Professional Documents
Culture Documents
Part B (Compulsory)
McDonald’s is a large corporation in the fast food industry. The first McDonalds was built in 1940 by the
McDonald brothers (Dick and Mac) . Started off as a hot dog stand in CA [1937]. They have been around
since 1955 when Ray Kroc started the chain of McDonalds. They have been growing ever since. The
majority of the restaurants are owned through franchises.
In order to develop a marketing strategy, it is very important for company to understand its target
customers. If the company can understand its customer then only it can communicate itself to their
consumer Market. Better you know about your consumers, more effectively you could communicate and
market them.
McDonalds has segmented their products according to bases of Geographic, Demographic, Psychographic
and Behavioral. They have segmented their products and positioned their products according to kids,
students and family. It has targeted its service against Age, Income and life style too.
Questions.