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PRODUCT LAUNCH: Valerie Dominguez Josh Kern Chris Phelps Monique Yniguez MOSCOW, RUSSIA 01.02.14 source OVERVIEW Red Bull Lifestyle ●About Red Bull ●Timeline ●Product (4P's) ●Price (4P's) ●Place (4P's) ●Old Advertising vs. New ●Promotion (4P's) ●Conclusion ● RED BULL LIFESTYLE ABOUT RED BULL ● Created in Austria in the ● ● ● ● mid 1980s First can sold in 1987 Red Bull created a new market category for energy drinks Available in over 165 countries Sold over 35 billion cans of Red Bull. TIMELINE Plan EVENTS January 2nd-5th: Russian New Year January 7th: Orthodox Christmas February 7th-23rd: Winter Olympics March 7th-16th: Winter Paralympics March 17th: St. Patrick's Day Festival PRODUCT Original Red Bull Sugar Free Red Bull Source PRICE ● List Price (8.4 oz)~ $2.99 o 95 Roubles ● Discounts- None ● Payment period- 60 days ● Credit Terms- 2/10 net 60 PLACE ● Moscow, Russia ● Average winter temperature: 48°F ● Introduce bars, liquor stores, sporting events BARS & NIGHTCLUBS ● ● ● ● ● ● 8 Ball (Shooter) Jagermeister + Red Bull Energy Drink Absolut Bull (Cocktail) Absolut Vodka + Red Bull Energy Drink Agwa Bomb (Cocktail) All Nighter (Cocktail) Source LIQUOR STORES Source EXTREME SPORTING EVENTS PROMOTION Red Bull 2000 Red Bull 2013 PROMOTION Athlete Endorsements Host Major Sporting Events Environmental Promotion INTERNET PROMOTION ● ● ● ● ● 30 Million “likes” on Facebook Twitter is an up and coming digital marketing channel in Russia. 2011-2012 Russian Twitter users tripled. Over 33 million views for their project stratos video. Red Bull shares videos of sponsored athletes from around the world in many different sports. CONCLUSION WHAT WE LEARNED ● ● ● ● Introducing a Product globally involves extra research about the culture to implement Brands that transcend through time are about a lifestyle Red Bull builds relationships with extreme athletes they sponsor and in turn those extreme athletes serve as brand ambassadors Promotion is more than just about advertising REFERENCES http://www.mos.ru/en/index.php http://www.ukessays.com/essays/marketing/red-bull.php https://www.facebook.com/redbull http://www.ewdn.com/2012/02/06/russian-twitter-users-triple-in-one-year/ http://www.redbull.com/us/en http://codeboxr.com/blogs/timeline-for-brands-and-how-red-bull-uses-it-so-successfully http://www.youtube.com/watch?v=FHtvDA0W34I http://www.redbull.ru/cs/Satellite/ru_RU/Article/Red-Bull-Jump-And-Freeze-2013-021243339274318 http://energydrink.redbull.com/