McDonald's has seen great success expanding globally through adapting to local cultures and tastes while maintaining quality, service, cleanliness and value. When entering new markets like Europe and Asia, McDonald's tailored its menus and operations based on consumer preferences in each region. Key to McDonald's growth has been its emphasis on training employees according to strict standards and franchising its well-known brand worldwide through strategic partnerships. By understanding customers and competitors in varying environments, McDonald's has established itself in over 100 countries.
Case Study of the world's leading fast-food restaurant chain McDonald's. References: Marketing Management by Kotler. Created by Kandukuri Sai Omkar during a marketing internship under Prof. Sameer Mathur
Case Study of the world's leading fast-food restaurant chain McDonald's. References: Marketing Management by Kotler. Created by Kandukuri Sai Omkar during a marketing internship under Prof. Sameer Mathur
Presentation on Marketing of McDonalds.
Presentation on Products of McDonalds.
Presentation on Pricing of McDonalds.
Presentation on Quality of McDonalds.
Presentation on research on McDonalds.
Presentation on SWOT anlaysis of McDonalds.
Presentation on BCG Matrix of McDonalds.
THE KEY FACTORS BEHIND THE SUCCESS OF MC DONALDS IN INDIAVARUN KESAVAN
McDonalds in India. It was as early as 1989 even before the New Industrial Policy of 1991 was introduced the International Team of McDonalds visited India to identify opportunities for entry into a highly traditional and conservative market. As the company was in the process of researching and devising entry strategies the Government of India announced the New Industrial policy of 1991. This paved way for the company and there was a need to fasten its efforts to develop its entry plan into India. During 1991 to 1992 the company had setup a specialised team to understand the regulatory issues pertain to FDI in India. The FDI for this fast food restaurant chain was possible through a Joint venture with two companies in1994. The market for the West was targeted through a Joint venture with Hard castle Restaurants and the market for the North was targeted through a Joint venture with Connaught Plaza Restaurants. As the company was in the process of establishing, it already started training its employees and also setting up the supply chain the most important part of a food chain. With strenuous efforts the company was able to open shop in 1996 with its first store in Delhi and second store in Mumbai both during August1996.With a very humble start the company currently operates more than 300 restaurants in India. The strong foundation laid by Ray Kroc continues even today with the company in its vision and strong commitment in evolving into a value driven brand and recognises the brand affordability as an important proposition for its sustainability in a market like India where majority of the customers belong to the middle class giving them the blend of pure Indian taste at an affordable price.
The company is in the path of Continuous Innovation to strengthen its business model in India and to keep evolving according to the customer needs.
Presentation on Marketing of McDonalds.
Presentation on Products of McDonalds.
Presentation on Pricing of McDonalds.
Presentation on Quality of McDonalds.
Presentation on research on McDonalds.
Presentation on SWOT anlaysis of McDonalds.
Presentation on BCG Matrix of McDonalds.
THE KEY FACTORS BEHIND THE SUCCESS OF MC DONALDS IN INDIAVARUN KESAVAN
McDonalds in India. It was as early as 1989 even before the New Industrial Policy of 1991 was introduced the International Team of McDonalds visited India to identify opportunities for entry into a highly traditional and conservative market. As the company was in the process of researching and devising entry strategies the Government of India announced the New Industrial policy of 1991. This paved way for the company and there was a need to fasten its efforts to develop its entry plan into India. During 1991 to 1992 the company had setup a specialised team to understand the regulatory issues pertain to FDI in India. The FDI for this fast food restaurant chain was possible through a Joint venture with two companies in1994. The market for the West was targeted through a Joint venture with Hard castle Restaurants and the market for the North was targeted through a Joint venture with Connaught Plaza Restaurants. As the company was in the process of establishing, it already started training its employees and also setting up the supply chain the most important part of a food chain. With strenuous efforts the company was able to open shop in 1996 with its first store in Delhi and second store in Mumbai both during August1996.With a very humble start the company currently operates more than 300 restaurants in India. The strong foundation laid by Ray Kroc continues even today with the company in its vision and strong commitment in evolving into a value driven brand and recognises the brand affordability as an important proposition for its sustainability in a market like India where majority of the customers belong to the middle class giving them the blend of pure Indian taste at an affordable price.
The company is in the path of Continuous Innovation to strengthen its business model in India and to keep evolving according to the customer needs.
