External Market Environment: Economic, Cultural/Social Environment Hurts Burger King Sales

Joe Cannon — Thu, 11 Feb 2010 22:21:20 +0000

In our text books we discuss the external market environment, including the economic and social and cultural environments in chapter 2. This Wall Street Journal article (subscription required — or search the web using the article title and you will get “back door” access), “As Sales Drop, Burger King Draws Critics for Courting ‘Super Fans,’” (February 1, 2010) describes how two external trends are having a negative impact on sales for the fast food giant.

Thanks to high unemployment and healthier eating habits, those super fans haven’t been so super lately. Burger King has felt the impact more acutely than its main rival, McDonald’s Corp., whose sales are growing.

This might provide a good example to use when discussing chapter 2. The article also questions Burger King’s targeting strategy. The chain has focused on its “super fans,” those 18-34 year old, mostly male customers who account for half of all visits to Burger King.

“McDonald’s, Burger King serve up premium gourmet burgers”

Joe Cannon — Sat, 21 Nov 2009 04:31:44 +0000

This article, “McDonald’s, Burger King serve up premium gourmet burgers,” USA Today, (September 18, 2009) looks at a recent trend in the fast-food market – the growth of upscale burgers. Students can relate to the fast-food industry and will have their own examples, as well.

teachthe4ps.com » Burger King

External Market Environment: Economic, Cultural/Social Environment Hurts Burger King Sales

“McDonald’s, Burger King serve up premium gourmet burgers”