2010 Submitted To: Dr Melodena Stephens Balakrishnan Assistant Professor‚ Faculty of Business and Management‚ University of Wollongong in Dubai Table of Contents 1. Background 3 1.1. Introduction and Objective 3 1.2. Situational Analysis 3 1.3. Constraints and Assumption. 5 1.4. Product Need and Value. 7 2. Segmentation‚ Target & Positioning 8 2.1. Segmentation and Target 8 2.2. Positioning Map 9 3. Marketing Mix 10 3.1. Product strategy 10 3.2
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KFC began with Colonel Harland Sanders. He discovered his penchant for cooking when he was only 9 years old. Through the years he grew up to become a personage the world knows as Colonel Sanders‚ founder of KFC. He reached celebrity status in 1952‚ when he decided to franchise his famous Kentucky Fried Chicken recipe blends of 11 herbs and spices to the rest of America. By the early 70’s‚ that special recipe reached Malaysia. Today‚ KFC Malaysia continues to serve finger lickin’ good‚ succulent
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2. Competitors 2.1 Direct Competitors Being part of the Traditional Chinese Medicine (TCM) market‚ Eu Yan Sang faces direct competition from large chain retailers like Hockhua and neighbourhood medical halls like Yan Chai Tong Medical Hall. They are direct competitors because they compete in the same market sector of TCM retailing and also offer a similar product range. 2.2 Indirect Competitors Indirect competitors will include Western pharmacies like Watson and Guardian‚ supermarkets
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Suggestion to KFC As we know‚ KFC is one of the leading Fast-Food chains in the world‚ but their market share has been declining globally since 1989. According to the case‚ (pg number C-211‚ exhibit 4) their market share has declined from 70.8% to 55.6% in 1999. Also because of KFC’s dominating and widespread leadership in the US market tends to give more opportunities to rivals as the U.S. base growth rate is about 1% annually. Therefore it is totally understandable why KFC has not been able
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Market Entry Strategies Final Paper Kentucky Fried Chicken’s Market Entry in China Company Background KFC‚ the largest fried chicken chain and the second largest restaurant chain in the world‚ currently has more than 17‚000 outlets in 115 countries worldwide. The chain primarily sells fried chicken pieces‚ chicken related products such as sandwiches and wraps‚ and other side dishes such as fries‚ desserts and soft drinks. KFC’s fried chicken pieces and related products are made with special
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Competitor Analysis Currently‚ TJX Competes with a wide spectrum of the competitor from a local pop and mom shops to multibillion-dollar companies such as Walmart and Target. On TJX 2016 annual report‚ they stated that the retail apparel and home fashion industry is very competitive‚ and they compete with local‚ regional‚ national and international departments‚ and retailers that sell apparel or home fashions merchandise. With that said we have identified four important competitor that competes
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1. Executive Summary. KFC made a plan to launch a chain of their restaurants‚ they made a marketing plan while analysising opportunities and risks of the market and understanding Muslim society. For example in the Middle East Number of internal and external and marketing analysis was carried out looking into marketing mix how they have launched their restaurant with some extra local recipes one of them is‚ Arabian Rice. The way in which KFC made a markerting plan and implemented it will be analysed
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Description of KFC Kentucky Fried Chicken‚ which is widely referred to as KFC‚ is a fast food restaurant from America that is specialised in fried chicken [1]. It was founded by Colonel Harland Sanders‚ an entrepreneur who started his business by selling fried chicken from his restaurant on the roadside in Kentucky in 1930 when he took over a Shell Garage. He was born in 1890 outside Indiana near Kentucky [2] and died in 1980‚ 10 years after he sold the company to a food and drinks corporation [4]
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SWOT KFC SWOT analysis 2013 | Strengths | Weaknesses | 1. Second best global brand in fast food industry in terms of value ($ 6 billion) 2. Original 11 herbs and spices recipe 3. Strong position in emerging China 4. Combination of KFC – Pizza Hut and KFC – Taco Bell 5. KFC is the market leader in the world among companies featuring chicken as their primary product offering | 1. Untrustworthy suppliers 2. Negative publicity 3. Unhealthy food menu 4. High employee turnover
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about 140 IKEA stores in the world in 30 different countries. IKEA stores include restaurants and café’s serving typical Swedish food. They also have small food shops selling Swedish groceries‚ everything from the famous meatballs to jam. 2. Analysis of current situation Current mission: IKEA’S mission is to offer a wide range of home furnishing items of good design and function‚ excellent quality and durability‚ at prices so low that the majority of people can afford to buy them. They
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