Marketplace®

Daily business news and economic stories

This Bud’s for you… and it’s free

As part of a new marketing campaign next week, Budweiser will hand out free brewskis in bars and restaurants nationwide. The company is trying to attract younger drinkers. Mitchell Hartman reports.

Download

TEXT OF STORY

BILL RADKE: As part of a new marketing campaign next week, Budweiser will hand out free brewskis in bars and restaurants nationwide. The company’s trying to attract younger drinkers, who’ve been giving Bud a pass in favor of trendier beers.

Marketplace’s Mitchell Hartman has more.


MITCHELL HARTMAN: Maybe the ad with the sappy music and cute Clydesdale colt isn’t the best way to attract hip young beer-drinkers. Bud sales are down nearly 10 percent. So all next week free Budweiser will flow in trendy pubs and restaurants where young people hang out — and where Bud isn’t usually a top pick.

JOSHUA BERNSTEIN: People in their early 20s, they have so many options right now.

Joshua Bernstein writes the “Beer of the Week” blog at SlashFood.com. He says it’ll be hard for a big brewery to muscle in on the more expensive microbrews that young drinkers like.

BERNSTEIN: People want quality, they’re not going for a six-pack of Budweiser. They’re going for craft beers.

And craft beer sales keep pouring it on — up 7 percent last year, while overall beer sales fell. Bud’s new marketing campaign includes a TV-ad blitz, and free beer for Facebook users on their birthdays.

I’m Mitchell Hartman for Marketplace.

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    17 hours ago
    26:11
  • Make Me Smart
    21 hours ago
    28:43
  • Marketplace Morning Report
    a day ago
    6:58
  • Marketplace Tech
    a day ago
    12:22
  • Million Bazillion
    4 days ago
    5:01
  • This Is Uncomfortable
    25 days ago
    2:27
  • Financially Inclined
    2 months ago
    12:30
  • How We Survive
    2 months ago
    22:09
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58