Anheuser-Busch (Ab) Competitive Marketing Strategies In The Global Beer Market

Through their astute and effective marketing strategies, Anheuser-Busch (AB) has established a commanding presence in the global beer market with over 27% share and dominates the U.S. market with a staggering 40% share (Aswani, 2021), and is now one of the most recognizable trademarks worldwide. AB remains steadfast in maximizing shareholder value through operational efficiencies and its strategic focus is outlined in the 2022 Annual Report and revolves around the following key objectives (AB-inbev. n.d.-a): Increase per barrel profitability while maintaining or improving market share growth to endure long-term earnings; Expanding its international beer operations by leveraging its key brand names and investing strategically in its growth worldwide; Support profit growth in packaging, which drives efficiency and quality that contributes to the company’s image and social responsibility endeavors. AB’s Commitment to these critical objectives benefits the company and its shareholders by promising continued value creation and sustainable growth. Utilizing a balanced approach, AB will continue its success as the market leader.

Authors

Publication Details

Journal
International Journal of Business & Management Studies
Published
2024-12-13
DOI
https://doi.org/10.56734/ijbms.v5n12a2
Primary Topic
Wine Industry and Tourism
Type
article
Field-Weighted Citation Impact
0.00
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article

Anheuser-Busch (Ab) Competitive Marketing Strategies In The Global Beer Market

Etienne Musonera
International Journal of Business & Management Studies
Wine Industry and Tourism
article

Anheuser-Busch (Ab) Competitive Marketing Strategies In The Global Beer Market

Etienne Musonera
article en

Abstract

Through their astute and effective marketing strategies, Anheuser-Busch (AB) has established a commanding presence in the global beer market with over 27% share and dominates the U.S. market with a staggering 40% share (Aswani, 2021), and is now one of the most recognizable trademarks worldwide. AB remains steadfast in maximizing shareholder value through operational efficiencies and its strategic focus is outlined in the 2022 Annual Report and revolves around the following key objectives (AB-inbev. n.d.-a): Increase per barrel profitability while maintaining or improving market share growth to endure long-term earnings; Expanding its international beer operations by leveraging its key brand names and investing strategically in its growth worldwide; Support profit growth in packaging, which drives efficiency and quality that contributes to the company’s image and social responsibility endeavors. AB’s Commitment to these critical objectives benefits the company and its shareholders by promising continued value creation and sustainable growth. Utilizing a balanced approach, AB will continue its success as the market leader.

International Journal of Business & Management StudiesVol. 05(12)
Openalex Percentile: Top 70%
Wine Industry and Tourism
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