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12/14/12
                                                 1




  FOX MARKETING
  CONSULTANTS


                         Wendy's International, Inc.
  1801 Liacouras Walk,     One Dave Thomas
    Philadelphia, PA      Boulevard, Dublin, OH
                                  43017
2

TABLE OF CONTENTS
Section    Content                     Pages



          1Background and Objectives            3-4


          2Our Approach                         5-7


          3Key Findings                          8


          4Detailed Findings                   9-27


          5Summary of Key Findings              28


          6Implications                         26
3




BACKGROUND
AND OBJECTIVES
4
BACKGROUND AND
OBJECTIVES

• Understand awareness trial and usage of brands in the
category


• Understand factors that are driving purchase decisions


• Understand positioning opportunities relative to the
competition


• Awareness and impact of television advertising campaign
5




OUR APPROACH
OUR APPROACH:                                           6
RESEARCH OBJECTIVES



   Sampling Size                  1,638

 Interview Method     Internet survey using Qualtrics

 Screening Criteria             Fast food

  Time for Survey             15-20 minutes
7

OUR APPROACH
AWARENESS TRIAL AND USAGE
    MULTIPLE CHOICE
    3, 5 , AND 9 POINT LIKERT SCALES

BRAND RATINGS
    5 POINT LIKERT SCALES

ADVERTISING EFFECTIVENESS
    MULTIPLE CHOICE
    3 POINT LIKERT SCALE

DEMOGRAPHICS
    MULTIPLE CHOICE
8

KEY FINDINGS

• Few of the percentages of all of the participants in the
  survey were aware of Wendy’s in the “Top of Mind
  Unaided Awareness” question. The majority were aware
  of McDonalds.

• Consumers view the brand Wendy’s as a “better value for
  higher price” brand which is the main driver of purchase.
  But Wendy’s needs to reposition because the fast food
  market predominantly wants quick and cheap food.

• An advantage that Wendy’s has over its main competitors
  is that it offers healthier choices like salads.

• The “Wheres the Beef?” Ad was successful in their
  positioning in the consumers mind.
9




DETAILED
FINDINGS
10

   UNAIDED AWARENESS

     McDonald's                    53%                        100%
    Burger King       6%                         89%
         Wendy's       14%                          87%
        Taco Bell     6%                  63%
             KFC 1%                 53%
            Arby's 1%         37%
       Chick-fil-A 5%          34%
         Subway 1%           28%
        Checkers 1%  26%
        Popeyes 1% 19%

                  Top of Mind Awareness         Total Unaided Awareness

                     Even though you may have already told us, please check all of
Base Size:1,702         the brands of Fast Food restaurants that you may have
                                             HEARD of.
11

   BRANDS CONSIDERED

                                 Brands 0 Brands
                                              3%

       5 Brands             6 Brands
          7%                  13%              1 Brands
               4 Brands                          34%
                 12%

                     3 Brands
                                       2 Brands
                       16%
                                         15%




          Please think of your next purchase of Fast Food. Which of
            the following brands would you consider when purchasing
Base Size:1,638
FOR THE SCATTER PLOT ON                                                12
THE FOLLOWING
SLIDE, RESPONDENTS WERE
ASKED THE FOLLOWING
QUESTIONS:

 - In the next three months, how likely would you be to buy,
 or have someone in your household buy, the following brands
 of fast food?(Select one for each brand)



 - Please rate your overall satisfaction with each brand below.
 You may use any part of the scale below.(Select one for each brand)
13
                                                LIKING VS FUTURE
                                                PURCHASE INTENT
                                                  SCATTER PLOT
                                               Top 2 Box Future Purchase Intent
Top 2 Box Future Purchase Intent




                                   60.00%

                                                                                         McDonald’s                Subway
                                   50.00%
                                                                                                     Wendy’s

                                   40.00%                                                                      Chick-Fil-A

                                                                                         Taco Bell
                                   30.00%                                  Burger King
                                                                  Kentucky Fried Chicken
                                   20.00%
                                                                   Sonic
                                                             Arby’s
                                   10.00%      Checkers   Popeye’s


                                   0.00%
                                       0.00%      10.00%        20.00%             30.00%             40.00%            50.00%


                                                    Top 2 Box Overall Liking
14
FOR THE DATA ON THE CHART ON THE
FOLLOWING SLIDE, RESPONDENTS WERE ASKED
THE FOLLOWING QUESTIONS:

-Please think of your next purchase of fast food. Which of the
following brands would you consider when purchasing fast
food?


