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The first McDonald's restaurant was opened in 1954. McDonald's serves less than one percent of the world's population. The company has more than 30,000 restaurants in 121 countries.
The first McDonald's restaurant was opened in 1954. McDonald's serves less than one percent of the world's population. The company has more than 30,000 restaurants in 121 countries.
The first McDonald's restaurant was opened in 1954. McDonald's serves less than one percent of the world's population. The company has more than 30,000 restaurants in 121 countries.
McDonalds is the largest and best known global food service retailer with more than 30,000 restaurants in 121 countries, and best known global food service. McDonalds serves less than one percent of the worlds population. The first McDonald's restaurant was opened in 1954. It was operated by two brothers Dick and Mac McDonald. McDonalds outstanding brand recognition, experienced management, high quality food, advanced operational systems and unique global infrastructure ensure a position that enables them to capitalize on global opportunities. McDonald Company has an intention to provide the best service in the fast food restaurant because service is one of the tools to incompetent the rivals and there is nothing which is comparable with outstanding service. Vision The worlds best quick service restaurant experience. World Wide Strategies 1. Be the best employer for people in each community around the world. 2. Deliver optional excellence to customers in each restaurant. 3. Achieve enduring profitable growth by expanding the brand and leveraging the strengths of McDonalds system through innovation and technology. 2.1 About McDonald's McDonald's Corporation (NYSE: MCD) is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. Headquartered in the SURVEY ON MCDONALDS
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United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth. A McDonald's restaurant is operated by a franchisee, an affiliate, or the corporation itself. The corporation's revenues come from the rent, royalties and fees paid by the franchisees, as well as sales in company-operated restaurants. McDonald's revenues grew 27 percent over the three years ending in 2007 to $22.8 billion, and 9 percent growth in operating income to $3.9 billion. McDonald's primarily sells hamburgers, cheeseburgers, chicken, french fries, breakfast items, soft drinks, milkshakes and desserts. In response to changing consumer tastes, the company has expanded its menu to include salads, fish, wraps, smoothies and fruit Mission & Values McDonald's brand mission is to be our customers' favorite place and way to eat. Our worldwide operations are aligned around a global strategy called the Plan to Win, which center on an exceptional customer experience People, Products, Place, Price and Promotion. We are committed to continuously improving our operations and enhancing our customers' experience. 2.2 History of McDonalds 1940- McDonald's BBQ opens in San Bernadino, California 1948- McDonald's opens as a "self-service drive in" with only 9 menu items 1949- They replace potato chips with the fries 1953- Golden Arches designed by Stanley Meston 1955- First franchise opened in Des Plaines, Illinois 1958- The 100 millionth burger was sold 1959- The 100th franchise was opened in Wisconsin 1962- First indoor seating implemented in Denver, Colorado 1965- The first public stock was sold at $22.50 a share 1966- Ronald McDonald made his television advertising debut 1967- The first international franchises were opened in Canada 1968- Introduced Big Mac 1973- The Quarter pounder was added to the menu SURVEY ON MCDONALDS
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1974- The first Ronald McDonald House opened Big Mac jingle is launched 1975- The first drive through and breakfast were implemented this year 1978- 5000th franchise opened in Japan 1979- Happy meals made their debut 1987- Fresh Salads were added to appeal to the health conscious 1988- McDonald's hamburgers were named in the top 100 America Makes 1996- The corporate website was launched 2008- The packaging was given a complete overhaul 2009- McDonald's awarded for being Green 2011- McDonald's now operate restaurants in 119 countries Other Requirements to Open a McDonald's 1. Significant business experience - Individuals who have demonstrated successful ownership or management of multiple business units or have managed multiple departments. 2. Rapid growth - Individuals who possess the capability to grow rapidly with McDonald's. 3. Business plan - The ability to develop and execute a business plan. 4. Manage finances well - Ability to manage finances including a thorough understanding of business financial statements. 5. Good management skills - Commitment to personally manage the day-to-day operations of the restaurant business. 6. Training - Willingness to complete a comprehensive world class training program and become proficient in all aspects of operating a McDonald's restaurant business. 7. Exceptional customer experience - The capability to effectively manage an organization that recruits, trains, and motivates restaurant employees who deliver an exceptional customer experience. 8. Good credit history - An acceptable credit history Ongoing Fees to McDonald's During the term of the franchise, you pay McDonalds the following fees: 1. Service fee - A monthly fee based upon the restaurants sales performance (currently a service fee of 4.0% of monthly sales). SURVEY ON MCDONALDS
