Fast foodindustry is rapidly growing at faster rate. Food and beverage sector is
extensively dominated by fast food franchises and there are over 1000 brands
actively engaged to serve delicious recipes to customers. Most of the companies
utilize marketing tools, online delivery system and offline mode like TV and
radio to promote latest products in new locations. Nevertheless, fast food
sector is diverse but still there are lots of opportunities remain untapped. Rapid
expansion of fast food restaurants in Metropolitan cities is example of fast
food craze among today’s consumers.
Marketing trends
It is vital
component of business, organizations can achieve maximum growth rate. Essential
marketing tools include social media, SEO and paid campaigns are effectively
significant for burger franchise. In order to achieve targets, many enterprises
make marketing strategies. It is crucial to create a good brand image burger
franchise need to focus on four P’s of marketing:
1.
Price - fast food operator now-a-days
focus on consumer choice and preference. Price of products should be reasonable
so that small pocket customers can also enjoy delicious food varieties.
2.
Promotion – Sales promotion,
advertising, etc. are elements of promotion. It is significant component of
marketing to boost sales and brand recognition.
3.
Place – Distribution of products or
services is substantial to increase revenue. Effective channel is essential to
reach potential buyers. In fast food industry, young generation is target of
companies.
4.
Products – Fast food items like burgers,
pizzas, French fries, etc. are developed to satisfy the needs of target market
or certain group of consumers.
The
four elements of marketing play significant role in development of business. It
goes without saying that new players like Box-o-burger efficiently focus on
marketing strategies. It is providing amazing fast food recipes and also
franchise opportunities. Extensive
research is required to collect more information about potential buyers, their
choice and preference.