Free Essay

Marketing 4p's

In:

Submitted By alejandroy91
Words 974
Pages 4
Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955

Communication effective communication played a crucial role in serving customer . Verbal or communicating never means as an effective communication , there is sign and written language for those people or employees who are verbally impaired communication in all business should be handled professionally and customer's should never feel left out because you have suddenly decided to speak in a different language than they do. All the communication should be held in a professional and yet approachable manner, communication is referred to as soft skill. Because this is a skill that is learned gradually as you go on with experience, as well as being sustain by precise training
McDonald’s adopts multi-channel communication methods to ensure that all its messages are delivered to staff. These include the use of print, online and other forms of technology such as video conferencing.

Culture
Culture is defined as a specific assemblage of mental, physical, and emotional knowledge of a society or a group of people in society and it contains, in addition to art and literature, the way of life and living, religion, value systems, traditions and beliefs.
Culture affect business:
Marketing: Right from the first day, McDonald realized the importance of marketing in the branding process. Marketing is a characteristic of McDonald. Until now, the money invested in advertising and promotion of McDonald always occupies a fixed rate of turnover of the store. In addition to advertising on television to make the customer feel good, McDonald also participated in funding for sports programs, especially the prestigious sporting events in the world as the World Cup and Olympic Games to reinforce the international power of the brand, besides McDonald participate in funding programs vary by region.
Human resource management:
Structure:
Employees of McDollald’s include three groups, those are restaurant workers, corporate staff, and franchise owners. There are between 50 and 65 staff or a local MacDonald’s restaurant.
Training:
It start immediately with orientation for an hour on the company. Each restaurant has its own video player and training room. Step--by --step manuals and video tapes cover every detail of the operation, everything from how to make a Big Mao to a shake. Each restaurant has 25 stations from the grill area to the front counter, Trainers use a series of checklists as new crew members move through the restaurant. A level of competency is demonstrated and the activity is checked off on the SOC--Station Observation Checklist. There is a follow-up SOC to get certified on the station.
1. On Time, Neat and Clean: Our crewmembers are expected to report work on time, neat and clean.
2. Wash Your Hands: the most important thing crewmembers so to help make sure our customers receive safe food is to wash their hands often.
3. Skills and Training: Training will provide you with the skills you will need to perform your job.
4. Standards: Crewmembers follow standard operational procedures so customers always receive exceptional quality & service.
5. Teamwork: Our crewmembers rely on teamwork and high energy to get the job done.
6. Clean' Spotless... Tidy... sparking. Our customers expect every McDonald's will be clean.
7. Welcomed Guest: Our crewmembers make each customer feel like a welcomed guest.
8. Service: We depend on our crewmembers to deliver fast, accurate and friendly service with a smile
Production:
Innovation and creativity play an extremely important role in the growth of the McDonald's brand. The company has large investments in technology and understanding of customer needs. Biggest breakthrough of McDonald's is opening a restaurant in Sierra Vista in 1975 that allowed customer to buy food which did not have to go down from the car.
The McDonald's menu always be reviewed and improved to ensure satisfying the customer's expectations. In the menu of McDonald's restaurants in the United States with beer, chicken, fish, salad and vegetarian dishes, plus a variety of desserts, hot and cold drinks with different flavors
McDonald's is the first restaurants to open the list of all ingredients and analysis of nutritional values In 2000, McDonald's launched a number of products with innovative McSalad, Shaker and Fruit N'Yogurt Parfaits (sour cream Fruit), easy to eat more during busy times.
Religion:
In India, beef is banned for the Hindus and pork never allow to appeare in food of the Muslims. Therefore, in order to conquer the market "vegetarian", McDonald's had to change up to 70 percent of familiar menus. Pork and beef are replaced with lamb or chicken at the same time the company also created a series of vegetarian dishes as McAloo Tikki Burger, McCurry Pan, Pizza McPuff and McVeggie. And to meet the needs of the customers who is Buddhist, 50% of McDonald's menu has been replaced with vegetarian dishes. Mcdonald believes that, vegetarian market segment will bring substantial profits for the company.
Technology in culture
Management: McDonalds will soon put the Nintendo DS into training part-time staff in Japan. It will use the program called "eSmart" which is manufactured by Mcdonald restaurant in Japan. The program will be installed into two Nintendo DS on every McDonalds restaurent in Japan. Expected by the end of February this year, a total of 3700 McDonalds restaurent in Japan, so McDonalds will need to buy 7400 DS to equip its stores.
Service: Personal computers, wireless devices and the internet have McDonald’s plugged into mainstream technology. McDonald’s innovative planning introduced Wi-Fi hotspots, internet terminals, and web-based games for children into its stores. Wi-Fi hotspots will allow consumers to check email, access the internet and download presentations while having something to eat and drink

