Why Red Bull Isn't A Drink Company
HTML-код
- Опубликовано: 3 июн 2024
- 📩 Sign up for The Daily Upside (free business newsletter): bit.ly/3gg0p1Y
In this business documentary on the story of Red Bull, we’ll cover: 1. The rapid rise of red bull - how Red Bull grew their company into a business empire that’s so profitable (both co-founders became billionaires, despite the simplicity of red bull’s products). 2. The marketing genius of Red Bull (why Red Bull’s unique and invisible marketing helped them gain so much market share, and some examples of Red Bull’s expensive and unorthodox marketing strategies). 3. Red Bull controversies - why red bull was banned, and why red bull boycotts have been threatened. 4. Business lessons & marketing strategies For growing your own company, and making more sales & more money.
How did this simple energy drink become not only one of the biggest disruptors in the beverage industry but also one of the best-marketed products ever? By the end of 2022, the Global Energy Drink industry will be worth around $90 billion dollars, and sitting on top of the caffeinated throne is Red Bull, who in 2021 alone sold more than 9.8 billion cans across 172 countries. And yet despite this, Red Bull began from the most unlikely and humble of beginnings… Chaleo Yoovidhya was born in rural Thailand, and his parents were duck farmers who also sold fruit. They had very little money, and couldn’t afford to give their children a formal education. Thus Chaleo grew up working on a farm, with very little prospects.
The Untold Truth of Red Bull (It's NOT a drinks company)
Why Red Bull Don't Sell Energy Drinks
Why Red Bull Doesn't Sell Energy Drinks Any More
Red Bull’s Secret to Success (It Has Nothing to Do With Energy Drinks)
How a Duck Farmer & Marketing Genius Built an Energy Drink Empire
The Weird Secret To Red Bull's Success
Why Red Bull Isn't Really a Drinks Company
00:00 Prologue
01:28 The Son of a Duck Farmer (Part 1)
04:29 The Marketing Wizard (Part 2)
07:29 Thanks To The Daily Upside
08:30 The Rapid Rise of Red Bull (Part 3)
14:51 Red Bull Controversy (Part 4)
17:38 Lessons For Building Your Empire (Part 5)
🎁 Get Up To 15 FREE Stocks (seriously, crazy good deal):
magnates.media/freestocks
🎨 Editing software used to make this video (free trial):
magnates.media/editing
🎵 Music used in this video (free trial):
www.epidemicsound.com/referra...
🌟 My course to build a full-time business using RUclips:
magnates.media/youtube
Sign up to The Daily Upside here: bit.ly/3gg0p1Y - a high quality free business & finance newsletter that is sent to your email inbox daily!
Im always thrilled watching this channel
You are amazing, keep up the good work! ❤
YOU are the legend.
😢
Try make a video about prime since it is getting so popular
Dietrich Mateschitz is no longer the richest person in Austria, he unfortunately passed away on the 22nd of October this year, Red Bull no longer has their original founders, and it will be interesting to see how the company will progress after this.
Not only that they lost the team owner and founder of the f1 team
@@summernutria2988 Rightly so, for both Red Bull and Alpha Tauri.
Most likely they had given the company to some other people to run the company when they pass away, like some major companies do
Maybe they gave it to am family member
Christian Horner Could Help been Team Leader of RedBull Racing and he’s Determined to go beyond Even after the 4 Vettel Titles
15:50 I cracked up at the idea of some guy waking up the morning after he had a Redbull, upset and disappoited he didn't actually grow wings, and sued the company for false advertising lmao
And won
Psh, sueing someone
For metaphorically not dying, lol
At least, that's how I used to imagine what those commercials meant
Red Bull got so popular in German speaking countries because their advertising was actually unique and funny back in the 90s and early 2000s. Practically everyone today knows their slogan "Redbull verleiht Flügel" (Redbull gives you wings) because their ads had a unique cartoony artstyle and maintained it to this day. Those ads set them very clearly apart from every other standard ad you would see on TV back then.
I seen there cartons too, but in english
But by now, Red Bull is absolutely despised by German football fans (aka the majority of the population), because they bought their way into the Bundesliga and broke basically every (written and unwritten) rule there is in German football.
