MARKETING STRATEGIES OF MCDONALDS VS KFC DISSERTATION AMITY SCHOOL OF BUSINESS NOIDA UP SUBMITTED TO SUBMITTED BY PRIYANKA. A. SING H ADITYA DHEER LECTURER‚ASB BBA (M&S)-2 AMITY UNIVERSITY‚NOIDA. A3914708029 ACKNOWLEDGEMENT I would like to express my gratitude to my institution AMITY SCHOOL OF BUSINESS (ASB)
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[pic] KFC New Zealand Marketing Strategy [pic] [pic] [pic] [pic] Table of Contents Present Market Situation ____________________________________________________________ _____________ pg 3 Macro Environmental Factors ____________________________________________________________ _________ pg 3 Customer Analysis ____________________________________________________________ __________________ pg 4 Competitor Analysis ____________________________________________________________
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I become a KFC franchisee? Initial Franchise Fee = Monthly Service Fee (Royalties) = Advertising = $45‚000 (if you open a KT multi-brand restaurant‚ the fees will be $75‚000) 5 percent (5%) of Gross Sales 5 percent (5%) of Gross Sales (Includes national and local contributions) The above amounts do not include the initial investment required to construct the restaurant building‚ training expenses‚ grand opening expenses or opening inventory. Please refer to the KFC Franchise Disclosure
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McDonalds Strategy McDonalds Strategy According to the McDonalds 2010 annual report‚ the company continues to remain in a good position for success because McDonalds applies the “plan to win” strategy (McDonalds‚ 2010-2014). The concept behind the “plan to win” strategy is not for McDonalds to be the biggest fast food chain but for the company to be the best fast food chain (McDonalds‚ 2010-2014). The plan to win strategy focuses on the core drivers of the business. The strategy utilizes the five
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Abstract This report is primarily written for a comparison of the development of different market situations between KFC and McDonald’s in China‚ because of KFC and McDonald’s are extremely popular in mainland China‚ almost everyone knows these particular brands. The development of two food companies are apparently perfect‚ they really have their own problems‚ so I write this report in order to analyse and study the two Western-style fast food issues. Then finally try to use some marketing principles
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Promotion Strategy Promotion is defined as the communication with the public in an attempt to influence them toward buying a product or services. Promotion is the broader‚ all inclusive term. Promotion‚ as a general term‚ includes all the ways available to deliver a clear‚ consistent and compelling message about the organization and its brands. Promotion has four distinct elements: advertising‚ public relations‚ personal selling and sales promotion. LG will enter new product market with very
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Vans promotional strategy seems to be that they want to offer consumers the opportunity to look at what they have and even allow a consumer to go online and design their own shoe. Vans does not want to push the product on the consumer but excite the consumer about their product so they buy it and encourage others to want a Vans product. I chose the OG Slip flip flop sandal. Vans website has several stories‚ articles‚ events and educational pieces that support the sport of surfing. While I find
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The corporation started as a small drive-thru restaurant in 1948 by Dick and Mac McDonald. Ray Kroc saw the great opportunity in this fast-food and advised the two brothers to expand its operation and open new restaurants. Ray acquired franchising rights from the owners‚ the McDonald brothers and then‚ founded McDonald’s Corporation in 1955. In 1967‚ McDonald’s expanded its operations to countries outside U.S.A. McDonald started its quality journey by Ray whom was relentless in his pursuit of providing
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CHAPTER 13 4) What are the advantages and disadvantages of global promotional strategies? The global companies try to achieve a strategic position on each market they are present in. To reach that goal‚ companies need to differentiate the products from competitors‚ while holding the costs of market communication activities at lowest level. Also global companies have to make an effort to sustain advertising campaign in all the markets in which there are present‚ because wherever they live people
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“Research on preference pattern of consumers of KFC and McDonalds” RESEARCH ON PREFRENCE PATTREN OF McDonald’s AND KFC IN AHMEDABAD MARKET EXECUTIVE 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
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