-Which of the following brands you be most likely to choose
when you next purchase fast food?


-And which of the following brands would be your second
choice when you next buy fast food? That is, if your first
choice were not available.
15
       CONSIDERATION, FIRST/SECOND CHOICE
                    BRANDS
                 First/Second Choice in Consideration Set
                Subway                                                               48%
                                                                             39%
            McDonald's                                                         41%
                                                                     33%      41%
                Wendy's
                                                                   31% 35%
             Chick-Fil-A
                                                                  29%
               Taco Bell                                            30%
                                                           22%
            Burger King                                     23%
                                            12%                       Consideration
 Kentucky Fried Chicken                              18%
                                      7%                              First or Second Choice
                  Sonic                        15%
                                      7%       14%
                 Arby's
                                      7% 10%
               Popeye's
                                4%     9%
              Checkers           4%

                           0%     10%             20%         30%          40%       50%   60%

Please think of your next purchase                Base Size Consideration= 1,776
of fast food. Which of the following              Base Size First Choice= 1,721
brands would you consider when                    Base Size Second Choice= 1,103
purchasing fast food?
RESPONDENTS WERE ASKED THE                             16
FOLLOWING QUESTIONS WHICH ALLOWED US
TO CREATE A BRAND FUNNEL ON THE NEXT
PAGE…

• Even though you may have already told us, please
check all of the brands of Fast Food that you have
HEARD of.
• Which of the following brands have you used in the
past year?
• Which of the following brands have you used in the
past 3 months?
• Which of the brands that we've discussed today do
you eat REGULARLY?
17

BRAND FUNNEL


 73%   82%   57%   55%   57%   74%




 58%   73%                     63%
             39%   52%   47%




 29%   27%   50%   54%   65%   42%
18
WENDY’S
ADVERTISEMENT
19
  “WHERE’S THE BEEF” AD AWARENESS AND
  EFFECTIVENESS.

•First, participants in the survey were shown the “Where’s the Beef”
advertisement on the previous page. They were asked if they recall
seeing the ad. If they did not recall the ad, then they were screened
out to the end of the survey.

• The participants who recalled the ad were then asked what
commercial the brand was for.

•Then they were asked to answer the following questions using a
likert scale:
    •The ad said something important to me
    •The ad was enjoyable to watch
    •The ad made me more interested in the brand
    •I'm getting tired of seeing the ad
    •The ad made me more likely to consider buying the brand
•The following slide contains our results
20

                                              Wendy’s TV Ad

Advertising Effectiveness                          (1653)

       Breakthrough                                56%
       Brand Linkage                               76%
Advertising Diagnostics                            (921)
   Persuasion
       Said something important to me             15.20%
       Made me more interested in the brand       22.26%
       Was enjoyable to watch                      48.10%
       Getting tired of seeing this ad             46.8%
21

PERCEPTUAL MAP
THE PERCEPTUAL MAP WAS BASED OFF OF HOW
INDIVIDUALS RATED BRAND ATTRIBUTES BASED OFF A
FIVE POINT LIKERT SCALE.

THE INDIVIDUALS WERE ASKED 20 QUESTIONS IN
WHICH THEY HAD TO AGREE OR DISAGREE WITH THE
STATEMENT

THE DATA WAS CONVERTED INTO A PERCENTAGE AND
THEN PUT INTO A T-TEST MODEL TO TEST FOR
SIGNIFICANCE.

