Login or Register
Welcome , Settings |  Logout

This Bud's for You — Even With Foreign Owners

Saturday, 04 Jun 2011 01:22 PM

By Tom O'Connell

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
All-American beer brands that foreign companies now own, such as Budweiser, have defied expectations of marketing experts and continued to exploit patriotic emotions and imagery to sell their products, reports Ad Age.

Budweiser, beer, foreign ownersBelgian-Brazilian adult-beverage giant InBev bought Budweiser parent company Anheuser-Busch in 2008 for $52 billion. InBev is now a subsidiary of the rechristened Anheuser-Busch InBev.

“It could be a disaster,” one advertising insider told Ad Age at the time of the merger.

Budweiser, though, has maintained its red, white, and blue color scheme, as well as strong sales. It even issued a limited-time American-flag can during Memorial Day weekend. It also has launched a program to raise funds for veterans that will feature happy-hour specials on Flag Day.

"The average consumer has a short memory," Harry Schuhmacher, editor of Beer Business Daily, told Ad Age. "The fact that Anheuser-Busch was bought by a foreign company was all over the news . . . but then it died down and people went about their business."

Consumers were upset about the merger, with some starting a website to "fight the foreign invasion.” But the furor soon died down, and Americans went back to their beer-swilling ways without much concern about who was producing their suds.

"Consumers drink beer, they don't obsess over who owns what," beer historian Maureen Ogle told Ad Age. "Once the emotion was over, well, life goes on."

© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Portman, Thune Call for More Hearings on IRS Targeting Scandal

Tuesday, 21 May 2013 23:23 PM

Two Republican members of the Senate Finance Committee on Tuesday called for more hearings into the Internal Revenue Ser . . .

Some US Utilities Say They're Under Constant Cyber Attack

Tuesday, 21 May 2013 18:42 PM

Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic l . . .

U.S. Democrats Call for Controls on Tax-exempt Groups at IRS Hearing

Tuesday, 21 May 2013 18:41 PM

As they joined Republicans on Tuesday in bashing the Internal Revenue Service for targeting conservative groups that sou . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved