After every Super Bowl, I go on air with our local ESPN Radio affiliate to talk about key trends and standout performers from the annual slate of high-profile advertisers that seek the visibility of the largest televised event in America. As marketers, we understand that in a fragmented media landscape, massive live viewership creates a platform for brands to make big statements. Or at least brands used to make big statements.
In 2023, Bud Light found itself in the crosshairs of societal division and identity politics that have overtaken the United States. As a result of standing up for transgender rights, AB InBev shares fell by nearly 20%. Within months of Bud Light’s purpose-driven campaign, the brand had lost its spot as the No. 1 selling beer in the country.
From that moment, concern flowed through the advertising world and into Super Bowl 2024, where marketers spent $7 million for 30-second spots in which safe, sensible chuckles from celebrity gags ruled the day.