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BRIOHNYS ASSIGNMENT
EXECUTIVE SUMMARY
Macro environsal forces The larger societal forces that affect the whole
micro environment - demographic, economic, natural, technological, political and
cultural forces.
- Kotler et al
Macro environmental forces need to be studied by organisations as they can both
provide opportunities and pose threats.
The fast-food industry is a consumer operate; two organisations that operate in the fastfood
industry atomic number 18 McDonalds and Hungry Jacks. McDonalds was chosen beca apply it
is the primary operator in this merchandise and holds the greatest grocery store share. Hungry
Jacks was chosen because the product they offer is the most similar to McDonalds. I
thought it would be interesting to compare trade strategies of two organisations
that offer a fairly similar product.
McDonalds is the market leader both in Australia and throughout the world. Hungry
Jacks is positioned more as a market follower.
Companies use target marketing to tailor for specific markets. There are three
components involved in target marketing: market segmentation, market targeting and
market positioning. McDonalds primary target markets are seniors, adults and
teenagers however the most heavy targeted segment is children. Hungry Jacks also
essentially segment their market using demographic variables.
The final step in target marketing is underdeveloped a marketing sashay.
These tools are also
known as the four Ps and in the case of services, the seven Ps. They are product,
price, promotion, place, people, process and physical evidence.
With the marketing mix of McDonalds compared to Hungry Jacks, the major
difference is that McDonalds promote their product using the marketing mix more
evenly. Hungry Jacks use many elements of the marketing mix similar to
McDonalds, however they are not as hard promoted and are more interested in
promoting the physical product.
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TABLE OF CONTENTS
CONTENTS PAGE
Title Page
Executive Summary 1
1. gateway 3...
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