US: Beam Inc abandons Maker's Mark abv change decision
The abv of Maker's Mark will remain at 45% after consumers attacked Beam Inc's proposal
Beam Inc has buckled to consumer power and reversed its decision to reduce the abv of its Maker's Mark Bourbon brand.
The US-based spirits producer saw Bourbon drinkers vent their anger on social media networks last week when it announced that rising demand would result in it lowering Maker's Mark's abv from 45% to 42%. The move was widely attacked with many consumers taking to Twitter to attack the decision.
However, earlier today (17 February), Beam posted a message on the Maker's Mark Facebook page, in which it said it would not alter the abv of Maker's Mark.
“We’re humbled by your overwhelming response and passion for Maker’s Mark,” said the note, signed by the COO and chairman of the Maker's Mark division. “While we thought we were doing what’s right, this is your brand – and you told us in large numbers to change our decision.
“We’re sincerely sorry we let you down.”
When asked about what the move would mean for the price point of Maker's Mark going forward, a spokesperson for Beam Inc told just-drinks: "Today, we’re focused on the transition to returning to 90 proof and not on pricing strategies."
Sales volumes of Maker's Mark have risen by 30% since 2010, with around 1m cases being sold in 2012.
Changing demographics, growing economies, increased disposable income and the rise in international and business travel have all contributed to the burgeoning travel retail sector....
Over the last 10 years RTD's as a category may not have grown at anywhere near the level it did between 1998 and 2003 but it has, nevertheless enjoyed steady global growth. This reality flies in the f...
- Spirits - Where does 'Craft' End and 'Mass' Begin?
- Brewers go Crazy over Flavoured Malt “Cocktails”
- Mike’s Hard Lemonade Could Be a Hard Sell
- just The Preview - Anheuser-Busch InBev's Q4 & FY
- Focus - Suntory Holdings' FY Performance
- Diageo "smart bottle" targets consumers at home
- Suntory whiskey seeks to "eclipse" Diageo, Pernod
- Tesco reinstates Dan Jago following suspension
- Diageo adds Dubai to Johnnie Walker skyline series
- Asahi Beverages CEO to step down - report
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends research
- Wine, 2014 and the future
- Spirits and RTDs, 2014 and the future
- Global RTD/RTS insights - market forecasts, product innovation and consumer trends research
- Beam Suntory Inc. - Strategy and SWOT Report