Since the above column was published:
- Bud Light lost $ 5 BILLION in value.
- The CEO admitted he knew nothing of what the marketing department was releasing. (Another clueless "leader")
- It became clear that the marketing department knew nothing about marketing, specifically KNOW YOUR AUDIENCE!
- The marketing "genius" behind the campaign was "replaced," and so was her boss!
- Bud Light has pledged to spend a ton of money in advertisements to recoup their brand.
It doesn't take my being an MBA professor to know this is a dysfunctional organization! What do you think?
“My Favorite Story To Tell Is Yours.” President, Lamour Strategy Group - A Revenue Marketing Strategies Consultancy Videographer, Editor & Producer, LamourLife Productions
1yRIP, Bud Light.
BioConversion Solutions
1yNope. Consider Belgian Beer as an option where one is unlikely to find Hollywood rabble, MSM tools, or the Dylan Mulvaney junta.
Executive Vice President & Creative Director at TC Fabrication
1ySays a lot about the direction of the company, if the CEO didn’t know what was being done in their marketing department. Worked out great for Dylan, not so great for Bud. While Dylan smiles all the way to the bank, Bud’s reputation is shattered in the eyes of at least 50 percent of it’s customers. Arrogance, and stupidity is not a good mix for business.