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2. Rent - A monthly base rent or percentage rent that is a percentage of monthly sales. McDonald's usually owns the property and also acts as the landlord. Background and Benefits The business model works, and with national and international advertising, McDonalds Corporation manages to serve 27 million Americans everyday. But while owning a McDonald's restaurant is a tremendous opportunity, the company is seeking individuals with significant business experience who have successfully owned or managed multiple business units and have significant financial resources. McDonald's Corporation claims they are about growing business, making money, and having fun, and only the serious entrepreneur need apply. 2.3 Strategic Positioning of McDonalds Strategic Positioning is defined as doing different activities than the other competitors or doing the same activities differently. This is the way a company becomes a superior performer in the industry. Many people describe their positioning based on their customer base. For example, Burger King focuses on young adult males as their target customer. There strategy and positioning is directed to satisfy this sector of the market. Wendy's on the other hand has a different positioning. They base their positioning to satisfy the older health conscious individuals. They both differ from our strategy. When one simplifies things down it turns out there are only two basic types of positioning; low cost or differentiation. The company needs to select one or the other in both categories or they will achieve below average results and be mediocre. McDonalds has made itself to be the family friendly low cost restaurant in the fast food business. It has a narrow scope for a customer base and a low cost strategy. In recent years it is tending to broaden the scope to appeal to more customers. In recent years due to lost sales we have started to make the menu a more healthy option. It still tries to keep the target market narrowed down to families, but others deserve attention as well. McDonalds are focusing on cutting delivery time and cutting the cost of food and to have the most modern and technologically advanced equipment in our restaurants to make job easier. The computer operated machinery allows keeping cost low by only needing a few SURVEY ON MCDONALDS
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employees to do the work of several. It also allows employees to do it quicker. Strategy is conveyed throughout all of the business operations. Many McDonald's have dual drive-through to decrease wait time and to increase volume of customers served. It has stuck to the core market throughout the years even through the changing times. McDonalds have included playgrounds in many of the restaurants and the marketing schemes feature family friendly ads and slogans. The term happy meal is said and begged for by children worldwide and has become a house hold name. McDonald's does things differently than its competitors by marketing to the family market where as its competitors market to a broader base in some cases or to different generations such as Burger King marketing to young adults. McDonald's has positioned itself on the forefront of fast-food technology and sets the standards for the rest of the industry.
Headquarters The McDonald's headquarters complex, McDonald's Plaza, is located in Oak Brook, Illinois. It sits on the site of the former headquarters and stabling area of Paul Butler, the founder of Oak Brook. McDonald's moved into the Oak Brook facility from an office within the Chicago Loop in 1971.
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Advertising McDonald's has for decades maintained an extensive advertising campaign. In addition to the usual media (television, radio, and newspaper), the company makes significant use of billboards and signage, sponsors sporting events ranging from Little League to the Olympic Games, and makes coolers of orange drink with its logo available for local events of all kinds. Nonetheless, television has always played a central role in the company's advertising strategy.
