Former Foster’s marketing guru Bruce Siney explains why Foster’s went flat and why VB’s ‘Hard earned thirst’ should make a comeback

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Screen shot 2011-09-24 at 8.36.54 PM.jpgScreen shot 2011-09-24 at 9.43.48 PM.jpgBruce Siney, the former marketing director of Foster’s, is profiled in today’s Weekend Australian in the wake of SABMiller’s agreed $12.3 billion bid this week for Foster’s.

For two decades from the early 1970s, Siney plotted and executed the international expansion of Foster’s beer.

Reports the Australian: When he stepped down as marketing director in 1993, Victoria Bitter commanded almost 40 per cent of the national packaged beer market and remained unassailable for some time after that. But VB is now unrecognisable. Despite being available on tap as well, its market share has shrunk to a miserable 14 per cent. READ THE STORY