Market research about KFC China.docx
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MarketresearchaboutKFCChina
MarketresearchaboutKFCChina
Student’sname:
Cleo(GaoJing)
Contents
Introduction……………………………………………………………3
Methodology………………………………………………………….4
Findings………………………………………………………………….5
Summary………………………………………………………………..8
ConclusionsandRecommendations……………………..9
Bibliography/References……………………………………….10
Appendices…………………………………………………………...11
Introduction
KFCistheleaderoffast-foodmarketinChinaandthelargestfast-foodchainsintheworld,whichiswellknownforitsfastfoodservice.KFChasachievedgreatsuccessinChina.Facingthechallengeofthedomesticandinternationalwhatmarketingplanshouldbemadetoincresethemarketshare.Thepurposeofthemarketresearchisunderstanditscustomersandtheirdemand.
Methodology
1.Thesamplingmethod
ThemarketresearchaboutKFCwasdonebyuseingthesamplemethod——stratifiedrandomsample.Idistributed30surveyformstothesubjecttoanswerthequestionnaireontheroadand30subjectshadbeeninterviewedwereintheagegroupof10-50yearsold.
2.Materialsused
Usingquestionnairetocollectinformationisaneffectiveway.Thissurveyquestionnaireswere10,recycling30,validquestionnairesof30,questionnaireinvestigation.ThegatheredresponsewasthenallocatedandanalyzedusingtheMicrosoftExcelprogram.Ialsosearchedtheinternetwasrentofourresearchalternativeinordertogetmoreeffectiveinformationrandomly.Thereisalargegroupofpeoplewithdifferentbackgroundalterregion.
3.Segment
KFC Malaysiacaters to various groups of people; from individuals to families, and childrenas well.KFCtargetmarketwouldlargelybebasedonsegmentationofage,whereitwouldbefocusedoncustomersintheagegroupof10-50yearolds.
Finging
Atotalof10questionswereincludedinmysurvey.Alloftheseanwserswillhelpmetofindsomesignificantinformation.Throughthestatisticsandanalysisofthedatawhichwascollectedfromtheresearch,thefollowingfindingscanbefound.
1.Thebarchart(Fiogure1)showsthat10peoplewereinterviewedwhoareyoungerthan20-yearsold,6ofthemarefemaleand4aremale.Thereare9peopleareintherangefrom20to30-year-old.Peopleareinthe30to50yearsold,4subjecdtsareolder50yearsold.
2.Fromthegraph(Fiogure2)wecansee,13peoplewhooftenspend20to50RMBinKFCasagroupwhichaccountsforthelargestproportion(52.5%)oftheinterviewers.Beside,Thenumberofpeoplewhospend50to100RMBof30subjectsis8.Theprocentageofpeoplethatspendlessthan20RMBis13%.Thereare5peoplethatspend100RMBinKFC.
3.Itcanbeseenfromthebarchart(Figure3)that12peoplewhogotoKFConceaweekandonceamonth.ThegrouppeoplewhousuallygotoKFCforamalemaightbesalariats.Accordingtofigure2and3,Mostofpeoplewhousuallyspend20to100RMBgotoKFConceaweek.
4.Itcanbeseenfromthepiechart(Fiogure4)thatmostofinterviewersthinkthatthelocationoftheKFCisaffecetedtheirconsumption.themainreason,itisnotconvenienttogotoKFC.Aotherreasonistheyhaveapoorleveloftheirincome.
5.Asshowninthebarchart(Figure6),77%ofthesubjectsthinkKFC’sfoodisdelicious,thinkingtogotoKFCforamalemakesup70%of30interviewers.About60%of30subjectsthinkthatthepriceisreasonble.
Peoplewereinterviewedholdaopinionthattheservicequaliityispleasedthem.41%ofallinterviewersthinkstheenvironmentofKFCiscomfortable.
6.Whatwecanfindfromthebargraph(Fiogure6)is13peoplewereinterviewedarechoosetoKFCforamale.8peopleinordertoacccompanytheirchildren.accordingtofiogure1angfiogure7,wefindthatthereare5peoplewhoareintheageof30to50madeachoiceofaccompanychildren.Getthedataoffiogure2andfiogure7,wecanfindinformationaboutpeoplewhogotoKFCforaccompanyingchildrenusuallygothereonceaweekoronceaweek.also,theyspend50to100RMB.NoonechoosetogotogotoKFCtodiscussbusiness.
7.Thelinegraph(Fiogure7)describlesthat24peoplethinkthatwaitingillineforalongtimeisthebiggestproblem.thedemandofitstargetmarketisconvenience,liningupforalongtimeisboringforcustemers.therefore,itisnecessarytosolveit.AnotherproblemisKFC’sfoodalwayswithahighleveloffat.Peoplewanttokeeptheirshapeahdfitness,KFCmustnoticecustemers’health.
Summry
SomepointswhichisusefulforKFCtomakesomemarketingplanning.
Peopleareyoungerthan20-year-oldlikeKFCfoodverymuch,mostofthemlikeitstaste.normally,theyspendinKFCabout50~100RMB,itiscanbeguessedthattheycometoKFCforamalewiththeirfamlies.KFCisfoucsonthepublicwhichcomesupalargestamountofthepopulation.overhalfofinterviesthinkitspriceisreasonable.MostofcustomerswillgotoKFCagain.
Thelocationwillaffectpeople’sconsumption.themainreasonistransportationisnotconvenient.thelocationofKFC’schainsisaimportantfeater.
PeoplewereinterviewedchoosetoKFCforamalebecauseofconvenience.NObodydiscussbusinessinKFC,itisonereasonwhypeoplefeelrelaxinKFC.Also,theproblemsthatKFCstillhaveare:
peopleneedtolineupfororderandthereismuchfatinKFC’sfood.
ConclusionsandRecommendations
Fromthisresearch,IcanunderstandtargetmarketeaslyandIfindthatmarketsegmentationisaneffectivewayofdeterminingthetargetmarket.Thedemandofcustemersmustbenoticedbyabusiness.throughtheprocessofthemarketresearch,IconnectwiththeadvertismentsofKFC,whichhaveastrongappealtoitstargetmarket,like,offeringtoysforchildren.
Appendices
Questionaire:
KFCQuestionnairesurvey
Howoldareyou?
A.youngerthan20
B.21~30yearsold
C.31~50yearsold
D.olderthan50
Gender:
A.
B.
Normally,howmuchdoyouspendeverytimeinKFC?
A.Lessthan20RMB
B.20~50RMB
C.50~100RMB
D.Morethan100RMB
HowoftendoyouusuallygotoKFC?
A.Occasionally
B.Everyday
C.Onceaweek
D.Onceamonth
E.Itdepends
DosethelocationofKFCaffectyourconsumption?
A.Yes,itdoes
B.No,itdoesn't
Doyouprefertothetake-awayoreatin?
A.take-away
B.eatin
WhatisthemainreasonwhyyouchooseKFC?
(Multiple)
A.Thepriceisreasonable
B.Environmentiscomfortable
C.Servicequality
D.Foodtaste
E.Fastandconvienen
WhichaspectsofKFCyouarediscontentedwith?
A.Foodsafetyislow
B.Fewvarietiesoffood
C.Foodwithhighcalorie
D.Waitinlineforalongtime