Wednesday, 30 August 2017

Ongoing trends in fast food industry which benefits burger franchise


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. 

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