The damage Bud Light Boycott did to Anheuser-Busch and It’s Brutal

[Groogo]

The Bud Light brand has lost a total of 1.4 billion according to a report by CNN. The report goes on to say that the troubles that Anheuser-Busch faced in 2023 are following the brand into 2024.

[Birds]

over leveraged.

reducing customer pool to ease terms.

[76561198356019466]

Score one for ignorance!

[Computer]

don't care, they make money by destroying lives

[❤ Sly Succubus ❤]

Oh no...beer is...loosing profit...?

[Groogo]

The report states that the problem was from Anheuser-Busch teaming it's Bud Light brand with Dylan Mulvaney.

[Birds]

Originally posted by Gamer:

don't care, they make money by destroying lives

bud lights are uneconomical for alcoholics. they're largely only useful for recovering from or maintaining alcoholic adaptation.

[xDDD]

Bud Light will literally never recover from that whole incident and that makes me smile.
Even before this they were already considered a joke of a beer and basically pisswater but this just killed any goodwill that the company still had.

[Triple G]

" Total Revenue

4Q +6.2% FY 7.8%

Revenue increased by 6.2% in 4Q23 with revenue per hl growth of 9.3% and by 7.8% in FY23 with revenue per hl growth of 9.9%. "

[76561198356019466]

Major brands are and have been dropping. All this did was speed up the inevitable, which has nothing to do with spokespersons.

Fact is, American beer sucks, but they've had a stranglehold on the industry for a long time now.

Enter, Micro Breweries. There used to me one or two in a city, now you're finding several on one block. FFS we have one in our town, and we only have 91 people. There are three microbreweries operating in Bush Stadium. I'm serious.

It's better tasting, better made, higher quality beer and it's slowly taking down the big guys.

[Pierce Dalton]

Originally posted by Groogo:

The Bud Light brand has lost a total of 1.4 billion according to a report by CNN. The report goes on to say that the troubles that Anheuser-Busch faced in 2023 are following the brand into 2024.

Well, here's the evidence that America is extremely transphobic.

[Triple G]

"24.6%increase in combined revenues of our global brands, Budweiser, Stella Artois, Corona and Michelob Ultra, outside of their respective home markets in 4Q23, and 18.2% in FY23. "

[Groogo]

Originally posted by tiny E:

(snipped for brevity)Major brands are and have been dropping. All this did was speed up the inevitable, which has nothing to do with spokespersons.

The report states that the boycott was because of Dylan Mulveny which was the direct cause of the market share loss and that report coming from ultra-left CNN likely means that the lose was even greater.

[Ȼħⱥꞥꞥēł8753452]

Originally posted by Groogo:

The Bud Light brand has lost a total of 1.4 billion according to a report by CNN. The report goes on to say that the troubles that Anheuser-Busch faced in 2023 are following the brand into 2024.

It's beer, people shouldn't be drinking alcohol to begin with, it destroys lives.

Jumping ship to another booz product because of a trans individual doesn't make anyone any more respectable.

Kicking an addiction does however

[76561198356019466]

Oh, remember the video Kid Rock made of him blasting cases of Bud Light with his AK-47.
He was so disgusted by the company he ALMOST stopped selling it at his bar. 😆

And remember the big NFL boycott Tr*mp called for?
This year the Super Bowl set the record of the most watched game in history.
It broke the previous record, which was set last year.

[Triple G]

"Ultra left CNN" means they´re owned by the people and make no profits?