Preprint / Version 1

Energizing the Brand: Red Bull’s Marketing Journey From 1987 to 2023

##article.authors##

  • Andrew Pan

Keywords:

Red Bull, Brand Positioning, Energy Drinks, Extreme Sports, Lifestyle Brand, Marketing, Event Marketing, Content Marketing, Customer Engagement, Beverage Industry

Abstract

This research paper provides an in-depth examination of Red Bull's pioneering marketing strategies that have cemented its
status in the energy drink industry. Renowned for its ties to adrenaline-fueled sports and a distinctive brand image,
Red Bull's rise in the beverage industry has been supported by its creative marketing mix that extends beyond the traditional
Four P’s framework (Product, Price, Place and Promotion). The company's marketing approach focuses on
captivating content and experiential customer engagement, complemented by its adoption of unconventional
guerrilla marketing techniques. This study examines key consumer behavior elements to understand the brand's
successful audience engagement. Meanwhile, the paper also discusses challenges and criticisms that Red Bull has
confronted and addresses those issues by proposing consumer education initiatives to reshape public
perception, emphasizing the need to adapt to emerging trends in sustainability and enhanced ethically conscious
strategies for target audiences. The sources attributed in this paper include interviews with Red Bull executives,
consumer surveys, and a review of academic and industry literature, providing a holistic view of the brand’s
dynamic marketing evolution.

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12-26-2023

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