mcdonalds - a marketing case study
TRANSCRIPT
McDonald’s - The fast-food giant
World’s leading
hamburger fast-food
chain
More than
36000restaurants
….in over 119
countries 70 million+ lovin’ it
daily
McDonald’s–The foundation…..
RICHARD McDONALD & MAURICE McDONALD
The restaurant was started as ‘McDonald’s Bar-B-Q’, a Drive-In restaurant by two brothers Richard & Maurice in San Bernardino, California, USA in 1940.
McDonald’s– owned by Ray Kroc
Ray Kroc, a simple multi-mixer salesman franchised a restaurant from the brothers and named it McDonald’s in 1955.
They offered simple foods such as the famous ‘15-cent hamburger’.
Building Brand Equity Building the right brand knowledge with right consumers i.e. families and
kids.
Building Brand Equity Choosing Brand Elements
LOGO MASCOT TAGLINE
Appealing, likeable, memorable, short, protectable
Building Brand Equity Internal Branding
The brand promise can’t be delivered unless every employee lives the brand
Managing Brand Equity Brand Reinforcement
Consistently convey the brand’s meaning in terms of its products, core benefits and audience, needs satisfied and its power.
‘Less is more..’
Managing Brand Equity Brand Revitalization
“..we got distracted from the most important thing: hot, high-quality food at a great value at the speed and convenience of McDonald’s”
Back-to-the-basics after restaurant expansion and brand value started failing.
Refocus on core value delivery at every step of service.
Greater emphasis on satisfying customer needs and customer needs only.
Managing Brand Equity Brand Revitalization
Global Market Growth Strategy Franchising
In 1980s and 1990s, the company was opening around 2000 restaurants per year all over the world !!
Brand Strategy Product Line & Category Extensions
Within the current serving categoryBrand entering different product
categoryAlso Adapting to local tastes,
cultures and environment
Side-effects of franchisingIndirect Dilution of brand value
Services below specified standards
Untrained and unskilled staff