Page 18 - BUSINESS COMMUNIQUE ver. 2
P. 18

Bold Marketing, Big Wings!


































    Red  Bull  is  more  than  an  energy  pushing.          From          their
    drink; it is a brand that embodies     advertisements  to  sponsorships,            By Swasti Pragya
    adventure,      risk-taking,    and    Red  Bull’s  messaging  continually
    excitement.  Since  its  founding  in  reinforces  the  concept  of  vitality
    1987  by  Dietrich  Mateschitz,  Red   and    adventure.     The    slogan
    Bull  has  consistently  pursued  a    invites  consumers  to  be  part  of
    distinctive  and  bold  marketing      an  experience  rather  than  just  a
    strategy.  By  aligning  itself  with  product,  setting  Red  Bull  apart
    extreme      sports,     pioneering    from  competitors  who  focus
    thrilling  events,  and  embracing     primarily    on    the    functional
    non-traditional          marketing     benefits of energy drinks.
    channels, Red Bull has created a
    powerful  brand  identity  that        Sponsorship  of  Extreme  Sports
    resonates  with  individuals  who      and Stunt-Based Events
    crave  excitement  and  action.        Red    Bull’s   most     significant    Red    Bull’s   transformation
                                                                                          Bull’s
                                                                                                    transformation
                                                                                   Red
    Through its innovative strategies,     marketing  success  stems  from
                                                                                   from  an  energy  drink  to  a a
    Red  Bull  has  set  a  standard  for  its  association  with  extreme         from  an  energy  drink  to
                                                                                                 of
                                                                                   symbol
                                                                                                         adventure
    experiential             marketing,    sports and high-octane events.          symbol        of      adventure
                                                                                   exemplifies  powerful  brand-
    establishing  itself  as  a  leader  in  Sponsorships    in   sports    like   exemplifies  powerful  brand-
                                                                                   building
                                                                                                                bold,
                                                                                                  through
    lifestyle branding.                    motocross,  BMX  biking,  surfing,      building      through        bold,
                                                                                                         marketing.
                                                                                   unconventional
                                           and       skateboarding        have     unconventional       marketing.
                                                                                   By  focusing  on  experiential
    The  “Red  Bull  Gives  You  Wings”    positioned  Red  Bull  as  a  brand     By  focusing  on  experiential
                                                                                   marketing,  storytelling,  and
    Motto                                  for  thrill-seekers.  Rather  than      marketing,  storytelling,  and
                                                                                   athlete
                                                                                                                 Red
                                                                                              partnerships,
    The  slogan  “Red  Bull  Gives  You    merely  sponsoring  these  sports,      athlete    partnerships,      Red
                                                                                   Bull  has  crafted  an  identity
    Wings”  has  become  a  global         Red Bull invests in creating them.      Bull  has  crafted  an  identity
                                                                                                             in
                                                                                                                  an
    catchphrase      associated     with   For  example,  the  Red  Bull  Air      that    stands     out    in   an
                                                                                   that
                                                                                                      out
                                                                                           stands
    energy,  daring  pursuits,  and        Race  and  Red  Bull  Crashed  Ice      increasingly            crowded
                                                                                                           crowded
                                                                                   increasingly
    reaching new heights. More than        events    give   fans    a   unique     marketplace.  It’s  a  brand
                                                                                   marketplace.  It’s  a  brand
    a  tagline,  it  encapsulates  the     viewing  experience  that  aligns       that  sells  not  just  products
                                                                                   that  sells  not  just  products
    brand’s        philosophy         of   with   the   brand’s     values    of   but  experiences,  lifestyles,
                                                                                   but  experiences,  lifestyles,
    empowerment and boundary               excitement and unpredictability         and  a  sense  of  daring  that
                                                                                   and  a  sense  of  daring  that
                                                                                   resonates  deeply  with  its
                                                                                   resonates  deeply  with  its
                                                                                   audience.
                                                                                   audience.
                                       PAGE 17
                                    BUSINESS & ENTREPRENEURSHIP CLUB, ISWK
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