10/08/2026
In 2023 Bud Light sent a can to a trans influencer Dylan Mulvaney.
Sales fell around 30%. It lost the top-selling beer spot it had held for twenty years. Parent company AB InBev reportedly lost $27B in market value.
Beer is a label its drinkers wear. The audience didn't see it coming and read it as a sudden values shift. Remember, you might not be the audience.
Full piece: https://www.circul8.com.au/blog/why-campaigns-fail-its-almost-always-predictable