I have to admit that I am a little biased in favor of the twin fighting bulls. Nevertheless, Red Bull is an impressive brand that deserves to be followed by all "wanna-be" marketing gurus.
In 2008, Red Bull GmbH earned more than US$4.6 billion worldwide, experiencing 7.9% growth and eating, or shall I say drinking, 40.8% of the US energy drink market.
With its US$900 million worldwide marketing budget, Red Bull continues to push its core brand identity by sponsoring outdoor, extreme, adventure and motor sports. But the fighting bulls never rest and are now expanding not only into the mainstream NFL, NBA, MLS and NASCAR leagues, but also into new beverage categories such as colas and energy shots.
On the web, Red Bull has never been so popular. Its Facebook page has 1,122,830 fans and features several extreme sport videos, all in line with the brands image and identity. Check this one...
In comparison, Monster Energy drink, which is the runner up in the US market, has a 276,526 Facebook fan base and a page that needs improvement. Rockstar, the bronze medalist, has a comparatively slim 33,185 fan base.
So, should we include social network fan base in Wall Street's next company valuation manual? Should we ask Facebook and Myspace where to invest our next paycheck? One thing is for sure; if you plan to build an 360 degree online presence for your brand ...benchmark RED BULL!