Critical marketing tool for global companies such as Red Bull is:

Question

Quizplus · Accepted Answer

Event marketing is the best choice as Red Bull heavily relies on sponsoring extreme sports events, concerts, and festivals for brand promotion. This allows them to reach a large and engaged audience, create a strong brand image, and connect with their target demographic. Personal selling, while important, may not be as effective for a global company like Red Bull as they employ a mass-marketing strategy. Sampling, sweepstakes, and couponing may also be effective tactics, but they may not be as crucial as event marketing for promoting Red Bull's brand image and lifestyle.

Critical Marketing Tool for Global Companies Such as Red Bull