McDonald's is heavily investing in its digital transformation under the lead of its Chief Digital Officer, Atif Rafiq. Here are some of their digital initiatives thus far.
The McDonald's Corporation is one of the largest hamburger and fast food retailers across the globe. Experts calculate that they serve nearly 60 million customers every day and have around 30,000 restaurants and franchises in more than 100 countries. It is an incredibly successful brand, and its logos and slogans are recognized across the world.
Mcdonald's IMC and its marketing strategy from the history. ...mayurmittal0001
You will find all the details of McDonald's, from its logo to its marketing strategy, Ansoff matrix, PLC, Facts, Competitors. ... Please download the ppt. There are videos in the presentation so won't get the full matter because many things that I've covered in this ppt are behind the videos.
Forbes.com September 18, 2017
The Amazing Ways Coca-Cola Uses Artificial Intelligence and Big Data to Drive Success
Bernard Marr, Contributor
Sep. 18, 2017
The Coca Cola Company is the world’s largest beverage company selling more than 500 brands of soft drink to customers in over 200 countries. Every single day the world consumes more that 1.9 billion servings of their drinks including brands like Coca Cola (including Diet and Zero) as well as Fanta, Sprite, Dasani, Powerade, Schweppes, Minute Maid and others.
Of course, this also means that it generates mountains of data – from production and distribution to sales and customer feedback, the company relies of a solid data-driven strategy to inform business decisions at a strategic level.
In fact, Coca Cola was one of the first globally-recognized brands outside of the IT market to speak about Big Data, when in 2012 their chief big data officer, Esat Sezer, said “Social media, mobile applications, cloud computing and e-commerce are combining to give companies like Coca-Cola an unprecedented toolset to change the way they approach IT. Behind all this, big data gives you the intelligence to cap it all off.”
More recently, Greg Chambers, global director of digital innovation, has said “AI is the foundation for everything we do. We create intelligent experiences. AI is the kernel that powers that experience.”
Product development
Coca Cola is known to have ploughed extensive research and development resources into artificial intelligence (AI) to ensure it is squeezing every drop of insight it can from the data it collects.
Fruits of this research were unveiled earlier this year when it was announced that the decision to launch Cherry Sprite as a new flavor was based on monitoring data collected from the latest generation of self-service soft drinks fountains, which allow customers to mix their own drinks.
As the machines allow customers to add their own choice from a range of flavor “shots” to their drinks while they are mixed, this meant they were able to pick the most popular combinations and launch it as a ready-made, canned drink.
Coca Cola is also looking to follow the lead of tech giants by developing something similar to their “virtual assistant” AI bots such as Alexa and Siri. The AI will reside in vending machines, allowing greater personalization – for example, users will be able to order their favorite blend from any vending machine, with the machine mixing it to their individual preference. The AI will also adapt the machines’ behavior depending on its location. This could mean more lively and excitable vending machines in malls or entertainment complexes, and more somber, functional behavior in a hospital.
Healthy options
As sales of sugary, fizzy drink products have declined in recent years Coca Cola has also hooked into data to help produce and market some of its healthier options, such as orange juice, which the company sells under a number of brands around the world (including M ...
The McDonald's Corporation is one of the largest hamburger and fast food retailers across the globe. Experts calculate that they serve nearly 60 million customers every day and have around 30,000 restaurants and franchises in more than 100 countries. It is an incredibly successful brand, and its logos and slogans are recognized across the world.
Mcdonald's IMC and its marketing strategy from the history. ...mayurmittal0001
You will find all the details of McDonald's, from its logo to its marketing strategy, Ansoff matrix, PLC, Facts, Competitors. ... Please download the ppt. There are videos in the presentation so won't get the full matter because many things that I've covered in this ppt are behind the videos.
Forbes.com September 18, 2017
The Amazing Ways Coca-Cola Uses Artificial Intelligence and Big Data to Drive Success
Bernard Marr, Contributor
Sep. 18, 2017
The Coca Cola Company is the world’s largest beverage company selling more than 500 brands of soft drink to customers in over 200 countries. Every single day the world consumes more that 1.9 billion servings of their drinks including brands like Coca Cola (including Diet and Zero) as well as Fanta, Sprite, Dasani, Powerade, Schweppes, Minute Maid and others.
Of course, this also means that it generates mountains of data – from production and distribution to sales and customer feedback, the company relies of a solid data-driven strategy to inform business decisions at a strategic level.
In fact, Coca Cola was one of the first globally-recognized brands outside of the IT market to speak about Big Data, when in 2012 their chief big data officer, Esat Sezer, said “Social media, mobile applications, cloud computing and e-commerce are combining to give companies like Coca-Cola an unprecedented toolset to change the way they approach IT. Behind all this, big data gives you the intelligence to cap it all off.”
