Jul 18, 2024, 7:24 AM
Jul 18, 2024, 7:24 AM

Bud Light's Sales Recovery Amid Controversy

Provocative
Highlights
  • Bud Light has reportedly fallen to third place in the market following a backlash from a partnership with influencer Dylan Mulvaney.
  • The controversy surrounding the partnership sparked significant boycotts of the beer brand.
  • Despite efforts to recover, Bud Light has yet to regain its former standing among consumers.
Story

In the latest sales data, Modelo Especial has emerged as a strong competitor in the U.S. beer market, accounting for 9.3% of dollar sales, while Michelob Ultra follows with 7.1%. Bud Light, once the top-selling beer, has seen its market share decline significantly since April 2023 due to a backlash following its partnership with transgender influencer Dylan Mulvaney. Despite this, Bud Light remains the number one beer in terms of volume sold, with signs of recovery noted in recent weeks. The controversy began when Bud Light sent custom cans to Mulvaney to celebrate "365 days of girlhood," which ignited a boycott led by conservative influencers and celebrities. This backlash was exacerbated by comments from the brand's former marketing vice president, who aimed to modernize Bud Light's image. As a result, the brand's sales plummeted, leading to a significant loss of market share to competitors like Modelo. Anheuser-Busch InBev has since focused on rehabilitating Bud Light's image, emphasizing its commitment to brewing quality beer and engaging with sports fans through partnerships with major leagues and events. The company reports that Bud Light's sales declines have improved, and retailer support is gradually increasing. As the beer market evolves, Michelob Ultra and Busch Light are gaining traction, showcasing the effectiveness of Anheuser-Busch's marketing strategies. The company remains dedicated to reclaiming Bud Light's position in the competitive landscape of American beer sales.

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