I always hated those stupid ads. Maybe the German ones were better, but the English ones were just so cringeworthy...
the world: germans have no sense of humor.
germany: the red bull cartoon ads from the 90's were funny.
the world: see, i told you so.
@@generaldissaray4109 🤣
Great video as usual, but it should've been mentioned that Dietrich Mateschitz has unfortunately passed away at 78 just last week, following a long battle with cancer. This video describes his legacy perfectly, may he rest in peace. ❤
I imagine the video was shot before his untimely demise.
@@vihaandumir1649 still, they post this video online more than a week later, enough time for them to make a tiny clarification paragraph
Maybe if he hadn't drunk so much, of the product, he might not have contracted cancer: just saying.
Too bad at least he has live an exciting life
Fortunately*
I used to work in a distribution warehouse which handled thousands of cans of Red Bull everyday. Inevitably some got damaged and they would end up in the staff room, available for free to anyone who wanted it. Oddly enough, most people would choose tap water over this stuff.
I worked on an americas cup boat with a barrel of free red bull.Had one and never again.
I'm afraid of energy drinks. They have way too much caffein. I just do one cup of coffee some days.
Energy drinks are so bad for the heart!!
Sh*t's pure poison, but the marketing does the trick of misleading.
@@judonor Energy drinks are bad and in theory black coffee is better then energy drinks where the line between coffee and energy drinks gets blurred is when you start adding creams and various sugars. Coffee can be better then energy drinks but you must be careful with what you put in it.
I was a factory worker. The molecular structure of Red Bull has infused itself with my dna. Thank you for this. It is fascinating.
That's horrible for your long term health tho, sorry to hear that.
Hah ! Ty ty !!
@@Sam-bn7jk its rlly good im drinking it rn
@@7elep your comment will age like milk when you at the hospital getting blood transplant
@@7elep lmao gl with that kid
Another crazy thing about Red Bull is that the drink is made by Rauch, another austrian beverage company, and costs less than 20 cents in production
good topic to cover bro, red bull had taken the world by storm, i always see 10y olds outside local marts drinking redbull and trying to act like crime bosses😂
In some parts of Asia outside Thailand, the original Krating Daeng is still sold. I actually prefer it over Red Bull, I find it more energizing.
I swear that you are one of the most underrated creators. I hope that you grow your channel and become more well known! 😃
RedBull was a popular club drink in the Philly/NYC club scene in 1999/2000 era. An energy drink was unheard of for most people and it was awesome. Now we can’t escape them lol.
This "Untold Truth" is actually like a cinema advertisement for the product.
Love this video, like everything you put out in your very unique style of storytelling. « BUT » is the rebound word in your stories, and most generally you associate it with a funny sentence or concept. Great job. I love to see your audience growing.
Just found your channel yesterday. This is some of the most well edited content around with interesting topics and fantastic narration. You sir, are incredible.
I love the effort you put into your videos dude. So much research goes into these and they’re super interesting👌🏼
I’m so glad your channel was in my feed today! I loved the video so much! The actual content was very informative and told me new information about the history and marketing of RedBull. I received my degree in advertising and I ended up not working or doing anything with it. However, I absolutely love the field and I am now a big fan of this channel. I am excited to keep watching and moving down your video playlist. I believe today will be me in bed and binge watching your channel! XOXO!!
When I first found your channel I couldn't stop watching everytime you upload, I watch as soon as possible, thanks for entertaining me
I hit LIKE before watching. That's how excellent this channel is with it's content. Well Done JOHN❤
This is your second best video till far. Keep going, it helps me a lot with the tricks which the businesses have used. And the your empire part is veryyy good!
My wife who is Asian introduced me to energy drinks from the local Asian food markets long before they took off. It wasn’t just Red Bull, there were plenty of other brands. But the fighting bulls stood out. Also they came in tiny glass bottles or very small cans.
How much did you pay for her?
M150 they is long time rival and beat Redbull in thailand
You lucky fk'r!!!