MAP DIAGRAM:
      WENDY’S ADVANTAGES ARE ON THE RIGHT
      COMPETITOR’S ADVANTAGES ARE ON THE LEFT
22
                        WENDY’S V. MCDONALDS
                                                                                    Maintain
    Serious                                                                       Competitive
   Weakness:                                                                       Advantage
   Try Fixing


                                                                 Is good for lunch
Is good for breakfast                                            Is a brand I trust
Offers a good variety of                                         Has combo meals I like
desserts                                                         Is different than other brands
Has the best french fries                                        Is good for dinner
Has a good selection of                                          Their food is always fresh
                                                                 Has the best chicken
coffee based drinks                                              sandwiches
Has appropriate meals for                                        Is good value for the money
young children                                                   Is good for a late night snack
                                               No
                                          Differences

Has a good value menu                                            Always has a friendly
($1 or 99 cent menu items)                                       atmosphere
The service is always fast   Always lets me customize my order   Has the best hamburgers
                             to make it larger or smaller        Is a high quality brand
                             Has a quick drive-thru service      Offers a good variety of
                             Is competitively priced             salad options
                                                                 The restaurant is always
                             Is environmentally responsible
                                                                 clean
                             Is good for an afternoon snack

      Potential                                                                Potential
     Opportunity                                                              Opportunity
     to improve                                                               to improve.
23
                         WENDY’S V. SUBWAY
                                                                                             Maintain
  Serious                                                                                  Competitive
 Weakness:                                                                                  Advantage
 Try Fixing



                                                                        Has combo meals that I like
                                                                        Has the best chicken sandwiches
Is good for lunch
                                                                        Offers a good variety of desserts
Is a brand I trust                   Is good value for the money        Is good for a late night snack
Is different than other brands
                                                                        Has the best french fries
Is good for dinner
                                                                        Has a good selection of coffee based
Their food is always fresh
                                                                        drinks
Is good for breakfast
                                                                        Has appropriate meals for young
                                                                        children
                                                  No
                                             Differences

Has a friendly atmosphere                                               Has a good value menu ($1 or 99
Is a high quality brand                                                 cent menu items)
Is environmentally                                                      Has quick drive thru service
responsible                                                             Is good for an afternoon snack
The service is always fast       Always lets me customize my order to   Offers a good variety of salad
The restaurants always                 make it larger or smaller        options
clean                                   Is competitively priced




    Potential                                                                           Potential
   Opportunity                                                                         Opportunity
   to improve                                                                          to improve.
24
                 WENDY’S V. CHICK-FIL-A
                                                                                                   Maintain
  Serious                                                                                        Competitive
 Weakness:                                                                                        Advantage
 Try Fixing



Is good for lunch                                                            Is good for a late night snack
Is a brand I trust
Has combo meals that I like
Is different than other brands         Is a good value for the money
Is good for dinner                  Has a good selection of coffee based
Their food is always fresh                         drinks
Is good for breakfast
Has the best chicken sandwiches
Offers a good variety of desserts
Has the best french fries
Has appropriate meals for young
children
                                                      No
                                                 Differences
Always has a friendly                                                        Has a good value menu ($1 or 99
atmosphere                                                                   cent menu items)
Is a high quality brand                                                      Has the best hamburgers
Is environmentally                                                           Is good for an afternoon snack
responsible                         Always lets me customize my order to     Is competitively priced
The service is always fast                 make it larger or smaller
The restaurants always                   Has quick drive thru service
clean                               Offers a good variety of salad options
Is good for an afternoon
snack



    Potential                                                                                 Potential
   Opportunity                                                                               Opportunity
   to improve                                                                                to improve.
25
TO FIGURE OUT THE TOP 2 BOX PERCENTAGE
WE USED STATISTICAL PROCESS SOFTWARE. WE
USED 3 QUESTIONS TO GET FIND OUT RESULTS:



WHICH OF THE FOLLOWING BRANDS HAVE
YOU USED IN THE PAST YEAR?

WHICH OF THE FOLLOWING BRANDS HAVE
YOU USED IN THE PAST 3 MONTHS?

