McDonald Marketing Mix Analysis Assignment

McDonald Marketing Mix Analysis Assignment Words: 1421

The present corporation dates Its founding to the opening of a franchised restaurant y Ray Crock, In Des Plainest, Illinois on April 15, 1955, the ninth McDonald’s restaurant overall. Crock later purchased the McDonald brothers’ equity In the company and led its worldwide expansion. Now the company has become a symbol of globalization and the spread of the American way of life. Its prominence has also made it a frequent topic of public debates about obesity, corporate ethics and consumer responsibility.

The following graph shows the global penetration by McDonald’s over the years:Linda Calling the mid sass, a spate of global fast food chains entered India opining to capture a part of Indian fast food segment. They knew that gaining acceptance locally and blending into the Indian culture proved difficult. It was at this time only that McDonald’s began to look at the Indian market sometime in 1990, when its executives started making exploratory trips. By 1994, some international suppliers of McDonald’s had visited India to Identify local partners.

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Meetings with agriculturists were conducted with a view to set up a supply chain. Finally, all this fructified when a 50:50 Joint venture was entered between McDonald’s and Hardest Restaurants Pet. Ltd in April 1995. In October 1996, McDonald’s opened its first Indian outlet in Vacant Viral, an affluent residential colony in Indian’s capital, New Delhi. Today, McDonald’s has 137 restaurants mainly spread across the North and the west. McDonald’s also opened its doors to South India with its first restaurant in Bangor in Cot. 2004.

McDonald’s has big expansions plans, and is now looking at penetrating the east and south. McDonald’s India has developed a special menu with vegetarian selections to suit Indian tastes and preferences. McDonald’s does not offer any beef or pork items In India. Only the freshest chicken, fish and vegetable products find their way Into the Indian restaurants. In addition, McDonald’s has re-formulated some of its products using spices favored by Indians. Among these are McVeigh burger, McCall Tike burger, Vega. Pizza Mockup and Chicken McGill burger.

It has also created goggles sandwich sauces for the larger variety to the vegetarian consumers. McDonald’s 4 Pest’s Marketing Maxilla major marketing management decisions can be classified in one of the following four categories:l . Production important point to remember while preparing a menu is that your customer has a choice. As the customers have wide options for spending their money, McDonald’s emphasizes considerably on developing a menu which the customer wants. However what is liked today by customers may be disliked tomorrow, as the customers’ choice change over time.

Marketing continuously monitors customers’ preferences. McDonald’s continuously monitors its products for lifestyle management and phases out the old ones with the introduction of new ones. Products go through a life cycle, which is illustrated below:McDonald’s has in its menu products with Indian names, like Maharajah, McCall Tike, made using Indian spices. Although McDonald’s is primarily known for its burgers, but burgers are not the only products served. McDonald’s has a variety of products like Pizza, Wraps, fries both in Vega and non Vega categories.

Apart from the standalone pizza, wraps and other products they also have these served as combos and meals like, the Vega combo meal which has McVeigh burger with French fries and a beverage. Happy meals are other combo meals which are targeted towards children, these include a burger with beverage and there is a toy which children can play with and take home. McDonald’s also has birthday celebrations offers for children. McDonald’s discontinued its beef and pork products once they found out that it was not a good idea to sell them in the Indian market.

As for thousands of years, Indian’s Hindu culture has revered the cow and they do not eat cow meat. In addition a large number of Muslims in India does not eat pork, who do not eat pork. To respect and adapt to Indian culture, McDonald’s developed an Indian version of burgers made from mutton and chicken. McDonald’s started pure vegetarian products in India for the first time realizing that a large fraction of the Hindu population in India was vegetarian; it also focused on goggles products e. . Burgers with goggles Mayonnaise.

For the vegetarian population of India, McDonald’s segregated its vegetarian and non-vegetarian products preparation and serving. McDonald’s provided highest quality products to its customers, it started working on that even before it had come to India, and developed a cold chain distribution system to ensure fresh delivery of the ingredients. Symbol of McDonald’s. It is a pair of stylized arches, one at each side of what used to be a walk-up hamburger stand. When viewed from an angle, the design was reminiscent of the letter M, and was incorporated into the company’s logo.

While McDonald’s dropped the physical arches from its restaurants in the sass, the Golden Arches have remained in the logo, and as a commonly understood term for the company. Practice general perception of the customers is that the value of a product is an important determinant of the price charged. McDonald’s had a very competitive pricing. It was important to sustain customers, which was why they developed a low cost supply chain. And they made sure that they did not compromise on the quality while they provided products at low price.

It offered combo offers which had the burger, cold drink and fries. It also offered family meals. It also offers products across a wide price range, starting from Mastication which is prices as low as RSI. 20 and Miscall in Ice creams which starts from RSI. 7. Initially prices low, targeted upper class, then reduced prices of some products to increase customer base and hence sales. Promotional major contributor towards McDonald’s success is Ronald, the official McDonald’s mascot and his friends.

Ronald McDonald is an advertising mascot created in 1963, to promote the McDonald’s fast- food restaurant chain. Depicted as a smiling, friendly clown in a village of food- elated characters, he appeared in many vignettes creating a safe, pleasant fantasy for children. The highly successful advertising campaign still continues to draw in thousands of children and parents to purchase McDonald’s famous Happy Meal. The first-ever global brand campaign of McDonald’s – I’m loving’ it – has been running for over two years now and is as delectable as the food it is promoting.

With its catchy Jingle and its simplicity, the advertisement has caught the fancy of many. It has become more than Just a tagging, sparking Off new brand appeal among fast food lovers. They also advertise their happy meal on kids’ channels like Cartoon Network and also provide toys along with their kids’ meals in order to attract the kids to come to their restaurant. It also showcases itself as a restaurant which is affordable to every person in its advertisements where it shows celebrities of yester years commenting ‘Peak Zane mien Purina Zane eke Adam’.

They also conduct various events such as painting contests for kids and co-sponsoring inter-school quiz competitions. 4. Placeholders has 160 restaurants in India, and is planning to invest around car over the next three years to open around 40-60 restaurants annually. Out of RSI 400 score earmarked for national expansion, RSI 100 score would be spent for the eastern region. In the quick service category McDonald’s enjoys a market share of around 18% in the Northern India. Elaborate cold chain which supplies all the restaurants in the country. It took six years from 1991, until the system was in place. “We spent RSI. 50 score- even before the first restaurants were set up in 1996,” Amity Jan confesses. McDonald’s has always been committed to sourcing its requirements from local suppliers and farmers. They firmly believed in benefiting mutually from a partnership between McDonald’s and the local businesses. Adherence to Indian Government regulations on food, health and hygiene were a top priority.

McDonald’s India purchases more than 96% of its products and supplies from Indian suppliers. Local architects, contractors, labor and maximum local content is used in construction of restaurants. The relationship between McDonald’s and its Indian suppliers is mutually beneficial. McDonald’s focused on its image of being a family restaurant and with focus on kids, and emphasis on cleanliness. It is perceived as a friendly smiling and fast serving place. Quality checks are in place at 20 points in the supply chain.

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