| | | | | First Things First | | May 28, 2020 | By Jameson Fleming |
| |
| As the Pandemic Unfolds, Big Alcohol Brands Plan for the Future as Others Fight for Survival | |
| | One study suggests that 7.5 million small businesses in America could close their doors for good because of the pandemic. In the alcohol industry, that's the smaller craft breweries, wineries and distilleries—you know, the ones where you spend a Saturday afternoon because it's the only place you can have a pint named after a local urban legend while also hanging out with your toddler. Those small alcohol producers are struggling far more than large conglomerates like AB-InBev, Molson Coors and Diageo for many reasons: - Big brands have far more space on grocery store shelves.
- Big brands have the resources to develop an ecommerce presence.
- Tap room sales, which are now non-existent represent a far larger chunk of revenue for smaller businesses.
For Adweek Pro Members: This digital feature looks at the state of the alcohol industry, dissecting who is looking to the future and who is just trying to survive, as well as the variety of factors impacting sales. More Members-only content: Publishers Face Costly Digital Advertising Dilemma While Adapting to New Privacy Rules With CCPA looming, publishers face decisions about how to alter their data practices. That means less third-party data, and more first-party data. But without scale, most publishers don't have enough first-party data to avoid taking a hit in advertising revenue. Analysis: In this Adweek Pro article, we examine the paths publishers can take regarding their data choices. Not an Adweek Pro Member yet? Join for $6 for your first six weeks to get unlimited access to all Adweek content, exclusive virtual events and more. | | | |
| |
| |
| |
| |
| |
| |
| |
| Bozoma Saint John on Empowering Diverse Talent | |
| | During yesterday's Adweek Diversity and Inclusion Summit, our live virtual event, the industry's top leaders discussed the lessons, advice and key steps they're taking to power more inclusive practices. Bozoma Saint John, CMO of Endeavor, stole the show with powerful words about the need to empower diverse talent to rise to leadership roles. "Will we keep having these nice conversations on D&I and expect something to change?" she asked. "I challenge us to be uncomfortable having the conversation. Don't sit by; when you're quiet, your silence is a weapon too. We can't have nice conversations anymore. I want everyone to be enraged like I am enraged. I am an angry black woman today—and I want you to be too." | | | |
| |
| |
| | Featured Jobs | square, inc San Francisco, California | M+R Washington, Washington DC | AbelsonTaylor Chicago, Illinois | GZERO Media New York, New York | David Zwirner Gallery New York, New York | | |
| |
| |
|
|
|