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Marketing Strategy For Mcdonald 's Business

Decent Essays

Epiphany Washington
American Intercontinental University
Unit 5 Individual Project
MKTG 205 – Principles of Marketing
August 21, 2016

Abstract
This paper defines the 4 Ps of the marketing mix, Product, Price, Promotion and Place. A brief look at McDonald’s marketing strategies will give examples of how a global business utilizes these 4 Ps to conduct a successful billion-dollar company.

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Introduction
A Marketing Strategy takes an important role in operating a successful business. It is basically the outline in which a company will manage the 4 Ps of the Marketing Mix. These include Product, Place, Promotion and Pricing. McDonalds is a great example of a business that has reached customers globally by implementing a successful marketing strategy.
McDonald’s Main Line of Business
McDonald’s is one of the most well-known fast food restaurants worldwide. The brand was first established in 1940 by Richard and Maurice McDonald in San Bernardino, California, and was originally called McDonald’s Hamburger offering burgers, fries and drinks with quality and quick service. In 1955 Ray Kroc founded McDonald’s System Inc. and then later bought all rights to the McDonald’s brand. Since then he has brought it up to be a very successful, global business.
Countries in which the McDonalds Operates
McDonald’s is currently operating in over 100 countries with over 30,000 restaurants. The first countries outside of the US to have a McDonalds was Canada and Puerto

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