Tuesday, March 27, 2012
Advertising and Public Relation's
McDonald's puts forth a large percentage of their advertising budget on TV Advertising. McDonald's also advertises on the radio and newspaper. They spend on average $3,000,000 a month on advertising alone.
Tuesday, March 20, 2012
Retailing
McDonalds retail stores are located around the world,own by different people. Witch is consider to be franchising (is a continuing relationship in which a franchiser grants to a franchisee the business rights to operate or sell a product). When it come to franchising McDonalds is one of the companies that is on top of their game. There are two basic forms of franchises that are use today: Product and trade name franchising ( which a dealer agrees to sell certain products provided by a wholesaler or a manufacturer), and business format franchising ( an ongoing business relationship between a franchisor and a franchisee). McDonalds franchisor uses business format franchising to generate business. No matter what McDonalds you go to they all will have good customer services, and rapid moving lines. McDonald’s has over 32,000 locations in more than 100 countries around the globe. They serve more than 60 million people around the world every day.
Tuesday, March 13, 2012
Ch6-Consumer Decision Making.
when a consumer has the need to purchase a product they mite go through a process called the consumer decision making process. This process involves five steps which are 1. Need Recognition ( occurs when a consumer are faced with an imbalance between actual and desired states that arouses and activates the consumer decision making process), 2. Information Search ( when a costumer search for information about the various alternatives available to satisfy it), 3. Evaluation of alternatives ( occurs when a consumer compares all the alternatives society has to offer) 4. Purchase ( occurs when a consumer buys a product) and step 5. Postpurchase behavior ( is when a consumer expectation are met). Marketing managers should know this process because this is how consumers make a decision on what products to purchase. McDonalds costumer often mostly use two steps out of the five step process. Most fast food companies costumers mostly use these two steps because some people don't do information search on the food they are going to eat unless you are trying to eat healthy. Even though people may use the step evaluation of alternatives, those people may not just want a microwave burger and some fries.
Tuesday, March 6, 2012
Developing a Global Vision
McDonald's is the leading global food service retailer with more than 33,000 local restaurants serving more than 68 million people in 119 countries each day. More than 80% of McDonald's restaurants worldwide are owned and operated by independent local men and women. Many McDonald's around the world have made minor or many changes to the menu. Theses changes were made so McDonald's would become popular in the country it was in, they wanted to show the customer that they could adapt to thier culture.
For explamle in Asia you can find a McHotdog Mega Breakfast Sausage on the menu.(on top) You also can find a Sausage and Egg Twisty Pasta ( Sausage, eggs, and pasta in chicken broth and “other greens. (below)
You can gat a bacon roll in a McDonald's restaurant located in England.
For explamle in Asia you can find a McHotdog Mega Breakfast Sausage on the menu.(on top) You also can find a Sausage and Egg Twisty Pasta ( Sausage, eggs, and pasta in chicken broth and “other greens. (below)
You can gat a bacon roll in a McDonald's restaurant located in England.
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