Business News

Anheuser-Busch CEO Blames Bud Light Boycott on ‘Misinformation’

Anheuser-Busch CEO Blames Bud Light Boycott on ‘Misinformation’

By: Jack Phillips

The chief executive of Anheuser-Busch blamed what he called “misinformation” for the backlash against Bud Light in a Monday interview following the company’s partnership with transgender activist Dylan Mulvaney.

“People often talk about this topic in social media like noise,” chief executive Michel Doukeris told the Financial Times in the interview. “You have one fact and every person puts an opinion behind the fact. And then the opinions start to be replicated fast on each and every comment. By the time that 10 or 20 people put a comment out there, the reality is no longer what the fact is, but is more [about] what the comments were.”

Doukeris further stated that there was “misinformation and confusion” that circulated online that included a Bud Light can with Mulvaney’s likeness on it. Again distancing Bud Light from Mulvaney, he said that it was “never intended to make it for general production and sale for the public.”

Elaborating, the CEO said that people believed it was a campaign. “It was not: it was one post. It was not an advertisement,” he said.

However, in a video posted on TikTok in early April, Mulvaney could be seen drinking a Bud Light beer with the hashtag #budlightpartner, suggesting that there was in fact a partnership.

The CEO also said that there were viral videos of billboards with images of the Bud Light can allegedly inserted “electronically” and “10 million people [were] watching it and commenting … that had nothing to do with Bud Light, it was just like pure social media creation.”

His comments come after reports show that sales of Bud Light have sharply declined in recent weeks amid the backlash, coming after conservative influencers and several country music singers suggested consumers not purchase the light beer over the Mulvaney post. Some industry analysts publicly questioned why Bud Light would partner with Mulvaney, saying the firm was making a major business mistake by wading into the hot-button debate about transgender individuals.

Sales of the product dropped 26 percent year-over-year in the week ending April 22, according to Bump Williams Consulting based on Nielsen IQ data. Meanwhile, sales of rival beers Coors Light and Miller Light both saw their sales rise by about 10 percent each, according to the data.

During an earnings call last week, Doukeris said that Anheuser-Busch would triple its investment into Bud Light over the summer, and the company would provide “direct financial support” to what he described as impacted front-line workers such as truck drivers and distributors. The slide in Bud Light sales, he added, represents about 1 percent of the brewing giant’s global volumes.

“We believe we have the experience, the resources and the partners to manage this. And our four-year growth outlook is unchanged,” Doukeris said in the call. “We want to reiterate our support for our wholesaler partners and everyone who brings our great beers to the market. I can tell you that we have the agility, resources and people to support the U.S. team and move forward,” he added.

In the midst of the backlash, two Bud Light executives—Alissa Heinerscheid and Daniel Blake—took a leave of absence, the company said. “Given the circumstances, Alissa has decided to take a leave of absence which we support. Daniel has also decided to take a leave of absence,” the company said last month.

Notably, a video interview featuring Heinerscheid went viral in the wake of the Mulvaney controversy in which Heinerscheid said she wanted Bud Light to distance itself from the “fratty” image it has cultivated to become more “inclusive,” a term that is increasingly used by government agencies, colleges, and corporations that critics say signals an adherence a “woke” agenda.

Will the Boycott Work Long-Term?

Robert Lachky, the former chief creative officer at Anheuser-Busch, told the St. Louis Post-Dispatch in a recent interview that the Bud Light cans was a significant marketing mistake. Corporate executives, he added, appear to be out of touch with the beer’s consumer base.

”The minute you step into the political or religious spectrum, when you know your target audience is going to have a real issue with this, you know you’ve alienated at least half of your target audience,” he said. ”In the end, people don’t like getting preached to, especially when it comes to drinking beer.” Lachky noted: ”None of these marketing folks has ever been to a NASCAR race, none has been to a football game or a rodeo.”

“That’s insanity. That’s marketing incompetence,” he concluded.

But some analysts say that boycotts often do not work in the long-term because it takes a lengthy coordinated effort to place tangible pressure on a company. Jura Liaukonyte, an economics professor at Cornell University, told NPR that left-wing boycotts of companies like Goya after its CEO backed former President Donald Trump, and Spotify—because it continued to host podcaster Joe Rogan—both failed.

“What we found is that the patterns were very similar,” Liaukonyte said. “They followed one news cycle, coming from zero to a maximum again to zero within two to three weeks.”

Doreen Shanahan, a professor of marketing at Pepperdine University, added to the public broadcaster that “eventually the media spotlight will dim, the buzz will fade and alongside it, consumer zeal for the boycott will wane as well.” (TheEpochTimes.com)

 

TJV news

Recent Posts

A new cookbook ties healthy eating to good sleep

(AP) Anyone who has ever suffered in bed after eating three slices of pizza could…

11 hours ago

Here’s what to know about the Oscars on Sunday, from presenters to performers

(AP) After devastating wildfires tore through Los Angeles, the 97th Academy Awards are going forward. Like the Grammys and other…

11 hours ago

Iranian nuclear progress goes much further than uranium

(JNS) As Tehran continues to make alarming progress on its nuclear program, the United States…

11 hours ago

Anti-DOGE protests at Tesla stores target Elon Musk’s bottom line

(AP) — Demonstrators gathered outside Tesla stores across the U.S. Saturday to protest the automaker’s…

11 hours ago

Israel backs new US ceasefire plan, Hamas silent

By World Israel News Staff Israel has formally agreed to a temporary ceasefire proposed by…

11 hours ago

New book reveals Jared and Ivanka refused to defend Trump after he blamed Netanyahu for October 7th

By Vered Weiss, World Israel News Ivanka Trump and Jared Kushner refused to defend Donald…

11 hours ago