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RESEARCH METHODOLOGY OF MCDONALDS:- METHODOLOGY OF DATA: This research will be conducted using both primary and secondary data. Primary Data collection Primary Research: It is information that does not exist until you carry out your own investigation. The mixed methods approach will be used combining primary and secondary data. One of the benefits of this is that it can overcome one of the main drawbacks of secondary data, which is that it is often not of direct relevance to your research objective. By using appropriate primary data to plug the gaps you should be able to obtain the complete picture. This might be the case where you are researching an issue within an organisation Questionnaires These are seen as a logical and easy way of collecting information from people. The research will design a series of questions related to the research topic and using a survey hand out the questionnaires to the potential subjects. Secondary data Is the data have already been collected by elsewhere for someone else for some other purpose, but which can be used or adapted for the survey being conducted Information will be collected from websites, journal, newspapers etc in relation to McDonalds OBJECTIVE OF THE SUDY The objective is to study the promotional aspect of the marketing mix which covers all types of marketing communication. One of the methods employed is advertising, sometimes known asabove the line activity. Advertising is conducted on TV, radio, in cinemas, online and using poster sites. What distinguishes advertising from other marketing communications is that media owners are paid before the advertiser can take space in the medium. Other promotional methodsinclude sales promotion, point of sale display, merchandising, direct mail, telemarketing,exhibitions, seminars, loyality schemes, door drops, demonstrations, etc. SURVEY ON MCDONALDS
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The skill in marketingcommunication is to develop a campaign which uses several of these methods in a way thatprovides the most effective results. For example, TV advertising makes people aware of a fooditem and press advertising provides more detail. This may be supported by in-store promotionsto get people to try the product and a collectable promotional device to encourage them to keepon buying the item. It is imperative that the messages communicated support each other and donot confuse customers. A thorough understanding of what the brand represents is the key to aconsistent message HYPOTHESIS OF THE STUDY:- The following are the hypotheses that have been developed to determine the reasons why MCD has become market leader in India: Hypothesis 1: Increased customization of products and services is positively related to attracting new customers. Hypothesis 2: Increased offerings across distribution channels are positively related to attraction. Hypothesis 3: Improved customer service efficiency and effectiveness are positively related to customer loyalty Hypothesis 4: food quality and value for money are important factors for customer retenti LIMITATIONS : Even though McDonalds has a huge extent in the world, has a strong strategy, well known brand and feels comfortable in a market, however, as all business it faces some difficulties or some threats and as all business has some internal weaknesses, which actually cannot be always visual for individual eyes, but can be identified only by professional economists. The summary of McDonalds weaknesses might be: Looming market saturation 16 , which can lead to difficulties in advertising new products. Fast growing and competitive market. That makes company to face income problems. Income problems and huge competition do not let the range of production rise into value ones but makes to diversify a range of cheap and quickly made ones. SURVEY ON MCDONALDS
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McDonalds is also a low innovative company. In more simple view the McDonalds might have limitations because of huge competition in fast food industry. Nevertheless, fast food industry is not a respected industry in most of nowadays point of view because of rising number of various diseases caused by fast, unhealthy food. Moreover, McDonalds food might seem more unhealthy and fatty food, rather then delicious. And there the price seemed as low doesnt help in case of quality of food.
'TECHNICAL ANALYSIS' McDonalds makes a demand for their own products. The key tool of the company for marketing is by means of TV advertisings. There are some requirements that McDonalds is inclined to interest the younger population more. Existence of game stains also toys in the meal offered by the company shows this validity. Other demonstration of such marketing strategy is obvious in advertising they use. They use recovered descriptions of the characters as Grimace and Hamburglar. Other advertising operations employ popular celebrities to promote their products. Similar became endorsees for McDonalds all over the world loving it campaign. Besides, operations of McDonalds have considerably been infused with new technology. Elements as the system of stock and management of the value chain of companys creation consider easy payments for the suppliers and other sellers with which the person supplies in the corresponding agreement on the markets. Technology integration into operations of McDonalds tends to increase cost of their products. Basically it is shown in improvements on its chain of creation of value. Improvement of stock system just as its systems of deliveries allows the company to work in the international context. 21
