Preview

Comparitiveanalysisofmajorfastfoodjointsinindia

Powerful Essays
Open Document
Open Document
12620 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Comparitiveanalysisofmajorfastfoodjointsinindia
Introduction

Objectives

To identify and analyze the marketing strategies of the three fast food chains:

1. McDonalds

2. Wimpys

3. Nirulas

Under the fast food market.

Analyzing the performance of the above chains since the past five years.

Making a comparative analysis of the above three restaurants.

Identifying the recruitment and selection procedures adopted by the stated restaurants at :

4. Managerial

5. Supervisory

6. Clerical and

7. Operational level (Operations comprise an important part in any restaurant).

Conducting market research study to determine :

8. Percentage wise consumer preferences

9. Frequency of visit at each of the stated restaurants

10. Identifying unique factors that attract people to the stated restaurants.

Methodology

Information regarding the organisation, 4P’s of marketing, and consumer preferences has been obtained through :

a. Primary Sources

b. Secondary Sources.

Primary Sources

i. Marketing personal, PR personnel of the concerned organisation were approached to obtain in formation about the concerned subject (Sample questionnaire on the next page). McDonalds marketing and other details had to be obtained indirectly through its public relations firm since direct accessibility to the corporate office was not possible.

ii. Market research study was conducted in order to find out percentage wise preferences of the stated fast food restaurants.

Secondary Sources

i. Internet

ii. Libraries such as CII and PHD House

iii. Articles from A & M and economic times

iv. Company brochures, literature and pamphlets.

Based on the information obtained from the above sources concepts were developed on which analysis could be made.

Conclusions and recommendations have been thereby given after a thorough evaluation of the marketing strategies of the three restaurants.

You May Also Find These Documents Helpful

  • Powerful Essays

    In order to get this information, different methods will be used such as coefficient of variation, coefficients of determination and other statistical techniques. There are six main research questions that will be addressed that will help the Remington restaurant see how the customers view the restaurant as a whole, and show the restaurant where and how to improve their business.…

    • 2397 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    My selected organisation is McDonalds; I am going to talk about the organisation uses types of market research they do to contribute to its development plans.…

    • 611 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Hungry Jacks Research

    • 2201 Words
    • 9 Pages

    For a company to do a marketing research the right way, it is elementary that they observe, compare and evaluate the market constantly. For this, several methods are used. We will try in this essay to identify and explain which methods are used and how companies can use them, using the example of a fast food company, which is Hungry Jacks.…

    • 2201 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Poundland Analysis

    • 3901 Words
    • 16 Pages

    In this part of our report we will describe a suitable marketing planning process, and we will rely on the Malcolm McDonald planning process (Malcolm…

    • 3901 Words
    • 16 Pages
    Best Essays
  • Satisfactory Essays

    First, is need to know the amount of information this analysis will involve, in this section a…

    • 958 Words
    • 7 Pages
    Satisfactory Essays
  • Powerful Essays

    K Campbell

    • 1236 Words
    • 5 Pages

    1. Explain marketing theory in relation to the 4 P’s. Explain the factors that would affect how Britvic might decide on their choice of each of these items.…

    • 1236 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    UNIT 3 - M2

    • 777 Words
    • 3 Pages

    Explain the limitations of market research in terms of helping the development of a marketing plan for either McDonalds or Tesco (M2)…

    • 777 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The results are from a questionnaire given to 200 customers. The aim was to find out customers opinions on the current range of sandwiches on offer and the standard of service offered.…

    • 948 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    paper

    • 382 Words
    • 2 Pages

    Discuss why each of the 4-P decisions would be important when marketing your selected product.…

    • 382 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Annotated Bibliography

    • 3399 Words
    • 14 Pages

    In this research paper Analytical research design is used as it uses already available facts and…

    • 3399 Words
    • 14 Pages
    Better Essays
  • Good Essays

    As a customer in our restaurant we will have many choices available to them at a low cost. There are five steps in the consumer purchase decision that I’ll explain. Step one is need recognition which simply means that we identify what the potential customers need in our market. What kind of foods do they like and what kind of experience do they want when they go to a restaurant? Step two is searching for the product that the customer wants. We will have many avenues, such as print ads and our website, in which to market our product and inform the public of our food and services. The third step is product evaluation where the consumer gathers information on our products and services. We will have the best menu and service in our market to gain a larger market share in our area. The fourth step is product choice and purchase so it is vital that we successfully advertise and market our restaurant. We will have the best menu, greatest service and the most updated restaurant within a hundred mile radius. The fifth step is the post purchase and evaluation step where the consumer will decide whether our food and…

    • 813 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Profile the Market

    • 1035 Words
    • 5 Pages

    Adam, S., Armstrong, G., Brown, L., Kotler, P., (1998), Marketing, (4th edn.), Prentice Hall, Australia.…

    • 1035 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Mc Donald's and the 4 Ps

    • 1414 Words
    • 6 Pages

    "Welcome to McDonald 's May I take your order?" This is a very kind saying that might sound familiar to a lot of consumers, who go to fast food restaurants frequently. The reason why people keep going back to McDonalds week after week is because of McDonalds advertising and marketing. McDonald has a reputation that was built on more than just food; it is a place for families to get together. Well over 9500 restaurants in almost 45 countries is the strength of McDonalds. No other single brand name has ever matched McDonalds marketing strategy. McDonalds spends more than $800 million dollars annually on their marketing and promotion. McDonalds started a big advertising campaign back in the year 1987 that aimed to change the misunderstanding that their food was junk food. This marketing strategy didn’t stand the test of time because the news people started to pen pieces that claimed the food in McDonalds was not good for you. People do not come to McDonalds for food that is good for them. From then on McDonalds began to provide their consumers with a nourishment card with facts about their food instead of attempting to convince the public that their food was good for them.…

    • 1414 Words
    • 6 Pages
    Better Essays
  • Best Essays

    L. McTier Anderson and Ruth Lesher Taylor. (1995). McCarthy 's 4PS.Journal of Marketing Theory and Practice. 3 (3), 1-9.…

    • 3295 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Market Research has become an important tool in today’s competitive world. The neck to neck competition has made this a choice as identifying the problem and finding solutions to it. This opportunity as provided by you helped us to have a fair idea of the subject.…

    • 3301 Words
    • 14 Pages
    Powerful Essays