Similar Documents

Premium Essay

4p's of Marketing

...Be ready with a case example of Management/Marketing transfer from or to your country to or from another country (SA and /or AI transfer). You are asked to cover 4Ps of Management/Marketing transfer of Product, Program, Process and People Strategies and their spiral evolution (Slides 39-47). How has the transfer changed lifestyle cultures (slide 25) of your or another country? This term paper will discuss three following aspects namely, Objectives; Methodology and Conclusion Objective: Firstly, let us reveal objectives for this term paper. The objective of the said writing is to critically analyze operations of a mnc (multi-national company) in any chosen discipline in light of Management/Marketing transfer techniques discussing its operations transferring from SA (global) to AI (local). Keeping in view, my first step is to review business performance of Europe-based Foods and Beverages Company Nestle Limited originally operated from Europe in late 1860s started primarily as Food company but expanded their businesses in other units like beverages particularly. Nestle started its operations in Pakistan from 1981 a city named Sheikhupura as their first production plant and as the time goes their production capacity was enlarged. Later on during this study I would also mention the Nestlé’s performance in terms of 4P`s of Management/Marketing. One can question this very easily why choose Nestle, and the simplest answer could be because of globally followed trend of expanding...

Words: 939 - Pages: 4

Premium Essay

Marketing Mix of the 4p's

...discrimination Marketing mix or the 4 P’s of Marketing -Price -Product -Promotion -Place COMPETTIVE PRICING This is competitive pricing, asda is competing against other big supermarket stores such as tescos, morrisons, sainsburys to persuade consumers of the amount of “product cheapness” DESTROYER PRICING Primark is destroyer pricing because it sets its product prices so low it allows many other companies and competitors to not match it. Therefore in this way the competitors will slowly lose more of its customers and they eventually they would get driven out of the market. PRICE SKIMMING The iphone 5 in example of price skimming. When the new product is likely to generate high volume of initial sales (due to the new product) the high price will be charged in order to maximise profits. Gradually the price will lower as its popularity and trend descends due to other competitors such as Samsung. Car insurances, using the example of “Churchill” are price discriminative because of the basis of age and perceived risks. Other examples are that the more mileage you use car the less expensive it is. PRICE DISCRIMINATION PRICE PENETRATION Walmart can be used as a example of “price penetration” because it is a low cost retailer. It introduces new product categories to its customers and it also enters new geographical market Cost-plus pricing Sony is cost-plus pricing because it put its cost at an acceptable price make profits 4P’S marketing mix PRODUCT ...

