Submitted by: Submitted by bkdani
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Category: Business and Industry
Date Submitted: 05/14/2014 06:36 PM
Marketing Article Analysis
Article title: Is burger King’s Big Mac Clone Stealing McDonald’s Lunch Money?
Published: April 29, 2014
Published By: Business Week
News : Burger King’s same-store sales increased 0.1 percent in the U.S. and Canada during the first quarter—welcome news after falling 0.9 percent in 2013.
Reason for the sales increase
Product Strategy: Burger king introduced Big King and Chicken Big King to its regular menu.
Customer segmentation: the introduction of new menu is meant to attract lunch customer’s that usually go to Mc Donald’s.
Promotion Tactics: To remain competitive with Burger King, McDonald’s will aggressively promote bogo [buy one get one] or ‘two for’ promotions to compete on value and keep competitors from stealing share. And target to increase on beverage sales.
Marketing Article Analysis
Article title: Coach Responds to Falling Sales By Raising Prices
Published: April 29, 2014
Published By: Business Week
News: Coach , the handbag maker of choice for the reasonably wealthy, is losing its grip on the 5 percent.
Reason for sales decrease
Price tag for the bag business is lower than its immediate competitors dubbing the product less desirable and inferior product.
Marketing Strategy
Product strategy: Coach is in the process of trimming its line of bags to around 100 models; a greater share of those offerings will be “upmarket.”
Distribution strategy: Coach will cut intermediate retail shops and online sites. The aim is to add prestige in the brand as well as quality and exclusivity.
Price strategy : it will increase its prices for to stand out as price equivalent brand with its immediate competitors such as Kate Spade and J.Crew.