PLEASE RATE YOUR OVERALL PRODUCT
SATISFACTION WITH EACH BRAND BELOW- 5
POINT LIKERT SCALE, VERY SATISFIED TO
VERY DISSATISFIED
26
  TOP 2 BOX
  SATISFACTION
   McDonald's                                       70.10%
                                                62.80%

   Burger King                                            77.20%
                                                 63.70%

     Taco Bell                                            81.10%
                                                     70.40%

      Wendy's                                              81.90%
                                                       74.60%

       Subway                                                    87%
                                                             80.20%

    Chick-Fil-A                                                   91.60%
                                                               85.50%

             0.00%     20.00%    40.00%    60.00%    80.00%      100.00%
                     Past 3 months Users   Past Year Users
Base size year= 1,755
Base size 3 months= 1,753
27


DEMOGRAPHICS

                     Wendy’s        McDonald’s        Burger King          Subway          Chick-Fil-A      Taco Bell

                  (Past 3 Months)   (Past 3 Months)   (Past 3 Months)   (Past 3 Months)   (Past 3 Months) (Past 3 Months)

                       %                 %                 %                 %                %               %

Gender:
Male                 45.4                                                                                     54.5
                                      45.1                51.9            46.3             41.9
Female
                     54.6             54.9                48.1            53.7             58.1               45.5


Race/Ethnicity:          6              6.4                  6.6             5.2              4.8               5.5
Hispanic                75             73.9                                 75.1
                                                            71.8                             79.5              77.9
White                  12.5            11.5                                   9
                                                            12.8                             10.8               8.3
Black                   7.5             8.9                  8.8             10               6.7               9.7
Asian
                        5.4             4.8                  6.3             5.1              3.9               5.1
Other

Employment:
                      25.1             24.3                 31.9
Full-time                                                                    23.4            28.4              24.1
                      43.5             43.5                 42.7
Part-time                                                                    43.4            43.1              44.6
Other                 31.3             32.3                 25.4             33.2            28.4              31.3
28

 SUMMARY OF KEY FINDINGS
• 14% of the participants in the survey were aware of Wendy’s
  in the “Top of Mind Unaided Awareness” question.

• Consumers view the brand Wendy’s as a “better value for
  higher price” brand which is the main driver of purchase

• An advantage that Wendy’s has over its main competitors is
  that it offers healthier choices like salads. A disadvantage
  that Wendy’s has in relevance to their competitors is their
  breakfast selection.

• “Where’s the Beef” was a success because consumers
  associated the commercial with Wendy’s, however a strong
  portion of the consumers got tired of this ad very quickly
29


 IMPLICATIONS

• Wendy’s should try a different technique to position themselves
  in the consumer’s mind. They need to create brand equity so
  they can be remembered even when they aren’t showing
  advertisements.

• Wendy’s needs to take advantage of their position of “high
  value for a higher price.” They need to find an incentive for
  consumers to be willing to spend that extra dollar.

• A large reason why Wendy’s wins consumers over other brands
  is their healthy menu. Their advertisements need to make the
  healthy menu appeal to the target market.

• Although “Where’s the Beef” was successful, Wendy’s needs to
  keep up on their innovation and have more of a variety of
  advertising so that consumers don’t get annoyed with the
  brand.
THANK YOU FOR YOUR TIME




   IF YOU HAVE ANY QUESTIONS REGARDING OUR
  ANALYSIS, PLEASE FEEL FREE TO CONTACT ALEX
GRIMBLE, CHRISTIE SEITZ, OR MOLLY MCGOWAN FROM
  FOX MARKETING CONSULTANTS FOR A FURTHER
                  EXPLANATION.

