The arrival of the band Hanson’s “MMMHop” beer next year clearly cannot be viewed as the pinnacle of achievement for Craft Beer. The band has previously launched their own board game and record player so this is just one more marketing ploy for the three brothers who can lay claim to being one-hit wonders.
No matter how (un)successful MMMHop will be the real question is has Craft Beer jumped the shark? The explosive growth we have seen in the Craft Beer industry in the last several years would certainly indicate that a bubble is forming. Additionally the arrival of such marketing gimmicks as the Hanson Brother’s MMMHop lends credence to the view that the craft beer craze has peaked.
I would agree with this except the numbers don’t support this theory. First of all craft beer volume continues to expand. Market share is being stolen from the macro breweries. Second, prices for craft beer continue to rise. If Craft Beer had jumped the shark and had indeed peaked in popularity we would see volumes stabilize and prices flat to declining.
Since the numbers don’t support the concept of Craft Beer jumping the shark, how should the appearance of MMMHop be viewed? The answer is the same way “Booty Beer” and “Sippy Flats” – as marketing gimmicks by beer marketing companies that don’t have their own brewery to make their own beer and lack the ability to even understand the Craft Beer industry.
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