
US Hispanic Beer Buying U.S. Hispanics have a tremendous amount of buying power: $1.7 trillion, which is higher than the GDP of Canada. The beer industry has realized this potential and is increasingly targeting this market. Bud Light and Mexican beer brand Estrella Jalisco, which was recently introduced into the U.S. by Anheuser-Busch, both released ads this summer appealing to Hispanics. A Nielsen study found that out of every dollar Hispanics spend on alcohol, 44 cents goes to purchasing beer, which is more than Asian Americans (34 cents) or non-Hispanic consumers (39 cents). According to Nielsen, “Hispanics prefer domestic light beers and imported beers, with brands in those segments receiving more than their fair share of Hispanic dollars.” Breweries have picked up on this preference, funding major marketing pushes for Mexican beers like Estrella Jalisco, Dos Equis and Corona. So far, this approach seems to be working, as sales of Mexican brews are currently outperforming the rest of the U.S. beer market. Most Mexican brands looking to launch in the U.S. opt to focus distribution on places with large Hispanic populations such as California and Texas. Given that California and Texas are home to over 25 million U.S. Hispanics (nearly half of the entire U.S. Hispanic population), it makes sense that beer companies would choose to focus their advertising efforts there. IPA Reigns Supreme Again The prevalence of India Pale Ales and other hoppy, bitter beers continue to dominate the craft beer market well into 2018, accounting for more than 25% of all beers sold. This still holds true despite the beginnings of something of a backlash that has been building for a while in some circles. In fact, some of that data from early 2018 suggests that "lighter, crisper" beers are gaining more traction - lagers, ales, and the like. But those styles are almost always still made with hops. So, in searching for new flavors, some beer drinkers are going even further, rejecting hops altogether. ---------- |
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More Athletes To Sell Beer For decades, major sports organizations like the National Football League, Major League Baseball, and the National Basketball Association have all held to a tradition of keeping their actively-playing stars away from the spotlight of alcohol advertisements. But recent agreements between players unions for the NBA and MLB and big beer company Anheuser-Busch InBev are doing away with that separation. As Ad Age reports, the two leagues' players unions have recently struck deals with AB InBev that would allow athletes to use their celebrity to market alcoholic beverages. Currently the NFL which prohibits players from hocking booze altogether. The one caveat to this is the oversight of the Alcohol and Tobacco Tax and Trade Bureau The federal organization is tasked with monitoring and rendering judgments on whether ads violate social responsibility norms, including alluding to the notion that “consumption of the alcoholic beverage will enhance athletic prowess, performance at athletic activities or events, health or conditioning.” |

Lower Beer Prices In Atlanta At most NFL venues, concession prices are sky-high. However, that's not the case in Atlanta. The Falcons had the lowest concession prices in the NFL in 2017, and starting this year, they're actually going to get even lower. The team just announced that it will be cutting an average of 12 percent off the price of its most popular concession items. That Bud Burger that cost you nine dollars last year? It's only going to cost you eight dollars in 2018. The best part of the menu isn't the food prices though, it's the beer prices. After selling 12-ounce domestic beers for just five dollars last season, the team is now going to include a five-dollar craft beer for 2018. The Falcons will also be selling a 20-ounce craft beer for just seven dollars. Basically, for just $20, Falcons fans will be able to drown away all their sorrows if the team does something disastrous. And consider that five dollars for a beer seems like a way better deal than the $35 the NFL was charging for a cocktail at Super Bowl LII. Yes, that's $35! |