Transcript of McDonald's IMC Plan - McEco
McDonald's IMC Plan Brand extension A healthy alternative Table of Content McEco concept
SWOT analysis
IMC plan
Introduction
Short-term and long-term objectives
Promotional mix
Budget
Implementation and control
Conclusion SWOT analysis McEco Product A fresh, healthy sandwich, made with local ingredients and packaged with sustainable materials Price 3,90 € Place Promotion IMC Plan IMC Plan Advertising Direct marketing Sales promotion Publicity + public relations Personal selling Brand Relationship Spectrum Endorsed brand Linked name Target group McCafé public, 20-40 years Target market Slightly upscale, jumping on the bandwagon of McCafé, USA, Western Europe Objectives Raise brand awareness of McEco significantly within two years
Help McEco become the Top of Mind for consumers Strategy Budget Objectives Increase sales among the target market
Enhance brand loyalty Strategy Objectives Budget Encourage immediate purchase
Increase short-term sales Strategy Objectives Create credibility of McEco
Establish a healthy image Objectives Create awareness of McEco
Encourage immediate purchase Strategy Strategy Budget Budget Budget TV "A Healthy Love" campaign
Extreme Situation template: extreme worth version Billboard Newspaper Interactive experiment template Create emotional response
Attract attention
Potential celebrity endorser Attract attention
Encourage purchase
Vivistitials Convey product info
Encourage purchase Newsletter In-store menu Convey product info
Encourage purchase Convey product info
Encourage purchase
Link to brand Sponsoring Link to brand
Create emotional response Encourage purchase
Convey product info Cashiers suggest McEco "Have you already tried our new, healthy and delicious McEco sandwich?" Budget Implementation and control Launch in spring
Continuously assess market and consumer response
Adapt marketing strategy, if necessary Short-term objectives Long-term objectives Establish McEco as part of McCafé menu
Increase market share in sandwich sector by 5% in five years
Link McEco, McCafé and McDonald's with a healthy image Increase McEco awareness
Stimulate sales
Increase incentive to invest in McCafé Strengths Weaknesses Opportunities Threats Established McDonald's and McCafé image
McDonald's distribution channel and supply chain Conflicting McDonald's image
High costs of operation and marketing Strong competition (e.g: Starbucks, Subway)
Changing consumer lifestyles Current trends (sustainability and health)
Target market has high purchasing power Conclusion Interactive
Convey product info
Encourage purchase
Link to brand High quality product
Attract an upscale public
Extensive media strategy
Considerable budget Thank you! 70% of McEco marketing budget 8% of McEco marketing budget 5% of McEco marketing budget 15% of McEco marketing budget 2% of McEco marketing budget Social media Twitter and Facebook Current McDonald's annual estimated marketing budget: 2.3 billion dollars
5% used for McEco launch campaign: 115 million dollars