Progressive Politics

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Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

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TokenBoomer@lemmy.world

How about targeted short term boycotts? (lemm.ee)

submitted 1 week ago by Wes4Humanity@lemm.ee to c/progressivepolitics@lemmy.world

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Do you think it would be possible (and how could we get it done?) to unite millions of people who collectively agree to target an individual company for a short time unless the company meets our demands? For example, for the month of March we all pledge to not purchase anything from Apple unless Apple does XYZ... Either they do it, or we tank their stock... Move on to the next company target

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[–] Cheradenine@sh.itjust.works 3 points 1 week ago (1 children)

Sales of Bud Light and Budweiser dropped 24.6% and 9.2%, respectively, for the four weeks ended June 3 from a year earlier, while Modelo Especial sales rose 10.2%, according to consulting company Bump Williams, which sources data from NielsenIQ.

https://www.reuters.com/business/retail-consumer/bud-light-loses-top-us-beer-spot-after-mulvaney-ad-boycott-2023-06-14/

[–] Dagwood222@lemm.ee 1 points 1 week ago (1 children)

https://www.forbes.com/sites/aliciapark/2024/07/18/bud-light-boycott-effects-endure-brand-drops-to-third/

So, they went to Number 3. Not exactly bankrupt, is it?

[–] Cheradenine@sh.itjust.works 5 points 1 week ago

I never said they were bankrupt. It hurt their sales, which is what OPs post is about to my understanding.

Going from number 1 to number 3 is a big deal.