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Red Bull: the anti-brand brand **Best selling case**

Subject

Marketing

Authors / Editors

Tavassoli N;Kumar N;Linguri S

Biographies

Publication Year

2005

Abstract

In 2004, Red Bull found itself at a crossroad, challenged with defending its 70% worldwide market share of the €2.5 billion energy drinks category that it had pioneered. Through a combination of buzz marketing tactics, decentralised distribution and sponsorship of extreme sports and pop culture events, Red Bull had managed to build a certain mystique, which was central to building its appeal among its targeted customers, 18-35-year-olds. The category of energy drinks was maturing in some markets and there was an onslaught of competitor brands; some promoted by beverage industry giants such as Coca-Cola and Pepsi, and others private labels launched by mass retailers such as Asda (part of Wal-Mart). Red Bull had to make the strategic decision whether to actively target the mainstream and decide to what degree its growth could be supported by a narrow product line. Its choice of strategic options needs to consider its resources and capabilities and will potentially result in a fundamentally different marketing mix. Red Bull also had to consider the impact of its choices on its anti-brand mystique.

Topic List

Marketing

Industry

Consumer goods; Soft drinks

LBS Case Number

CS-04-006

Location

Austria; International

Project Funder

AXA

Available on ECCH

No


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