McDonald's Marketing Plan
Title: McDonald's Marketing Plan
Category: /Society & Culture/Education
Details: Words: 1665 | Pages: 6 (approximately 235 words/page)
McDonald's Marketing Plan
Category: /Society & Culture/Education
Details: Words: 1665 | Pages: 6 (approximately 235 words/page)
Introduction
McDonald's has a highly developed marketing mix that includes products, placement, prices, and promotion for many deferent market segments. The marketing team believes that there is an opportunity to gain more customers and gain more repeat business from customers in a demographic that includes 18 - 24 year-old consumers. This new marketing program features a rewards card that allows consumers to earn points and redeem them for rewards.
McDonald's Overview
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to not only learn what should be offered, but also encourage suggestions on how to put into practice this idea at the restaurant level.
Conclusion
McDonald's has the opportunity to be first-to-market with a rewards card promotion encouraging new business and repeat business in the young adult market. The next phase of the marketing plan addresses how to segment the target market, describing the consumers and how they make buying decisions, and a competitive analysis.