Be) Now I know I have never heard this or even thought this about the golden arches, but to me the golden arches mean McDonald’s. In a dissertation by Speber and Wilson, about the Theory of Revelence,(TOR). TOR can explain how consumers interpret visual advertising. This could help marketers and researchers in advertising. TOR can also explain why some symbols or logos thought to be unconnected with the product became revelent in advertising. Cite. The fourth logo I chose is Apple. Apple logo was designed from the bible. The apple is the forbidden fruit from the tree of knowledge,( L.Be). Symbolic symbols are a productive way for companies to communicate their products to

market. With Red Bull’s various ad campaigns, the corporation uses a collaboration of extreme sports videos to market the incredible effects of their product. These differ from previous commercials, that use to be cartoony and display young adults, becoming cool and getting the hot girl, after consuming a delicious and nonaddictive energy drink. The transformation of red bull’s ads has shown that they are changing with pop culture by having what is considered most exciting to their core audience. These commercials show the true purpose of Red Bull corporation, selling children on the idea of consuming large quantities of caffeine, Taurine, B group vitamins, sugar, Alpine spring water in the Red Bull energy drink; are healthy and even make you into a fun and interesting

Foods such as cheese included in the product will have to be chosen offering longer shelf lives;

In 1982, Dietrich Mateschitz got an idea of functional drinks. He joined with Chaleo Yoovidhya, Thai businessman, in 1984 and founded the Red Bull, which today is 49 percent owned by Mateschitz, other 49 percent by Yoovidhya and 2 percent by his son Chalerm. Red Bull was first released into the Austrian market in 1987, which was the completely new product category, energy drink. (Red Bull, 2011)

The Boston Beer Company is currently the largest craft beer company in the United States, however, the craft beer industry is growing in an otherwise shrinking market increasing the amount of serious competition that The Boston Beer Company is facing.

I. The rush that takes over your body when you take a sip of that refreshing drink keeps you wanting more. The power you feel after consuming this product, makes you feel alive and well enough to climb the tallest tower. II. Has it ever crossed your mind, what exactly is an energy drink?

Red bull is not the leading energy drink provider, but is number two with 36 percent of the Australian energy drink market (2010,popular energy drinks), the red bull company sold over 5 billion cans in 2012 and have sold over 35 billion since it started in 1987.

This single drink can help in the process of surpassing your limits to do crazy and extraordinary tasks. That is the theme that Red bull puts in their advertisements. Red bull is made out to be a drink to help with lots of amazing tasks and sports like the ones presented in the ad. The ad uses professional athletes, a sense of accomplishment, and gives motivation to grab the attention of the audience in order to get more people to buy their product.

Despite of such threat, Red Bull has not lost its grip in its most precious

Red Bull is a privately owned company, producing and distributing the Red Bull energy drink to more than 165 countries worldwide. The company was founded by Dietrich Mateschitz in Austria in 1984 and launched Red Bull onto the Austrian market in 1987. Since then more than 35 billion cans of Red Bull have been consumed. Red Bull employs over 8,900 people throughout the world, its corporate headquarters are located in Fuschi am See, Austria. (N/A, 2012).

This case study written by Krupa Kansaru on the history of Red Bull and their success in making the sports energy drink market what it is today has shown the key strengths of the company. The obvious strength that the Red Bull company has a unique and early start in the sports energy drink industry. CEO Dietrich Mateschitizin was quoted in the case study, he says that “if we don’t create the market, it doesn’t exists,” this quote parallels with Red Bull as a whole. Starting in the 1980s Red Bull used abstract marketing strategies involving differentiation, “word of mouth”, and buzz marketing to popularize the product instead of using a traditional approach by launching their product and waiting to integrate it into mainstream media. Red Bull thrusted itself into communicating with its customers and fan base by launching events, working closely with event coordinators, and strategic product placement. Red Bull also holds much strength by associating the product and brand with athletics and extreme sports. Targeting a younger generation and portraying the idea of a “fuller and freer life” has proven to truly engage the popular culture and counter culture alike. It is stated in the case study that Red Bull holds a seventy percent market share in over one hundred countries statistics like that show the company’s true strength especially compared to competitors like Monster and Rockstar.

Red Bull, Austria 's biggest export since Arnold Schwarzenegger, has methodically created and dominated the energy drink category much in the way players of the board game Risk would defeat their opponents. Dietrich Mateschitz, the owner of Red Bull International, created the highly caffeinated beverage in 1987. Five years later, the drink spread into neighboring countries like Hungary and Slovenia, followed by Germany and Switzerland. In 1997, Red Bull prepared to storm the U.S. market.

Red Bull has built an image as a trendy energy drink, catering to young adults and young professionals between the age groups of (16-29) years. It also targets young club-goers and private parties in order to spread its picture as a stylish drink. It also believes that it is not just selling a beverage, but instead it is selling a ‘way of life’. Red Bull also uses a catchy slogan as ‘Red Bull gives you wings’. These non –traditional marketing strategies of Red Bull are not unique to any market.

The name is easy to remember for the consumers, you can recall ability and you don’t confuse it with any other brand. Logo The three mark stripes is without doubt the quintessential adidas symbol. It was created by the founder Adolf Dassler and first used on footwear in 1949. In 1972 they launched the trefoil symbol which is representing the adidas Originals line today. The present corporate logo was introduced in 1996 and consists of three bars and the name adidas written in smallcap. The three bars represent a mountain and stand for future challenges of the consumer. The consumer should have the impression that with wearing adidas every goal can be achieved and he/ she can get over every challenge. The adidas logo is recognizable for every consumer, bright, sporty and easy to remember. It differentiates adidas from any other brand in their competing frame.

The original formula for Red Bull was developed in 1964; however, the Red Bull company was not founded until 1984 after a merger between Dietrich Mateschitz, marketing guru, and Chaleo Yoovidhya, the owner of the Red Bull formula. Categorized as an energy drink, Red Bull was initially designed to “treat jet lag and boost energy for truck drivers” (Hollensen, 2012). In today's era, Red Bull is commonly used as an energy drink; like coffee, and as a mixer in alcoholic drinks, like Red Bull Wings and the Jägerbomb. This aligns with the company's focus on the younger generations of partygoers and post-secondary students.