Red Bull Brand

How Did the Red Bull Brand Get its Wings?

Red Bull’s remarkable journey began in 1987 when Dietrich Mateschitz, an Austrian toothpaste salesman, stumbled upon a life-changing beverage during a business trip to Thailand in 1982. He discovered an “energy tonic” created by Chaleo Yoovidhya, designed to keep people awake and alert. After trying the drink and feeling immediate relief from jet lag, Mateschitz saw […]

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Guinness marketing strategy

Pouring Success: The Genius Behind Guinness’s Global Marketing Strategy

Guinness has cultivated a remarkable brand identity through tradition and scientific precision, particularly in perfecting the art of pouring the perfect pint. Originating from Ireland, this globally recognized brand operates in over 60 countries and is available in more than 150. By offering a diverse range of products, packaging, and labeling, Guinness exemplifies how to

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Rethinking Economics Beyond Rationality and Beyond Logic

Historically, economic theory has centered around Homo Economicus, a figure characterized by logical, strategic, and self-interested behavior. This model suggested that if humans acted rationally in a consistent manner, a capitalist utopia would naturally emerge. However, this premise has been increasingly challenged, leading to the rise of behavioral economics, which presents a more nuanced view

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The Iconic Marketing Triumph of Absolut Vodka

Absolut Vodka, produced in southern Sweden, stands as the third largest brand of alcoholic spirits worldwide. Despite its roots dating back to the late 19th century, it wasn’t until the mid-20th century that it was recognized as vodka by the Scandinavian population, previously referred to as brannvin. The brand’s meteoric rise to fame is largely attributed

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the avis strategy

Honesty Over Hype: The Avis Strategy

Have you ever noticed how different brands differentiate themselves from one another? Whether it is banks, ride-sharing platforms, powder detergents, or other products or services; they all claim to be the best. It never actually involves brands differentiating themselves from their competitors. Although they may not always use the word best, that is exactly what

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Volvo’s Brilliant Advertising Strategies

From Stacked Volvos to Super Bowl Stunts: Inside Volvo’s Brilliant Advertising Strategies

How often do you see a Volvo strolling around on the streets of Addis? Not much, right!! But Volvo has implemented brilliant advertising and branding techniques that have made it very popular in Western media and Western markets. Well, why do we need to talk about Volvo then? Because Volvo’s marketing practices are noteworthy as

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Smart disclosures and choice engines

Smart Disclosures and Choice Engines: How Can You Make Informed Decisions in a Complex World?

Have you ever had your food get cold while you are searching for a movie on Netflix? Other choice engines can assist you with choices that have far more implications, in the same way that Amazon and Netflix can assist you in selecting a book to read or a movie to watch. Do you use

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fly in public bathrooms

How an Image of a Fly Reduced Urine Splashback in Public Bathrooms

How you ever wondered why public bathrooms in our country have a certain pungent odor to them; no matter how often they supposedly get cleaned and no matter how upscale and prestigious the location or the establishment? As Ethiopians, we are all too familiar with the fact that if the foot traffic for a public

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