More recently, Greg Chambers, global director of digital innovation, has said “AI is the foundation for everything we do. We create intelligent experiences. AI is the kernel that powers that experience.”
Product development
Coca Cola is known to have ploughed extensive research and development resources into artificial intelligence (AI) to ensure it is squeezing every drop of insight it can from the data it collects.
Fruits of this research were unveiled earlier this year when it was announced that the decision to launch Cherry Sprite as a new flavor was based on monitoring data collected from the latest generation of self-service soft drinks fountains, which allow customers to mix their own drinks.
As the machines allow customers to add their own choice from a range of flavor “shots” to their drinks while they are mixed, this meant they were able to pick the most popular combinations and launch it as a ready-made, canned drink.
Coca Cola is also looking to follow the lead of tech giants by developing something similar to their “virtual assistant” AI bots such as Alexa and Siri. The AI will reside in vending machines, allowing greater personalization – for example, users will be able to order their favorite blend from any vending machine, with the machine mixing it to their individual preference. The AI will also adapt the machines’ behavior depending on its location. This could mean more lively and excitable vending machines in malls or entertainment complexes, and more somber, functional behavior in a hospital.
Healthy options
As sales of sugary, fizzy drink products have declined in recent years Coca Cola has also hooked into data to help produce and market some of its healthier options, such as orange juice, which the company sells under a number of brands around the world (including M ...
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As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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How McDonald’s is preparing its Digital Transformation
1. How McDonald’s is preparing
its Digital Transformation
@dadovanpeteghem
@sdwouters
2. McDonald’s is among the best known brands
in the world as it is the largest chain of fast-
food restaurants. It has ~69M daily customers
in 36K restaurants across 119 countries.
It once started out as the disruptor in its industry.
With innovations in standardization, experience in
menu and restaurant design and marketing.
3. Over the past years, McDonald’s has
been facing new challenges, such as the
heavy pressure to be more transparent
about their food and processes.
Meanwhile some of the competition has been
heavily investing in digital, while McDonald’s
mostly remained at the sideline. It allowed others
like Starbucks and Subway to take the lead.
4. “We were late coming to
the party, but we will
catch up and accelerate.”
~Don Thompson,
Former CEO McDonald’s
5. “Right now, there’s a high
tolerance for risk. The
company is seeking
progress over perfection.
If we want everything to be
just right, we’ll never quite
get there. So let’s get out
there and try things, let’s
test things. We can fail fast
and spot the successes
and scale fast.”
~Steve Easterbrook,
CEO of McDonald’s
6. The man hired to lead the
change, Atif Rafiq, is a former
Amazon and Yahoo executive
and now Chief Digital Officer
at McDonald’s since 2013.
He is busy preparing
McDonald’s for the
digital age and while his
plans are still developing,
here is what McDonald’s
is doing in digital so far.
"Our objective is to be
ready to move at the
pace consumers are.”
7. It has a Digital Transformation team of
about 20 employees, coming from
Facebook, Yahoo, Microsoft, PayPal,
AOL, and various other tech companies.
The team is set to grow
to 200-250 employees
within the next year.
8. It has started its own digital offices
in San Francisco and Chicago, where
it plans to re-invent the customer
experience in the digital age.
While the competition looks at how
pizza chains let their customers
order through mobile, McDonald’s
is getting its inspiration from start-
ups and big tech companies and
wants to work with them.
9. McDonald’s was a sponsor
of SXSW 2015, an event
that focuses on innovation.
10. It was among the first
companies to accept Apple
Pay, and the only one to
offer it in Drive-through.
11. Its pilot coupon app offers
coupons that will only stay
valid for a few minutes.
12. It is also working on its mobile
ordering app, while testing a fast lane
for mobile orders in its restaurants.
13. Each restaurant will have a
standardized set of hardware and
software by 2020, including things like
beacons and various NFC applications.
14. One of these applications
is the smart dinner table,
which turns the restaurant
tables into mobile games.
Check the video
15. Following the lead of
Starbucks, McDonald’s is
piloting wireless charging
spots as an additional way
to attract customers to
hop into their restaurants.
16. While McDonald’s realized the threats and
opportunities of digital rather late, it is now
taking strong action to remain competitive.
Have you looked at the digital competition
and innovation in your sector yet?
Our book on Digital Transformation can help
you to anticipate disruption and take your
future in your own hands.
digitaltransformationbook.com
17. jo@dearmedia.be
+32 475 43 80 98
dado@dearmedia.be
+32 474 82 68 07
Need help in your own Digital
Transformation journey?