marketing mix of kfc
TRANSCRIPT
Name Id
Laila Mostafa 130306002
Md.Sabbir Bin Sams 130306014
Munta Hana Pinkey 130306006
Rahmatam Minallah Shuvo 130306005
4p’s of Marketing Mix
Introduction
KFC founded and also known as KentuckyFried Chicken, is a chain fast food restaurant based in Louisville, Kentucky,KFC is a brand on operating segment, called a concept of ‘Yum’! Brands since 1977 when that company was spun off from Pepsi Company.
KFC primarily sells chicken in form of pieces,wraps,salads and sandwiches.While its primary focus is fries chicken,KFC also offers a line of roasted chicken products,side desserts.
PRODUCT
What is Product?Product. A product is anything that can beoffered to a market that might satisfy a want ora need. Include:-• Variety• Quality• Features• Brand name• Service
Segmentation
Geographic Segmentation:-KFC has outlets internationally and sells its products according to geographic needs of the customer.Such as:
1:In North India focus
2:In South India focus
Target market
The process of evaluating each market segment’s attractiveness and selecting two or more segments
Target market depends on size & growth rate of population
Company resources & structural attractiveness of market segmentation
According to KFC target is upper & middle classes
Market Positioning
For a product to occupy a clear,distinctive & desirable place relative to “competing products in the mind of target consumer.”
KFC focuses on pure & fresh food in order to create a distinct & clear position in the minds of customers KFC has a strong brand name & they are leading the marketing in fried chicken
Place
Place includes company activities that make the product available to target consumer.