Thanks, Ben Nussbaum, for tapping me to report on one of the most important topics in bev-alc: the dominance of the woman consumer and her power as a c-store shopper.
Find the story in the August issue of NACS Magazine!
Beer sales were at an all time low in 2023 as consumers are shifting behaviors. Some of those behaviors are due missteps in comms by the brands who have left the safe harbor of staying focused on their target consumers.
At the same time consumers are experiencing unprecedented choice.
Brands have to give a clear reason for being chosen. Wine, beer, spirits; consumers need a roadmap to your brand but it can’t be that the brand caters to everyone. It’s the oldest message in brand development but the one most often forgotten by marketing teams chasing shiny objects.
Choose your demographic target carefully and CARE for that relationship with consistency and presence. Too many directions will lose your core customer faster today than in any other time in history.
Stay focused and consistent for the win.
#wine#beer#spirits#wineandspirits#winebusiness#marketing#branddevelopment
Executive Editor At Yahoo Finance. Host of the 'Opening Bid' Podcast.
🏈 Super Bowl LVIII is big beer’s prime-time opportunity to finally throw a touchdown to investors.
Up until this Sunday's marquee matchup in Las Vegas, the beer industry has largely been on defense the past two years.
🍺 U.S. beer shipments fell to a 25-year low in 2023, according to new data out of BofA Securities, as politically and culturally-driven boycotts and consumer tastes shifting to hard seltzers and liquor have pressured industry sales.
In the past two years alone, beer shipments have tanked 9% to 196 million barrels. 🍻
More deets from Yahoo Finance's Seana Smith. ⬇ https://lnkd.in/eW6jffwJ
Chief of Growth and Marketing and Strategy
• Beer Market Analyst • Beerconomy CEO •
Thought Catalyst • Advisor • Sherpa • Speaker •
sharing beer market trends, data and forecasts,
insights and media via The Beerconomist
No one should be surprised. Yet beer sales
are about to accelerate at warp-speed.
Since we’re in May, the three-day weekend
known for the Monaco Grand Prix,
the Indianapolis 500 🏁,
the Coca-Cola 600 NASCAR Race,
and Memorial Day 🇺🇸 Weekend
— the unofficial kickoff to Summer
near month’s end —
you’ll start seeing TONS of Ads and promos
around the 10th of May.
I can’t wait🍻!
If you missed this post yesterday,
I thought I’d share it again
as we head into the weekend …
Since Craft Beer is only 13.3%
of the U.S. beer market
according to the Brewers Association,
with Import’s share at 23.2%,
other Domestic beer is 63.6% share
— and the math reported in the article below
really doesn’t matter.
But let’s not quibble.
The floodgates are about to open.
There’s going to be a boatload of beer
sold and gulped between the last weekend
of May and Labor Day weekend
and the best Craft Beer can hope for
is about 10% share.
Yet these are percentages
— volumes will actually grow substantially.
And that’s a great thing.
As I don’t pay my bills in percentages.
“The best beers are ones we drink with friends.”
— Stephen Carter King
Source: Brewbound#Beer#DomesticBeer#ImportBeer#CraftBeer#ConsumerBehavior#BrandAwareness
Slàinte☘️!
✦✦✦
Stephen Carter King
Chief of Growth and Marketing and Strategy
Beer Market Analyst + CEO of Beerconomy
Beerconomist and Thought Leader Catalyst
delivering market trends, insights, data and forecasts
Publisher: The Beerconomist
Since 2017, Bill Shufelt (CEO, Athletic Brewing Co.) went from hedge fund trader to the CEO of the leading producer of non-alcoholic craft beer. Unlike my typical tech-focused chats this one centers around a product I personally love. In the conversation, Bill tells stories of the unscalable but crucial strategies he used to build a brand, push past rejection, and redefine the non-alcoholic beer industry.
→ The unscalable activities that made Athletic a household name
Athletic Brewing’s brand was built on unscalable activities, like handing out samples at races. Now, Bill often runs into high LTV customers at races he hasn’t attended in years when they say things like, “I met you in 2018 and my fridge has been full of your beer ever since.” While each sampling felt minor in the moment, Athletic has now activated thousands of events, and the long-term impacts accumulate.
→ How rejection helped Athletic build a competitive advantage
Facing initial rejections from every contract brewer in the US, Bill took a bold step in building their own brewery. In hindsight, it allowed them unparalleled control over every aspect of production, from ingredient quality to rigorous testing of each batch. By handling everything in-house, Athletic also gains the flexibility to innovate and respond to market demands quickly—benefits that would have been unattainable had they relied on external partners.