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REVIEW OF LITRATURE:- When people think about the franchising concept, McDonalds usually comes up first as a prime example. McDonald's is the best of the best when evaluating the franchise industry. Success of McDonalds franchisee thrives on adapting to consumer demands. McDonalds is growing at a fast pace having more than 34,000 restaurants across 120 countries serving 50 million customers daily. Today McDonalds has become the largest fast food chain in all over the world. Cost of McDonald's Franchisee It takes a lot of potatoes to make these fries so come prepared. You will need a minimum of $300,000 in non-borrowed, personal resources to be considered for a franchise. Most Owner/Operators enter the System by purchasing an existing restaurant directly from McDonalds or from a McDonald's Owner/Operator. A small number of new operators choose to purchase a new facility, but that requires an initial down payment of 40% as opposed to 25% for an existing restaurant. Intensive training addresses all aspects of operating a McDonald's restaurant. While McDonalds does not offer financing, McDonalds Owner/Operators have access to the companys established lender relationships with some of the lowest lending rates in the industry. McDonalds provides hands on training and the materials needed to become a success. With world-class training, world-class service, world-class support, and unsurpassed name recognition, McDonalds is a sure winner for franchisees seeking a serious all-in franchising opportunity with guaranteed community presence and predictable profits. All this and they still serve a shake so thick you need a spoon. Pros 1. Special Incentive Programs -Minority Fran Participant 2. Recession Proof Market - McDonald's serves more than 27 million individuals daily according to 2007 statistics. 3. World Class Training - McDonald's is recognized as a premier franchising company around the world. Training is required prior to becoming an owner/operator. SURVEY ON MCDONALDS
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Cons 1. Cost - McDonald's does not provide financing or assistance other than the special incentives for minorities. 2. No Absenteeism - McDonald's franchises are open only to individuals who are involved with the day-to-day operations of the restaurants-no absenteeism allowed. Michael Porter (1998) argues that there are five forces that affect competition. He states that the five-force framework provides the structure for analyzing effect, while activities and the value chain provide the structure for examining the competitive advantage effect. Porters five forces are useful, because it helps to understand both the strength of your current competitive position, and the strength of a position you're looking to move into. 1) Bargaining power of suppliers: in this case it is for suppliers to drive up prices. It is driven by the number of suppliers of each key input, the uniqueness of their product or service, their strength and control. Not to be under suppliers control McDonalds are producing their own products for example potato and might think of sourcing different suppliers because of the increasing prices of food and petrol. 2) Bargaining power of customers: in this case prices are driven by the number of buyers, the importance of each individual buyer to McDonalds. Due to the credit crunch buyers are choosing McDonalds as an eating out option since it will cost them more switching from McDonalds products to those of someone else. McDonalds is attracting buyers through quantity, pricing and promotions. 3) Threat from substitute products: this is affected by the ability of your customers to find a different way of doing what McDonalds does its true that McDonalds prices are affordable but there is a large number of competitors for example ready meals, sandwiches , Burger king this means they are not supplying a unique product so buyers have the choice to choose other places, and due to the credit crunch people may substitute by eating at home and not paying extra money on their meal which might weakens McDonalds power. 4) Threat of New Entry: Power is also affected by the ability of others to enter McDonalds market; it will cost them time and money to compete effectively. Although SURVEY ON MCDONALDS
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fast food industry is growing and showing an increase in sales at the mean time because of their affordable prices with the credit crunch, it makes it attractive to new business, but McDonalds have a strong and durable barrier to entry by dominating the market with established products and brand equity, so they can make it unattractive to new comers and preserve a favorable position and take fair advantage of it. 5) Industry for rivalry among existing competitors: the number and capability of McDonalds competitors are very important for example Burger King and KFC, and they offer equally attractive products and services, If buyers dont get a good deal from McDonalds, theyll go elsewhere so they need to be continually innovative new products at regular intervals to attract and retain customers, focus on below the line promotion strategies for example buy one get one free. New Product Development According to Johnson and Scholes, strategy development is a dynamic process which should be carried out on a regular basis, in order that strategies and plans can be adjusted can be adapted to changes within the organization itself and within the wider business environment. (Johnson & Scholes, 2002). Strategy development is important in that is will help McDonalds to identify their:- Strengths and weaknesses as well as the opportunities and threats facing the organizations. These give McDonalds an idea of where potential opportunities for expansion existing as well as it the company have the necessary resources in place to meet the changing organizations needs Organizational capabilities- McDonalds will be able to address issues as the availability of resources needed for any new product development. Environmental forces- by conducting a PESTLE analysis McDonalds will be able to identify the environmental forces influencing the company and they can therefore develop and implement strategies to meet these needs. Lancaster and Massingham (1988) identified the stages of New Product Development as follows: Idea generation- develop new idea for product through customer survey and brainstorming sessions SURVEY ON MCDONALDS
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Screening new ideas- this stage allows further analysis of the ideas addressing areas such as target market, size of growth forecasts, competitive pressure and feasibility of developing the product. Business analysis- concerns the financial viability of the product. Forecasting techniques are used to determine the selling prices as well profitability and breakeven point based competition and customer feedback. Product development this stage is concerned with the actual development of the product and includes prototype development. Test Marketing- involves testing the product using focus groups. Any necessary changes are made at this stage.
