Preview

Assessment Task1 Implement marketing strategies and tactics

Good Essays
Open Document
Open Document
1127 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Assessment Task1 Implement marketing strategies and tactics
Assessment Task1
In this report I would select McDonald’s Co. to review their marketing plan, and then determine their strategies and tactics that relate to the company’s stakeholders implementation roles.

McDonald's is known as one of the best-known brands worldwide, which has main aims to build its brand by listening to its customers. It also identifies the various stages in the marketing process. Branding develops a personality for an organisation, product or service. The brand image represents how consumers view the organisation.

Branding only works when an organisation behaves and presents itself in a consistent way. Marketing communication methods, such as advertising and promotion, are used to create the colours, designs and images, which give the brand its recognisable face. At McDonald's this is represented by its familiar logo - the Golden Arches.

Marketing involves identifying customer needs and requirements, and meeting these needs in a better way than competitors. In this way a company creates loyal customers. The starting point is to find out who potential customers are - not everyone will want what McDonald's has to offer. The people McDonald's identifies as likely customers are known as key audiences.

The stakeholders of McDonald may include as lists below.

Crews and managers
According to the marketing strategies of McDonald’s is to build a brand awareness by providing consistent levels of service and quality products, the employees may need to develop their work potential by attend to the training and development programs, including from food preparation to logistic and also the leadership skills.

Human resources staff
Human resources staff recruits or arranges the training program for staff and also offer good career progression to meet the standard requirement of marketing plan implementation. The human resources staff has plans for a certification program which will govern how employees progress from the crew to the

You May Also Find These Documents Helpful

  • Powerful Essays

    Consumers are effectively able to correctly identify McDonalds based on its products, taglines, services and campaigns. According to the article, “McDonald's Brand Strength Still Dominates Its Peers”, McDonald's spent $787.5 million on advertising in 2012, which was much higher than its competitor Burger King, which spent $48.3 million. Brand recognition has a direct correlation to revenue as the same article reported that in 2013, the average revenue for a domestic McDonald's restaurant versus a domestic Burger King restaurant: $2.6 million vs. $1.12 million. McDonalds understands the strength in brand recognition and knows how to cater to its different audiences, which is why to date, McDonalds has had more than 23 slogans, which vary depending on the country it’s reaching.…

    • 1715 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    McDonald’s is a fast food giant and is one of the best known burger chains in the world. McDonald’s builds its brand equity by listening to its customers and continually adjusting its communication and marketing methods. Because McDonald’s faces stiff competition around the world from other fast food chains it must continually adapt. This paper will show how McDonald’s is segmented in the fast food industry, its target markets, and the selection process for that target market. Developing a marketing strategy is very important and to do that it is important to understand the company’s target customers. Once the customer base is understood, communication to that customer base is easier. This also translates into marketing to the customer base in the most effective way possible. McDonald’s segmented its products by psychographic, behavioral, and demographic characteristics. Their products are targeted at children, students, families, and business-people. The immense size of these market segments is why McDonald’s targets them, and the growth rate projections come into play as well. These segments tend to generate massive profit margins.…

    • 1131 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Final Paper

    • 760 Words
    • 3 Pages

    Establishing an image helps corporations better express their identities. When discussing image, the term logo is introduced. Argenti P. stated that logos are important due to their visual nature. “This visual element symbolizes the brand and can play a large role in establishing an emotional connection with the product” (Kenni Z. 2011). In other words, the image of a corporation is how it identified. For example, the golden arches forming the shape of the letter “M” is how McDonalds is identified among its constituencies. “To stand out from their competitors, every company needs to have a good brand image, to create a niche in the client’s mind by having a unique, pleasing appearance and identity” (“What is Corporate”). In order to establish these two elements, corporations have to develop a branding strategy.…

    • 760 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    2. Branding is about the totality of a customer's experience. Your brand is about everything you do which impinges on the consciousness of the customer and, more importantly, it is about everything s/he thinks you do. Some experiences carry greater weight than others. Some experiences have been forgotten entirely consciously by your customer, but are nevertheless of paramount importance in the way s/he views you. Customers build brands piecemeal. They build a story about you based upon their experience. They see your products in certain shops. They heard one of your people on the radio. Somebody told them about an experience they had with you - actually, they got the name wrong. Your brand logo reminds them of daffodils. Your customer owns your brand - you do not. Your job is to behave as consistently as possible.…

