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CONTENTS
Key Facts about KFC KFC Product Diversification Entry into Indian Market SWOT Analysis
Strength Weakness Opportunities Threat
Beef Products
KFC
Pork Products
Fish Products
SWOT ANALYSIS
Strength :
Brand Power Quality Products Detailed research Hygiene condition Value and cleanliness of Products Diversification of products according to market segmentation
SWOT ANALYSIS
Weakness :
Pricing policy high Target customer is mainly middle & high classes Its outlets are mostly in posh areas
SWOT ANALYSIS
Opportunities :
Most of markets are still un-explored KFC is among the first to introduce fast food restaurants in these section KFC positioning is very strong in market Metropolitan Rapid Development
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SWOT ANALYSIS
Threats:
Market competition from other fast food restaurants like McDonalds, Dominos, Subway etc. Struggling to capture new market i.e- Vegetarians which comprise one-third of the population
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Demographic Segmentation In demographic segmentation, the market is divided into groups based on an age, gender, family size, income, occupation, religion, race and nationality.
Age is between 6-65. Gender is both males and females. Family size is 1-2, 3-4, 5+ Income is Rs 10,000 n above. Family lifestyle is almost all.
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Psychographic segmentation
Dividing a market into different groups based on social class, lifestyle, or personality characteristics is called psychographic segmentation. KFC divides market on the basis of psychographic variables like:
Social class- Upper and Middle class. Lifestyle is not specific. Personality is ambitious and authoritarian
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Suggest Innovated Product as they can add to their menu for Indian Consumers
Chicken Tikka/Kabab Filafil Burger All In one Veggie Fried Potato Wings Veggie Burger with Cheese
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feedback should be taken from the customer in order to know the customer demands and then improvements are made in products India consist of large no. of middle and lower class people, hence pricing should be done accordingly
Pre-mindset of the people about KFC in India should be changed with promotions and advertisements Free home delivery strategy would help in strong positioning in India
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