marketing case study - mcdonald's

21
Intro one of the world's largest restaurant chains

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Page 1: Marketing case study - McDonald's

Intro

one of the world's largest restaurant chains

Page 2: Marketing case study - McDonald's

You guessed it right…

Page 3: Marketing case study - McDonald's

History• Founded in 1940 as a barbecue restaurant

operated by Richard and Maurice McDonald

• Businessman Ray Kroc joined the company as a franchise agent in 1955 and subsequently purchased the chain from the McDonald brothers

• The original mascot of McDonald's was a man with a chef's hat on top of a hamburger-shaped head whose name was "Speedee"

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Today

• Serving approximately 68 million customers daily in 119 countries across approximately 36,615 outlets

• According to a BBC report , McDonald's is the world's second largest private employer 1.5 million of whom work for franchises

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Strengths

• McDonald’s is admired for the quality it delivers

• It offers products at cheap prices

• The company is known for its customer service

Weakness

• Poor home delivery Systems

• ‘Unhealthy’ foods• Inflexible to change in

market trends

Internal Assessment

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Opportunities

• Huge potential market to expand

• They offer breakfast products

• Positive environmental commitments

Threats

• Faces religious and political confrontations

• Changing consumer preferences

• Strong competition

External Assessment

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Products

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Price

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Different sets of Prices

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Places

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Promotions

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What are the McDonald’s core brand values? Have these changes over the years?

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Value their Customer Maintain their quality

Give back to society Ensure great management system

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How has McDonald’s grown its brand equity over the years? Has McDonald’s changed in different economic times or in different parts of the world?

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Family Restaurant Fast Drive Thru

Clean & well furnished interiorBreakfast meals

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India America

JapanVariations in Menu

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What risks do you think McDonald’s will face in future?

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Health

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SUMMARY

History Internal and External Assessment 4 Ps

Core Brand Values Brand Equity Growth Potential Risks

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DisclaimerCreated by Madhav Agrawal, BITS Pilani Goa Campus during a marketing internship by Prof. Sameer Mathur,IIM Lucknow