Marketing Report: McDonald's Performance, Strategy and Analysis

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Added on  2023/02/02

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This report provides an overview of McDonald's marketing strategies and performance. It begins with an introduction to McDonald's, followed by an examination of the fast-food market environment, including political, economic, social, technological, legal, and environmental factors. The report then analyzes McDonald's marketing strategy, including its segmentation, targeting, and positioning (STP) approach. A SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis is presented to assess McDonald's current marketing performance. The report concludes by emphasizing the importance of advertising and marketing techniques for achieving long-term goals and maximizing the customer base. References to academic sources support the analysis.
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Introduction To
Marketing
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Cover Content
Introduction
Fast Food market Environment
McDonald's Marketing Strategy
McDonald's current marketing performance
Conclusion
References
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Introduction
McDonald's is an American fast food restaurant,
founded by Richard and Maurice McDonald in 1940
in in San Bernardino, California, United States.
Company mainly specialise in marketing of
Hamburgers, French fries, soft drink, chicken, coffee,
desserts, wraps, breakfast etc.
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In order to promote products and services in
marketplace, McDonald's use advertisement method
on TV, online, radio, using poster sites in the press
for instance in magazines and newspapers.
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Fast Food Market Environment
Political
Economical
Social
Technological
Legal
Environmental
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McDonald's marketing strategy
Marketing strategy describe and determine the planning and
goals through which an enterprise can easily satisfy needs
and wants of their customers. Marketing strategy is refer
as an effective process that can accept a McDonald's in
order to maximise sales and accomplish sustainable
competitive benefits.
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STP Analysis of McDonald's
Segmentation: People willing to have a delicious and
hygienic non conventional meal at a restaurant.
Targeting: Youth and Children from upper and middle
class are known as target audience of the
organisation.
Positioning: McDonald's is a fun occupied fast food
associated the whole family to enjoy.
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McDonald's current marketing performance
In the marketplace, McDonald's has better and
strong performance. In this SWOT analysis is
one of the best framework which is used by
McDonald's with purpose to identify their
weakness, strength, threats and opportunities.
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SWOT Analysis
Strength: McDonald's has rolled out innovative
products like smoothies, Angus burgers and coffees,
enlarging the range of menu.
Weakness: One of the main weakness of McDonald's is
high calorie and high fat food claimed to be not better
for health conscious.
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Opportunities: Get different products or services for the
vegetarian marketplace in emerging country like
India.
Threats: .Threat from other eating restaurant which can
decrease McDonald's' market share.
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CONCLUSION
From the above mentioned information, it can be
concluded that advertisement and different model and
theory of marketing is essential for the organisation
to achieve better outcomes within predetermined time
period.
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Advertisement will also essential for the enterprise to
achieve long term goals and objectives as well as
maximise customer base. With the help of this
techniques company can easily gain better outcomes.
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