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Market research ppt

  • 1. 12/14/12 1 FOX MARKETING CONSULTANTS Wendy's International, Inc. 1801 Liacouras Walk, One Dave Thomas Philadelphia, PA Boulevard, Dublin, OH 43017
  • 2. 2 TABLE OF CONTENTS Section Content Pages 1Background and Objectives 3-4 2Our Approach 5-7 3Key Findings 8 4Detailed Findings 9-27 5Summary of Key Findings 28 6Implications 26
  • 4. 4 BACKGROUND AND OBJECTIVES • Understand awareness trial and usage of brands in the category • Understand factors that are driving purchase decisions • Understand positioning opportunities relative to the competition • Awareness and impact of television advertising campaign
  • 6. OUR APPROACH: 6 RESEARCH OBJECTIVES Sampling Size 1,638 Interview Method Internet survey using Qualtrics Screening Criteria Fast food Time for Survey 15-20 minutes
  • 7. 7 OUR APPROACH AWARENESS TRIAL AND USAGE MULTIPLE CHOICE 3, 5 , AND 9 POINT LIKERT SCALES BRAND RATINGS 5 POINT LIKERT SCALES ADVERTISING EFFECTIVENESS MULTIPLE CHOICE 3 POINT LIKERT SCALE DEMOGRAPHICS MULTIPLE CHOICE
  • 8. 8 KEY FINDINGS • Few of the percentages of all of the participants in the survey were aware of Wendy’s in the “Top of Mind Unaided Awareness” question. The majority were aware of McDonalds. • Consumers view the brand Wendy’s as a “better value for higher price” brand which is the main driver of purchase. But Wendy’s needs to reposition because the fast food market predominantly wants quick and cheap food. • An advantage that Wendy’s has over its main competitors is that it offers healthier choices like salads. • The “Wheres the Beef?” Ad was successful in their positioning in the consumers mind.
  • 10. 10 UNAIDED AWARENESS McDonald's 53% 100% Burger King 6% 89% Wendy's 14% 87% Taco Bell 6% 63% KFC 1% 53% Arby's 1% 37% Chick-fil-A 5% 34% Subway 1% 28% Checkers 1% 26% Popeyes 1% 19% Top of Mind Awareness Total Unaided Awareness Even though you may have already told us, please check all of Base Size:1,702 the brands of Fast Food restaurants that you may have HEARD of.
  • 11. 11 BRANDS CONSIDERED Brands 0 Brands 3% 5 Brands 6 Brands 7% 13% 1 Brands 4 Brands 34% 12% 3 Brands 2 Brands 16% 15% Please think of your next purchase of Fast Food. Which of the following brands would you consider when purchasing Base Size:1,638
  • 12. FOR THE SCATTER PLOT ON 12 THE FOLLOWING SLIDE, RESPONDENTS WERE ASKED THE FOLLOWING QUESTIONS: - In the next three months, how likely would you be to buy, or have someone in your household buy, the following brands of fast food?(Select one for each brand) - Please rate your overall satisfaction with each brand below. You may use any part of the scale below.(Select one for each brand)
  • 13. 13 LIKING VS FUTURE PURCHASE INTENT SCATTER PLOT Top 2 Box Future Purchase Intent Top 2 Box Future Purchase Intent 60.00% McDonald’s Subway 50.00% Wendy’s 40.00% Chick-Fil-A Taco Bell 30.00% Burger King Kentucky Fried Chicken 20.00% Sonic Arby’s 10.00% Checkers Popeye’s 0.00% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% Top 2 Box Overall Liking
  • 14. 14 FOR THE DATA ON THE CHART ON THE FOLLOWING SLIDE, RESPONDENTS WERE ASKED THE FOLLOWING QUESTIONS: -Please think of your next purchase of fast food. Which of the following brands would you consider when purchasing fast food? -Which of the following brands you be most likely to choose when you next purchase fast food? -And which of the following brands would be your second choice when you next buy fast food? That is, if your first choice were not available.
  • 15. 15 CONSIDERATION, FIRST/SECOND CHOICE BRANDS First/Second Choice in Consideration Set Subway 48% 39% McDonald's 41% 33% 41% Wendy's 31% 35% Chick-Fil-A 29% Taco Bell 30% 22% Burger King 23% 12% Consideration Kentucky Fried Chicken 18% 7% First or Second Choice Sonic 15% 7% 14% Arby's 7% 10% Popeye's 4% 9% Checkers 4% 0% 10% 20% 30% 40% 50% 60% Please think of your next purchase Base Size Consideration= 1,776 of fast food. Which of the following Base Size First Choice= 1,721 brands would you consider when Base Size Second Choice= 1,103 purchasing fast food?
