Rich Energy drop Haas. No...Really. Seriously...

Rich Energy drop Haas. No...Really. Seriously...

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Discussion

thegreenhell

15,346 posts

219 months

Thursday 11th July 2019
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It's still a complete mystery to me how he became the front man of the brand in the first place.

JonChalk

Original Poster:

6,469 posts

110 months

Thursday 11th July 2019
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Usget said:
According to Autosport RE quote; "the rogue actions of one individual"

So........Storey??

Arklight

891 posts

189 months

Thursday 11th July 2019
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They have tweeted that on the Netherlands Rich Energy account, looks like they still don't have access or control over the main account yet then.

Speed Badger

2,691 posts

117 months

Thursday 11th July 2019
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Well this is the Storey that keeps on giving.

I will say one thing though - I've certainly heard more people talk about Rich Energy than any other brand on an F1 car this year!

StevieBee

12,890 posts

255 months

Thursday 11th July 2019
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Usget said:
StevieBee said:
Hype Energy Drink
I did not know that story. The involvement of Bertrand Gachot, who I only previously knew from CS gassing a taxi driver in that season where Jordan had about 19 different drivers including Schumacher, makes it even more random. Thanks for sharing. Completely agree that openness, honesty and a decent media strategy would have seen a very different outcome for RE.
It’s an interesting one. I was studying for my post grad in Marketing around the time they emerged and was the subject of one of my papers. The company selected which team to sponsor based upon the other companies sponsoring the same team. They switched to Benetton because they were also sponsored by Kingfisher Beer and AutoGrill (the Italian version of Little Chef). So at Grand Prix weekends, the head-honchos would be sharing some serious ’face-time’ with the head-honchos of those companies and quickly opened up favourable distribution routes in Italy and India as a result.

It’s a shame they cocked up the manufacturing. They had one drink which was a berry flavoured drink pre-mixed with vodka which was delicious. IIRC, they were too ambitious on the variants and the manufacturing processes weren't sufficiently developed to accommodate the range.

Horsey McHorseface said:
Why isn't Hype sold in the UK?
Distribution.

These sort of products are all about the routes to getting them on shelves in the greatest possible quantities. Those routes and indeed the shelves are controlled by a small number of highly influential businesses. CocaCola for example owns something like 20 brands in the UK (such as Oasis, Scheweppes, Powerade, amongst others). Pepsi is distributed in the UK via its own company (Pepsico) that also includes a portfolio of products like Walkers, Tropicana, Quaker, etc.).

When you look at these brands you notice that no product competes with another distributed by the same company - something that the manufacturers control very robustly.

For Hype to make any meaningful sales in the UK it needs to fight for shelf space and what's called 'share of voice' with better funded companies that have far greater clout with both distributors and retailers willing to invest to protect their market position.

Hype's original model was that in building up brand awareness and distribution channels, they'd be acquired by the big boys but that never happened.

Other countries have a more diversified distribution (some might say better regulated too) sector so easier shift product there.

You can get Hype in the UK but usually tucked away on bottom shelves of independent stores where the owner buys stock from a cash and carry.




ajprice

27,483 posts

196 months

Thursday 11th July 2019
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Rich Energy drinks in the Prime Day sale next week? hehe

petop

2,141 posts

166 months

Thursday 11th July 2019
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Whether the bad apple is Storey or not, he has been the public figure of Rich Energy. Even if he goes away the same questions of availability, what it is and the whole setup now swtiches to the now-public figures of these so called shareholders who seem to have found their tongue (well actually figures to type!).
If i was Haas whilst any publicity can be good publicity i would be getting my wet-n-dry out and removing anything to do with the brand off the cars and going down to Primark for a couple of plain polo shirts for this weekend!

silentbrown

8,838 posts

116 months

Thursday 11th July 2019
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petop said:
Whether the bad apple is Storey or not, he has been the public figure of Rich Energy. Even if he goes away the same questions of availability, what it is and the whole setup now swtiches to the now-public figures of these so called shareholders who seem to have found their tongue (well actually figures to type!).
If i was Haas whilst any publicity can be good publicity i would be getting my wet-n-dry out and removing anything to do with the brand off the cars and going down to Primark for a couple of plain polo shirts for this weekend!
That will need Haas to a: Have a "reverse morality" clause in their contract, and b: be prepared to trigger it and fight the inevitable court battle.

https://www.lawinsport.com/topics/articles/commerc...

Usget

5,426 posts

211 months

Thursday 11th July 2019
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Oh and in case we've forgotten in all the shenanigans... they owe Whyte Bikes £35k by the end of today, which (I believe) remains unpaid. If they don't pay up, Whyte can issue a winding-up petition.

ellroy

7,030 posts

225 months

Thursday 11th July 2019
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Gunther(!) put this little doozy out earlier....

https://twitter.com/bantersteiner/status/114926019...

Vaud

50,503 posts

155 months

Thursday 11th July 2019
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ellroy said:
Gunther(!) put this little doozy out earlier....

https://twitter.com/bantersteiner/status/114926019...
Approved parody account. wink

Arklight

891 posts

189 months

Thursday 11th July 2019
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Have you seen the new logo they have registered?

https://trademarks.ipo.gov.uk/ipo-tmcase/page/Resu...

Still clearly taking the piss a bit i think smile

skwdenyer

16,499 posts

240 months

Thursday 11th July 2019
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Usget said:
Oh and in case we've forgotten in all the shenanigans... they owe Whyte Bikes £35k by the end of today, which (I believe) remains unpaid. If they don't pay up, Whyte can issue a winding-up petition.
Would not Whyte first have to issue a Stat Demand first, and then wait 21 days, before then being able to petition for winding-up?

Turn7

23,609 posts

221 months

Thursday 11th July 2019
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George29 said:
This reminds me a lot of Leopard energy drink that sponsored Moto2 and Moto3 teams. Seemed like a big money laundering scam. What ever happened to that?
Leopard still in Moto3....

Go&Fun have gone, along with DrivE that Haydon rode with.

alcad

268 posts

238 months

Thursday 11th July 2019
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WTF is going on at RE?
Latest tweet:

Arklight

891 posts

189 months

Thursday 11th July 2019
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And now twitter appears to be down! So need to reply to that smile

Europa1

10,923 posts

188 months

Thursday 11th July 2019
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If that's not a hack, then I'm going big on shares in manufacturers of metal foil products.

Arklight

891 posts

189 months

Thursday 11th July 2019
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No tin foil needed, its him.

https://jalopnik.com/f1-sponsor-rich-energy-now-bl...

He must know now that all he has is a toxic brand that know one will touch with a barge pole now.

Teppic

7,354 posts

257 months

Thursday 11th July 2019
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alcad said:
WTF is going on at RE?
Latest tweet:
That has GOT to be a parody account. If is isn't, and it's the real deal, then I think that William Storey has some mental health issues.

Swampy1982

3,305 posts

111 months

Thursday 11th July 2019
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Is twitter down or is the RE account blank of tweets?