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Bud Light puts emphasis on sports, concerts to curb sales woes

Anheuser-Busch InBev said that it will โ€œconcentrate its marketing on sporting and music eventsโ€ as it tries to โ€œreverse falling sales of its flagship beer Bud Light in the face of conservative backlash in the U.S.,โ€ according to Stefan Sykes of CNBC.com. Bud Light sales โ€œstarted falling in April after a conservative boycott of the brewerโ€™s partnership with transgender influencer Dylan Mulvaney.

โ€ Bud Light sales are โ€œstill lagging,โ€ but A-B InBev is now trying to โ€œturn around the brandโ€™s fortunes by marketing Bud Light through platforms it considers uncontroversial.โ€ A-B InBev CEO Michel Doukeris said that the company moving forward โ€œplans to promote Bud Light at events like football games and concerts.โ€

He added that the company has โ€œchanged its marketing structure, and that he intends to steer” Bud Light “away from contentious debates.โ€ Sykes noted Bud Light is โ€œfocusing on outlets such as the NFL, college football, the country music festival Stagecoach and Folds of Honor.โ€ The brand recently โ€œagain became the official beer sponsorโ€ for the UFC

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