This is the seventh video I have seen on the Red Bull story, and I'm not complaining. Of course you present in your unmatched style. I love everything about this brand. Their F1 team having 6 driver's championships and 5 constructor's championships in a field dominated by car manufacturers is simply legendary. On top of that they have a steak in pretty much everything.
How utterly fascinating. I never knew anything about red bull, but it is truly genius and I can see from my own point of view how right you are about not seeing red bull as a product! Another great video. Thanks. 💖
These videos are incredibly well put together i enjoy binge watching
Good job on this video, pointing out few things other videos don't. One thing I don't see any one doing is going deeper into the psychology behind the marketing. Like the space jump I point out a lot, what made people go buy it and or more of redbull after. Most people don't know and or understand. You did point out good bit that others don't just like saying go little deeper. I thought about doing videos like this but seeing how good your videos are and few others at the moment not sure now is right time for me.
The form factor of the can is overlooked - but it was a great choice, nobody else had the format of a more elegant, practical (and slightly more wasteful) at that time - now basically everyone has it even Coca Cola.
Great video as always! I can't help but love this company and their approach, I wish more companies were like this.
Im so glad I found your channel bro, keep it up I enjoy watching these doing the night shift
Thank you for this video! As I grew up in Thailand, and love to share this same story with people ❤
As a huge fan of both your channel and F1 thank you so much! This video was the collab I never knew I needed
As always, your videos never fail to disappoint! Honestly great work. If schools still teach about history in any way and still assign essays or presentations, I hope some people are able to find this channel to get a good idea of how a presentation should look. You really do amazing research, MM! Kudos for all your hard work! Super interesting stuff!
"You never fail to disappoint" is typically used derogatorily.
never fail to disappoint? really? that's like saying: you always disappoint
😂never fail to disappoint 😢
I guess this person doesn't really understand the phrase smh
@@urielflores9927 NO, two negatives, even in language, cancel each other out. "Never fail to disappoint" has been used for CENTURIES. It literally means "You didn't disappoint," which exactly the same thing as when viewers comment like "I was not disappointed."
You videos never disappoint man. The quality is always great and I respect you for that.
Only that you didn't mention anything about the tragic death of Dietrich one of the original founders of redbull but at least everything else was covered to it's fullest.
Keep us informed and entertained as well
Can you make a documentary on BlackRock or Hushpuppi or Apple/Steve Jobs or Even Gautam Adani - the richest man in India. Would love to know more about these people
Actually wonderful high quality content.
Bueno, muy buen trabajo amigo, además estoy suscrito a su canal porque también aprendo inglés y esto es genial. Gracias.
Red Bull's success can be attributed to its extreme and unorthodox marketing strategies. They have sponsored daring and adventurous events, created associations with high energy and power, and targeted specific demographics, such as college students and bartenders. The brand focused on building a strong image and a sense of experience rather than just selling a product. Despite initial taste test failures and competition in the energy drink market, Red Bull's marketing efforts and storytelling approach have propelled it to become one of the best-marketed products ever.
Thats great.
Happy to see new good content, keep it up men
Another great video, thank you. I will comment that I have never even tasted a Red Bull, but I have enjoyed the marketing strategy. It is nice to know the whole story behind the product.
When I was 13 I took a sip of my brother's redbull, and I hated it back then. When I turned 18, my brother made me try redbull once again, and this time, I actually enjoyed it. Ever since that day I have always ordered a redbull over a Coke/Pepsi. A year later I got into formula 1 and redbull started winning more and more, until 2021 when max won the championship with redbull. Funny way to describe F1: Formula 1 is a car sport where some of the biggest car manufacturers try and build cars fast enough to beat an energy drinks company.
Red bull manufactures the chassis and other parts/tech of the car ( they have a factory in Milton Keynes) but the power unit ( engine ) is provided by Honda.
I've never tried Red Bull! I've always been a Coke/Pepsi guy. Maybe, since I in my sixties now, I just never needed the extra energy! That sugar, caffeine high never lasts long anyway!
You completely overlook the additional cost. Outrageous.
@@garybulwinkle82 I don't really see Red Bull as an alternative to pop. It does taste terrible, yet I had one the other dad as a pick me up. While Pop has caffeine, it's more a casual drink. You drink red bull for the energy.
