McDonald's CMO Bullish on Tiered Value Menu Amid Competition
Posted in: UncategorizedCan winning back customers be as easy as 1, 2, 3? McDonald’s is about to find out.
The Golden Arches kicked off the national marketing of its new $1 $2 $3 Dollar Menu on Jan. 4 with traditional and social media campaigns meant to educate customers about its latest value play with humor.
The lineup of four items each at $1, $2 and $3 could help the leading restaurant chain win back customers it admits have headed elsewhere. One often-quoted statistic from McDonald’s came at a March investor meeting when executives said the chain had lost 500 million customer visits since 2012.
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