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RE: LeoThread 2024-11-22 12:08

in LeoFinanceyesterday

Part 4/9:

What distinguishes Red Bull from its competitors, such as Coke and Pepsi, is its unique business model. Mateschitz molded the company into a firm concentrating on marketing and sales while outsourcing production and logistics. This strategic choice enables Red Bull to make a significant profit margin by selling each can for approximately 3.59 USD while producing it for around 9 cents.

The mammoth pricing strategy relies heavily on brand power, shaped through aggressive marketing. The beverage's image as a premium product is a direct result of Mateschitz’s efforts to create a culture around the brand—an endeavor that transformed a simple energy drink into a lifestyle icon.

The Marketing Machine