1. What are Burger King’s communication objectives for it’s target audience? Burger King’s target consumers already know about the product‚ and since the franchise is profitable‚ we can assume that the consumers also like it. Burger King’s communications objectives are to move its target consumers into at least the “Preference”‚ but preferably the “Conviction” stages of buying process. 2. With its focus on the "super fan"‚ does BK risk alienating other customers? What are the implications
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Marketing Strategies of Burger King in Introductory Stage . In 2008‚ Fortune magazine ranked Burger King Corp. among America ’s 1‚000 largest corporations and Ad Week named it one of the top three industry-changing advertisers within the last three decades. The Burger King Corporation moves proudly into the future with over 50 years of experience tucked safely under our belt. As a brand‚ our company has never been stronger. We ’ve got millions of customers‚ who we love to bits. And our Executive
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Table of Concepts: 1) Integrated Marketing Communication – Chapter 13 * Carefully integrating and coordinating the company’s many communication channels to deliver a clear‚ consistent‚ and competing message 2) Advertising Strategy – Chapter 12 * The strategy by which the company accomplishes its advertising objectives; consists of creating and selecting advertising media 3) Advertising objectives – Chapter 13 * A specific communication task to be accomplished with a specific target
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Burger King’s COMPANY PROFILE HISTORICAL BACKGROUND Burger King was founded in 1954 by James McLamore and David Edgerton in Miami‚ Florida. In 1967‚ the founders sold the company to the Pillsbury Company‚ taking it from a small privately held franchised chain to a subsidiary of a large food conglomerate. In December 2002‚ Burger King was acquired by private equity funds controlled by TPG Capital‚ Bain Capital Partners and Goldman Sachs & Co. It completed a successful initial public offering in
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Management 461 May 21‚ 2013 BURGER KING® was founded in 1954 and is the second largest fast food hamburger chain in the world. They are known for their signature burger “The Whopper.” More than 11 million guests visit these restaurants around the world daily. BURGER KING® is known for serving high-quality‚ great-tasting‚ and affordable food. Their mission statement includes “A commitment to premium ingredients‚ signature recipes‚ and family-friendly dining experiences is what has defined our brand
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Coca Cola in an effort to boost its revenues persuaded Burger King to run a campaign for its Frozen Coke. They were manipulating the market to have Burger King to run this campaign. Before taking on this initiative‚ Burger King wanted to do a test run. Richmond Va. was chosen as the area to run this trial. Coupons were given for a free Frozen Coke when a value meal was purchased. This method however proved to be a little slower than was expected. Only 700 meals were added with the coupons. Nearly
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W5 ASSIGNMENT 1. What do you think of Burger King’s advertising tactics? Is it OK to attract new customers while alienating others? Is Burger King’s advertising ethical? Explain. The success of advertising is very often based on its ability to surprise or in BK’s case shock the viewer. I think that the goal of each organization is to maximize its profits. BK like all organizations had a particular target market segment which it wanted to cater to. Thus‚ its advertisements
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From: Charles Hill‚ International Business‚ 2013‚ 9th Ed.‚ McGraw Hill Chapter 15. Entry Strategy and Strategic Alliances General Motors in China The late 2000s were not kind to General Motors. Hurt by a deep recession in the United States and plunging vehicle sales‚ GM capped off a decade where it had progressively lost market share to foreign rivals such as Toyota by entering Chapter 11 bankruptcy. Between 1980‚ when it dominated the U.S. market‚ and 2009‚ when it entered bankruptcy protection
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Burger King Ethics Burger King has strived to have very good ethical practices installed into their system of business. Honesty‚ integrity and respect are very common goals in the restaurants of Burger King. Good business practices are audited often to insure the quality and respect of the management and employees are in order. These ethical practices begin in the management section of the company. Senior executives “partake in personalized videos about BKC’s gifts and conflict of interest policies
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1. Resources: Burger King (BK) re-franchised almost all of its company-operated restaurants during 2013‚ bringing its business model to nearly 99% franchised and by the end of 2013‚ the company was left with only 52 company-operated restaurants. The advantage of the franchised model is that the company does not have to incur operating costs and can enjoy the royalties paid by the franchises. The margins for this type of model are very high‚ but it comes with number of disadvantages and risks
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