America’s Favorite Beers…By Sales
on 07/05/12 at 7:50 pmBeer
It may be about time Budweiser relinquished its title as “King of Beers.” According to the recently released 2012 Harris Poll EquiTrend Rankings, there is a new batch of brews with stronger brand equity, customer connections and buzz. 24/7 Wall St. has examined the report, identifying the 10 beers with the strongest brands.
The beer brands with the greatest strength — a measure of familiarity, quality, purchase consideration, trust and the ability to generate buzz — are largely more expensive brews. Nine of the 10 are among the most expensive beers out of the country’s 20 best-selling beers. The beer that is not one of the most expensive, Yuengling, is not far behind in price.
American consumers also are spending more on these beers. Dollar sales of every beer on the list has increased from one year prior. Yuengling, Blue Moon and Modelo Especial have had the largest increases among all popular beer brands. Meanwhile, many other brands, including Budweiser by Anheuser-Busch InBev (NYSE: BUD), Keystone Light and Natural Light, experienced decreases over this same period. Sales of Bud Light Lime dropped nearly 7% over this period.