Sunday, April 21, 2019
LOVE Enhancing the Marketing Plan Essay Example | Topics and Well Written Essays - 1500 words
LOVE Enhancing the Marketing formulate - Essay ExampleMcDonalds has over 14,000 stores in the United States and 32737 overall (Jargon, 2011). One of the strengths of McDonalds is its full pattern of food items in the menu. The flake strength McDonalds has is its outstanding financial performance. In 2010, McDonalds generated total revenues of $24,075 billion and net income of $4,946 billion (Aboutmcdonalds, 2011). The third strength of McDonalds is its outstanding customer reach. McDonalds serves over 64 million customers daily. The main weakness McDonalds has is the high fat content of around of the items in its menu. The second major competitor in the food industry is thermionic tube. subway system last social class surpassed McDonalds as the fast food restaurant with the most franchises worldwide. Today underground has 36,671 stores across 99 countries (Subway, 2011). Subway has multiple strengths that have made this franchise a complete success. The organization has a tr emendous decision maker management team. During the last decade the franchise has been growing at an outstanding rate. The second strength of Subway is the quality of its food. Subway meals are low on calories and low on fat. The third strength of Subway is the fact that comp whatsoever lets its customers customize its sandwiches. The fourth strength of the company is its outstanding advertising. ... The major strength of pizza pie food trucks is the products appeal. Pizza is the favorite meal of Americans. The average American eats 46 slices of pizza each year (Mamadelucaspizza, 2007). The second strength of pizza trucks is competitive pricing. The con of the food cooked in pizza trucks is its extremely high fat content. 2) Thoroughly discuss how you plan to differentiate your company from the walk-to(prenominal) competitor and why? The closest competitor to 360UP is pizza truck vendors. 360UP will utilize a variety of strategies to differentiate the business. One of the most im portant strategies that the company will utilize to differentiate itself from mobile pizza trucks is having a gourmet quality product. 360UP is a mobile fast food restaurant serving cuisines with silklike flavor combinations - American-Asian cuisines, Mexican-Asian food, Thai-Mediterranean and so on. The unique blend of different flavors all over the world will be served in affordable and easy to eat meals. Unlike pizza, the food served at 360UP is healthy and nutritional. A second differentiating factor that 360UP will utilize to outperform the competition is innovative marketing practices. The advertising initiatives of 360UP are going away to help the company reach its marketing goals because more potential customers are going to realize of the existence of the firms products and services. 360UP will utilize social websites, such as Facebook and Twitter, to communicate with its customers. Whenever the truck moves to any location, fans will be able to follow the movement of the food truck through Twitter. 360UP will follow up socially conscious promotions, such as offering all senior citizens a 20% cut from the entire menu. Senior citizens have high disposable income because they
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