Burger King’s COMPANY PROFILE HISTORICAL BACKGROUND Burger King was founded in 1954 by James McLamore and David Edgerton in Miami‚ Florida. In 1967‚ the founders sold the company to the Pillsbury Company‚ taking it from a small privately held franchised chain to a subsidiary of a large food conglomerate. In December 2002‚ Burger King was acquired by private equity funds controlled by TPG Capital‚ Bain Capital Partners and Goldman Sachs & Co. It completed a successful initial public offering in
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1. Resources: Burger King (BK) re-franchised almost all of its company-operated restaurants during 2013‚ bringing its business model to nearly 99% franchised and by the end of 2013‚ the company was left with only 52 company-operated restaurants. The advantage of the franchised model is that the company does not have to incur operating costs and can enjoy the royalties paid by the franchises. The margins for this type of model are very high‚ but it comes with number of disadvantages and risks
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Introduction 1. History of Burger king Burger King was first started in 1954‚ it was found by James McLamore and David Edgerton in Miami‚ Florida. It has become one of the popular fast food chains in the world. They offer variety choice of hamburgers‚ dessert and drinks on the menu. 2.1 Strategic purpose (Sources: Lecture slide week 4) 2.1.1 Vision The vision of Burger King is “Offering reasonably priced quality food‚ served quickly‚ in attractive‚ clean surroundings.” (Burger King home page‚ N.D) In
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History Burger King‚ often abbreviated as BK‚ is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County‚ Florida‚ United States. The company began in 1953 as Insta-Burger King‚ a Jacksonville‚ Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954‚ its two Miami-based franchisees‚ David Edgerton and James McLamore‚ purchased the company and renamed it Burger King. Over the next half century‚ the company would change
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1. What are Burger King’s communication objectives for it’s target audience? Burger King’s target consumers already know about the product‚ and since the franchise is profitable‚ we can assume that the consumers also like it. Burger King’s communications objectives are to move its target consumers into at least the “Preference”‚ but preferably the “Conviction” stages of buying process. 2. With its focus on the "super fan"‚ does BK risk alienating other customers? What are the implications
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It’ll Corrupt Your Mind In June of 2009‚ Burger King released an advertisement for the “BK Super Seven Incher” for a limited promotion in Singapore. The sexual message that this ad aims to convey is not so much hidden or subliminal as it is blatantly obvious. Not many would be able to simply glance at this ad and then go about their day. Men and women alike are drawn to the ad because they are either attracted to it or offended by it. Effective advertising usually triggers some kind of powerful
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Burger King Client Brief Prepared For: KJFaubert Agency Kathryn Faubert MRK317MT 01 Nov‚ 2013 Marketing Information Market Profile (Background/Overview) Burger King is one of the largest fast food restaurants retailing chain. The company is recognized for its signature Whopper burgers‚ which are sold through more than 12‚512 restaurants globally (Quest to reverse slumping sales). Burger King has recently been overtaken by Wendy’s‚ losing its second place within
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Burger King Expansion Strategy for International Markets March 11‚ 2013 Akash AGARWAL Debasish GHOSHAL Samarjeet SINGH MIB 34 - Introduction to International Business Burger King - Have it your way 1 Agenda Segmentation of the food service industry Burger King ► Business case of Burger King Our Approach to market entry/expansion SWOT Analysis Taiwan ► Analysis of fast food market ► Analysis of external macro-environment ► Competitive analysis and market share Indonesia ► Analysis
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to McDonalds or Burger King‚” what comes to mind would you consider the Big Mac or a Whopper? Think of how many calories that goes into each one. When you look at the Big Mac your calorie count is‚ “540 with 29 grams of fat and 45 grams of carbohydrates.” The Whopper shows‚ “670 calories‚ 39 grams of fat and 51 grams of carbohydrates.”(www.associatedcontent.com) So which is healthier‚ McDonald’s wins this one. Less calories in the Big Mac than the Whopper even though Burger King promotes flame broil
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Case Study #6 Burger King and Crispin 1. What are Burger King’s communication objectives for its tar-get audience? In 2004‚ Burger King’s CEO Brad Blum realized that in order to compete with large chains like McDonald’s and Wendy’s‚ the company needed to market their product in ways that their target market would perceive better. The first set of commercials that Crispin produced for BK where targeted more towards the mainstream media in a series of offbeat ads that were a takeoff on the comedy
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