kfc marketing strategies
TRANSCRIPT
KFC GLOBAL STRATEGY
Made By: GULAM GAUS VISHAL PATEL ABHISHEK KUMAR PARTH GURJAR
INTRODUCTIONKFC is the world’s No.1 chicken
QSR.Leading in UK, Australia , South
Africa, China, USA, Malaysia and many more.
Introduced many offerings for it’s growing customer base in India while staying rooted in the taste legacy of Colonel Harland Sander’s secret recipe.
Products are made on the motto of “Crispy outside, juicy inside”.
Historical background….In 1930’s Colonel Harland Sanders
some distinguished Kentucky folks licking their fingers.
Founder of the original KFC, was born 0n September 9, 1890.
By 1964, Colonel had 600 franchise outlets for his chicken across the United States and Canada.
KFC now stretches worldwide with more than 13,000 restaurants in more than 80 countries and territories.
To sell food in a fast, friendly environment that appeals to pride conscious, health minded consumers.
MARKET SEGMENTATION
Geographic segmentation
Demographic segmentation
psychographic segmentation
• For a product to occupy a clear, distinctive and desirable place relative to “Competing products in the minds of target consumer.”
• In KFC feedback is taken from the customer in order to know the customer demands and then improvements are made in products.
• KFC focuses on pure and fresh food in order to create a distinct and clear position in the minds of customers KFC has a strong brand name and they are leading the market in fried chicken.
MARKET POSITIONING
KSF’s:
Location/Number of Outlets
Extensive Menu Price Service/
Ambience Taste
Threshold Factors: Operations Quality
Standards
KFC’S Key Success Factors
Chicken specialist/ experts
Innovation
Buckets
Variety of product in the chicken
Kids meal
PRODUCT
Location Target market
Free home
deliveryMobile units
35 outlets in the
countryInternet
PLACE
• Their products are priced high and target the middle to upper class people
• KFC adopted the Cost-based Pricing strategy
• Pricing of the product includes the govt. tax and excise duty
• The products are bit high priced according the market segment and it is also comparable to the standard of their product
• In the cost based method we include the variable and fixed cost.
PRICE
• Bill boards
• News papers
• TVC
• Pop-ups on internet
• Special packages
PROMOTION
Specifications KFC Mc Donald’s
Core Target Group
Youth Kids
Pricing Strategy
Cost-based Pricing
EDLP
USP Differentiation through variants in product range
Pricing + Value Provided
THANK YOU!