While I don’t normally get my news from AOL (although to be fair it was on the NASDAQ website), this short video “Presented by: The Aol. On Network,” has some interesting factoids contained within it, and begins with the standard line. “Beer is not selling the way it used to. U.S. sales of the beverage declined in four of the past five years. Between 2007 and 2012, beer sales fell by 2.3%, or more than 4.8 million barrels.” More interesting was that sales of the top nine brands have “declined by more than 25% over the past five years,” and that’s according to Beer Marketer’s Insights.
Wait, did he say “Mish”-elob? That’s pretty good evidence right there of the overall thesis, isn’t it?