Unit 3 Individual Project           

Red Bull and Consumer Behavior

MKT 255

Fundamentals of Marketing

Unit 3 Individual Project

October 26, 2008


Abstract

This paper covers consumer loyalty.  I chose to do my paper based on the loyalty of my friend Charlene to Red Bull Energy Drinks.  It will cover a brief history of Red Bull, Charlene’s overall loyalty to the brand, and the marketing strategies that have made Red Bull the #1 energy drink on the market.


Red Bull and Consumer Behaviors

I have chosen to observe the loyalty of my friend Charlene to Red Bull Energy Drinks.  The market for energy drinks is constantly growing.  Red Bull is definitely at the top of the energy drinks game. Red Bull Energy Drinks first came on the market in the early 1980’s.  Since then they have grown a  strong consumer community.  Their direct market competition is Monster and Full Throttle.  Even still Red Bull has a way of keeping their customers loyal to their brand through one of a kind flavor, creative marketing, and worldwide distribution.  They offer their product in both regular and sugar free.  They have recently added a new Red Bull Cola to their product line.

Join now!

My friend Charlene is a cheerleading instructor for young girls between the ages of 5 and

15.  She is a very peppy high-energy person.  She drinks at least one 8 oz can of Red Bull a day.  She prefers it to coffee in the morning when getting ready to go into work, and says she likes to drink it served over ice.  When asked her opinions on Monster and Full Throttle her response was simple, “I just like the way Red Bull tastes better.”   This may sound like an easy enough answer.  But then I had to wonder, why ...

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