Content Marketing

Red Bull launched Stratus, an audacious event where it sent parachutist Felix Banterer up 39 SMS into the stratosphere in a balloon so he could Jump and break the sound barrier while free falling. Banterer became the first human to do so. The stunt, which Red Bull had been planning for seven years, was itself perhaps not so surprising when you consider the company had been sponsoring extreme action sports almost its inception.

What was ingenious, however, was what it did with the event. The energy drink maker assumed sole command of chronicling Stratus on film and, according to reports, funneled it through some 80 television outlets in five countries along with a live stream on Youth that was 16 times greater than the views for the summer Olympics that took place a few months before Stratus. “Red Bull today is an experiential marketer which happens to make beverages, says Anita Sarnia, Principal Partner, branded entertainment and activation, Maidenhair.

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Red Bull today is a full-fledged media production company tit thousands of hours of footage of extreme sporting events that it owns the copyright to. It also flogs them in bits and pieces off its internet site while giving some off it away for free. “The whole idea for us is to become a media company,” says Roman Haversack, national communications manager for Red Bull in India. Industry observers say that the global vision is to ultimately make the company’s content sales equal to that of its energy drinks.

That vision has come to India and Red Bull is stepping up its mandate here by bringing action sports to the masses as original vent programming while trying to make money off it. Fans of motorists are probably familiar with their last campaign, associated with Formula One racing. In October 2011, before the championship race at the Buddha International Circuit in Greater Oneida, the company shipped one of its exhibition cars to Lee, Lady and had it race around hairpin bends on its way to Guarding La, the second highest motorboat road in Lady.

This spawned a 40-minute documentary on the effort which was produced and sold to Discovery channel. Capturing India In September cast year, the streets of Sandra in Iambi were witness to another Red Bull spectacle ?the Soapbox race, an event that takes place in 90 other cities across 40 countries. The mandate was to create an engineers build-it-yourself craft that humans would power in a race. 700 entries were received and 50 of them competed on the streets of Mount Mary over five hours in front of a crowd of 12,000 people.

The quixotic range of crafts ranged from fine bottles and condoms to toilets and Veda Pass. Red Bull sold two healthful shows for an undisclosed amount to History TV 18. An event that attracted mass appeal Content Marketing By lavishes as original event programming while trying to make money off it. (Top) A Red Bull spectacle that attracted mass appeal in India was the arrival of Chris Purifier, a world champion exponent of free style street motoring. Left): The mandate of the Soapbox race was to create an engineers build-it-yourself craft that humans would power in a race was the arrival of Chris Purifier, a world champion exponent of free style street motoring, who toured five cities with India and was hosted by Riemannian of Roadies fame. No sporting activity? extreme or otherwise?could possibly complete with rickets in India. And so, Red Bull launched ‘Campus Cricket’ in 2012, which had eight colleges from eight cities competing in a 20/20 format.

A long-term plan has been to establish coaching clinics and overseas placements such as in the English Country season. The format has also been transplanted to 100 campuses across six countries. A few days ago, India beat Pakistan in the 2013 championship game. Robert Hellhole, head of Public Relations firm Delano for India, which has Red Bull’s account for Events and PR, but not for its digital properties, sums up Red Bull’s philosophy. This is their proposition: ‘Give me an idea, I don’t care where it comes from. We’re channel agnostic. The approach starts with content, then looks at traditional media, hybrid, social (floggers), owned (backbone) and experiential marketing. ” This leads to why the Stratus project heralds a larger, more disruptive change in our digital era, say experts. Gone are the days of image marketing. Now, consumers?especially youth? are increasingly asking for brands they can relate to without it being shoved down their throats. Great expectations What makes the company a potent threat is the way the world is going n content consumption, with a lot it transitioning to digital video format over the internet and across technology platforms.

The Red Bull Channel on Youth has 2,013,616 subscribers versus (in a random sampling of sites) Pepsin’s (165, 816), Nine’s (71 ,047) and Procter & Gambler’s (9,674). A full-length snowboarding feature film “The Art of Flight,” was the No. 1 movie download on tunes (at $5. 99) during its first week of release in September 2011; ‘The Red Bulletin,’ its monthly magazine, has an international circulation of 2. 7 million. This success doesn’t necessarily spell out an easy road in India though.

The trick for them is to make sure they have a ‘share of throats,” says Maidenhair’s Sarnia, adding that for beverages it’s still all about sales. Moreover, energy drinks are becoming an attractive space and competition is rising especially with the entrance of low cost indigenous brands like Taking. Then, there’s covering production costs for content, which can become a nightmare if television can’t pay the high tab that goes into generating it. For instance, the cost of Stratus, the 23-mile free-fall Jump, was apparently around $20 million.

For now though, Red Bull is a $7 billion beverage many that is already a major force in the content business, and in the economics of monotheist a new generation who consume much of it. Industry hands say that it through selling content, a monumental feat, if it happens. “Red Bull gives you wings,” is the company’s motto and the brand has certainly sprouted a few pairs of its own to propel it into becoming a global production force. The question is, can they continue to do so amidst the turbulent currents of a quickly changing digital world and regions of the globe that may have different appetites for its content?

Content Marketing

It’s a marketing process to attract and retain customers by consistently creating and crating content In order to change or enhance a consumer behavior. Dunne. ljams@yahoo. Com Send me updates In short, Instead of pitching your products or services, you are delivering Information that makes your buyer more Intelligent. The essence of telethons strategy Is the belief that If we, as businesses, deliver consistent, ongoing valuable Information to buyers, they ultimately reward us with their business and loyalty. Do I really need to learn about another form of marketing? Yes!

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Consumers have simply shut off the ignore magazine advertising, and now have become so adept at online “surfing” that they can take in online information without a care for banners or buttons (making hem irrelevant). Smart marketers understand that traditional marketing is becoming less and less effective by the minute, and that there has to be a better way. Thought leaders and marketing experts from around the world, including the likes of Seth Gooding and hundreds of the leading thinkers in marketing have concluded that content marketing isn’t Just the future, it’s the present (see the video below on the history of content marketing).

It’s also developed and executed by small businesses and one-person shops around the globe. According to the 2012 BIB Content Marketing Benchmarks, Budgets and Trends search, 9 out of 10 BIB marketers are using content marketing organizations market with content – regardless of company size or industry. And they are doing what it takes to bring about desired results: On average, BIB marketers employ eight different content marketing tactics to achieve their marketing goals. 60% report that they plan to increase their spend on content marketing over the next 12 months.

Marketers, on average, spend over a quarter of their marketing budget on content marketing. How do I get started? Here are a few articles to help you get started with content marketing: First Things First – Content Strategy Before Social Strategy The Essential Things You Need to Know When Adding Content Marketing to the Mix How to Get Started in Content Marketing 21 Things Content Marketing Experts Wish They Had Known When They Got Started How to Use Micro-content in Your Marketing Strategy The 3 Big Myths of BIB Content Marketing Want to learn more?