Monday, February 24, 2020

Advertising Campaign of McDonalds Case Study Example | Topics and Well Written Essays - 2500 words

Advertising Campaign of McDonalds - Case Study Example and social issues.First of all, there was a rapid upsurge of public interest to the healthy lifestyle,and together with this tendency there was one more - McDonald's was gradually becoming a symbol of unhealthy eating that causes problems with health and obesity.At the end of the XXth century, Atkin's Diet gained a great amount of adherents,and it also affected the reputation of the fast-food giant, as people were becoming increasingly more concerned as for the volume of fat and carbohydrates,and in number of calories in their everyday meals, and surely, Big Macs, hamburgers,soft drinks with lots of sugar and French fries proved to be 'champions' as far as the content of 'bad' calories was concerned.Though the companies that were competing with McDonald's could not boast to serve healthier food, yet because McDonald's was the most popular chain of fast food restaurants,it played a trick on the company making it a 'collective' symbol embodying all the negative sides of eating junk. It cannot be overlooked that with the world's businesses becoming global and the emergence of various anti-global movements that blame multinational corporations for exploiting people and affecting the economy of the developing countries, McDonald's has also become a symbol of 'the world's corporate evil' that attempts to 'catch' the entire planet into its 'vicious net'. In 2002, the American president G.W. Bush started an anti-obesity campaign that included propagating healthy food among schoolchildren and their parents, and in the course of this campaign the direct connection between eating junk food and obesity was being pinpointed. As a result, there was a significant decrease in the number of McDonald's customers, and many of its restaurants were closed. It was also stressed that there had been a decrease in the number of young people visiting McDonald's, and as soon as the company's analysts noticed that the ratio of teenagers and young people among their customers was decreasing, 'I'm lovin' it' advertising campaign was launched. Taking into account all the above said, this new advertising campaign was meant to enhance the image of McDonald's so that to deal with the crisis the company found itself in. In contrast to the 2001-2002 campaign that targeted mainly children and family audiences ('Happy Meal', Ronald McDonald, playgrounds for children, toys, balloons, birthday parties etc.), the new global task for McDonald's was to attract young people and teenagers. McDonald's advertising campaign whose slogan has become 'I'm lovin' it' was launched in 2003, and proved to be a significant breakthrough as far as the company's branding is concerned. This slogan

Saturday, February 8, 2020

Criteria for Market Segmentation Term Paper Example | Topics and Well Written Essays - 1500 words

Criteria for Market Segmentation - Term Paper Example In recent years studies have been made to refine these demographic variables so that they can be more effectively used. Example of the companies who make effective use of demographic segmentation are Lego, Toys ‘R’ Us, and the early learning centre who not only recognize the differences between children of various age group but also design their products for highly specific defined age categories (Richard M. S. Wilson, 2005). Age segmentation is an important tool for segmenting the consumer market. A variety of terms are used to refer to various age groups. Examples are newborns, infants, young children, tweens, teens and young adults also called Generation Y in United States of America (USA), Adults or Generation X and the baby boomers or the Seniors. Various studies have been conducted which age group consume exactly how much and has influence on how much consumption. For example in USA the total population of tween, the children aged 9-12, this age group spend $20 bil lion in an year and further influence the consumption of $ 200 billion. To cater to their needs brands like Limited design clothes that are more fun like teens. In this each age segment has different specific need in everything ranging from basics like food and clothing to entertainment etc (Charles W. Lamb, 2010). Sex is another important market segmentation tool that helps in helps designing the product and services according to the specific need of the consumer. The segmentation on the basis of gender is most useful in clothing, apparels, and accessories etc. The most evident example is completely different range of toiletries and perfumes for males and females. Now a days gender segmentation is even visible in mobile phones with varying skins for each gender. A common basis of segmenting the consumer market is income. Income is an important determinant of consumption pattern. Companies design their product features, define prices and determine positioning strategy based on the i ncome of the target market. Example of this segmentation is HLL different washing powders sunlight, Wheel, Rin and Surf Ultra for different market segments based on income (Saxena, 2008) Profession and education are also important determinants of market segment. Education level defines taste not only in books but various other consumer goods. For example highly technical and multiple featured mobile phones are popular among highly educated people whereas basic phones are more popular in less educated people that fulfill their needs. Young executives and business professional also prefer multi features internet enabled cell phones that can cater to their mobility needs. Family size and marital status also defines consumption patterns. Single male and females spend more on their personal needs such as slimming equipment, cosmetics items etc and prefer fast food (Johan Botha, 2004). Nationality and religion also play an important role. For example Hall food for Muslims and Kocher for J ews is an important segment. Nationality also defines our tastes in food, clothing and preferences for entertainment etc. Geographical Segmentation Geographic based segmentation splits the market on the physical location of the potential consumers. This segmentation is based on the assumption that consumer living in close geographic proximity has some similarities in their needs and preferences f