Case Study

How Red Bull became the worldwide leader in energy drinks industry?

c x c r u x . c o m ABOUT RED BULL

Red Bull is the worldwide leader in energy drinks. Forbes

estimated the company's market value at $20 billion in

December 2019.

www.cxcrux.com Page 2 RED BULL'S MARKETING STRATEGIES

By basing its marketing and advertising approach around promoting a high-

energy philosophy for the lives of its consumers, Red Bull arguably sells a way

of life rather than a simple energy drink product. This is most prevalent in the

range of extreme sporting events that it hosts and sponsors, working with

influencers in the field and sharing captivating content that inspires its target

audience to be more active and adventurous.

Red Bull continues to use traditional marketing strategies such as advertising

and public relations, but it is its content strategy that has exponentially

increased the value of the Red Bull company by building an audience of loyal

followers who rely on the products and services recommended by their brand,

not just energy drinks.

Content marketing has transformed the company in such a way that some

executives define Red Bull today as a “media company that also sells energy

drinks”. www.cxcrux.com Page 3 YouTube

Red Bull has an exceptionally well managed and produced YouTube

account. With their strategy of sponsoring extreme athletes and

international events, the company has been able to put together

awe-inspiring video clips for the world to see on their YouTube

www.cxcrux.com Page 4 Facebook

Red Bull also has an excellent Facebook page which is updated frequently.

Red Bull has done exceedingly well with 48,097,883 individuals “liking”

their page.

www.cxcrux.com Page 5 Twitter

Red Bull has a surprisingly good Twitter Account with frequent posts. Their

ability to affiliate themselves with athletes and companies has driven traffic to

their page with posts about sports, events, and daily activities. The tweets state

their Authentic Voice and how they have caption the HD Images & short

Videos, along with their links & #tags. The authentic content along with perfect

#tags & mentions can make a post tremendously successful.

www.cxcrux.com Page 6 Instagram

With extreme sports come fantastic photographs and videos that draw

the attention of the consumer. Red Bull has been able to capture

14,056,550 followers on their Instagram account which displays its

power in capturing the consumer with interesting content.

www.cxcrux.com Page 7 INFLUENCER DIGITAL MARKETING Red Bull masterfully uses influencer marketing to attract audience

engagement, retain viewer attention and reinforce positive brand

association among its consumers. In keeping with its high-energy

theme, the brand collaborates with a combination of carefully

selected influencers – generally elite athletes and extreme sports

personalities.

These ambassadors document their training and participation in

sporting competitions, bringing this promoted content to their

own audiences through social media, thus broadening the delivery

of Red Bull's philosophy and promoting brand affinity to new

viewers.

www.cxcrux.com Page 8 USER-GENERATED DIGITAL CONTENT The brand also utilises user-generated content across its own corporate social media

profiles, essentially allowing its digital following to become micro-influencers.

Red Bull conducts an international photo competition every three years, called Red

Bull Illume. This enormously popular contest aims to promote photography within

the sphere of extreme sports and adventure, once again linking back to the brand's

primary marketing objective.

www.cxcrux.com Page 9 EVENT SPONSORSHIP Red Bull is well known for its sponsorships of sporting events,

but in recent years it has taken this concept even further

through its ever-growing portfolio of sports teams, including

the Red Bull F1 and NASCAR teams, football clubs in New

York, Leipzig and Salzburg, and ice hockey teams in Munich

and Salzburg.hours.

www.cxcrux.com Page 10 RED BULL MEDIA HOUSE What was once a small editorial team of Red Bull is today

the Red Bull Media House, one of the most successful

communication companies in the world. It sells content to

newspapers like The New York Times, produces TV series

and music albums, organizes international events and

even manages the Red Bull merchandising online store.

Focused on creating content related to motorbike and car

sports. It covers 70 races and 360 championships. It sells

advertising and sponsorship deals. Other content-related

areas. Red Bull TV, Red Bull films and documentaries, live

coverage of extreme-sports.

www.cxcrux.com Page 11 THE TARGET AUDIENCE OF RED BULL

The target audience of Red Bull is predominantly between the ages of 18 to

34 year old, both male and female, who have an average to high income,

likes sports, extreme sports and athletic events. Their customers can be

defined as young, independent professionals with big dreams and

aspirations.

www.cxcrux.com Page 12 SOME NOTABLE CAMPAIGNS OF RED BULL

Red Bull “Smart Payphones”

The energy drink brand 'hacked' payphones in São Paulo to turn old

infrastructure into a smarter city landscape as part of its promotion

for Red Bull Basement, a festival designed to inspire change in the city

through the use of new technology applications.

The campaign used the hashtag #HackTheCity to promote the

festival.

www.cxcrux.com Page 13 Stratos project

Defined by the company as a "world-class, multi-stage, scientific flight test

program", Red Bull hit global headlines in 2012 when it sponsored

Austrian skydiver Felix Baumgartner's ascent to the Earth's stratosphere

in a helium balloon – and his subsequent jump from it. During this event

– known as the Stratos project – Baumgartner became the first person to

break the speed of sound during a captivating freefall that lasted for four

minutes and 19 seconds.

The freefall was live-streamed through YouTube (and 280 other digital

video delivery partners) to some 52 million global viewers, becoming the

world's most-viewed live stream and a mainstream media phenomenon.

www.cxcrux.com Page 14 Red Bull Flugtag

Red Bull Flugtag is an event organized by Red Bull in which competitors

attempt to fly home-made, human-powered flying machines, size-limited

to around 10 metres, weight-limited to approximately 150 kilograms. The

flying machines are usually launched off a pier about 9 metres high into

the sea or body of water.

Red Bull Rampage

This is , a mountain biking competition held on Oct. 25

that might be the wildest extreme sports event on the planet. Bikers

compete by riding a predetermined “line,” adding to their score by

performing tricks and attempting to stay upright. Only riders that make it

to the bottom get a score, judged on a scale from 0 to 100. Each rider gets

two runs, with the best score of the two counting as final.

www.cxcrux.com Page 15 RESULTS

Red Bull has sold over 40 billion cans, with over 5 billion sold in 2013

alone. The brand sold 6.8 billion cans, up 8%, across 171 countries in

2018. Top growth markets included (+30%), (+22%) and

Eastern Europe (+22%).

Its latest results mean the Fuschl, -based company sold on average

more than 20 million cans of the namesake soda every day of 2019. That’s

about 850,000 cans every hour. Growth was fastest in India, with sales up

37%, Brazil (up 30%) and Africa (up 25%).

Through its marketing strategy, Red Bull has managed to build one of the

biggest and most loyal audiences in the world. Lots of people are willing

to pay more to drink Red Bull.

www.cxcrux.com Page 16 Thanks!

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