“Red Bull is not just a drink. Instead, it is a "philosophy"—one seemingly derived from his own outlook on life—and a "functional product," used to improve strength and performance and to revitalize the body and mind.” Dietrich Mateschitz –Owner of Red Bull
Starting from Fuschl, an Austrian village, RED BULL has developed its niche in 161 countries. Only last year it sold 4.2 billion cans of its drink, including more than a billion in the U.S. alone. In 2004, the company had 2,605 employees; in 2010, 7,758 -
Undoubtedly, Dietrich Mateschitz now 67, is one of the most successful entrepreneurs of this century, a man who with his unique selling abilities, challenged the most established brands in the beverage industry..
His vision that created a new beverage category “The Energy Drink” also famous as “speed in a can". This unique positioning made RED Bull as number 1 product in this category!
Question is: Red Bull does not taste very good, so what are the reasons for this huge success?. Mateschitz says “It's not just another flavored sugar water differentiated by color or taste or flavor. It's an efficiency product. I'm talking about improving endurance, concentration, reaction time and speed”.
To me the answer is: A Well defined USP – Implemented in a Unique way
The company works closely with sports that require energy and present state of mind. Focus of Red Bull's marketing campaign has always been its claim that “it can improve athletic performance”. It l has over brand 500 brand ambassadors - athletes from 97 various sports. The company also owns four soccer teams: New York's Red Bulls (and their stadium), Red Bull Salzburg, Red Bull Brasil, and RB Leipzig and a Nascar team and two Formula 1 racing teams.
Mateschitz is Austria's richest man, and Red Bull is the biggest thing to come out of this small country in Europe. This success has close ties with “Vision” “Positioning” “Strategy’ and “Implementation.
Starting from Fuschl, an Austrian village, RED BULL has developed its niche in 161 countries. Only last year it sold 4.2 billion cans of its drink, including more than a billion in the U.S. alone. In 2004, the company had 2,605 employees; in 2010, 7,758 -
Undoubtedly, Dietrich Mateschitz now 67, is one of the most successful entrepreneurs of this century, a man who with his unique selling abilities, challenged the most established brands in the beverage industry..
His vision that created a new beverage category “The Energy Drink” also famous as “speed in a can". This unique positioning made RED Bull as number 1 product in this category!
Question is: Red Bull does not taste very good, so what are the reasons for this huge success?. Mateschitz says “It's not just another flavored sugar water differentiated by color or taste or flavor. It's an efficiency product. I'm talking about improving endurance, concentration, reaction time and speed”.
To me the answer is: A Well defined USP – Implemented in a Unique way
The company works closely with sports that require energy and present state of mind. Focus of Red Bull's marketing campaign has always been its claim that “it can improve athletic performance”. It l has over brand 500 brand ambassadors - athletes from 97 various sports. The company also owns four soccer teams: New York's Red Bulls (and their stadium), Red Bull Salzburg, Red Bull Brasil, and RB Leipzig and a Nascar team and two Formula 1 racing teams.
Mateschitz is Austria's richest man, and Red Bull is the biggest thing to come out of this small country in Europe. This success has close ties with “Vision” “Positioning” “Strategy’ and “Implementation.