Words: 761 - Pages: 4

Premium Essay

Dell 4p's of the Marketing Mix

...COMPANY BACKGROUND [pic] [pic] Introduction of Dell Inc. Dell Inc. is a multinational technology corporation that develops, manufactures, sells, and supports personal computer and other computer related-products. Dell Inc. based in Round Rock, Texas. Dell Inc. employs more than 82,700 people worldwide. Dell Inc. grew during the 1980s and 1990s to become (for a time) the largest seller of PCs and servers. As of 2008 it held the second spot in computer sales within the industry behind HP. The company currently sells personal computers, servers, data storage devices, network switches, software and computer peripherals. Dell Inc. also sells HDTVs that are manufactured by other brands. In 2006, Fortune Magazine ranked Dell Inc. as the 25th-largest company in the Fortune 500 list, 8th on its annual “Top 20” list of the most admired companies in the United States, In 2007 Dell Inc. ranked 34th and 8th respectively on the equivalent lists for the year. A 2006 identified Dell Inc. as one of 38 high-performance companies in the S&P 500 which had consistently out-performed the market over the previous 15 years. History Background and Origins While a student at the University of Texas at Austin in 1984, Michael Dell founded the company as PC's Limited with capital of $1000.[5] Operating from Michael Dell's off-campus dorm-room at Dobie Center [1], the startup aimed to sell IBM PC-compatible computers built from stock components. Michael Dell started trading in the belief...

Words: 4539 - Pages: 19

Free Essay

Marketing Mix(4p's) of Square Toiletries Ltd

...|   | www.bizbangladesh.com - |- My Business Zone -| | | | | | Square Toiletries Ltd | | Bizbangladesh.com |   |   |   | - | Home |   | - | Company Info |   | - | Products/Services |   | - | Contact us |   | |   | |   | |   | - | Our Trade Leads (0) |   | - | Mail to Us |   |   |   |   |   |   |   | About Us ~ | Square toiletries limited (stl) started in 1988 as a division an iso 9001 certified company. in 1994 square toiletries limited began its journey as a private limited company. now stl is the country’s leading manufacture of international quality cosmetics and toiletries products. |   |   | Year of Establishment : | 2007 | ~ Contact Info ~ |   | Company Address: | 72, Mohakhali, Dhaka-1212   | City / Province: | | Country: | Bangladesh | Phone Number: | + (+880-2) 8861531-40 | Fax Number: | + | Contact Person: | Md. Shamsuzzan | Position: | Executive, Commercial | Email | Email to this company | HomePage:  | Click to visit | |   |   |  No Product info found ~ |   |     |   | About us   |   Advertise with us   |   Contact us   |   Site map | | | | Home | Copyright © www.bizbangladesh.com | | | |   | | * * * Sign Up * Sign In Top of Form Bottom of Form * Research documents * Book Notes * AP Notes StudyMode - Premium and Free Essays, Term Papers & Book Notes 1. Home »  2. Miscellaneous »  3. Recreation & Sports Merril Shop By blackroots |...

Words: 721 - Pages: 3

Premium Essay

4p’s Analysis of Apple’s Iphone 5

...4P’s Analysis of Apple’s iPhone 5 26-Nov-12 [Type the company name] Ali Word Count: 3038 Table of Contents 1. INTRODUCTION 2 1.1 Background of 4P’s principal 2 1.1.1 Product 2 1.1.2 Price 3 1.1.3 Promotion 3 1.1.4 Place 3 1.2 Purpose of the report 4 1.3 Brief information of product 4 2. Application of 4P’s of Marketing and iPhone 5 5 2.1 Product 5 2.1.1 Design 5 2.1.2 Features 6 2.1.3 Brand Image 7 2.2 Price 7 2.3 Promotion 9 2.4 Place 12 3. Conclusion 13 References 14 Figure 1 10 Figure 2 11 1. INTRODUCTION Marketing is defined by Dr Philip Kotler as “The science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit. Marketing identifies unfulfilled needs and desires.” (Goldblatt 2012, p 238) Therefore, marketing is the process that enlightens the potential customers about how a product or service is capable of delivering the value. This paper aims to analyze the 4P’s of marketing and how they are helpful in devising an effective marketing strategy capable of depicting the significance of the product in the customers’ life. For this purpose, iPhone 5 has been selected as the product for analysis. 1.1 Background of 4P’s principal 4P’s stands for four basic elements involved in the marketing of a commodity. These elements include Product, Price, Promotion and Place. This classification was first proposed by E. Jerome McCarthy in 1960s and ever since it has become an...