Commercialization- this is the final stage of the development cycle. At this stage the product is launched, the full marketing mix is engaged e.g. promotion and distributio
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CHAPTER II ANALYSIS I DATA ANALYSIS AND INTERPRETATIONS:-
Q.1 Do you think fast food is good for our health?
DATA INTERPRETITION: From the table it is inferred that out of 40 respondents the company expect to create good word of mouth 70% have yes and 30% have No
40% 60% Fast food yes No SURVEY ON MCDONALDS
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Q.2 Do you like fast food?
DATA INTERPRETITION: From the table it is inferred that out of 40 respondents,60% customers have strongly like the fast food ,10% have rarely ,20% have only on get together ,10% have dont like the fast food.
60% 10% 20% 10% Very much Rarely Only on Get-together Dont Like SURVEY ON MCDONALDS
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Q.3 .How frequently do you visit Mcdonalds?
DATA INTERPRETITION: From the diagram above, there are 30 respondents always go to McDonald's in weekly because the foods of McDonald's are delicious and they would like to visit McDonald's in a short time. Another that, we also can know that 50 respondents go to McDonald's to buy their products in monthly. At the last, there are only 20 respondents go to McDonald's in a time of half a year or quarterly with one time.
Q 4.Which of the following restaurant do you visit the most frequently?
DATA INTERPRETITION: From the table it is inferred that out of 40 respondents,50% customers frequenly visits mcdonalds restaurant ,20% have visits in burger king ,20% have visits in kfc,30% have visits in pizza hut.
0 10 20 30 40 50 60 Mc donalds Burger king KFc Pizza hut SURVEY ON MCDONALDS
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Q 5.Which among the following is your favourite product a Mcdonalds?
DATA INTERPRETITION: From the histogram above, there are 60 respondents most favourite product is Big warm berger in McDonald's ,50 respondents favourite product is Desserts , 40% respondents likes Big mac chicken berger,McDonald's . At the last, there are only 20 respondents like Mac flietofish in McDonald's .
0 10 20 30 40 50 60 70 Bg warm berger Desserts Big mac chicken berger Mac fleoto fish SURVEY ON MCDONALDS
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Q.6 How much do you spend on average per visit?
DATA INTERPRETITION: From the above representation we can view that out of 40 respondents 70% visitors spends 200+ amount on their preferences.20% spends money between 100-200rs and 10% pay between 50-100rs.
50-100 10% 100-200 20% 200+ 70% spends SURVEY ON MCDONALDS
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Q 7.What are the unique selling prepositions of Mcdonalds?
DATA INTERPRETITION: From the above representation it is inferred that out of 40 respondents,26% customers feels that the product variety is unique. 24% feels that the products are supplied under a hygine environment. 19% say that the atmosphere is pleasant. 17% say that they provide quick service and 6% customer feels MacD is located at good place. 8% go with others.
product variety 26% Hygiene 24% Ambience 19% Quick service 17% Location 6% Others 8% SURVEY ON MCDONALDS
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CHAPTER III ANALYSIS III DATA ANALYSIS AND INTERPRETATIONS:-
Q 8.When you want to have a meal in a fast food restaurants, does MCD come to your mind?
DATA INTERPRETITION: From the diagram it is interferred that out of 40 respondents the company expect to create good word of mouth 98% have yes and 2% have No
YES 70% NO 30% SURVEY ON MCDONALDS
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Q 9.Which type of MCD promotion advertising catch your eye?
