Strategic Marketing Plan For Red Bull

Strategic Marketing Plan For Red Bull Essay example
Masters
Essay
Marketing
Pages 8 (2008 words)
Download 0
Strategic Marketing Plan for Red Bull Table of Contents Introduction 3 Summary of the task 3 Background 3 Outline 3 Strategic Marketing Plan 4 Marketing Audit 4 Internal analysis 5 Strength 5 Weakness 6 External Analysis 6 Opportunities 6 Threat 7 Competitor analysis 7 SMART Marketing Objectives 8 Strategy 8 Expansion and diversification 9 Marketing initiative 10 Cost Reduction 11 Segmentation, Targeting and Positioning 11 Evaluation of Success 12 Ethical Issues 13 Reference List 14 Appendix 16 Introduction For a successful business a marketing plan plays a major role…

Introduction

Summary of the task The study aims towards designing a marketing plan for Red Bull. Background Red Bulls is a twenty five years old company that has been selling energy drink. In the year 1980, Dietrich Mateschitz founded Red Bull, inspired by a functional drink originated from Far East. He created the energy drink and promoted it through a unique marketing concept. In its early days it was sold in the home market of Austria but today Red Bull is sold in more than 165 countries. Red Bull is not only a new product but has given birth to a totally new category of product. Today Red Bull has sold more than 35 billion cans (Red Bull GmbH, n.d.). Outline The marketing plan of Red Bull covers the following Product: Non-caffeine drinks for the kids and other people who do not drink for energy purpose. Place: Designing an expansion plan through which the company can operate in other geographical areas. ...
Download paper
Not exactly what you need?

Related papers

Marketing Plan for Red Bull Company
Cumulatively, the company sold over 35 billion cans worldwide to date. Red Bull is the brand name used by the Red Bull Company from Austriai. This energy drink contains several ingredients, which make it a super energy drink. These include glucose, glucoronolactone, caffeine, sucrose, taurine, and B-group vitamins (Red Bull GmbH, n.d.). This drink trades in two major brands i.e. R-B Energy Drink…
Strategic Marketing Plan for Pit Bull Pride of Delaware
Further, the organization allows volunteers render their services in line with promoting positivity for pit bulls. Remarkably, the organization draws no profits from their operations hence explaining the reason as to why the organization relies on foster shelters to offer this service. In this regard, this essay will give a detailed strategic plan report on how Pit Bull pride of Delaware would…
Red Bull Marketing Plan
By providing an overview of the geographical markets, overall sales/market share, expectation for future sales growth, profitability potential, and seeking to analyze and understand the firm’s geographic growth strategy, the reader/researcher is able to determine a great deal with regards to what may take place within the future without ever having to suffer the risk and danger of blindly…
red bull
The energy drink was inspired by a popular Thai drink named Krafting Daeng that was suggested for jet lag remedy. The owner of Krafting Daeng was requested to manufacture and market a new energy drink with completely new flavor. The main objective of Red Bull was to sell energy drink with a unique taste that appealed to the people living in the western countries. It sold more than one million cans…
"Marketing Plan" ,, as required in the Outline
By providing an overview of the geographical markets, overall sales/market share, expectation for future sales growth, profitability potential, and seeking to analyze and understand the firm’s geographic growth strategy, the reader/researcher is able to determine a great deal with regards to what may take place within the future without ever having to suffer the risk and danger of blindly…
Red Bull: Market Analysis
Furthermore, with increasing expenses, severe competition, low profitability margins and increased labour cost, companies around the world are passing through a turbulent state (Casali, 2008; Tolentino, 2000; Accuval, 2010; Anderson, 2011). As a result of that organizations are trying to increase the loyalty of the consumers and are attempting to satisfy them by offering products or services that…
Marketing report on Red Bull and its global opportunities
. 5. Conclusion. References EXECUTIVE SUMMARY Red Bull has found considerable success internationally by giving consumers the impression that it is an exclusive and premium energy drink brand. This market report assesses the current marketing environment in the UAE, an environment with adequate consumerist values and attitudes that could, theoretically, support entry for Red Bull into this market.…