About this product

Product Identifiers

PublisherGRIN Verlag Gmbh

ISBN-103656660522

ISBN-139783656660521

eBay Product ID (ePID)246205143

Product Key Features

Book TitleProduct and Price Analysis of Red Bull in Central Europe

Number of Pages36 Pages

LanguageEnglish

Publication Year2014

TopicMarketing / General

GenreBusiness & Economics

AuthorJulia Teigeler, Ann-Katrin Hahne

FormatTrade Paperback

Dimensions

Item Height0.1 in

Item Weight2.3 Oz

Item Length8.3 in

Item Width5.8 in

Additional Product Features

SynopsisSeminar paper from the year 2014 in the subject Business economics - Offline Marketing and Online Marketing, grade: 2,0, University of Applied Sciences Essen, language: English, abstract: In this second assignment named "Product and Price Analysis of Red Bull in Central Europe" the goal is to analyse the "product" and "price" strategy and to give a short overview of their "place" and "promotion" strategy. Red Bull as company was founded in 1987 with its slogan "Red Bull gives you wiiings". The firm developed by Dietrich Mateschitz sold more than 35 billion cans until now and is available in more than 165 countries. The product is developed from a Thai energy drink and includes caffeine, taurine, B-Vitamines, saccharose, glucose and water, what can be consumed by people in many situations for their physical and social needs and Red Bull created an emotional binding. The product is only available in six different types but because of the well established brand and its young and modern image people have a positive association with it and so buy it. The Company has worldwide steady growth rates although it is sold at a very high price level with compared to that low production costs. In contrast to that the competitors' products are much cheaper, but Red Bull sticks to their prices even many competitors entered the market.. But it can be said that Red Bull is aiming for an abnormal profit and concentrating on internal and marketing orientation when setting their prices. The consumers are paying for the "way of life" and the quality. To the place and promotion strategy can be said that Red Bull is available in 165 countries (in nearly ever little shop) but produced only in Austria and Switzerland. The company is widespread represented in sports sector where they are sponsoring much sportspersons and events. To summarize that it can be said that Red Bull is a very successful and powerful company and the world's market leader in the energy drink sector but the challenge wi, Seminar paper from the year 2014 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 2,0, University of Applied Sciences Essen, language: English, abstract: In this second assignment named "Product and Price Analysis of Red Bull in Central Europe" the goal is to analyse the "product" and "price" strategy and to give a short overview of their "place" and "promotion" strategy. Red Bull as company was founded in 1987 with its slogan "Red Bull gives you wiiings". The firm developed by Dietrich Mateschitz sold more than 35 billion cans until now and is available in more than 165 countries. The product is developed from a Thai energy drink and includes caffeine, taurine, B-Vitamines, saccharose, glucose and water, what can be consumed by people in many situations for their physical and social needs and Red Bull created an emotional binding. The product is only available in six different types but because of the well established brand and its young and modern image people have a positive association with it and so buy it. The Company has worldwide steady growth rates although it is sold at a very high price level with compared to that low production costs. In contrast to that the competitors' products are much cheaper, but Red Bull sticks to their prices even many competitors entered the market.. But it can be said that Red Bull is aiming for an abnormal profit and concentrating on internal and marketing orientation when setting their prices. The consumers are paying for the "way of life" and the quality. To the place and promotion strategy can be said that Red Bull is available in 165 countries (in nearly ever little shop) but produced only in Austria and Switzerland. The company is widespread represented in sports sector where they are sponsoring much sportspersons and events. To summarize that it can be said that Red Bull is a very successful and powerful company and the world's market leader in the energy d