DATA INTERPRETITION: MacdD promote their type of food thorugh internet,newpaper,magazines and tv. As internet plays a vital role in todays market MacD also choose internet to promote their services. Their second highly used option is TV to grasp the eyes of childrens ,house wives, and elder peoples.The other options are magazines and newpaper.
0 5 10 15 20 25 30 35 40 Internet Newspaper Mgazines TV SURVEY ON MCDONALDS
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Q.10 Does the Mcdonalds advertising Influence you?
DATA INTERPRETITION: From the table it is interferred that out of 100 respondents the company expect to create good word of mouth 70% have yes and 30% have No
Yes 70% No 30% SURVEY ON MCDONALDS
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Q.11 If you choose Mcdonalds which aspects attracts you?
DATA INTERPRETITION: From the representation it is inferred that out of 40 respondents, environment attracts 41% customers as the environment is pleasant.Advertising attracts only 27% peoples and the taste or the food attract only 32% customers.
Advertising 27% Environment 41% Food 32% SURVEY ON MCDONALDS
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Q 12..Are you satisfied with the service provided by them?
DATA INTERPRETITION: From the table it is interferred that out of 40 respondents the company expect to create good word of mouth 80% have yes and 20% have No
80% 20% yes No SURVEY ON MCDONALDS
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Q 13.What time of the day do you prefer to eat at MCD?
DATA INTERPRETITION: From the above representation it is inferred that out of 40 respondents,45% customers prefer s to visit MacD in the evening while 25% like to go in the afternoon. 20% peoples go in the morning and 10% visit any time they wish.
0 10 20 30 40 50 Morning Noon Evening At any time SURVEY ON MCDONALDS
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Q 14.. What is the main problem you faced at McDonalds?
DATA INTERPRETITION: From the graph it is inferred that out of 40 respondents,40% customers dont have any problem while 30% customer face problem of long queues. 25% visitors have other problems like bad music,tasteless food,etc and 5% customers face problem of wrong order.
0 5 10 15 20 25 30 35 40 Long queues Wrong orders Others problem No problem SURVEY ON MCDONALDS
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CHAPTER IV SUMMARY, COCLUSIONS & RECOMMANDATION SUMMARY The international market is flooded with various sectors and industries that involve products of daily as well as occasional use for the consumers. The use of the products can vary from industrial purpose to private consumption. One such thriving industry in the modern world is the food and beverage industry. Food and beverage industry combined with the hospitality sector makes up one of the most attractive target sectors for multi-national corporations. The concept evolved from the very first diners in the late 18th century, when the world realized the concept of paid dining experience. Now, the world cannot live without the taste of a McAloo Tikki or the zing of a Zinger. The bottom line being that the order-to-eat MNCs have taken over the market like ants on a corpse, gobbling up every ounce of it.This sector has slowly covered all income groups of consumers and has targeted to achieve a market share of the highest percentage and the ever increasing competition is resulting in more profitable options for the consumers. The consumers are being served with a range of food and beverages to relish on catering every style of taste and preferences. With growing competition the food giants have take their services to a higher level with better decreased serving time, value for money prices and changing specialties in their products. The following report is a comparative analysis of the operational parameters of McDonalds andKentucky Fried Chicken (KFC) and projects an overview of various factors that differentiate the services of the two food giants. It covers factors like the product variety, customer reach, pricing strategies, hospitality management, customer relationship management, supply chain management and employee satisfaction programmes.