Vision of Ray Croc for McDonald's. McDonald's current position in international market. SWOT analysis for McDonald's. PESTEL analysis for McDonald's. Porter's Five forces of market. Conclusion. McDonald's customer satisfaction approach of business. King of international fast food chain.
This is a part submission as a requirement of Internship under professor Sameer Mathur, IIM Lucknow. The case study of my choice is Mc Donald's. Chapter No 11, Marketing Mangement, Kotler et al.
Gap analysis of Mc donalds with respect to fast food industryShashi Kumar
Gap analysis of Mc donalds with respect to fast food industry.
Gap analysis helps to identify the gap between the customers expectation and managment perception.
it help company under stand gaps internal and external
Running Head MCDONALD’S MARKETING PLAN 1 Fr.docxanhlodge
Running Head: MCDONALD’S MARKETING PLAN
1
Frieday Night with Redbox: A McDonald’s Marketing Plan
Samuel A. Sample
BUS 330 Principles of Marketing
Professor Sadeghinejad
February 16, 2016
MCDONALD’s MARKETING PLAN 2
McDonald’s Marketing Plan: Frieday with RedBox
Brand or Company Description (minimum 25 words)
McDonald’s is the world’s largest fast food chain with over $25B in annual sales and more than
35,000 retail locations in more than 100 countries (McDonald’s Corporation, 2015).
Core Products or Services (minimum 25 words)
Beyond the burgers, french fries and milkshakes that they’ve been selling since its founding,
McDonald’s sells a variety of wraps, salads, sandwiches and beverages – more than 200 items in all (The
Economist, 2015). McDonald’s locations are typically open for breakfast, lunch, dinner and late night
dining and many feature drivethru service.
A Brief History (minimum 50 words)
The first McDonald’s restaurant was opened in 1948 by Richard and Maurice McDonald. It
brought production line techniques to the burger business and challenged the dominant carhop drivein
business model. Ray Kroc was one of the earliest franchisees and the key figure in the rapid expansion of
the business after he bought out the McDonald brothers 1961. McDonald’s became a public company in
1965 and opened its first international location in 1967. Sales and locations have continued to grow every
year since.
Key current competitors (minimum 50 words)
Historically, McDonald’s primary competitors were identified to be the large fast food burger
chains like Burger King and Wendy’s. But given McDonald’s size and the expansion of their menu, the
competitive set must be viewed more broadly to include sandwich shops like Subway, other fast food
concepts like ChikfilA, more upscale fast casual restaurants like Panera and Chipotle, as well as coffee
shop chains like Starbucks and Dunkin’ Donuts.
MCDONALD’s MARKETING PLAN 3
SWOT Analysis (minimum 500 words)
SWOT Analysis: Strengths (Describe a minimum of 3 positive controllable factors)
1. Anytime, anywhere convenience
With over 14,000 locations in the U.S. alone, there’s a McDonald’s within a short drive of almost
everyone and most are open from 6am to 11pm. The number of locations also means that McDonald’s can
purchase media nationally which is more cost efficient than buying locally.
2. Brand equity
As a results of its many locations, consistent brand experiences and hundreds of millions of
dollars spent on marketing each year McDonald’s has developed a very strong brand. For example, they
ranked 5th on BrandZ’s 2014 most valuable global brand list (Rooney, 2014).
3. The Best French Fries
McDonald’s french fries are universally loved even by people who don’t otherwise like
McDonald’s food. McDonald’s fries were voted #1 in a 2015 YouGov study (Peterson, 2015).
For this informal essay, write for up to 30 minutes in response to.docxAKHIL969626
For this informal essay, write for up to 30 minutes in response to this painting: http://www.musee-orsay.fr/en/collections/works-in-focus/search/commentaire_id/la-gare-saint-lazare-7080.html?no_cache=1 -- Claude Monet's Gare St. Lazare. The Musee d'Orsay site allows you to zoom in on the image, but feel free to search the image on Google or wikipedia.
Prompt: In looking over this painting, how does it seem to capture both the promise and the threats of the emerging modern world? How would a contemporary of Monet's (i.e. someone living in his time of the late 1800s) feel about the image and the scene it portrays?
Note: it is going to be one page without double space. It has to be done in 15 hours.
