Preview

Marketing Strategies of Mcdonalds

Powerful Essays
Open Document
Open Document
3663 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Strategies of Mcdonalds
NMIMS UNIVERSITY

McDonald’s : Behind The Golden Arches
Customer Acquisition and Retention

Group RITABRATA GHOSH (316) M.S. DEEPAK BALAJI (339) JIGAR SHAH (350) NIKET SHERLEKAR (354) DISHANT SIDANA (357)

The McDonald’s Story - Genesis..........................................................................2

McDonald’: Behind The Golden Arches

Business Model.....................................................................................................3 McDonald’s in India.............................................................................................4
Challenges in Entering Indian Markets............................................................4

Segmentation, Targeting and Positioning.............................................................4 Customer Perception and Customer Expectation ................................................6 McDonalds Marketing Mix (5 P’s).......................................................................6 The McDonald’s Experience..............................................................................10 McDonaldizing the Suppliers.............................................................................12 Importance of PLC in McDonalds......................................................................13 Competitors Analysis..........................................................................................14
Two Dimensional Perceptual Mapping...............................................................15

SWOT Analysis..................................................................................................15 The Road Ahead.................................................................................................16 Exhibits...............................................................................................................17
1. McDonald’s Indian Menu............................................................................17 Survey



References: 1. “Marketing Management” – Dr. Rajan Saxena 2. “McDonalds – Behind the Arches” – John S Love 3. www.Mcdonaldsindia.com 4. Outlet Manager – McDonald’s Vile Parle 23 | P a g e

You May Also Find These Documents Helpful

  • Good Essays

    When McDonald's India launched in 1996, urban Indians in Mumbai and Delhi typically ate out three to fives times a month, according to AT Kearney, the management consultancy. In the 12 years since then, that average frequency has doubled and analysts forecast that by 2011 the Indian quick service restaurant market will be worth 30,000 crore (about $6.3bn at October 2008 exchange rates). But from their earliest investments in India, multinational company (MNC) owners of restaurant chains have struggled to adapt to the needs of India's many markets. Some pulled out of the country after failed ventures. At the time, consolidation of the hugely fragmented Indian retail sector had also barely begun, and there was scepticism that Indians would prefer burgers and fast food to local food offerings. However, in the intervening decade, McDonald's has continued to open new outlets in the country, evolving its marketing strategy through several phases. Twelve years of McDonald's India McDonald's India was set up as a 50:50 joint-venture between McDonald's at a global level and regional Indian partners such as Hardcastle Restaurants Private Limited in western India, and Connaught Plaza Restaurants Private Limited in northern India. The first Indian McDonald's outlet opened in Mumbai in 1996. Since then, outlets have begun trading in metropolitan and Tier II towns across the country. By September 2008, it had premises in Mumbai, Bangalore, Baroda, Pune, Indore, Nasik, Chennai, Hyderabad, Surat and Ahmedabad. Amit Jatia, Managing Director, McDonalds India, said: "The past decade has witnessed a marked change in Indian consumption patterns, especially in terms of food. Households in middle, upper, and high-income categories now have higher disposable income per member and a propensity to spend more." Phase I: Launching the brand The starting point for McDonald's India was to change Indian consumers' perceptions,…

    • 1182 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Marketing Mix of Mcdonalds

    • 2690 Words
    • 11 Pages

    Marketing mix must focus on the product, pricing, promotion, and placement of item in order to make it successful. Marketing strategies must feature customer orientation, input, and accessibility in the fight to the top of the market. McDonald's is no different. An example of this is illustrated with a comparison of McDonalds and Wendy's. At first glance, they may appear to have roughly the same marketing mix and target markets. Both are fast food and provide similar products. However, looking closer, one can recognize that McDonald's primary target market is children ages 3-11 and their parents. McDonald's understood that the parent was making the purchasing decision, most likely based on price.…

    • 2690 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The Global Business Strategy of McDonald and how it reached All the Corners of The World at Lesser Cost This report presents how McDonald’s has achieved enormous success, its best practices in the global food industry, international growth trends and effect on its operating income and number of increasing restaurants across the globe from their expansion in foreign countries.…

    • 6930 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    A key element of McDonald's strategy since the beginning has been the policy of the company to own all property on which a McDonald's outlet was built, regardless of whether that location was franchised or company-owned. Rental income varies from property to property, but it has been estimated that McDonald's generates more money from its rent than from its franchise fees. McDonald's real estate holdings and rent generated from these holdings are an important component of the company's value and income. McDonald's is unique in the fast-food industry in that it owns much of its real estate. In most cases, McDonald's restaurants are located on prime high-traffic real estate that is highly visible and easily accessible. McDonald's conditions for a franchise location include a corner lot with at least 35,000 square feet of land whose entrance and exit were facilitated by a traffic light. McDonald's also earns money by marketing excess land. The company was also testing new methods for raising revenue, such as selling retail merchandise in certain stores.…

    • 852 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Mcdonald's Marketing Program

