Submitted by: Submitted by gifthado
Views: 10
Words: 323
Pages: 2
Category: Business and Industry
Date Submitted: 11/04/2015 12:18 AM
Micro Environment
In this part of the essay, the micro
environment forces will be discuss.
These are the competitors, partner,
distributor and customers of KFC.
In the recent years, the number of
competitors for KFC have grown in
numbers. The few main ones are
Popeyes, Macdonald's, Subway and
Burger King. Popeyes are planning major
expansions and are currenlty revamping
their outlets. Another competitor that
has always been in the lead,
Macdonald's. Their target market have
been the Gen Y and X and have been
constantly trying to keep up to their
different lifestyles. From Happy Meals
when they were kids, to the grilled
burgers for the health concious
consumers. Subway, has also just
overtook Macdonald's by having the
world's largest chain restaurant.
Partnership with Mug root beer created
an extra great tasting choice selection of
beverage.
Maybank had cash rebate when making
delivery purchases for consumers.
KFC 's customers are mainly families,
younger generations and baby boomers.
Therefore, their menu consists of items
such as Family Feast and Mega Meal.
These meals are suited for families and
larger groups of consumers.
Opportunities and Threats
One of the threats that KFC face are the
tight competition from fast food chains
such as Popeyes, Macdonald's, Subway
and Burger King. Therefore, there will be
an intense competition in locations as
well as food varieties. However, from
another aspect, this can also be an
opportunity as it proves that there are
still a large group of consumers that can
be targeted and looked into.
KFC is notable to any for their fried
chicken. However, their target market,
the baby boomers that forms a major
part of their loyal consumers have now
aged and are more health concious.
Therefore, this is an opportunity for KFC
to tap into, for the health concious
consumers.
In addition, KFC generally targets
families rather than single persons. But
in recent context, families are getting...