I really appreciate the time and effort you put into your videos. There is a lot of research that goes into these, and they are really interesting!!
the editing is awesome mate!
This guy probably teaches more than schools ever will teach
you can literally find all of this on wikipedia
Yeah, knowing about how Red Bull became a front runner will definitely help secure a job.
@Nubidubi23 try reading 100 pg articles and saying its better than thos guys content
I'd love to say that's a compliment and it is however, if you learn to count and have any genuine thoughts you can outperform public schools.
Crypto Ninja that is true
It's a shame that Dietrich Mateschitz has passed away! Intrigued to see which direction the company goes next!
He died just the day before the redbull f1 team win the 2022 f1 championship with 3 races to spare
It'll be business as usual, Dietrich hasn't been running the company since about 2005 or so.
It's amazing the whoreson died! I hope Servus TV and RB go down in flames.
Another great video. Very informative. 👍
Fantastic video - I randomly got curious about the history of red bull and lo and behold, this video was here. Thank you 💛
Wow, you are pumping out these high quality videos like it’s nothing.
This video successfully illustrates how little substance many product are vs. their marketing.
Thank u so much for making this vid. I was doing Red Bull as my marketing mix business class report/presentation. Helps so much
I'm sad to see this channel Doesn't get deservable likes views and subcribers ☹️,
Appreciate your hard work dude
Redbull just organized the biggest tournament of my fav game (Age of Empires), so the timing of this video is on point.
The giving away of Red Bull still happened in Sweden in the early 2000s I remember a friend of mine had a very popular older brother who hosted LAN parties and all of them had free Red Bull given by the company was early once and remember so clearly when a Red Bull car showed up with three gorgeous girls who popped the trunk and we helped to unload around eight 24pack cases. Never thought about how it was smart marketing we all just associated Red Bull with a great late nights of gaming or partying.
I thought it was a Swedish brand.
Thanks for your research very interesting
Seriously Your presentation is awesome.
You can actually still get the original syrup in Thailand. It tastes even worse, but still has a strong foothold in the blue collar workers of the country. Plenty of other competitors exist now, too, all copying the OG and not the international hit.
As a Cambodian growing up I was wondering why I was so hyper. My dad would drink the original red bull with his beer. He'd give me the rest (not with the beer) and man's was I off the walls lol
Beer mixed with Red Bull? I'm listening...
You want to be an Entrepreneur cling to this channel. Spot on delivery on business motivation.
Kudos to them for the knowledgeable use of social experience
you deserve way more recognition for your extreme hard work!!!
There's something about being drunk on Red Bull and liquor at 3am that's a special kind of hell. So, so tired, but wide awake. You suffer for your bad choices. I can't believe I ever drank that stuff together.
Jägerbomb
I can remember 15 years ago people would mix it with jagermiester. Man the would get happy stupid. And about 5 bucks a shot even back then.
I've been bingewatching your content @MagnatesMedia - as a marketer who is building a SaaS and wanting to bootstrap it, all of these videos are SUPER inspiraitonal AND educational!!! Thank you so much for putting so much effort into your videos, and for making them clear and understandable and entertaining for us!! Bravo and keep it up!
Very interesting, good video, thanks.
You've really taken your videos to the next level. You deserve much more
I was thirsty once and without thinking drank 4 - 5 Thai RedBulls. Started having chest pains. Unintentionally almost killed myself ☹
Wtf
@@dniiliiNo really! That is when you overdose. Coffeine is a drug
this is an awesome story! so cool about guys from totally different background and countries teaming up and creating one of the most famous drinks on earth. their marketing was on point!! thanks for the great video
A very fascinating branding case study!
A lot of ppl say Red Bull only sells well cuz of the marketing but I like it cuz it’s the best energy drink imo. It’s got a minimalist vibe to it, tastes great and gives me clean energy. The taste is acquired but tastes way better than the competition once you do
I have to agree. It actually tastes good. It isn't too sweet, just a little bit.
Ripped it power can . Great taste, half the price.
3:52, it should be purnounced Muay Thai, and not May Thai. Very interesting story and amazing work!
