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Subus 500 Objectives

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SUBWAY® chain was founded by Fred DeLuca in Connecticut, USA, in 1965. It has now been a multi-billion company with more than 30000 outlets in 87 countries. There were 1254 open SUBWAY® restaurants in Australia till March 2011. As it has become a very popular brand, there are progressive plans to frequently open more SUBWAY® restaurants in Australia in the future. ‘Franchise 500’, an entrepreneur magazine has named it as the number one franchise opportunity based on research and surveys of franchises located in the United States in 2010.

1. Are the corporate objectives clearly stated and do they lead logically to the marketing objectives?
The corporate objective of SUBWAY® is very straight forward, i.e. to bring the customers into …show more content…

On the other hand one has to keep their store clean and well organised. Thus, it affects the various areas of marketing such as advertisement, better quality of service and customer satisfaction. Meanwhile as it’s a franchise company, their franchisees must have to work hard to make improvements regarding their food and services. Although to achieve their objectives SUBWAY® as a whole organization, have to work hard in improving its menus or in advertising its …show more content…

3. What is the core marketing strategy for achieving its objectives? Is it a sound strategy?
The core marketing strategy of SUBWAY® for achieving its objectives is to address health, fresh and custom-made sandwiches in accordance to the expectation of the customers by number of approaches. SUBWAY® introduces national sponsorship event like American Heart Association Heart Walks as well as local events such as triathlons and children’s sports teams to market its product. The marketing strategy of SUBWAY® is one of the best examples of focusing on market demand, consumer trends, product leveraging and innovation.

It is a sound strategy because SUBWAY® have been strategically positioned to advance market share in near future by the marketing strategies of creating clear brand recognition, brand and product association and market demands. Moreover, these marketing strategies are also repeatable fundamental marketing strategies surpassing the fast food market. SUBWAY® is in constant touch with consumers through its dedicated specialist customer care team. As a part of their marketing strategy, SUBWAY® identifies which venues and retail chains would be most manageable to quick-service brands as branded fast food has began to move into other non-traditional venues such as colleges, airports, military bases, hospitals and amusement

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