Connect with us

Hi, what are you looking for?

Business

Budweiser parent is now offering money back to boost Bud Light sales after transgender marketing backlash

Just in time for Memorial Day: cheap beer and, in some cases, practically free.

Bud Light parent company, AB InBev, has launched a promotion offering a rebate of up to $15 to win back customers of the longtime top-selling beer in the U.S.

The web address of the promotion is BudLight.com/BudLightOnUs.

U.S. residents can submit to that link proof of purchase of a 15-pack – or larger – of Budweiser, Bud Light, Bud Select or Bud Select 55 to receive a prepaid card worth up to $15. Customers will have until May 31 to make the purchase, and up to six months to use the card.

The promotion follows the ongoing backlash to Bud Light’s decision to tap transgender influencer Dylan Mulvaney as a spokesperson during March Madness. Many customers also responded negatively to comments made by Alissa Heinerscheid, who took over as vice president of marketing for Bud Light last June, on a recent podcast. Among other things, she called on the brand to be more ‘inclusive.’

AB InBev did not immediately respond to a request for comment.

According to data cited by Beer Business Daily, Bud Light sales continued to fall through the week ending May 13, as negative sentiment toward the drink continued to build.

AB InBev shares are now down 5% year-to-date and nearly 14% since the Mulvaney clip went online.

This post appeared first on NBC NEWS

    You May Also Like

    Politics

    When George Santos mentioned his family during his congressional campaign, the New York Republican often reflected on the work ethic and strength of his...

    Business

    Two of Sam Bankman-Fried’s top business partners — a co-founder of the cryptocurrency exchange FTX and the former CEO of the hedge fund Alameda...

    Sports

    Kicker Alejandro Mata is following former Tigers coach Deion Sanders to Colorado. ‘Thankful to be committed and signed to the University of Colorado,’ Marta wrote on...

    Stocks

    SPX Monitoring Purposes: Sold long SPX 1/27/23 at 4070.56 = Gain 6.51%; Long on 12/20/22 at 3821.62. The top window is the cumulative GDX...

    Disclaimer: SecretCharts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 SecretCharts.com | All Rights Reserved