Saturday, 6 December 2008

Brief 3 | Red Bull + & -

Strenghts:
- very strong brand recognition
- simple and unique colour scheme
- revolutionary can shape
- leading brand
- dominating clubbing scene worldwide
- high positive representation of extreme sports
- consistancy
- public popular sponsorships with special red bull events


Weaknesses:
- has not changed ID for more than 22 years
- competitors increasing market shares
- often seen as a masculine drink
- distinctive taste
- dangerous to mix with alcohol, but very popular amongst club scene
- unhealthy
- pricy


mission statement:
"We are dedicated to upholding Red Bull standards, while maintaining the leadership position in the energy drinks category when delivering superior customer service in a highly efficient and profitable manner. We create a culture where employees share best practices dedicated to coaching and developing our organisation as an employer of choice."

Brief 3 | Red Bull Mind Map(s)

To break down the key facts around red bull, the use of a mind map is helpful.

Brief 3 | Red Bull Analyze

Red Bull specializes in energy drinks. The Red Bull Company also distributes and markets a number of other drinks in the United Kingdom including the Carpe Diem range of herbal soft beverages and the Sabai Wine Spritzer. The original Thai Krafting Daeng is often available in many Asian grocery stores in New Zealand, Australia, and Canada. It’s usually cheaper than the domestic (mainstream Red Bull) variety.


Competitors:
The majority of consumers are using Red Bull as a vitamin supplement or energy stimulant in place of preferred stimulants such as ginseng, no doze pills, energy bars, and Ma Huang. Red Bull, with its liquid B-vitamin supplement, competes in the niche market for vitamins and is competing with the larger pharmaceutical companies.

Red Bull is also competing indirectly with various drink mixers such juice, sour mix, and tonic. The most infamous drink mixer use is the Jagarbomb. Red Bull initially marketed its energy drinks to the average club-goers. However, due to various health concerns and fatal incidents associated with Red Bull when mixed with alcohol, explicit warnings have been placed on product labels discouraging improper use.
Advertising:
Red Bull devised an innovative marketing approach to mainly target the young adult and consumers seeking an energy boost. As with any successful business, Red Bull is truly committed to creating superior value to the customers in its market orientation. Red Bull, being first to exploit the energy drinks market, pursues a mix of product oriented and consumer pre-occupied market oriented market strategy.



Sponsoring:
"In terms of attracting new customers and enhancing consumer loyalty, Red Bull has a more effective branding campaign than Coke or Pepsi," says Nancy F. Koehn, professor of business administration at Harvard Business School and author of Brand New: How Entrepreneurs Earned Consumers' Trust from Wedgwood to Dell[v]. "Red Bull is building a beverage brand without relying on the essential equipment of a mass-marketing campaign. Perhaps the indispensable tools of marketing aren't so indispensable after all."
Red Bull essentially threw the traditional marketing book out the window. Their highly acclaimed strategy has been described as: Grassroots, guerilla, word-of-mouth, underground, buzz-marketing and without a doubt, successful.

Target audience:
Red Bull targets young adult consumer ages 16 – 29, young urban professionals, and post secondary school students. Red Bull created strategic program to attract post-secondary students by providing them free cases of drink and convincing them to throw party and also, targeting club goers by stocking Red Bull at the clubs. This viral campaign created a noticeable effect by boasting sales. Supported by sleek advertising, it came out with small silver blue can to attract young urban professionals who prefer stylish life, providing another reason to drink Red Bull, the style, as suggested by the advertisement slogan, “Red Bull Gives You Wings”.


Distribution:
Red Bulls distribution strategy was, like all else, atypical. Instead of targeting the largest distributors with the greatest reach Red Bull targeted small distributors who often became exclusively Red Bull distributors. They even went to the extreme of hiring teenagers / college students and giving them vans to distribute the product. Small independent venues were also the first targets. Red Bull would find the small bars, restaurants and stores and give them a small cooler to sell the beverage from. This was preferred rather than dealing with the demands of the larger stores, who eventually were begging to sell the product.


Urban Legend/Mythical Status:
One effective brand builder was not initiated by the company. Red Bull faced many obstacles in gaining regulatory approval in several countries because of their unique ingredients. During this time a rumor circulated that the taurine used came from bull’s testicles and Red Bull was “liquid Viagra”, which made the drink even more mystic. Adding to the allure was the fact that the beverage has actually been banned in several countries such as France and Denmark.


source: http://beachstreetsalon.spaces.live.com/Blog/cns!41B8958BE6D!436.entry

Brief 3 | Red Bull Brainstorm


Red Bull!!! THE Energy drink and most distinctive revolutionary shape in the history of beverage. What made us decide to rebrand Red Bull?
For me personally it is the high level of challenge to work on a project like this. The drink itself is so successful worldwide, but with increasing numbers of competitors.

Red Bull, founded in 1984 by Deitrich Mateschitz and Chaleo Yoovidhya, is headquartered in Austria. In 2006, Red Bull generated over €2,6 billion (euros) in 2007 throughout the world with the help of its’ 3,903 employees.

The origin of Red Bull dates back to 1962 where the original formula was developed by Chaleo Yoovidhya, a Thai businessman, and sold under the name Krating Daeng by a local pharmaceutical company to treat jetlag and boost energy for truck drivers.

Red Bull is sold as an energy drink to combat mental and physical fatigue. A sugar-free version has been available since the beginning of 2003. The drink tastes of citrus and herbs, and is commonly used as a mixer in alcoholic drinks such as Raspberry Stoli Vodka or base ingredient in the famous Jagerbomb. It has become extremely popular over the recent years with almost 1 billion 250ml cans sold in 2000 to more than 3 billion cans sold in 2007 in over 130 countries.

Red Bull, despite being widely known as an energy drink, has other uses such as a coffee, tea, and soda substitute; vitamin/energy supplement; and mixer for alcohol. Quite surprisingly, some use Red Bull as a substitute to illegal drugs such as Ecstasy, Cocaine, and Speed according to “German Moms United”. Although Red Bull is not actively marketing in these indirect competing markets as in the original intended markets, it’s perceived by consumers to be a competitive product.

video source: The Can from Carlos Lascano on Vimeo.
information source: http://beachstreetsalon.spaces.live.com/Blog/cns!41B8958BE6D!436.entry

Brief 3 | iMazing

At this point, after deciding to rebrand Red Bull, iMazing is back on track with all the members on board again. Jakub and me were kind enough to allow Lucy to be back as iMazing. So finally, iMazing is going to give Red Bull a new face.

Brief 3 | First ideas


So we individually researched different beverage companies. After getting together we decided to go for red bull, since this is a challenging rebranding opportunity and they have not changed their ID for more than 20 years.

Brief 3 | Brainstorm session

My initial brainstorm session for this project. I thought of brands/companies which have a bad reputation or have NOT changed their image/ID for a long period of time.
After talking to my other teammembers, we decided to rebrand a beverage company, due to the vast amount of possibilities to work on the shape of the can/bottle, revolutionize the core idea, and packaging design etc. which can be very lucrative.