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Red Bull Cool Factor

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HOW RED BULL CREATED THE “COOL” FACTOR
QUESTION 1:

Origin:

Red Bull energy drink has had wings since it took off 25 years ago.
The iconic Red bull drink as we know it today in the western world was originally found in Thailand in 1987 by an Austrian entrepreneur who was inspired when he realized that it could cure his jet lag.

The original drink called Krateng Daeng was first invented and only available in Thailand. The Austrian entrepreneur, Dietrich Mateschitz then in partnership with Chaleo Yoovidhva modified the energy drink to suit the taste of the western world and the iconic carbonated Red Bull energy drink was found and first started in Austria. In 1992, the product expanded to international markets, at first Hungary and …show more content…

The main reasons for such positive figures include outstanding sales in the Red Bull markets in Turkey (+86%), Japan (+80%), Brazil (+32%), Germany (+13%) and the USA (+11%), combined with efficient cost management and ongoing brand investment even in the challenging economic climate of recent years.
In spite of the still very difficult and uncertain financial and global economic climate, their plans for growth and investment in 2011 remain just as ambitious and they continue to see an upward trend.
From 1987 to 1997 they grew from only selling in Austria to selling in 34 countries. Red Bulls growth rapidly increased every 5 years from then on. In 2002 Red Bull was being sold in 90 countries, in the year 2007 Red Bull was available in 146 countries. Red Bull is now being sold in 160 countries worldwide today.

Motivation and sponsorship

Red Bull has a diverse international marketing campaign. The numerous activities range from extreme sports like mountain biking, BMX, motocross, windsurfing, snowboarding, skateboarding, kayaking, wakeboarding, cliff-diving, surfing, skating, freestyle motocross, rally, Formula 1 racing, and breakdancing to art shows, music, and video games. In keeping with their target market of young males, Red Bull has also enlisted help from celebrities, such as Eminem that would appeal

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