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Smarter than the average bear |
There is no question that the trannie sponsorship was an epically bad marketing move. And they certainly could have handled the aftermath better. But I really believe that this represents a failure in supervision by leadership, not a core value of ABInBev. And while the Bud Light brand has been significantly damaged and sales substantially lowered, it certainly is not "dead". They are still making a metric shit ton of money. I don't know how long it will take for sales to recover or if they ever will. But I don't think people will hold it against them forever (although some certainly will). In time, a significant portion of their customers won't even be aware of the trannie incident. | |||
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Member |
One thing's for sure, that idiotic former marketing exec for Bud Light would never have signed this deal with UFC. | |||
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Lawyers, Guns and Money |
You're right: it's not "dead"... but I don't think it will ever be #1 again. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Tinker Sailor Soldier Pie |
Yeah, I disagree. The Bud Light brand is indeed dead. Transheuser-Busch itself isn't dead, but Bud Light is not recovering. ~Alan Acta Non Verba NRA Life Member (Patron) God, Family, Guns, Country Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan | |||
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Lawyers, Guns and Money |
Well, it may not recover... but 9% is still a huge market share. There are a lot of brands that would be happy with that! Pistacchi and Beltran-Segarra’s bullish thesis broadly rested on their expectation for profit margins to expand across Anheuser-Busch’s portfolio, which includes Michelob and Stella Artois, rendering its comparatively low price-to-earnings ratio unjustified. Nonetheless, the bank expects Anehuser-Busch volumes to decrease 12% this year and a further 3% in 2024 due mostly to a forecasted 22% drop in Bud Light sales this year and a 7% decline in 2024. Bank of America accordingly named the potential of “longer term volume/profit impact from Bud Light consumer backlash” as the second most pressing overhang for Anheuser-Busch, trailing only concerns about increased competition. Big Number 8.9%. That was Bud Light’s U.S. market share as of the week ending September 9, according to Bernstein data, a roughly 25% haircut from its 12% share before this spring’s ado. https://www.forbes.com/sites/d...ash/?sh=20eb8a29511a "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Legalize the Constitution |
Money doesn’t talk, it screams. - Bob Dylan _______________________________________________________ despite them | |||
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Back, and to the left |
I fully believe this is true. The best they could ever hope for is that this market freefall will stabilize with them in a similar market position with say, the Lone Star, Pearl, Schaefers type brands. And that is if they are willing to sell at those segment prices and be one of the cheapest beers available. I think they will pull the name and rebrand before they accept that as a new normal. But that's where that shit is goin'. | |||
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quarter MOA visionary |
I guess everyone has their price UFC? https://www.anheuser-busch.com...ultiyear-partnership (in addition to ^^^ post above) | |||
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The wicked flee when no man pursueth |
I was at a large conference (16,000 plus attendance) in the Gaslamp in San Diego last week. I was out and about for four days at bars and restaurants, including Monday Nigh Football. There were a couple events where there was free beer available from local bars/restaurants. Bud Light was an option lots of places, but I noticed lots of people went out of their way not to drink it. I think it is safe to say the brand can now be considered toxic. Proverbs 28:1 | |||
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The wicked flee when no man pursueth |
Walking through the beer aisle tonight. Not Bud Light... Proverbs 28:1 | |||
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My other Sig is a Steyr. |
Lets just hope the UFC fighters aren't too fratty. | |||
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Peace through superior firepower |
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I Am The Walrus |
If Uncle Dana really wants to back this deal, he should let a biological male claiming to be a women fight a biological women. Let biological men compete in the women’s division and win all the belts. _____________ | |||
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Member |
Hahahahahahahaha!!! . | |||
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Peace through superior firepower |
Ha ha The latest clueless, useless marketing idiot to get the boot. Oh, sorry, he's going to "resign". And he won't be replaced. Damn, man, you fucked up the product, the job and the position itself. Anheuser-Busch’s marketing chief to finally exit after Bud Light’s Dylan Mulvaney fiasco "Benoit Garbe"? Don't tell me- Belgian, right? GTFO, interloper. His LinkedIn page has the usual meaningless compound bullshit: "My goal is to inspire and transform businesses, making them more digitally powered, creatively inspired, and purpose driven. I believe that higher purpose and human insights are the new catalysts for business growth, inspiring employees, touching consumers, and building stronger communities." Uh huh. Meaningless blather. Jackass. You left out the part about fucking up your employer's sales figures flatter than hammered shit. ____________________________________________________ "I am your retribution." - Donald Trump, speech at CPAC, March 4, 2023 | |||
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Member |
I would just like to know an honest figure as to just how much this fiasco has really cost AB brewing. | |||
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Member |
Well just today steve crowder’s under cover team same ones that produced the Nashville shooter manifesto. They produced the canceled check to Dylan for 185k. Sounds like the marketing company that teams with influencers and big brands is going sideways and maybe a disgruntled person who’s about to be or was laid off leaked it. Reportedly money in this range is evidence of a full blown campaign and it blew up dramatically in their faces. Then the cover up “it was a one off can gift” was all BS. | |||
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Member |
It pleases me to no end to see Bud Light continue to suffer humiliation and financial failure as fallout from this fiasco. It's one of the biggest culture war wins for the "normals" in years. | |||
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Member |
Someday there will be a real in-depth expose on how all this came about, what the real plan was before it blew up and then all the shenanigans in trying to control/repair it. It will be fascinating. It will definitely be a college course in the future, but there's still a ton we don't know. | |||
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Dances with Wiener Dogs |
I'd bet that wasn't the only check. No way that kind of cash got green lit by some "lower level manager". Bud Light-in-the-Loafers should just fess up to their screwup and take their lumps. _______________________ “The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” Ayn Rand “If we relinquish our rights because of fear, what is it exactly, then, we are fighting for?” Sen. Rand Paul | |||
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