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Started By
Message
re: After 20 yrs as the #1 selling beer in America, Bud Light has now fallen out of the top 10
Posted on 7/9/23 at 8:44 am to jdd48
Posted on 7/9/23 at 8:44 am to jdd48
quote:
“As the first woman to lead the biggest beer brand in the world, it’s an amazing opportunity to really evolve and elevate Bud Light, this brand I love,” says Heinerscheid.
I think this is actually a big issue with modern corporate America. This overarching desire to “evolve” causes an inability to see and appreciate that the status quo will often be better than any number of possible alternatives.
If you have a particular product brand that is an industry leader in sales, why would “evolving” it ever be anywhere close to the top of your priority list?
1
Posted on 7/9/23 at 8:56 am to SeeeeK
I haven’t been to chick fil a since the founder’s son was on stage shining a black dude’s shoes.
Posted on 7/9/23 at 9:10 am to RoscoeSanCarlos
Is Mockler beverage closing its doors
Posted on 7/9/23 at 9:21 am to Darth_Vader
They’ll just focus on a new market segment: KIDS
Posted on 7/9/23 at 9:24 am to Rebel
quote:naaa ain't that froggy nor savvy to know but after this quarter earnings if it doesn't drop past $50, don't think it ever will.
put it all on AbInbev the day before Q3 earnings are announced if you're feeling so froggy.
Posted on 7/9/23 at 9:32 am to Y.A. Tittle
quote:
I think this is actually a big issue with modern corporate America. This overarching desire to “evolve” causes an inability to see and appreciate that the status quo will often be better than any number of possible alternatives.
Putting activists in big boy jobs.
Posted on 7/9/23 at 9:36 am to lsusteve1
quote:Misspelled “was”.
Sad because Budweiser is the epitome of America
Posted on 7/9/23 at 9:44 am to Hangit
quote:
I just looked and Blackrock is not a big institutional investor in AB.
Blackrock is mainly an index fund manager. They do not decide which stocks to hold and how much to hold. They only hold what is listed in an index like the S&P 500, or MSCI EAFE.
Posted on 7/9/23 at 7:42 pm to VictoryHill
quote:
Trying to get my dad off Budweiser but he's 58 and has been drinking it for 40 years. He tried Yuengling and wasn't a fan.
What does his boyfriend drink?
Posted on 7/9/23 at 7:43 pm to nicholastiger
Hard to say… but it could.
Posted on 7/9/23 at 8:17 pm to Ross
To think they went from bud bowls to this. Their marketing was head and shoulders above everyone for years.
Real men of genius
Clydesdales (bud i know but still)
Always had the best superbowl commercials
Sad
Real men of genius
Clydesdales (bud i know but still)
Always had the best superbowl commercials
Sad
This post was edited on 7/9/23 at 8:18 pm
Posted on 7/11/23 at 7:12 am to HueyLongJr
quote:
Blackrock is mainly an index fund manager. They do not decide which stocks to hold and how much to hold. They only hold what is listed in an index like the S&P 500, or MSCI EAFE.
Whatever way they decide, they own 6.65% of Disney's stock. Them and Vanguard own enough to tell the Disney CEO's to attack a governor, put gay stuff in all of their kid shows and cause the stock to tank.
If they tell Bob Iger to dance like a monkey, he will get his little hat and find the organ grinder.
Posted on 7/11/23 at 7:20 am to gillian
quote:
Is Anheiser Busch going to replace the American market with the African market, where intolerance for LGBTQ issues is substantially stronger than it is in the United States? Maybe there are other markets to tap into, but losing such a large share of the American market will hurt.
Not to mention, African beer brands are actually pretty damn good. Windhoek Lager is better than anything you can get mass-produced in the US, and is brewed to German purity standards.
Even Castle Lager, which is the African Budweiser, is pretty good.
There's no real market for an international beer in Africa. Market is saturated, and tastes are set.
Posted on 7/11/23 at 7:28 am to laxtonto
quote:
would love to see how this is impacting sales at MLB parks and what that does as a trickle down effect to football stadiums in the Fall. With the move to allow alcohol sales in college stadiums, I guarantee a ton of Athletic departments are thinking about how to he avoid a major loss of what we were expecting as a new growing revenue stream by getting mixed up in the Bud Light mess…
Anecdote is anecdotal, but I was at Wrigley back in April, with a coworker from Long Island and another from Boston. We're getting beers (Goose Islands, IIRC), and the two Chicago natives in front of us are getting Old Styles. One guy outright says, "I can't believe I'm drinking my grandfather's beer, but I can't buy Bud Light anymore."
The taps for Old Style and the local stuff were running rampant. Didn't see anyone in the beer line get a Bud Light. shite used to be synonymous wi5h baseball and summertime, to your point.
Posted on 7/11/23 at 8:05 am to REB BEER
Frick Shilling distributing for using veterans as human shields so they can make a buck.
Posted on 7/11/23 at 8:35 am to Darth_Vader
frick them and their stupid marketing decisions. Know your customer base. Don't insult them.
Posted on 7/11/23 at 8:44 am to REB BEER
ahhh the old Look at me I'm a Veteran shite... I'm a veteran, and proud of it. Quit using your Veteran status to try and sell shite!! Sickening.
Posted on 7/11/23 at 9:04 am to dukke v
quote:
This damage is permanent .
As long as baws are embarrassed to drink it in front of other baws there will be no return for Bud Light.
This post was edited on 7/11/23 at 10:11 am
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