cover of episode Beyond Meat vs Impossible Burger | Break from the Herd | 4

Beyond Meat vs Impossible Burger | Break from the Herd | 4

2024/11/6
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Ethan Brown
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Pat Brown
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Peter McGinnis
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Topics
Ethan Brown:在公司面临财务困境的背景下,积极寻求明星代言(Kim Kardashian)以提升品牌知名度和销量,但同时也面临着代言广告引发的负面新闻危机。他尝试通过各种策略来应对危机,并最终推出更健康、更符合消费者需求的Beyond Burger 4,同时积极反击牛肉行业对植物肉的负面宣传。 Joe Erlinger:麦当劳对Beyond Meat的McPlant测试结果不佳,决定停止在美国市场销售,这给Beyond Meat带来重大打击。 Doug Ramsey:Beyond Meat高管Doug Ramsey因暴力事件被捕,给公司形象带来负面影响。 Pat Brown:Impossible Foods创始人Pat Brown辞去CEO职位,专注于环保事业,创立Impossible Foundation,致力于通过碳捕捉等方式改善环境。 Peter McGinnis:Impossible Foods新任CEO Peter McGinnis带领公司进行品牌重塑,放弃了以往过于强调环保和社会责任的策略,转而更加注重产品的口味和对肉食者的吸引力,试图扩大市场份额。 Joy Bauer:营养学家Joy Bauer参与Beyond Burger 4的研发,为其健康属性背书。

Deep Dive

Key Insights

Why did Beyond Meat collaborate with Kim Kardashian for a marketing campaign?

Beyond Meat hoped that Kim Kardashian's endorsement would help improve its brand image and boost sales, which had been declining due to rising debt and cash flow issues.

What controversy arose from Kim Kardashian's Beyond Meat ad?

Some of Kardashian's followers accused her of faking the act of eating the Beyond Burger, leading to negative publicity and skepticism about the authenticity of the endorsement.

How did Beyond Meat respond to the controversy surrounding Kim Kardashian's ad?

Beyond Meat released behind-the-scenes footage showing Kardashian eating their products, aiming to dispel doubts and regain public trust.

Why did McDonald's discontinue the McPlant burger test in the U.S.?

McDonald's found that U.S. consumers were not responding well to the McPlant burger, as they preferred traditional menu items like fries and hot burgers over plant-based options.

What significant event involving a Beyond Meat executive led to negative press for the company?

Beyond Meat's Chief Operating Officer, Doug Ramsey, was arrested for biting a man's nose during a road rage incident, causing a public relations crisis for the company.

What changes did Beyond Meat make to address health concerns about its products?

Beyond Meat developed the Beyond Burger 4, a healthier version of its burger with reduced saturated fat and sodium, aiming to appeal to health-conscious consumers.

How did Beyond Meat's new marketing campaign differ from its previous approach?

Beyond Meat shifted its messaging to emphasize the health benefits and environmental impact of plant-based meats, countering claims from the meat industry that plant-based products are unhealthy.

What major rebranding decision did Impossible Foods make in 2023?

Impossible Foods rebranded to appeal more to meat lovers by ditching its

What is Pat Brown's new mission after stepping down as CEO of Impossible Foods?

Pat Brown founded the Impossible Foundation and purchased a ranch in Arkansas to research carbon capture and the economic benefits of transitioning from cattle ranching to sustainable land use.

What challenges do both Beyond Meat and Impossible Foods face in 2024?

Both companies are struggling with declining sales, financial losses, and skepticism about the long-term viability of the plant-based meat industry, with Beyond Meat restructuring debt and Impossible Foods considering acquisition.

Chapters
Beyond Meat uses Kim Kardashian to promote their product, but a controversy arises when people notice she doesn't actually bite into the burger. Despite initial negative press, a follow-up video showcasing Kardashian eating the product helps to mitigate the damage.
  • Kim Kardashian's ad campaign for Beyond Meat sparks controversy.
  • Fans point out that she doesn't actually bite into the burger.
  • Beyond Meat releases outtakes to address the controversy.

Shownotes Transcript

It’s 2022 and Kim Kardashian is chowing down on a Beyond Burger. But the Internet buzzes over whether she actually ate it. Meanwhile, after a boom in business during the pandemic, Americans are now cutting back on plant-based meats. And concerns are growing over their nutritional value. That creates a financial pinch for both Impossible Foods and Beyond Meat, and both companies will have to consider cutting the fat in their operations. Just as the industry looks like it's overcooked, one company revamps its recipe with health in mind. And the other adopts bolder, beefier, and bloodier brand. 

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