Essay on Market Research Implementation McDonalds

Market Research Implementation We have come to the phase that allows Team A to apply the research tools and implement a market research plan. Team A will review various marketing research tools that are available for researchers to use such as secondary research, secondary on-line research, exploratory research, nondirective interviews, and the Likert scale. Our secondary research is showing that consumers are demanding healthier menu options. This market research implementation plan will develop several market research tools; including questionnaires’ and the Likert scale to verify if McDonald’s consumers genuinely want and will purchase healthier menu items. Secondary Research for McDonald’s When researching McDonald’s through†¦show more content†¦Secondary research shows that McDonald’s has made past attempts to reinvent a healthy menu option in the United Kingdom. The research shows that McDonald’s as hired a third-party advertising agency, TBWA/London to handle the initiative to promote a healthier menu and options at the restaurant (â€Å"TBWA\London wins McDonalds health brief,†2006). Research also shows that the company made a change to their famous French Fry in the year 2002. When they took this action it had mixed reviews. Although an increase to the health factor for those dining at the establishment, there were also numerous complaints at the downslide in taste (Arthur Page Society, 2008). The secondary research shows that the hypothesis of McDonald’s needing to move toward a healthier menu in the Europe is, in fact, true. The secondary research can be used to help validate primary research conducted. Secondary Research One of the tools that can be used is the online environment. The following are some sources that can be used to understand the project better. In order to have a successful launch of a new product like the one analyzed demographics can be essential. This is a metric that can help understand the target and financial investment and return. Competitive benchmarking can also support business decisions. http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=tableinit=1plugin=1language=enpcode=tsieb010Show MoreRelatedMarketing Strategy For Mcdonald s Business733 Words   |  3 Pageswill manage the 4 Ps of the Marketing Mix. These include Product, Place, Promotion and Pricing. McDonalds is a great example of a business that has reached customers globally by implementing a successful marketing strategy. McDonald’s Main Line of Business McDonald’s is one of the most well-known fast food restaurants worldwide. 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