Craft Beer News (10/13/23) – Return of the Core Brands

0:38: ! Intro
5:29: 🍺 Craft beer is still here and will always be here
10:26: 🍻 Discussing the different definitions of success in the brewery industry.
15:16: 🍺 Current state of brewery distribution and the need for more small distributors.
20:37: 🍺 The impact of weight loss drugs on the craft beer industry and the reaction to Walmart releasing data on the topic.
25:43: 🛒 Retailers like Target use data analytics to track customer behavior and make predictions.
31:13: ! Sitting in a special section at sporting events, regardless of the type of beer served.
41:45: 🍺 Experience with a limited beer selection at a festival and the success of a consulting company in the beer industry.
47:33: 🍺 Should bigger breweries focus on their core brands or invest in new ones?
52:13: 🍺 Discussing brand loyalty

CRAFT BEER PODCAST NEWS EPISODE!
The hosts talk about what success is in the craft beer world, if there is ever a time to turn down a free beer, and what modern medicine can tell us about future craft beer purchases.

Ken's Article - Bump Williams Consulting: Manufacturers Focus on New Shoppers to Drive Growth, While Retailers Ask for Focus on Core Brands - https://www.brewbound.com/news/bump-williams-consulting-manufacturers-focus-on-new-shoppers-to-drive-growth-while-retailers-ask-for-focus-on-core-brands
Tito's Article - Mystery Phillies fan buys two rounds of beer for people in Section 103 - https://6abc.com/philadelphia-phillies-mystery-fan-section-103-free-drinks-wild-card-series/13867960/
Wendy's Article - Fast-food outlets ‘are going to be hurt’ in areas where Ozempic and Wegovy are heavily used, but the selloff in candy and beer stocks is ‘somewhat overdone’ - https://fortune.com/2023/10/06/ozempic-selloff-in-candy-and-beer-stocks-over-overdone/
Dan's Article - Jim Koch: The Craft Industry Today is ‘What Success Looks Like’ - https://www.brewbound.com/news/jim-koch-the-craft-industry-today-is-what-success-looks-like

Sponsors:
North Center Brewing - https://northcenterbrewing.com/
Zetouna Liquor - https://www.facebook.com/Zetouna-Liquor-Fine-Wine-Cigars-146021445420374/

Join The Michigan Beer Discord - https://discord.gg/vEEDyzwdjT

Download the MI Beer Map - http://www.mibeermap.com

Subscribe to Better on Draft - https://plnk.to/BOD
Spotify - https://open.spotify.com/show/6AlzP1BH0iykayF856bGRc?si=xXZzdd3CTPqgUq_KYTnBKg
iTunes - https://podcasts.apple.com/us/podcast/better-on-draft-a-craft-beer-podcast/id1091124740

Facebook - https://www.facebook.com/betterondraft
Untappd - https://www.untappd.com/user/betterondraft
YouTube - https://www.youtube.com/c/betterondraft
Instagram - https://www.instagram.com/betterondraft
Twitter - https://www.twitter.com/betterondraft