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Marketing Final White Paper

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Submitted By dawnbunting
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Dawn Bunting
Increasing Burger King's Sales Through the Use of More Effective Marketing Strategies Marketing 201W
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To: Burger King's Marketing Department
From: Dawn Bunting As marketers we know that wherever there is a Burger King restaurant, down the block we see a Mcdonald's restaurant—Burger King's biggest competitor. With the economy in a slump and “eating healthy” as the new trend, Mcdonald's isn't the only competitor. Subways, the “brown paper bag” lunch, 7-Elevens, and even vending machines have taken a large portion of Burger King's potential customers. Therefore, the challenge that Burger King faces is retaining its target market group and luring in other types of consumers, in order to hold its ground, while its competition tries to do the same (DataMonitor, 2010). The most notable problem, among the many that are to be mentioned here, is the current trends with its target market—18 to 34 year-old males. According to Mintel Reports, as of 2007, men, ages 18 to 24, spend 7.3% of their income on “food away from home” and men, ages 25 to 34, spend 6.0%—percentages that seem relatively high when compared to older males (Mintel Reports, 2007). Although the numbers seem pretty favorable, Burger King fails to cater to, and focus, on women. Studies have shown that fast food is one of the four most frequently purchased items by women, ages 18 to 34 (Mintel Reports, 2008). Furthermore, studies have shown that 70% of all women made six or more purchases of fast food from a chain, throughout the year (Mintel Reports, 2008). Therefore, women have consistently shown to be a powerful target market, and Burger King has unfortunately failed to direct its market strategies toward them. Additionally, this segment of young men has become more financially dependent on their parents; indicative of less spending money (Mintel

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