Running Head: STRATEGIC PLANNING 1
STRATEGIC PLANNING 2
Strategic Planning
Samaly Rodriguez
BUS/475
June 6, 2016
Tosh Stuart
Table of Contents
Executive Summary 3
Introduction 4
McDonald’s Background Information 4
Mission and vision 4
New Business Division 5
Division of McDonald’s Menu 5
Vision, Mission and Value Proposition 6
SWOT Analysis 7
Internal and External Environmental Analysis 7
Supply and Value Chain Analysis 7
Change Management Plan 8
Strategic Objectives 8
Balanced Score Card 8
Conclusion 9
References 10
Executive Summary
Strategic planning is essential in ensuring that a business attains competitive advantage and stays relevant throughout its lifetime. This study discusses the strategic planning of McDonald’s with the proposal of menu division. This division seeks to offer McDonald’s full menu all daylong so that customers can acquire any food they wanted any time of the day. A SWOT analysis provides the status of this intervention while the management plan outlines the strategic objectives, balanced score card and the communication plan in relation to the division.
Introduction
Strategic planning is essential to ensuring a business remains relevant in the market throughout its life. This study provides the strategic planning of McDonalds whereby division of its menu has been proposed to ensure its competitiveness. The SWOT analysis of this division is also provided whereby the probable impacts of the division on the organization are outlined.McDonald’s Background Information
McDonald’s entails a chain of restaurants offering fast food products across the world in over 100 countries. The company came into existence in 1940 and established into McDonald’s Corporation in 1955. It is the largest fast food restaurant chain in the globe with over 36,000 outlets globally as well as serving over 60 million customers daily. McDonald’s provides different products within their menu, and this is dependent on the country of operation. However, the dominant products include hamburgers, soft drinks, desserts, various chicken types and flavors as well as vegetarian food. Either the products are all offered as “eat in” or “take out” hence the customers have the option of either carrying their food home or eating at t ...
this ppt is about the social media strategies taken by the starbucks in order to keep customers retention value. this ppt is mixed up with the reference of some of the ppt from the slideshare
this is summer internship program project, this projects helps for the promotional activities and strategies used by the company. i referred some of the project to develop this project. this includes literature review and marketing mix and promotional mix strategies. this project also included with home loans industry in india
Rich dad poor dad book a briefy summary. tells about how rich teaches their children about money that poor dad does not and also tells about savings and start ups
Rich dad poor dad book presentation. tells about how rich teaches their children about money that poor dad does not and also tells about savings and start ups
royal Enfield case study and report. over all history of royal Enfield. advertisement strategy of Royal Enfield from 19th century to present. products of Royal Enfield from beginning to present.
Piccola Cucina is regarded as the best restaurant in Brooklyn and as the best Italian restaurant in NYC. We offer authentic Italian cuisine with a Sicilian touch that elevates the entire fine dining experience. We’re the first result when someone searches for where to eat in Brooklyn or the best restaurant near me.
At Taste Of Middle East, we believe that food is not just about satisfying hunger, it's about experiencing different cultures and traditions. Our restaurant concept is based on selecting famous dishes from Iran, Turkey, Afghanistan, and other Arabic countries to give our customers an authentic taste of the Middle East
Roti Bank Hyderabad: A Beacon of Hope and NourishmentRoti Bank
One of the top cities of India, Hyderabad is the capital of Telangana and home to some of the biggest companies. But the other aspect of the city is a huge chunk of population that is even deprived of the food and shelter. There are many people in Hyderabad that are not having access to
Key Features of The Italian Restaurants.pdfmenafilo317
Filomena, a renowned Italian restaurant, is renowned for its authentic cuisine, warm environment, and exceptional service. Recognized for its homemade pasta, traditional dishes, and extensive wine selection, we provide a true taste of Italy. Its commitment to quality ingredients and classic recipes has made it a adored dining destination for Italian food enthusiasts.
Ang Chong Yi Navigating Singaporean Flavors: A Journey from Cultural Heritage...Ang Chong Yi
In the heart of Singapore, where tradition meets modernity, He embarks on a culinary adventure that transcends borders. His mission? Ang Chong Yi Exploring the Cultural Heritage and Identity in Singaporean Cuisine. To explore the rich tapestry of flavours that define Singaporean cuisine while embracing innovative plant-based approaches. Join us as we follow his footsteps through bustling markets, hidden hawker stalls, and vibrant street corners.
