| ▲ | atourgates 2 hours ago | |||||||
They really have tried. They don't have the type of insane cashflow that RedBull does to sponsor tons of athletes and weird events, but their video contests are kind of a big deal in the action sports community. AKA, their Line of the Winter[1] competition for skiing, or their Best Line conest for MTB[2] that they used to run. And they're the title sponsor for the GoPro Mountain Games[3]. They're still THE action sports cameara carried in a lot of outdoor equipment stores, but the Insta360 has really dominated social media recently, and their products are currently a better value for cost/performance. [1] https://gopro.com/en/us/awards/line-of-the-winter [2] https://www.pinkbike.com/news/enter-the-gopro-of-the-world-b... [3] https://mountaingames.com/ | ||||||||
| ▲ | TravisJamison an hour ago | parent [-] | |||||||
It’s not just the cash flow, it’s the margins. Redbulls gross margins are probably 90%. It’s basically just water, sugar, and caffeine sold for $3. You can do a lot of great promotions if the cost of your product is a rounding error. | ||||||||
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