  • 16. RESPONDENTS WERE ASKED THE 16 FOLLOWING QUESTIONS WHICH ALLOWED US TO CREATE A BRAND FUNNEL ON THE NEXT PAGE… • Even though you may have already told us, please check all of the brands of Fast Food that you have HEARD of. • Which of the following brands have you used in the past year? • Which of the following brands have you used in the past 3 months? • Which of the brands that we've discussed today do you eat REGULARLY?
  • 17. 17 BRAND FUNNEL 73% 82% 57% 55% 57% 74% 58% 73% 63% 39% 52% 47% 29% 27% 50% 54% 65% 42%
  • 19. 19 “WHERE’S THE BEEF” AD AWARENESS AND EFFECTIVENESS. •First, participants in the survey were shown the “Where’s the Beef” advertisement on the previous page. They were asked if they recall seeing the ad. If they did not recall the ad, then they were screened out to the end of the survey. • The participants who recalled the ad were then asked what commercial the brand was for. •Then they were asked to answer the following questions using a likert scale: •The ad said something important to me •The ad was enjoyable to watch •The ad made me more interested in the brand •I'm getting tired of seeing the ad •The ad made me more likely to consider buying the brand •The following slide contains our results
  • 20. 20 Wendy’s TV Ad Advertising Effectiveness (1653) Breakthrough 56% Brand Linkage 76% Advertising Diagnostics (921) Persuasion Said something important to me 15.20% Made me more interested in the brand 22.26% Was enjoyable to watch 48.10% Getting tired of seeing this ad 46.8%
  • 21. 21 PERCEPTUAL MAP THE PERCEPTUAL MAP WAS BASED OFF OF HOW INDIVIDUALS RATED BRAND ATTRIBUTES BASED OFF A FIVE POINT LIKERT SCALE. THE INDIVIDUALS WERE ASKED 20 QUESTIONS IN WHICH THEY HAD TO AGREE OR DISAGREE WITH THE STATEMENT THE DATA WAS CONVERTED INTO A PERCENTAGE AND THEN PUT INTO A T-TEST MODEL TO TEST FOR SIGNIFICANCE. MAP DIAGRAM: WENDY’S ADVANTAGES ARE ON THE RIGHT COMPETITOR’S ADVANTAGES ARE ON THE LEFT
  • 22. 22 WENDY’S V. MCDONALDS Maintain Serious Competitive Weakness: Advantage Try Fixing Is good for lunch Is good for breakfast Is a brand I trust Offers a good variety of Has combo meals I like desserts Is different than other brands Has the best french fries Is good for dinner Has a good selection of Their food is always fresh Has the best chicken coffee based drinks sandwiches Has appropriate meals for Is good value for the money young children Is good for a late night snack No Differences Has a good value menu Always has a friendly ($1 or 99 cent menu items) atmosphere The service is always fast Always lets me customize my order Has the best hamburgers to make it larger or smaller Is a high quality brand Has a quick drive-thru service Offers a good variety of Is competitively priced salad options The restaurant is always Is environmentally responsible clean Is good for an afternoon snack Potential Potential Opportunity Opportunity to improve to improve.
  • 23. 23 WENDY’S V. SUBWAY Maintain Serious Competitive Weakness: Advantage Try Fixing Has combo meals that I like Has the best chicken sandwiches Is good for lunch Offers a good variety of desserts Is a brand I trust Is good value for the money Is good for a late night snack Is different than other brands Has the best french fries Is good for dinner Has a good selection of coffee based Their food is always fresh drinks Is good for breakfast Has appropriate meals for young children No Differences Has a friendly atmosphere Has a good value menu ($1 or 99 Is a high quality brand cent menu items) Is environmentally Has quick drive thru service responsible Is good for an afternoon snack The service is always fast Always lets me customize my order to Offers a good variety of salad The restaurants always make it larger or smaller options clean Is competitively priced Potential Potential Opportunity Opportunity to improve to improve.