→ Bill’s genius sales tactic
Bill personally signed 300 deals with retail stores using clever tactics. Before pitching a buyer at a store, Bill would recruit a random grocery store shopper to pretend that they were super interested in the beer while Bill was pitching the deal. This approach helped break initial skepticism and build early buzz around their offerings, which helped Athletic secured shelf space and propel forward.
For more stories and lessons from Bill, check out the full episode at:
https://lnkd.in/gJjHJz_w
To no one’s surprise, on-premise beer sales got a boost on Sunday, February 11 during the biggest football game of the year. But this year’s game day sales were not all about the beer commercials and the Clydesdales.
We dove into Union’s guest ordering data to uncover which brands performed best on-premise on Sunday’s big game. Click the link below for more.
#onpremise#beerindustry#datainsightshttps://lnkd.in/eZFPTJBb
Vice President Operations @ SWLA Veterans Association | United States Marine Corps Veteran | Category Manager | IT Assistant | Non-profit management | Administrative Assistant
Company acquisitions can be seen as opportunities for growth, innovation, and expansion. They allow companies to reach new markets, acquire talented teams, and access valuable resources, ultimately paving the way for greater success and impact. Each acquisition represents a milestone in the company's journey, demonstrating resilience, vision, and the willingness to adapt to changing landscapes. Embracing acquisitions with enthusiasm and a forward-thinking mindset can inspire employees, stakeholders, and the broader community, fostering a culture of progress and achievement.
Here we GROW again! Mockler Beverage is thrilled to announce its expansion to Central and SW Louisiana. We are looking forward to meeting with, working with and growing with the wonderful people in these communities. Same great products, brand new name. Cheers to what’s next!
🏈 Super Bowl LVIII is big beer’s prime-time opportunity to finally throw a touchdown to investors.
Up until this Sunday's marquee matchup in Las Vegas, the beer industry has largely been on defense the past two years.
🍺 U.S. beer shipments fell to a 25-year low in 2023, according to new data out of BofA Securities, as politically and culturally-driven boycotts and consumer tastes shifting to hard seltzers and liquor have pressured industry sales.
In the past two years alone, beer shipments have tanked 9% to 196 million barrels. 🍻
More deets from Yahoo Finance's Seana Smith. ⬇ https://lnkd.in/eW6jffwJ
🚀 I am so happy to dive into week 5 with a great number of new breweries on the Brewing Trade platform
⁉️ What all this breweries have in common ?
⚡️ they value flexibility
🌱 they want to reduce waste
🤑 they are happy to save 25% on their hops costs
😎 if you are a brewer like me and you have in common the same things, join us on this amazing journey
🔗 Link in the first comment
📣 We closed week four of Brewing Trade by attending SIBA, The Society of Independent Brewers Beer X in Liverpool
The brewers we met are now aware of the following:
✅ Brewing Trade is the key to unlocking a 25% reduction in hops costs
✅Brewing Trade improves your cash flow
✅ Flexibility is vital in the current economy and it's achievable by signing up on the platform (🔗 Link in the first comment)
🙏 We are brewers who love to discuss solutions with other brewers and we are once again amazed at how well-received Brewing Trade has been. Thank you for joining us on this journey towards bringing a positive change to the industry.
I'm thrilled to share our latest video: "The Future of Craft Beer: Predicting the Next Big Styles After IPAs." This comprehensive exploration offers a unique perspective on the evolving craft beer industry, perfect for both enthusiasts and professionals in the brewing world with the Brewers Association's Competition Director Chris Williams
🔍 In this video, you'll discover:
The current trends and future predictions in craft beer, especially post-IPA dominance.
Insights from major beer competitions like the Great American Beer Festival and World Beer Cup.
The growing popularity of styles like light lagers and what this could mean for the industry.
Expert opinions and predictions on the next big beer styles.
Whether you're in the brewing industry, a craft beer aficionado, or looking to stay ahead of market trends, this video is packed with valuable information.
📺 Watch here: https://lnkd.in/gr9wnN5r
Feel free to share your thoughts and insights in the comments. Let's discuss what the future holds for the craft beer industry!
#CraftBeer#BrewingIndustry#BeerTrends#MarketInsights#CraftBeerCommunity
Seeing the Panthers claim the Stanley for the first time was electric! 2-1 in game 7 had us on the edge of the couch.