🧵 1. Bud Light's popularity plummeted after a marketing controversy, dropping sales by 2.6 points in just one week. #business
🧵 1. Bud Light's popularity plummeted after a marketing controversy, dropping sales by 2.6 points in just one week. #business
🧵 2. The boycott against Bud Light continued in Q2, with sales share falling by 34% compared to last year.
🧵 3. Bud Light's marketing partnership with a transgender influencer on TikTok sparked a massive consumer boycott.
🧵 4. Domestic beer brands like Modelo and Miller Lite are benefiting from Bud Light's downfall.
🧵 5. Miller Lite, Michelob Ultra, and Coors Light are now the top three selling beers at bars and restaurants.
🧵 Read more at: https://www.zerohedge.com/markets/bud-lights-popularity-bars-and-restaurants-almost-non-existent