  • 24. 24 WENDY’S V. CHICK-FIL-A Maintain Serious Competitive Weakness: Advantage Try Fixing Is good for lunch Is good for a late night snack Is a brand I trust Has combo meals that I like Is different than other brands Is a good value for the money Is good for dinner Has a good selection of coffee based Their food is always fresh drinks Is good for breakfast Has the best chicken sandwiches Offers a good variety of desserts Has the best french fries Has appropriate meals for young children No Differences Always has a friendly Has a good value menu ($1 or 99 atmosphere cent menu items) Is a high quality brand Has the best hamburgers Is environmentally Is good for an afternoon snack responsible Always lets me customize my order to Is competitively priced The service is always fast make it larger or smaller The restaurants always Has quick drive thru service clean Offers a good variety of salad options Is good for an afternoon snack Potential Potential Opportunity Opportunity to improve to improve.
  • 25. 25 TO FIGURE OUT THE TOP 2 BOX PERCENTAGE WE USED STATISTICAL PROCESS SOFTWARE. WE USED 3 QUESTIONS TO GET FIND OUT RESULTS: WHICH OF THE FOLLOWING BRANDS HAVE YOU USED IN THE PAST YEAR? WHICH OF THE FOLLOWING BRANDS HAVE YOU USED IN THE PAST 3 MONTHS? PLEASE RATE YOUR OVERALL PRODUCT SATISFACTION WITH EACH BRAND BELOW- 5 POINT LIKERT SCALE, VERY SATISFIED TO VERY DISSATISFIED
  • 26. 26 TOP 2 BOX SATISFACTION McDonald's 70.10% 62.80% Burger King 77.20% 63.70% Taco Bell 81.10% 70.40% Wendy's 81.90% 74.60% Subway 87% 80.20% Chick-Fil-A 91.60% 85.50% 0.00% 20.00% 40.00% 60.00% 80.00% 100.00% Past 3 months Users Past Year Users Base size year= 1,755 Base size 3 months= 1,753
  • 27. 27 DEMOGRAPHICS Wendy’s McDonald’s Burger King Subway Chick-Fil-A Taco Bell (Past 3 Months) (Past 3 Months) (Past 3 Months) (Past 3 Months) (Past 3 Months) (Past 3 Months) % % % % % % Gender: Male 45.4 54.5 45.1 51.9 46.3 41.9 Female 54.6 54.9 48.1 53.7 58.1 45.5 Race/Ethnicity: 6 6.4 6.6 5.2 4.8 5.5 Hispanic 75 73.9 75.1 71.8 79.5 77.9 White 12.5 11.5 9 12.8 10.8 8.3 Black 7.5 8.9 8.8 10 6.7 9.7 Asian 5.4 4.8 6.3 5.1 3.9 5.1 Other Employment: 25.1 24.3 31.9 Full-time 23.4 28.4 24.1 43.5 43.5 42.7 Part-time 43.4 43.1 44.6 Other 31.3 32.3 25.4 33.2 28.4 31.3
  • 28. 28 SUMMARY OF KEY FINDINGS • 14% of the participants in the survey were aware of Wendy’s in the “Top of Mind Unaided Awareness” question. • Consumers view the brand Wendy’s as a “better value for higher price” brand which is the main driver of purchase • An advantage that Wendy’s has over its main competitors is that it offers healthier choices like salads. A disadvantage that Wendy’s has in relevance to their competitors is their breakfast selection. • “Where’s the Beef” was a success because consumers associated the commercial with Wendy’s, however a strong portion of the consumers got tired of this ad very quickly
  • 29. 29 IMPLICATIONS • Wendy’s should try a different technique to position themselves in the consumer’s mind. They need to create brand equity so they can be remembered even when they aren’t showing advertisements. • Wendy’s needs to take advantage of their position of “high value for a higher price.” They need to find an incentive for consumers to be willing to spend that extra dollar. • A large reason why Wendy’s wins consumers over other brands is their healthy menu. Their advertisements need to make the healthy menu appeal to the target market. • Although “Where’s the Beef” was successful, Wendy’s needs to keep up on their innovation and have more of a variety of advertising so that consumers don’t get annoyed with the brand.
  • 30. THANK YOU FOR YOUR TIME IF YOU HAVE ANY QUESTIONS REGARDING OUR ANALYSIS, PLEASE FEEL FREE TO CONTACT ALEX GRIMBLE, CHRISTIE SEITZ, OR MOLLY MCGOWAN FROM FOX MARKETING CONSULTANTS FOR A FURTHER EXPLANATION.