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Q: | How important are brands to InBev? Because there are some who believe you dont attach enough importance to them. | |
A: | Very important. Thats the short and very clear answer. Brands are the lifeblood of any branded goods business and thats what we are. The brands determine the future success of InBev as they determined the past success. The first thing anybody looks at and anybody is taking care of is that the integrity of the brands is maintained, nurtured and secured for generations to come and we all try to bring the brands that we have during our lifetime a little bit further. | |
We do have a phenomenal set of brands around the world that connect in an incredible way with the local consumer. Take for example Quilmes in Argentina, Skol, Brahma, Antartica in Brazil, Jupiler in Belgium, Cass in Korea, Bud and Bud Light in Canada. | ||
There are plenty of examples of brands that have a very long and rich heritage and connection with the brands. | ||
Q: | Youve recently joined InBev after many years at Proctor & Gamble and Coca-Cola. How would you say that the marketing strategies differ? | |
A: | There are always similarities and differences. Its much more similar to any FMCG company than anybody might imagine. The marketing processes that we have in place are largely comparable, the methodologies are largely comparable. The marketers often come from the same places, are trained by the same schools of marketing, but also InBev has a lot of home grown talent that is in high demand outside of InBev. | |
So by and large the marketing discipline is comparable with the best schools out there. | ||
In terms of difference, if there were any secret in InBev I would say its the speed at which it operates. So once it determines where to go, it quickly moves into action. | ||
Q: | And can you cite any evidence of where we see this? | |
A: | Well the best thing is to walk in the marketplace in those countries where we operate and you will just see and feel the brands that have been nurtured and taken care of over generations, and the result of this marketing approach over decades and centuries in many areas. If you walk in the streets of Argentina, you will feel Quilmes. Quilmes for example is Argentina. Not only does the |
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brand carry the same colours as the national flag, light blue and white, but when you ever have the chance to see a history of football advertising of Quilmes, you will feel national pride captured in a bottle. Its unbelievable but it creates goose bumps. I cannot say anything more than that when I discovered it. | ||
But similarly if you walk in the streets of Brazil and you see the preference that people have for icon brands like Skol, which is the number three brand in the world today and by far the number one in Brazil. If you look at the strength of a brand like Brahma and how resonant it is in the streets. Brands like Antartica, then you must say the people that made that happen must do something right. | ||
Similarly if you look at a totally different environment, go to Korea. Theres a younger brand there called Cass, which from being a very small one became the real challenging brand and established itself as a true challenger to the number one brand there. | ||
So we not only have in the portfolio very strong local jewels that claim the number one slot, we also created over time very strong challengers in certain markets, which we are very happy with. |
Q: | And whats your take on Anheuser-Buschs marketing? Should the InBev proposal succeed what if anything might change? | |
A: | Well first and foremost in Brand Management the number one question you need to ask yourself is what should not change. The question we learnt by dealing with all those local jewels that I referred to. You do not change a number of things that works since generations. | |
Bud will always be Bud, and should always be Bud. Its the essential starting principle. So many things will be absolutely kept intact and should be. And the first thing is for any marketer, whoever looks at it, is to say, lets keep this brand as it is. | ||
Im very excited by the prospects of what a new company might do together and how on both sides, how both sides can contribute to a skill set and a competency set that would rival anyone and would be better than any beer brewer in the world. | ||
If I take Canada as an example. We work together with the brand and nurtured this brand over 28 years from non-existent to the absolute number one in Canada, both Bud and Bud Light. | ||
So there is a lot of experience that InBev has in managing local jewels and keeping them and nurturing them in highly competitive environments, and there is also experience on Bud and Bud Light that InBev already has that we can bring to the party. |
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Q: | So that will mean making Bud a truly global brand? | |
A: | We see a great global future for the King of Beers, and turn Bud into a real global king of beers. If you just take the essence of what Bud stands for in the United States. Add to that the experience we already have together in countries like Canada and Korea. If you look at InBevs footprint and you take the brand to all of where InBev is strong already. If you add the competency in brand building of InBev and combine that with the competencies that AB have in managing global properties for example. If you see, if you add to that the strength we have in building global brands like Stella Artois and Becks, I can only be extremely excited at the potential of Budweiser around the globe. I think it will be the global king of beers. |
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