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Executive summary
Restaurant industry is booming in the present world due to the versatile and popular demands
from customers. Wingstop is one of the mentionable fastest growing food industries in the world.
The report has addressed their process of trying to make customer relationship better across
Malaysia along with their acquisition and retention strategy. In relation, comparative view with
KFC has been drawn forth while highlighting the beneficiary aspects of Wingstop and their
current business developments. Apart from that, recommendation is put forth indicating the
inputs required for better business metrics.
Table of Contents
Introduction ..................................................................................................................................... 5
1.1Acquisition ............................................................................................................................. 5
1.1.2 Promotions- Currently chosen company’s promotions on social media or in store ....... 5
1.2Retention ................................................................................................................................ 6
2.1.1Advertisements ................................................................................................................ 8
2.1.2Promotions ....................................................................................................................... 8
Conclusion .................................................................................................................................... 10
Appendix ....................................................................................................................................... 13
Introduction
Wingstop is one of the fastest growing brands in the restaurant industry. In the second half of
2017, they were first introduced in Malaysia and they are vastly growing in Malaysia. They
provide many offers and services only in Malaysia such as rice box, hand breaded wings, halal
meat for the Malay people. They took a couple of months to generate new outlet for the
certification Halal. 550 restaurants are already established in Malaysia. They have the makeable
expansion agreement in Malaysia over 30 franchises are planning to open here for customer
satisfaction and customer retention.
1.1Acquisition
1.1.1Advertisements of Wingstop
Wingstop is situated first at 396 George St, New Brunswick, Malaysia. They tried to influence
many people to create their street team for enhancing their general and direct marketing (Fornell,
2016). Wingstop made a huge mark to deploy radio campaign with hot97 and they are doing
great to promote their brand recognition in social media such as face book and Instagram. In the
celebration for thanksgiving, DOUBLE UMAI CASHBACK November Promotion offer was
published to engage greater customer share in consuming their products. By doing this, they have
made a huge impact in digital marketing.
1.2Retention
2.1 Acquisition
2.1.1Advertisements
In Malaysia, KFC first introduced their restaurant on JapanTurku Abdul Raman in 1973. KFC is
the main rival of Wingstops in the global market. Especially for Malay, KFC provides different
kind of food (kfc, 2019). They are moving faster because of the general and direct marketing in
Malaysia. They have their team to generate 365days of marketing policy. KFC also provides
their advertisement in social media to enhance their digital marketing. KFC has larger digital
market than Wingstop while also having a separate android and IoS based application for
ordering food products thereby gaining edge over Wingstop in this department.
2.1.2 Promotions
Promotions are crucial for business success (Nyadzayo, 2016). KFC also provide their food
promotion in their website and also in face book and mobile website and TV commercial. In
Malaysia, KFC has hot and cheesy combo, breakfast value bowls and many more. Besides that,
KFC tends to promote new food products and packages through social media and other online
platforms.
2.2 Retention
4.0 Recommendation
Customer retention increase would require the inclusion of new food products
Need to keep the discount metrics of the products in an oriented basis thereby offering
valued services at preferred costs
Creating better ambience for the customers across the licensed stores
Conclusion
As per the above observations, it can be concluded that Wingstop has been doing excellent
business over at Malaysia while another global fast-food giant KFC has been able to occupy
better market position due to earlier business developments. Collectively, Wingstop has relied on
the customers across Malaysia and the taste preference of the Malay individuals thereby linking
better operational profits. Apart from that, continually keeping business relations in a positive
aspect by indulging in digital marketing has also garnered positive business response and work
output.
References
Abu Amuna, Y. M.-N. (2017). Understanding Critical Variables for Customer Relationship
Management in Higher Education Institution from Employees Perspective. Journal of
Services Marketing, 1 (1), 10-25.
Fornell, C. M. (2016). Stock returns on customer satisfaction do beat the market: gauging the
effect of a marketing intangible. Journal of Marketing, 80 (5), 92-107.
Gummerus, J. v. (2017). Guest editorial: relationship marketing–past, present and future. Journal
of Services Marketing, 31 (1), 1-5.
kfc. (2019). kfc.com.my. Retrieved October 3, 2019, from LET'S START ORDERING:
https://kfc.com.my/
Ryu, K. &. (2017). Examination of restaurant quality, relationship benefits, and customer
reciprocity from the perspective of relationship marketing investments. Journal of
Hospitality & Tourism Research, 41 (1), 66-92.
wingstop. (2019). http://www.wingstop.my/. Retrieved October 3, 2019, from Shakes made with
a whole lot of love: http://www.wingstop.my/