WELCOME Subject: Global competitiveness of Lotteria and its global strategy vs. Mc Donalds By: Maria van Hooijdonk The Netherlands 2011/11/24
Content What is Lotteria: facts and image Lotteria vs. Mc Donalds Competition in Europe Consumer behavior in Europe Would it work? Marketing strategy
Content What is Lotteria: facts and image Lotteria vs. Mc Donalds Competition in Europe Consumer behavior in Europe Would it work? Marketing strategy
What is Lotteria? Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores Lotteria: Lotteria, Angel-in-us, TGIF Leader of the domestic fast food industry in Korea Source: The place where all customers feel affection and emotion
What is Lotteria? Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores Lotteria: Lotteria, Angel-in-us, TGIF Leader of the domestic fast food industry The place where all customers feel affection and emotion
What is Lotteria? Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores Lotteria: Lotteria, Angel-in-us, TGIF Leader of the domestic fast food industry Full of well-being trend menus suiting modern people’s tastes, 24h service and drive-through stores. Source: The place where all customers feel affection and emotion
Survey among 33 people in Korea (K & F) 1. Fast 2. Modern interior 3. Welcoming 4. Relaxed said: the quality is so so 6. 9: no obvious feelings How does Lotteria feel? Image The place where all customers feel affection and emotion
Lotteria Convenient Cosy Colorful/ modern Delicious Big Red Lotteria vs. Mc Donalds European view (25: ages between 14 and 65) A 45 percent market share in 2001; compared to 20.1 percent for McDonald's * Quality of Lotteria s unknown by them
LotteriaMc Donalds ConvenientThe Big M/ highway Cosy interiorFast Colorful/ modernHang-out in summer DeliciousAlways good quality Big RedRed and yellow Lotteria vs. Mc Donalds European view (25: ages between 14 and 65) A 45 percent market share in 2001; compared to 20.1 percent for McDonald's * Quality of Lotteria is unknown by them
Lotteria vs. Mc Donalds
1. Mc Donalds KFC Burger King Competition in Europe The Netherlands & Belgium
2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium
2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium
2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium
2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium
2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium FrikandelBroodje Kroket
1. Mc Donalds 2. Self-baking 3. Healthy food Competition in Europe France
1.Mc Donalds 2.Burger King/ KFC UK: 3. self-baking 4. Subway Germany: 3. sausages Competition in Europe UK & Germany
“What the farmer does not know, he does not eat” Take-out Price minded Lazy Pattriotism Habits Location Salt Consumer behavior in Europe The Netherlands & Belgium
Eager, curious, Open Long and good dinners Price minded Consumer behavior in Europe France
Like fastfood Money is not an issue Family In the cities: carreers Easy dinners Beer Consumer behavior in Europe United Kingdom
Open Very price minded Fast eaters Like meat Salt Beer Consumer behavior in Europe Germany
Only when completely adjusted to each countries consumers needs, wants, habits Is it still Lotteria? Would it work in Europe?
Marketing strategy !
1.How to get arousel and visits? 2. How to let people come back after satisfying their curiosity? Marketing strategy
1.How to get arousel and visits? 2. How to let people come back after satisfying their curiosity? Clear and humorous communication & emotion! Marketing strategy
Let the targetgroup know that you understand them and their wants through communication Billboards, posters, ‘personal’ invites with information Marketing strategy
Surveys: Lotteria lóóks cosy and modern but doesn’t féél.. “What the farmer does not know, he does not eat” Marketing strategy
Combine USPs like price, local food, atmosphere, 24h service, drive-through ‘What the farmer does not know, he does not eat’ Marketing strategy Through town..
Combine USPs like price, local food, atmosphere, 24h service, drive-through ‘What the farmer does not know, he does not eat’ Marketing strategy
The place where all customers feel affection & emotion EXPERIENCE Marketing strategy
Thank you very much! Questions & discussion