Red Bull Spreads its Wiiings (Russian language)
Subject
Finance, Marketing
Authors / Editors
Tavassoli N
Biographies
Publication Year
2023
Abstract
Thirty-five years after its founding, the Red Bull energy drinks business continued to show strong growth globally. Over the years, the company had expanded its product line with different variants, such as sugar-free and flavoured Editions. More recently, the company had launched a sub-branded The Organics by Red Bull range that sat outside the energy-drinks category, and the AlphaTauri functional-fashion brand. The company had renamed one of its two F1 teams Scuderia AlphaTauri to provide a unique promotional platform for the fledgling fashion brand; one that was overtly endorsed by Red Bull. The case provides a basis for discussing the (dis)synergies between Red Bull and these extensions from a brand, consumer, and marketing perspective. An extensive set of PowerPoint (PPT) teaching slides that include 7 different videos – a Red Bull brand purpose video, cartoon medley, Flugtag commercial, Soap Box Race commercial, Backyard Digger (BMX), former UK CMO interview, the AlphaTauri launch – are available to Educators from cases@london.edu.
Topic List
Marketing
Industry
Energy drinks
LBS Case Number
CS-22-016_RU
Location
Global, International
Publication Research Centre
Institute of Finance and Accounting
Available on ECCH
No