Words: 3817 - Pages: 16

Premium Essay

4p’s Analysis of Apple’s Iphone 5

...4P’s Analysis of Apple’s iPhone 5 26-Nov-12 [Type the company name] [Type the author name] Word Count: 3038 Table of Contents 1. INTRODUCTION 2 1.1 Background of 4P’s principal 2 1.1.1 Product 2 1.1.2 Price 3 1.1.3 Promotion 3 1.1.4 Place 3 1.2 Purpose of the report 4 1.3 Brief information of product 4 2. Application of 4P’s of Marketing and iPhone 5 5 2.1 Product 5 2.1.1 Value through Design 6 2.1.2 Value through Features 7 2.1.3 Value through Brand Image 7 2.2 Price 8 2.2.1 Value through Price Options 8 2.2.2 Value through Purchase Options 8 2.2.3 Value through Higher Benefits vs. Price 9 References 10 Figure 1 10 Figure 2 11 1. INTRODUCTION Marketing is defined by Dr Philip Kotler as “The science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit. Marketing identifies unfulfilled needs and desires.” (Goldblatt 2012, p 238) Therefore, marketing is the process that enlightens the potential customers about how a product or service is capable of delivering the value. This paper aims to analyze the 4P’s of marketing and how they are helpful in devising an effective marketing strategy capable of depicting the significance of the product in the customers’ life. For this purpose, iPhone 5 has been selected as the product for analysis. 1.1 Background of 4P’s principal 4P’s stands for four basic elements involved in the marketing of a commodity. These elements include...

Words: 2861 - Pages: 12

Premium Essay

Mkt 435 Week 2

...In business terms marketing is concerned with fulfilling the consumer’s wants and needs. Marketing is the managed development where services and goods flow from concept to the consumer. To determine these wants and needs consumer behavior must be analyzed and determined. Using the 4P’s of marketing determinants which are product, price, place, and promotion can promote a successful launch of a product. Within this paper consumer behavior as it correlates with marketing will be described. A recent purchase will be divulged along with a description of how the 4P’s of marketing affected the writer’s acquisition choice. Marketing’s aim is to direct and form consumer behavior. According to, “Consumer Behavior Building Marketing Strategy” consumer behavior is “the study of individuals, groups, and organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society(Hawkins, 2007).” Consumer behavior is an intricate part of marketing. Without it marketing would not be whole. Some consumer behaviors are deeply rooted such as external presences such as the consumer’s culture, home life, demographics, and social status. Other internal factors such as emotions, attitudes, perceptions, memories, and learning are moldable attributes that have the capacity to sway in another direction. When a business forms a marketing strategy they gather pertinent...

Words: 844 - Pages: 4

Premium Essay

Marketing

...Marketing Importance of Marketing Marketing is used in different ways in all different types of organizations. The purpose of this report is to define marketing. Marketing will be defined by three different individuals of organizations. The report will also explain the importance of marketing to an organizations success. Finally the report will provide at least three examples of organizations that or successful due to their marketing strategies. Marketing can be defined in many different ways. I define marketing as the process by which companies create customer interest in products or services. It generates strategies that underlie the sales techniques, business communication and business development. It is the part of business that helps get a company noticed. Marketing helps to build customer loyalty and creates value for the customers. The business dictionary defines marketing as the management process through which goods and services move from concept to the customer. As a practice, it consists in coordination of four elements called 4P's: (1) identification, selection, and development of a product, (2) determination of its price, (3) selection of a distribution channel to reach the customer's place, and (4) development and implementation of a promotional strategy (Business Dictionary, 2010). Marketing is based on thinking about business in terms of customer needs and their satisfaction. Another definition of marketing is the social process by which individuals...

