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PRESENTED BY:
Priteshi Patel
The reason they changed from Kentucky fried chicken to KFC was that people
got conscious when they read the word “FRIED” which gave them an impression
that its not healthy because it contains fat, so Kentucky fried chicken had to
change their trade name from KENTUCKY fried chicken to KFC. JUST TO avoid the
fatty impression.
INTRODUCTION
Food and Fun , this is what KFC is all about. Lending the market since its inception, KFC
provides the ultimate chicken meals for a Chicken Loving Nation.
Be it Colonel Sanders secret original Recipe Chicken or the Hot and Spicy Version, every
bite brings a YUM on our face.
To be the leader in western style quick service restaurants through friendly
services, good quality food and clean atmosphere.
We are committed to customer satisfaction through offering high quality with
excellent services and good value.
We take great pride in serving each other, our customer and our communities.
24-hour service.
Free Delivery (111-532-532)
Online ordering.
Mobile unit.
Outdoor catering.
Branded Prepaid Coupons.
Corporate meeting, seminars & workshops at KFC
Special dinning facility for business customers.
Health calculator and health tips.
Kid play area.
Competitive analysis
Indirect competitors:
Base upon market share and substitute business.
SWOT PESTLE
analysis analysis
Swot Analysis
Strengths : Weakness:
Brand Equity Lack of focus on Research and Development.
KFC secret recipe of 11 herbs and species. Lack of knowledge about their customers.
Stronger Franchises all over the world. They only focus higher income level people.
Interactive relationship marketing. Don’t blend with the local culture unlike Mcdonalds
Chains for its convenience and menu variety.
Kid play area.
Opportunity: Threats:
Growth of 18-24 age demographic Bird Flu.
Home meal replacement market will exceed Frozen food is not good for health and despite what
International beef scare from mad cow and hoof and so ever the standard they maintain.
month disease. Change of customer demands.
Updating the restaurants, balance menu. Cultural threats from Muslim worlds.
Changing Customer lifestyle and taste. Current recession as decrease the buying power of
Increase delivery service customers.
Increase competition from local and international Law and order situation (terrorism).
outlets. Existing and new competitors.
PESTLE Analysis
Global market
Different political infrastructures
Political Consumer taxation
Quality packing
Environment Local manufactures using foreign suppliers
BCG matrix
Where some fast food operators have only recently begun expanding into
the international market.
KFC demonstrated that it can work with host countries and businesses
within the host country to develop a strategy which works.
Core Competence(s)
Ever since KFC started, they have only and only emphasized on
chicken, so people from all over the world take KFC as chicken
expert!!!!!!
Marketing Strategy
Company strategy
Segmentation
Target Market
4 P’s
Company Strategy
These success techniques will lower the costs and increase profit in the industry.
Segmentation
geographic segmentation:
KFC has outlets internationally and sells products according to geographic needs of the
customer.
Demographic segmentation:
The market is divided into groups based on a
1.age (6 to 65)
2.gender is both males and females.
3.family size is 1-2,3-4,5+
4. income is $125 and above.
Psychographic segmentation:
Dividing a market into different groups based.
Social class-upper and middle class
Personality is ambitious and authoritarian
Behavior segmentation:
- taste conscious
- quality conscious
- class
Target Market
“The process of evaluating each market segment’s attractiveness and selecting two
and more segments”
KFC Targets the “HUNGER”, and we know there is no compromise when it comes
to “HUNGER”
Product
Price
Variety List price
Quality Discount
Features Allowance
Packages Payment
Services Period
Brand name
Marketing
Mix
Place
Channels
Promotion
Locations Advertising
Assortment
Internet
Product
Product means goods and services that KFC offers to the target audience.
KFC is providing services of home delivery, 24-hour, online ordering, mobile unit,
outdoor catering, kid play area.
Price
Price is the amounts of money customers have to pay to obtain the product.
Pricing Strategy: KFC pricing the products by keep the different points in the
mind ,adopt cost base price strategy.
Place
Place includes all company activities that make the product available to target consumers.
Promotion means activities that come merits of communicate the products and
persuade target consumers to buy it.
Posters
Advertising
Internet
banners
TV ads
Transit ads
Leaflets
Sale promotion, KFC uses the following tools to further enhance its sales.
Exhibition
Coupons
Sales
promotion
Entertainments
Recommendation
Even though KFC has define the target market but Still they need to redefine.
KFC has to improve their Research and Development .
KFC to look need of the customers like health conscious .
They only focus higher income level people.
Lack of specific open space like McDonald
Unlike McDonalds they don’t blend with the
local cultural when it comes to int’l marketing.
Conclusion