2. SUMMARY OF THE CASE
1955 Ray Kroc opened first Mc Donald’s in USA
In 1983 more than 6000 restaurants in USA
1967 opened first in Canada(international)
By 2001 it covered 121 countries, 29000 outlets
14 years of regress planning lead to success in
European market(Moscow) with 27000 customers daily
3. SUMMARY OF THE CASE
This case study examines the positive way in which McDonald's is
responding to changing customer habits and increased levels of
competition.
o Introduction of traditional menu according to the culture.
o Introduction of QSC&V and training of employees in cooking
and customer service(Hamburger university and skills in 22
languages)
Pricing is becoming more critical to decision-making - McDonald's
introduced BIG MAC index to evaluate the currency of the country and
buying power of the customer
4. SUMMARY OF THE CASE
Demographic scanning , customers according to age
(children and adults)
Using same competitive strategies world wide by
concentrating heavily on advertisement and establishing there
brand
Business structure— frank franchises 66% , joint venture in
east , company operated restaurants 21% and developed
license similar to franchises with no company investment
Threats with competitors like KFC, Pizza hut , Burger King
5. 1. WHAT OPPORTUNITIES AND THREATS DID MC
DONALD'S FACE? HOW DID IT HANDLE THEM?
WHAT ALTERNATIVES COULD IT HAVE CHOSEN
6. SWOT ANALYSIS
Strengths:
•Training and monitoring the franchises
•QSC&V
•Broad geographic locations
•McDonalds standard and conformed changes in large areas
efficiently
Weaknesses:
They are lagging in innovations
Low differentiation
7. Opportunities:
New products
More franchises - less risk
Increasing demand for fast food
THREATS
o Tough competition by KFC,BURGER
KING,PIZZAHUT
o Local fast food restaurants chain
o Currency fluctuation
8. How they handled:-
By appointing skilled staff
Opened new outlets
According to culture and customer choice
Alternatives
McDonald opened many Quality Assurance
Centers US, Europe, and Asia.
It also supports training and coaching in 22
languages to reach 100% customer
satisfaction.
9. 2.BEFORE MC DONALD'S ENTERED THE
EUROPEAN MARKET, FEW BELIEVED THAT FAST
FOOD COULD BE SUCCESSFUL IN EUROPE. WHY DO
YOU THINK MC DONALD'S SUCCESSES? WHAT
STRATEGIES DID IT FOLLOW? HOW DID THESE
DIFFER FROM ITS STRATEGIES IN ASIA?
10. McDonalds stay in close contact with its customers,
who want good taste, fast & friendly services clean
surroundings, and quality.
It is interesting that McDonalds was one of the first
restaurants in Europe to welcome families with
children.
they are also entertained with crayons and paper, a
play land, and clown Ronald McDonald, who can
speak 20 languages.
11. STRATEGIES
More importance to QSC&V.
Training of employees in how to operate McDonald
restaurant
Proper selection procedure for hiring.
Heavy advertisement for promotion.
In Asia people wants food as per their taste and culture
whereas, in Europe it doesn’t require as they want
luxuries services.
12. 3. WHAT IS MCDONALDS BASIC PHILOSOPHY? HOW
DOES IT ENFORCE THIS PHILOSOPHY IN ADOPT TO
DIFFERENT ENVIRONMENTS?
13. BASIC PHILOSOPHY
Be first in the market
Establish the brand rapidly by heavy advertisement
Knowing the needs & wants of customers
Different marketing strategy for different
environment
These philosophy were adopted by:-
Providing different traditional menus in different
countries as per their local food preparation law
14. 4. SHOULD MCDONALDS EXPAND ITS MENU? IF YOU
SAY NO, THEN WHY NOT? IF YOU YES, WHAT KIND OF
PRODUCTS SHOULD BE ADD?
15. McDonalds do not need to expand its menu.
McDonalds has been famous and liked for its very
short and well prepared traditional menu, which
people loves to have in their day to day life.
Even expanding the menu requires more
resources for varieties and more skilled persons.
Though it can add some items according to
regional taste but it should not change its traditional
menu of burgers.
16. 5. WHY IS MCDONALDS SUCCESSFUL IN MANY
COUNTRIES AROUND THE WORLD?
17. Analyzing strength and utilizing opportunities to
overcome threats and weakness.
Proper marketing strategy
Providing services as per customer taste and
culture.
Maintaining QSC&V always
Overall focus on customer satisfaction