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Technological factors of the beer industry

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Technological factors of beer: Intro Technology and social networking have become a major influence in the world we live in today. The paper is about how technology affects the beer industry, specifically if it’s a threat or an opportunity. This summary focuses on the marketing traits using opportunity and threats to describe how the beer industry changes when the influence of technology in involved. In this analysis it is shown how the beer industry uses technology to their advantage to create more opportunities, as well as how technology is an opposing threat to major beer corporations. The opportunities and threats are stated with respect to the beer industry have been summarized and explained using sources from websites. …show more content…

The project to deliver that much beer came to a total cost of $24 million. A logo was also created to represent the project as well as a Twitter and Facebook page. This impacts the industry because technology and social media is what we use on a daily basis to connect with one another. With the use of social media, it is easier to connect with consumers. Companies can also save money on advertising costs and promote deals to people instead of constantly buying time to play ads on TV. (Kenny, n.d.) This is an opportunity because it is easier succeed now in days to promote an idea or brand. Businesses can use it to their advantage to save money and gain profit all at the same time. (Szondy, Molson 's beer fridge that only Canadians can open, 2013) Threat: http://www.gizmag.com/molson-passport-fridge/28111/ Molson, a Canadian beer company came out with the ingenious way to capture people’s attention to buy their beer in foreign countries in Europe. They placed red fridges filled with beer that can only be opened with a Canadian passport. The technology to do this caused attention to Molson and got people excited about their product. Anybody was able to have a beer but they needed a Canadian passport to do so. The machine read the passports by scanning it and identifying the Canadian leaf on it. Many people would be interested in a free beer when offered one, but in this case the beer was free with the exemption of a Canadian passport needed. Molson created

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