The 4Ps marketing mix of LucozadeEnergy and Red Bull energy drink
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Added on 2023-06-16
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This article compares and contrasts the effectiveness of the 4Ps marketing mix for LucozadeEnergy and Red Bull energy drink. It discusses their target market, product and brand, pricing strategies, distribution channels, and promotional tactics. LucozadeEnergy mainly targets adults and teenagers with glucose carbonated drinks, while Red Bull targets urban males with sports and recreational activities. Red Bull uses premium pricing, while LucozadeEnergy uses cost leadership. Both companies use mass market distribution channels and engage in direct marketing, TV adverts, sales promotion, and PR.
The 4Ps marketing mix of LucozadeEnergy and Red Bull energy drink
Added on 2023-06-16
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