WELCOME Subject: Global competitiveness of Lotteria and its global strategy vs. Mc Donalds By: Maria van Hooijdonk The Netherlands 2011/11/24 Content • • • • • • What is Lotteria: facts and image Lotteria vs. Mc Donalds Competition in Europe Consumer behavior in Europe Would it work? Marketing strategy Content • • • • • • What is Lotteria: facts and image Lotteria vs. Mc Donalds Competition in Europe Consumer behavior in Europe Would it work? Marketing strategy What is Lotteria? The place where all customers feel affection and emotion • Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores • Lotteria: Lotteria, Angel-in-us, TGIF • Leader of the domestic fast food industry in Korea Source: www.lotteria.com What is Lotteria? The place where all customers feel affection and emotion • Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores • Lotteria: Lotteria, Angel-in-us, TGIF • Leader of the domestic fast food industry What is Lotteria? The place where all customers feel affection and emotion • Branches in Japan, South-Korea, China, Taiwan and Vietnam In South-Korea: more than 900 stores • Lotteria: Lotteria, Angel-in-us, TGIF • Leader of the domestic fast food industry • Full of well-being trend menus suiting modern people’s tastes, 24h service and drive-through stores. Source: www.lotteria.com How does Lotteria feel? Image The place where all customers feel affection and emotion Survey among 33 people in Korea (K & F) 1. Fast 2. Modern interior 3. Welcoming 4. Relaxed 5. 11 said: the quality is so so 6. 9: no obvious feelings Lotteria vs. Mc Donalds European view (25: ages between 14 and 65) Lotteria Convenient Cosy Colorful/ modern Delicious Big Red A 45 percent market share in 2001; compared to 20.1 percent for McDonald's * Quality of Lotteria s unknown by them Lotteria vs. Mc Donalds European view (25: ages between 14 and 65) Lotteria Mc Donalds Convenient The Big M/ highway Cosy interior Fast Colorful/ modern Hang-out in summer Delicious Always good quality Big Big Red Red and yellow A 45 percent market share in 2001; compared to 20.1 percent for McDonald's * Quality of Lotteria is unknown by them Lotteria vs. Mc Donalds Competition in Europe The Netherlands & Belgium 1. Mc Donalds KFC Burger King Competition in Europe The Netherlands & Belgium 2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium 2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium 2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium 2. Snackbar Friettent/ frietkot Chain: BigSnack Competition in Europe The Netherlands & Belgium 2. Snackbar Friettent/ frietkot Chain: BigSnack Frikandel Broodje Kroket Competition in Europe France 1. Mc Donalds 2. Self-baking 3. Healthy food Competition in Europe UK & Germany 1. 2. Mc Donalds Burger King/ KFC UK: 3. self-baking 4. Subway Germany: 3. sausages Consumer behavior in Europe The Netherlands & Belgium • “What the farmer does not know, he does not eat” • Take-out • Price minded • Lazy • Pattriotism • Habits • Location • Salt Consumer behavior in Europe France • • • • Eager, curious, Open Long and good dinners Price minded Consumer behavior in Europe United Kingdom • • • • • • Like fastfood Money is not an issue Family In the cities: carreers Easy dinners Beer Consumer behavior in Europe Germany • • • • • • Open Very price minded Fast eaters Like meat Salt Beer Would it work in Europe? Only when completely adjusted to each countries consumers needs, wants, habits Is it still Lotteria? Marketing strategy ! Marketing strategy 1. How to get arousel and visits? 2. How to let people come back after satisfying their curiosity? Marketing strategy 1. How to get arousel and visits? 2. How to let people come back after satisfying their curiosity? Clear and humorous communication & emotion! Marketing strategy Let the targetgroup know that you understand them and their wants through communication Billboards, posters, ‘personal’ invites with information Marketing strategy Surveys: Lotteria lóóks cosy and modern but doesn’t féél.. “What the farmer does not know, he does not eat” Marketing strategy Combine USPs like price, local food, atmosphere, 24h service, drive-through ‘What the farmer does not know, he does not eat’ Through town.. Marketing strategy Combine USPs like price, local food, atmosphere, 24h service, drive-through ‘What the farmer does not know, he does not eat’ Marketing strategy The place where all customers feel affection & emotion EXPERIENCE Thank you very much! Questions & discussion