Words: 956 - Pages: 4

Premium Essay

How Products Are Developed to Sustain Competitive Advantage

...some development they make to their product so that improved version can come out periodically, rather than have all out and can’t improve it in future. These makes it exciting for customers because other rival goods then look boring when compared. 2. When business can provide different product to rivals within the business that is unique with special benefits to consumers, in such situation that business would be able to customer’s loyalty. 3. Marketing and Research of product, these should be done according to wants and needs before being made rather than developing then looking to see if it moves in market. Research is made to see if there is demand for product in market environment, making sure that there is high demand for that product. Micheal Porter said also that when a firm can deliver same benefits as competitors but at a lower cost or deliver benefits that are better than the other competitors, they are at better competitive advantage. 3.2 EXPLAIN HOW DISTRIBUTION IS ARRANGED TO PROVIDE CUSTOMER CONVENIENCE. In marketing distribution system acts to attract customer’s convenience in an organisation, so as to show the ability to build up accurate distribution method that can be...

Words: 1988 - Pages: 8

Premium Essay

Defining Marketing

...Defining Marketing Paper Student Mkt/421 January 16, 2011 Defining Marketing Paper Marketing is a vital part of product sales and consumer shopping. Often marketing groups place consumers into target groups, without their knowledge, to develop the best strategy for the sale of products. Many people believe that Marketing is just advertising and placing ads in newspapers, on television, the radio, and billboards. Although advertising is an important part of marketing, it is not all there is to it. Marketing starts at a products development and continues to the consumer’s purchase. Within this paper marketing will be defined and its importance explained. Marketing Definitions Until this course I thought of marketing as the advertising and sales of products or services. I thought that marketing was putting ads and campaigns together for the purpose of attracting people to a product or service. After beginning this course I have learned that marketing is much more than advertising, it also plays a role in production and the product flow from provider to consumer. Marketing is valuable to sales because it tells the customer that the product is available, where it can be found, how much it cost, and where the advertisement and placement of the product should be. The "American Marketing Association" (2007), definition is "Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have...

Words: 1264 - Pages: 6

Premium Essay

Grupo Bimbo: Growth and Social Responsibility

...BACKGROUND AND PROBLEM IDENTIFICATION Table 1. Grupo Bimbo History |2 |Bimbo was founded on 2 December 1945 with five shareholders. They are all Servitje’s family member. Bimbo | |December 1945 |started with only one brand, 38 workers, and 10 trucks to deliver the bread made in one plant in Mexico City. | | |The first product were white boxed bread and toasted white bread and incorporated more products into its product| | |line for the next few years. | |1963 |Don Lorenzo Servitje took on the role of CEO of Grupo Bimbo and his brother, Roberto Servitje, became CEO of | | |Bimbo breads division | |1970’s |imbo opened the largest bread factory in Mexico and Latin Amerika | |1979 |Lorenzo Servitje handed over Grupo Bimbo’s presidency to his brother Roberto and he assumed the chaimanship of | | |the board. | |1980’s |Bimbo started to distribute products in Houston and Los Angeles. | | ...

Words: 1837 - Pages: 8

Premium Essay

Mkt 421

... * Marketing Mix Paper MKT/421 August 1, 2011 Fritz Beiermeister * * * * * * * * * * * * * * * * The Marketing Mix What is marketing? The meaning that many marketing managers gain knowledge of as they start out in the marketing profession is: Putting the right product in the right location (place), at the right price, at the right time. The success of an organization depends on the success of marketing. Accounting, Finance, operations, and other functions of business will not matter if there is not a demand for the organization’s product or service (Kotler, 2009). The term “marketing mix” was coined by Neil Borden back in 1953 during his American Marketing Association (AMA) presidential speech. The marketing mix include the controllable variables the company puts together to satisfy the target group (Perreault, 2009). The consumer is not a part of the marketing mix, but should be the target of any organization’s marketing campaign. In 1960, Jerome McCarthy introduced the notion of the 4Ps – Price, product, place, and promotion marketing mix [ (Marketing Mix 4P's and 5P's by Jerome McCarthy, 2010) ]. For several years these 4P’s have been in use as the chief basis on which a marketing plan is based. All of the four P’s are needed for a successful marketing mix and campaign. Generally speaking, each of the four P’s has contributed equally to the whole marketing mix. ...

