Decoding McDonald’s success: unveiling the key factors driving customer loyalty and business growth in the fast-food industry
Tusti, Chowdhury (2024)
Tusti, Chowdhury
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024120231815
https://urn.fi/URN:NBN:fi:amk-2024120231815
Tiivistelmä
This thesis delves into the critical elements that contribute to McDonald's ongoing patronage retention and corporate growth in the fiercely competitive fast-food sector. The research attempts to unearth the fundamental causes of McDonald's extraordinary success by exploring the company's strategic efforts, marketing innovations, operational strategies, and customer relationship management. The study identifies and examines the unique processes that set McDonald's apart from its competitors using a multimodal research methodology that includes qualitative case studies, quantitative data analysis, and direct consumer input. The results highlight how crucial it is to improve operational excellence and customer happiness through the strategic use of technology, creative menu items, efficient integration of local and global strategies, excellent supply chain management, and consistent products. The investigation comes to the conclusion that McDonald's ability to adapt to changing consumer preferences and market conditions while resolutely upholding the core values of its brand is essential to its long-term supremacy in the market and devoted following. These findings offer practical guidance to other fast-food businesses hoping to follow McDonald's prosperous expansion path.