    • 956 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Jamba Juice Case Study

    • 3178 Words
    • 13 Pages

    Cited: Brandau, Mark. McDonald’s: A look at brand marketing. 24 June 2011. 26 October 2011 <http://www.nrn.com/article/mcdonald’s-look-brand-marketing>.…

    • 3178 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Macdonald's SWOT

    • 1428 Words
    • 6 Pages

    McDonald’s has a very strong brand name and image, and is widely recognised all over the world. This strong branding and reputation lends strength to the organisation. By having restaurants in more than 118 countries (McDonald’s Singapore, 2013), the brand of the company is extremely powerful and the image of the brand is recognised everywhere.…

    • 1428 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Case Study on Mcdonald's

    • 3446 Words
    • 14 Pages

    “McDonald 's brand mission is to "be our customers ' favorite place and way to eat." Our worldwide operations have been aligned around a global strategy called the Plan to Win centering on the five basics of an exceptional customer experience – People, Products, Place, Price and Promotion. We are committed to improving our operations and enhancing our customers ' experience.”…

    • 3446 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Haze

    • 518 Words
    • 3 Pages

    In order to make their products relevant to a variety of consumers, companies use targeting marketing, marketers identify specific segments of the population in positioning their products to appeal specifically to that segments, at MacDonald’s segmenting is central to their marketing strategy. The burger giant takes a different approach to segmenting in most companies.…

    • 518 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mcdonald's Marketing

    • 8116 Words
    • 33 Pages

    McDonalds is one of the best known brands worldwide. This project shows how McDonald’s continually works to build its brand by listening to its customers and it also determines the various stages of its marketing process.…

    • 8116 Words
    • 33 Pages
    Good Essays
  • Good Essays

    Mcdonalds Marketing Case

    • 487 Words
    • 2 Pages

    As we read in the article, the key elements in McDonald’s marketing strategies would be the following: They sell inexpensive food. Compared to other restaurants, McDonald’s food has a good taste and is easily available for everyone economically. Another element would be their quick service. Since they are a fast food restaurant, one of their main standards is to attend and serve the customer as fast as possible, leading to instant and receptive satisfaction from the customer. A really important element that leads McDonalds to become successful is their clean, familiar environment. In most of their locations, features such as the famous “Play Place” keep customers coming back. Children are a very important group for their selling strategies. As well as any other business, McDonalds is into advertising in every way and promoting as best as they can.…

    • 487 Words
    • 2 Pages
    Good Essays
  • Good Essays

    You are required to choose a (B2B, B2C, C2B or C2C) business and based on the history of the business in the last ten years answer the following four questions…

    • 712 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Singapore Fast Food War

    • 2379 Words
    • 10 Pages

    This case study will analyze customers, competitors and communication of McDonald’s because it is one of the most well known brands worldwide.…

    • 2379 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Introduction A strong, unique brand is the most valuable asset of any business – it represents its identity, its products and services and manages to differentiate them from its competitors. It is not only a visual reception, a name, a term, a sign, a symbol or a combination of all these. A brand can be described as the set of perceptions and images that represent a company. It is…

    • 3108 Words
    • 13 Pages
    Better Essays
  • Satisfactory Essays

    Branding Developing a brand strategy can be one of the most difficult steps in the marketing plan process. It's often the element that causes most businesses the biggest challenge, but it's a vital step in creating the company identity. The brand identity will be repeatedly communicated, in multiple ways with frequency and consistency throughout the life of The business.…

    • 568 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Process

    • 2578 Words
    • 11 Pages

    Marketing involves identifying customer needs and requirements, and meeting these needs in a better way than competitors. In this way a company creates loyal customers. The starting point is to find out who potential customers are - not everyone will want what Noraini’s has to offer. The people Noriani’s identifies as likely customers are known as key audiences.…

    • 2578 Words
    • 11 Pages
    Powerful Essays

Related Topics