Im Loving it
By: Vismay Phanse
Roll Number: 314240
Introduction:
In this assignment we had to select a particular Product which I
had been consuming since a long and in recent times. I have
chosen my product as McDonalds. Its the company that
manufactures Hamburgers. Actually I like many products of
McDonalds but my favorite one is McChicken Burger. In this
assignment I will explain why I like the products of McDonalds and
what have been my influencing factors to purchase and consume
the products of McDonalds. I have been having McDonalds
burgers since 2005, it opened its franchise in Ahmedabad during
that time and through all these years McDonalds have been my
favorite product.
Analysis:
1. Product :
McChicken Burger is a premier hamburger which consists of a
chicken patty. The chicken breast is cooked to brown with
perfection and placed between the toasted buns with
mayonnaise sauce and green lettuce leaf. Apart from McChiken
they have many products like French Fries, which are world
famous and many other popular products.
2. Industry :
The Hamburger Industry is wide open with plenty of Big players
are there like Burger King, Wendys and many more. But
McDonalds having a 63 year old History of more than billion
Hamburgers sold with a reasonable price all over the world.
Each kid knows what a Happy Meal is.
3. Theoretical Background :
McDonalds has a very old history from the 1940s, starting with
a restaurant having Bar B Q services. The first Hamburger
restaurant opened in 1948, the Des Plaines location opened in
1955. The red and white building with the famous Golden
Arches was designed for that restaurant. In 1965 they
celebrated 10 years of McDonalds Corporation and they started
their IPO offers at $22.50 per share. They started their first
advertisement with Ronald McDonald in 1966.
food and fun filled activities. Plus the Happy Meal toy collection
by me and my friends, we used to have exchanges on our toys
and I still have my collection of happy meal toys which are now
used as showpieces.
Cultural Factors:
The McDonalds Corporation used effective strategies in India
to start off McDonalds franchise, like they have introduced
many vegetarian products looking at the population
diversification, as there are many vegetarian people compared
to non-vegetarian people. So they have introduced a
completely different menu to that of other countries. When I
visited the US and other foreign countries. I found completely
different Menus than that of ours in India.
When Indian customers got accustomed to same taste always,
they introduced McDonalds Spice Fest around 2011. It went a
big hit amongst the students as we the Indians love spicy food
it was a good change for us. For the first time I shifted from
McChicken to McSpicy Chicken burger.
Hence McDonalds have always made us the customers happy
and satisfied and they have always kept good cultural ties with
its customers.
Personal Factors:
Influence Members:
Firstly it was my father who was delighted to hear the news that
McDonalds had started its services in Gujarat. So he took me
there to taste the delicious Hamburgers. Later friends persuaded
me to go there and taste those awesome burgers at low prices
and it never burned a hole in my pocket.