Words: 1665 - Pages: 7

Premium Essay

Coleman's Case Study

...From the case study, analyze Coleman’s business to formulate the 4Ps of her marketing strategy. Specify the salient information that you used to identify the 4P’s of Coleman’s business. Next, debate the fundamental virtues inherent in Coleman’s marketing decisions surrounding the 4P’s of her business. Justify your responses Product: I am sure every fashion forward woman can relate to how uncomfortable those heels can become after a couple of hours in them. Coleman had a “eureka” moment while backpacking in heels. It was in her discomfort that she came up with the innovative idea of stylish, convenient, fold up ballet flats. She was her own customer as she experienced the discomfort personally. Coleman also identified her target market which was women between the ages of 20 – 29. This age groups are usually college graduates who are earning halfway decent salary and have no children. They are also early adopters and will buy into the idea of comfort and affordability. Price: Every business wants to make a profit. Coleman made a smart choice to use a manufacturer from China and a shoe designer from Craigslist. This will help reduce costs and enable her to sell the flats at a reasonable price and less than the current two competitors. Promotion: Social media is one of the best ways to promote and expose a new or existing business. It is not only cost efficient, but it is also a good medium to develop relationships and get loyalty from potential customers. In addition, her current...

Words: 556 - Pages: 3

Premium Essay

A Marketing Plan

...Unit 5 –Marketing Plan Firms that are successful in marketing invariably start with a marketing plan. The plan should cover one year. For small companies, this is often the best way to think about marketing. Things change, people leave, markets evolve, and customers come and go. In many respects, the Marketing Plan is the most important document produced by marketers as it not only helps to justify what has occurred in the past, but is critical for explaining where a company intends to go in the future. The first step is the Situation Analyses. The purpose of the situation analysis is to indicate to a company about the organizational and product position, as well as the overall survival of the business, within the environment. This allows for the evaluation of the company's objectives, strategy and capabilities. These areas indicate to an organization about the strength of the product or whether there are areas for improvement, as well as how well an organization will fit with the external environment. I will take as particular case, one of my company’s products, namely, the book I’ve written “Unique and Different”. Considering the concept of the entire project we are carrying and that is to start making some changes around, to start, step by step, being satisfied by the world we live in, we begun by outlining our own experiences and perceptions in our first book. If we look at the things around us from a reserved point of view, the situation is difficult enough...

Words: 1543 - Pages: 7

Premium Essay

Marketing for Kudler Fine Foods

...Marketing for Kudler Fine Foods Barbara Norftill University of Phoenix Marketing for Kudler Fine Foods What is the one thing that raises a profitable company above the rest? This can be described in one word, “marketing”. Marketing is a major business component in today’s world. Kudler Fine Foods is a retailer of high-end foods who is focusing on expanding their services. This paper will cover the positives and the needed deltas on marketing for Kudler Fine Foods. According to an article by zimbio.com, there are several positive points in internet marketing. The first positive point is that the advantage of the internet is its convenience. Zimbio.com states that if you have a computer and internet access, you can conduct business anytime and anywhere you please 24 hours a day. Along with its unique product line with goods imported from overseas, Kudler Fine Foods is on the internet. Another positive point is that Kudler has a strategic plan. Ezinearticles.com writes that a good marketing plan is essential and does not have to be complex. A good marketing plan should understand the situation, size the market, strategy, and objectives. Kudler Fine Foods is definitely going in the right direction with the positives that they already have in place. Along with what is already there, Kudler Fine Foods still have a lot to go with their marketing. There are several variables that can be controlled in marketing. These variables are known as the marketing mix and consist of...

Words: 545 - Pages: 3