Bud Light Selling Cheaper than Water!
Bud Light Faces Plummeting Sales: A Brewing Controversy
In a surprising turn of events, Bud Light, America’s former top-selling brew, is now being sold at a price lower than water in certain regions. This sharp decline in sales follows the brand’s ill-fated collaboration with Dylan Mulvaney, resulting in significant financial losses of over $20 billion since April. Bud Light’s sales have plummeted by nearly 50 percent compared to the previous year, painting a grim picture for the once-popular beer.
According to Andy Wagner, manager of Glenn Miller’s Beer & Soda Warehouse in Pennsylvania, Bud Light is now priced lower than some cases of water sold at the store. The dwindling demand cannot be solely attributed to a waning interest in beer consumption among American consumers.
For instance, cases of Miller Lite continue to sell well at $24.99, a stark contrast to the heavily discounted $8.99 price tag on cases of Bud Light. Wagner notes that loyal Bud Light drinkers have begun exploring other beer options, and once they find a suitable replacement, they are unlikely to return.
Within the beer industry, it is widely recognized that venturing into politics or religion is a cardinal sin. As Wagner aptly puts it, “No politics, no religion.” Unfortunately, Bud Light’s decision to align itself with Mulvaney resulted in a controversy that has proven disastrous for the brand. The sales decline has persisted, with the most recent week marking a staggering 30 percent drop – the worst performance since the controversy unfolded.
Bud Light now selling for less than water in some places https://t.co/rbzfEfvorc
— Fox News (@FoxNews) July 3, 2023
The situation for Bud Light appears to be growing even more dire as the July 4th holiday weekend approaches. Apart from the significant number of consumers boycotting the brand due to its association with Mulvaney, members of the LGBTQ community have also distanced themselves from Bud Light.
Many feel the brand failed to support Mulvaney adequately during the backlash. Mulvaney himself expressed disappointment, stating that the brand’s lack of public support allows customers to express transphobic and hateful views freely.
The fallout extends to some gay bars, which have chosen to boycott Bud Light in solidarity with Mulvaney and their community. The brand’s perceived indifference has further fueled the discontent among LGBTQ consumers.
With Bud Light’s sales continuing to nosedive, the brand faces an uphill battle to regain consumer trust and loyalty. Unless it takes swift and meaningful action to rectify the situation, Bud Light may find it challenging to recover its former position as a leading beer choice among American drinkers.