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Hungry Jack Target Market

Decent Essays

Marketing is a mix of business activities that work towards a bigger goal of building a brand and creating lasting relationships to capture value from customers. Implementing a marketing strategy is vital as it examines every aspect of a business by identifying customer needs and meeting these in a better way than competitors (Armstrong et al. 2015). McDonald’s and Hungry Jack’s are examples of companies with excellent customer-driven marketing strategies, strategically deciding which customers to serve (segmentation and targeting) and how (positioning & differentiation). Using this as a guideline they’ve incorporated the marketing mix consisting of; product, price, promotion and place to produce the response it wants in the target market. …show more content…

Hungry Jack’s has done the same but chosen to heavily target the adult and teens segment. Positioning is developing a product that occupies a clear and desirable image in the minds of consumers, and creating a perception of superior customer value (Armstrong et al. 2015). McDonald’s is considered a market leader with the largest market share, introducing new products and ideas such as the loose change menu which differentiates it from Hungry Jack’s, a market follower simply holding on to its share and allowing McDonald’s to lead. Their advertising lines also distinguish the products with McDonald’s’ famous line “I’m lovin’ it” suggests more emphasis on service, ambience and overall experience rather than just the physical product that is implied by Hungry Jack’s line “the burgers are better at Hungry

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