Changes to occur in the market for energy drinks

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With more options available in the market, there may be a blurring effect where they all start to look the same and Red Bull could lose its “point of difference.” Or, the brand may simply lose its edge and become “stale.” (3) The health concerns are still out there and may become amplified if bloggers start to take issue with these drinks and become more concerned with health in general and, more particularly, with childhood obesity and diabetes. (4) Their targe audience may move on as they age. (5) A limited product-line could be a risky strategy if things change.

What do you see as the most likely changes to occur in the market for energy drinks? Provide examples and an explanation. What marketing advice would you offer to Red Bull for now and the future? Explain why?

Reference no: EM132226481

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