First time I heard about red bull was in 1998 with the game wipeout 2097. The drink was advertised all around the circuits. I had no idea it was a drink at the time.
I love this channel
the part where he talks about how they would hire collage students they still do this now there was a guy at my uni that would leave them on all the desks in classrooms for everyone and go around the library just handing them out
Great production value!
Nice video, no unnecessary talk
🚀Red Bulls sell an experience, not a product. 🏎
3:53 - Maitai is a cocktail. It's Muai Thai (like "moo-ay")
And that visual is One Championship, which is MMA (although they do have some kickboxing, but that's not the same as Muai Thai).
they have muay thai too..
I like learning about the growths of these business ideas n maybe one day I'll have my own
I watched the “jump from space” on a Jet Blue flight from Washington Dulles to Boston Logan on my cellphone using the WiFi on the plane. I’m a techie and understand all of the elements delivering the stream; and, yet, I was thoroughly amazed…
I'd be interested to know what proportion of Red Bull is sold as a mixer and whether there's any official fiscal agreement with Smirnoff. It's worth noting that for less than the price of a single can, you can buy a pack of caffeine pills, which if used for preventing fatigue for working, gives 16 or more times the "doses" of caffeine that the single can did.
Very true.
Yeah but Red Bull also contains taurine (hence the name) which is given to bulls to make them horny so they breed. Never noticed any such effects? It has an effect on the circulation.
new video! new to channel but it's great
You should make a video on Bang Energy drinks. They were everywhere outta no where and now they are barely on store shelves. I really liked their products and cosumed them very often. Really looked forward to every new flavor release. But it seems like Celsius has now taken over.
Man your work ethic is insane. Keep up the great content.
I remember being in college and Red Bull giving out free cans. They were almost having to force it on people. To see what the brand has become is incredible.
Almost having to force it?
@@AviViljoen
people used to drink coca cola
@@alphatrion100 So?
The hot girls helped for sure
i wish i had free red bulls 😂
Today I watched this video, 4 hours after I watched the video I was doing a food shop and ended up buying a red bull, I haven't had one in like 6 months, no idea why I bought it either. Power of branding!
I used my pendulum on a red bull can years ago and got a fast negative read,,Never would drink it.I asked if it would shorten lifespan and, yes was the answer.
Never had the stuff because of what someone once told me, something disgusting totally put me off of it. Now I know it's not true but still don't have the desire.
What they say though? Now I'm curious.
Energy drinks are very unhealthy it is better for you not to drink them
R.I.P Dietrich
I admire this video but ftom where did you get all great information ❤
Very good edits, i like it
Very nice, keep it up! can you also please do the V Energy Drinks, I am now wondering what they did and what happened, they are still here (well in my country) and what caused them to be wealthy
Redbull sponsor sports so much it became more of a sport team than can drink selling business.
Great, great video. Another one in the can.
Love this stories👍
Those cars. I saw those and some beautiful women gave us red bull cans. I was able to experience it when I was still in college. :) That's my first time drinking red bull.
They literally sent a man to space, I haven't seen them as drink company in decades. *Fun Fact* the man who broke Felix's jump never sky dove before.
Shout out to Thailand for Red Bull 💯
What's the name of music that used in the first of video?
I actually learned more in this channel than what ive learned in my college years. I feel so stupid for wasting those years with normies business professors teaching us nonsense
That nonsense will get you a high paying job.
@@itachi4374 it’s hard to see that while ur doing it I think
@@Mj-hl7kg what you mean?
@@itachi4374 I mean like it’s hard to keep sight of why I even started college when I’m just learning bs for gen eds
@@Mj-hl7kg i dropped out of the college in my second year and it was the worst decision I've ever made, i could have so much job opportunities if I finished college, big companies won't hire you unless you a have a college degree.
I don't drink it simply because of the taste
Great video
"It's not a drink company" when it's a drink company. 💀
Uh, it tastes terrbile and gives me headache afterwards. I only drink it two times in my life, and both times got a bad headache from it. The truth is, I can t stand these kinds of beverages, and thats my two cents.
Get better taste buds
Who asked?