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CONCLUSION McDonalds will review its sales at the end of 6 months to see if there have been increases in the number of healthy foods sold as well as overall sales. Volume of new menu sales will indicate that the new products have been successful and management can then decide if to continue with the products. Customer feedback: McDonalds will conduct a post-implementation questionnaire and focus group to determine what customers think about the healthier menu. This will give the company and indicate as to whether people like the healthier option. Also it will tell them if they have attracted new customers and have therefore grown as a result of the new products. The development and introduction of a new menu will require financial investments. McDonalds will either have to source money from existing funds or from external investors. This following marketing mix will be used for McDonalds new Healthier Menu. Product McDonalds, will be offering a wider variety of salads and fruit options. This will be offered on two scales Salads for adult and fruits and fruit juice in kids meals instead of chips and sodas. Distribution McDonalds will sell these products throughout it franchised stores. Price Due to the unique quality of unique of the products McDonalds will use a premium pricing strategy with salads and healthy sandwiches. However, they will maintain their value pricing strategy with regards to the kids meals as fruits and fruits will be replaces existing foods in the meal package and are not additionally options. Promotion McDonalds will market its Healthier menu using a range of techniques for including advertising, publicity, partnership and sale promotion. TV, Newspaper and posters will be used to promote the product. They will also attempt to reform its strategic alliance with SURVEY ON MCDONALDS
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Disney to help promote the new kids meal by offering Disney character as part of the meal package. RECOMMENDATIONS .Consumers likes, dislikes tastes and preferences, health etc. have to be taken into consideration. Company has to adapts itself to the local culture. Low fat food should be launched. Cheese French fries can be a good option. They should come up with more variety of puff and rolls. In the malls McDonalds outlet should be enriched with high class restaurant and soothing music. Outlets should be there in colleges too. Company should promote games on every table. 1. Market penetration strategies This is the most frequently used strategy and focuses on increase market shares. This can be done by attracting new customers or increasing sales to existing customers. For example, the introduction of the adult burger and redecorating the restaurant to make it more attractive to adults. 2. Market development strategies This entails marketing existing products to new customer groups and regions. This strategy requires the full implementation of the marketing and focuses on finding new markets, distribution channel and promotion strategies as well as products specialisation. For example, open in new market example Singapore and Hong Kong and adapting products to suit culture needs. 3. Diversification Strategies. This concerns the development of new products for new markets. This is the most risky options, especially when the entry strategy is not based on core competences of the business. McDonalds has used vertical integration by purchasing the own potato SURVEY ON MCDONALDS
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farm as well as the factory for production of the own chips. rather than mass production. 4. Raw Material and supplier: The new menu will require different raw material than those already used so McDonalds will need to source more vegetables, salads and lower fat oils. They may need to look for new supplier or work together with existing supplier to ensure that the product required are available. 5. Product Development McDonalds innovate its products offer some deals that will attract more customers and make new product for boosting their sales and enhancing the level of profit and use the latest technology.
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WEBLIOGRAPHY www.mcdonaldsindia.com www.mcdonalds.com www.franchising.com www.entrepreneur.com www. sli deshare. net www.marketing91.com www.infobarrel.com www.aboutmacdonalds.com talkfinanceonline. com
SALES MANAGER SURVEY ON MCDONALDS
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QUESTIONNAIRE
QUESTIONNAIRE Name: ____________________ age: ________ Gender: _________ occupation: _______________ Q 1..Do you think fast food is good for our health? Yes No Q 2..Do you like fast food? Very much Rarely Only on get together Dont like Q 3..How frequently do you visit Mcdonalds? Weekly Monthly Quarterly Q 4.Which of the following restaurant do you visit the most frequently? Mcdonalds Burger king KFC Pizza hut Q 5.Which among the following is your favourite product a Mcdonalds? Big Mac Burger Desserts Big mac chicken burger Mac flieto fish Q 6..How much do you spend on average per visit? 50-100 100-200 200+ Q 7.What are the unique selling prepositions of Mcdonalds? Product variety Hygiene Ambience Quick service Location Others
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Q 8.When you want to have a meal in a fast food restaurants,will MCD come to your mind? Yes No Q 9.Which type of MCD promotion advertising catch your eye? Internet Magazines Newspaper Tv Q 10..Does the Mcdonalds advertising Influence you? Yes No Q 11..If you choose Mcdonalds which aspects attracts you? Advertising Taste Environment Food Q 12..Are you satisfied with the service provided by them? Yes No Q 13..What time of the day do you prefer to eat at MCD? At any time Morning Noon Evening Q 14.. What is the main problem you faced at McDonalds? Long queus Wrong orders Others problem No problem
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