Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In April, Anheuser Busch ( makers of the market leading Bud Light ) introduced a Marketing Campaign featuring a Transgender Activist. Immediately the brand loyal

In April, Anheuser Busch (makers of the market leading Bud Light) introduced a Marketing Campaign featuring a Transgender Activist. Immediately the brand loyal users, consumers and Influencers rebelled against the brand management. Sales instantly shrunk in all sales channels. It also suffered a reflex US$20B + decline in share value. Today sales continue to reduce, by up to 30%. In an interview about the new IMC Bud Light programme, the V.P. of Marketing stated she wanted to arrest the long term decline in sales by altering the current target market. She said, the current target needed to become more inclusive and less fratty when they use the brand and should become more interested in changing their lifestyle to reflect a new position for themselves. Using a Target Segment marketing perspective, what is wrong with this approach with regard to Anheusers communication, existing users, segment analysis and their approach to new sales.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Information Technology

Authors: Carol Brown, Daniel DeHayes, Jeffrey Hoffer, Wainright Marti

7th Edition

132146320, 978-0132146326

More Books

Students also viewed these General Management questions

Question

1.Which are projected Teaching aids in advance learning system?

Answered: 1 week ago

Question

What are the classifications of Bank?

Answered: 1 week ago

Question

=+Do you need to use a buffer? Why or why not?

Answered: 1 week ago