harsh narang

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More than 34,000 restaurants in 119 countries

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Page 1: Harsh narang

More than 34,000 restaurants in 119 countries

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Founded in 1940 as a Barbecue restaurant operated by Richard & Maurice Donald

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McDonald’s CorporationRay Kroc franchised a Hamburger restaurant from the McDonald brothers

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CORE VALUES

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Expanded to more than 700 U.S. Restaurants

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How has McDonald’s grown its Brand equity over the years ?

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In 1960s and 1970s Expanded both domestically and internationally Included new iconic items to the menu

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In 1965 Introduced Ronald McDonald to target core audience

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In 1974

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STRUGGLE DURING THE 1990s AND EARLY 2000s Lost focus and direction as it added more than 2000 new restaurants in a year

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Growing Competition Panera BreadSubway

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New strategies “Plan to win” focused on

providing high quality consumer experience

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“Play Book” helped in improving 5Ps

PeopleProducts

PromotionsPricePlace

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Allowed local restaurants to adapt to different environments and culture

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Added more healthier food option such as premium salads and apple slices

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$1 Menu – to target teenagers and lower income consumers

Your Text Here

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Different “Zones” for different audience Family Zone Linger ZoneEfficient Zone

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2008 – One of the only two companies whose share price rose during worldwide recession

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2012 – Record revenues of $27

Billion

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New Initiatives McCafe

“I’m Lovin’ It” campaignMcDelivery

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DisclaimerCreated by Harsh Narang, during a marketing internship by Prof. Sameer Mathur, IIM Lucknow