    • 5187 Words
    • 21 Pages

    The story of McDonald’s began in 1940 when Dick and Mac McDonald open their first car hop in San Bernardino, CA which had a large menu and employees served customers while they sat in their vehicles. In 1948 the brothers redesigned the location to include a walk-up self-service counter and drive-in, simplified the menu to only 9 items and opened a second location. In addition to burgers and fries, the McDonald’s brothers served milkshakes made with an appliance called a Multimixer which they bought from a salesman by the name of Ray Kroc, who, in 1949 visited the brothers in San Bernadino to supply them with additional Multimixers.…

    • 5187 Words
    • 21 Pages
    Good Essays
  • Powerful Essays

    Mcd Customer Satisfaction

    • 1383 Words
    • 6 Pages

    McDonald is one of the world’s chain of hamburger fast food restaurants, serving nearly 47…

    • 1383 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    This is to certify that the Institutional training report entitled “McDonalds Marketing in India” submitted in partial fulfillment of the requirements for the degree of Bachelor Of Commerce is a record of the bonafide work carried out by S.VIKRAM (ROLL NO: 10BCO053) under the guidance of me and no part of this has been submitted for the award of any Degree or Diploma. The work has not been published in journal or magazine.…

    • 12620 Words
    • 41 Pages
    Powerful Essays
  • Better Essays

    The very first McDonalds restaurant was opened in Plaines, Illinois in 1955. In 1954 Ray Kroc approached the McDonalds brothers with the thought of starting a new company. In 1965 McDonalds went public, some twenty years later in 1985 it was added to the Dow Jones Industrial Average. McDonalds has gone through quite a bit of changes through the years exposing of several CEO’s, but found its man in 2004 in Jim Skinner. He has made a recovery in the business as he joined when the company took its first quarterly loss. Revenue rose to neraly11% during 2006 and the net profits also climbed. The profits climbed because the new CEO focused on customer service, changing the menu to customers change in tastes for food, and the structural look of his restaurants and modernizing them.…

    • 1034 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Mcdonalds Marketing Mix

    • 64442 Words
    • 258 Pages

    Charalambos Louca Americanos College Joseph S. Joseph, University of Cyprus, Cyprus Kalliope Agapiou-Josephides, University of Cyprus, Cyprus Krassimira Ilieva, Bulgarian Academy of Sciences, Sofia, Bulgaria Leonidas A. Phylactou, Cyprus Institute of Neurology & Genetics, Cyprus Marianna Sigala, University of the Aegean, Greece Mary Koutselini-Ioannidou, University of Cyprus, Cyprus Mary Vaxevanidou, Patras Greek Open University, Patras, Greece Paul Verweel, University of Utrecht, the Netherlands Povey Ghislaine, University of Wolverhampton, Wolverhampton, UK Savvas Katsikides, University of Cyprus, Cyprus Sean W. Cleary, York University, Toronto, Ontario, Canada Sergey Belousov, Bulgarian Academy of Sciences, Sofia, Bulgaria Sofiane Aboura, Essec Business School, France Suzanne Gatt, University of Malta, Malta Tasos Anastasiades, Former Director of the Ministry of Finance, Cyprus Vasiliki Vrana, Technological Educational Institute of Serres, Serres, Greece Vasilios Grammatikopoulos, University of Thessaly-TEFAA, Trikala, Greece…

    • 64442 Words
    • 258 Pages
    Good Essays
  • Better Essays

    Acknowledgements Group 6: Akanksha Ganju – 2 Naushita Jaising – 16 Avinash Sharma – 33 Shivangi Kanodia – 38 Shruti Rastogi – 39 Aakash Dhurka – 60…

    • 4019 Words
    • 17 Pages
    Better Essays
  • Powerful Essays

    Everything has started when Patrick McDonald opened “The Airdrome” in California at 1937. After 3years his two sons, relocated the whole building and opened the restaurant with a new name “McDonald’s Bar-B-Que Restaurant. It was a typical drive-in featuring a large menu and car hop service.…

    • 9240 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    This study shows how McDonald's continually aims to build its brand by listening to its customers. It also identifies the various stages in the marketing process.…

    • 1836 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Marketing Plan of Mcdonald

    • 2854 Words
    • 12 Pages

    Aiming to be the world 's best quick service restaurant, McDonald 's Pakistan opened its doors in September 1998 at Lahore and presently operating in six major cities with a network of 20 restaurants. With a strong belief in the Ray Krock phrase when you are green you are growing, McDonald 's Pakistan has an aggressive plan to expand in all other cities of Pakistan and is rapidly growing with the focus to provide friendly and quick service restaurant experience to our customers.…

    • 2854 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    Mcdonalds Marketing Mix

    • 273 Words
    • 2 Pages

    The consumers are parents that have children and bring their kids into McDonald’s for a treat. Children love visiting McDonald’s because it’s a fun place to eat. Business customer visits McDonald’s for something quick, tasty and able to eat in the car and have time to go back to work. The teens like the prices because it’s affordable.…

    • 273 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    “McDonald's Corporation (MCD, Trade ) today announced strong results for the second quarter ended June 30, 2011, driven by growth across all areas of the world.…

    • 1025 Words
    • 5 Pages
    Good Essays