
Flatlining Foam: Craft Beer Market Slowdown Impact on Bars
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Is your craft beer program facing its biggest challenge yet? With craft beer production plummeting 4% in 2024—the largest decline outside the pandemic—bar owners need to act fast to protect their profits.
For the first time in two decades, brewery closures (501) have outpaced openings (434). This seismic shift signals a transformation in consumer preferences and market dynamics that directly impacts your bar's bottom line.
In this episode, discover:
- How to transform your beer program to match evolving consumer tastes
- Strategic ways to maintain margins despite market pressures
- Innovative event programming that drives traffic in the changing landscape
- Expert insights on diversifying your beverage program
- Practical steps to position your bar for success in the new craft beer era
Ready to adapt your bar to these changes? Listen now to get actionable strategies you can implement immediately.
Learn More:
Schedule a Strategy Session
Bar Business Nation Facebook Group
The Bar Business Podcast Website
Chris' Book 'How to Make Top-Shelf Profits in the Bar Business'
Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large.
**We are a SpotOn affiliate and earn commissions from the link above.
A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.