Integrity, people! What I say, do, and think must always be aligned. We can only please the consumer if we succeed in that rule. We took the kids to McDonald's. ( I'm not a fan. I prefer Burger King, but I digress.) We ordered the food, and I was hit with a wave of doubt when I saw the total—62 Euros. What? Stopping at an authentic restaurant would have cost the same and healthier. I got kind of upset and went to do some digging. Fast food prices have increased more than 40% in the last five years. I understand that prices went up globally due to several factors, but fast food is supposed to be affordable. The promise of a fast food restaurant is fast and cheap. Sure, go ahead and add convenience. I don't mind. But what is fast food if it's not fast and cheap? My research found that McDonald's CEO Chris Kempczinski thinks the problem is messaging. I want to correct him. The problem of the fast food industry is positioning, not messaging. #brand #branding #brandstrategy #fastfood #mcdonalds
Luis Pires’ Post
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🌟 $5 Meals: The New Dollar Menu in Fast Food? 🌟 Are $5 meals the new magic number for fast-food chains? 🍔 With rising prices driving more people to eat at home, major players like McDonald's, Burger King, and Starbucks are betting that $5 value meals can bring back cost-conscious consumers. 📈 McDonald's Strategy Shift: McDonald's has shifted from its dollar menu days to offer a $5 value meal, including a McDouble or McChicken, small fries, a small drink, and four-piece McNuggets. After unsuccessful attempts with non-price strategies like plant-based burgers, McDonald's is focusing on more traditional favorites to win back customers. 🌮 Taco Bell’s Approach: Taco Bell has introduced a slightly pricier $7 value meal, bundling popular items and a medium drink, offering significant savings compared to individual purchases. 💡 Consumer Perspective: As prices have increased faster than wages, many see sit-down restaurants offering better value compared to fast-food options. This pricing strategy aims to attract consumers who have felt the pinch of inflation but still seek convenient dining options. What does this mean for the fast-food industry and consumers? Will these new value meals succeed in drawing back customers? How do you feel about this shift in pricing strategy? Share your thoughts below! 🍟 #FastFood #ValueMeals #ConsumerTrends #McDonalds #BurgerKing #TacoBell #Inflation #FoodIndustry
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The performance of McDonald's and other fast food chains' value meal launches will be closely watched when the U.S. restaurants report quarterly results over the next few weeks. McDonald's, Burger King and other chains have been scrambling to improve traffic as soaring menu prices put off diners, especially from the lower-income group. "The focus will be how consumers are responding to that (value and discounts) and more importantly or equally important, how long these discounts will have to go on for to get consumers back," said BTIG analyst Peter Saleh. McDonald's, set to report results on Monday, is expected to post a drop in profit for the first time in six quarters, as well as record slower growth in same-store sales from the prior three months. Same-store sales at Wendy's, scheduled to report next week, and Burger King owner Restaurant Brands which reports on Aug. 8, are also expected to slow from the levels seen last year. For Reuters with Juveria Tabassum #fastfood #restaurants #US #McDonalds #BurgerKing
US fast-food chains' bets on value meal set to face investor scrutiny
reuters.com
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From CNBC 5. Secret sauce The restaurant industry has seen sales slump and traffic decline as customers pull back their spending. Fast-food restaurants have been hit especially hard, as low-income consumers become more budget conscious. In fact, McDonald’s is working to introduce a $5 value meal in U.S. stores to help offset the pullback. But fast-casual chains such as Chipotle Mexican Grill, Wingstop and Sweetgreen seem to be the exception to the trend. They say the higher-income consumers that frequent their stores aren’t as worried about spending, and they’re benefitting from being a better perceived value than some fast food restaurants.
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Wendy's tests demand based surge pricing, similar to Uber I believe this is a risky move when fast food is already struggling with high costs. For years, fast food was popular because it was cheap and quick. Nowadays, with a Big Mac meal priced almost the same as a healthier Chipotle bowl, the big question is: where will you choose to grab your next meal? Feel free to share your thoughts. #SurgePricing #FastFoodNews #FoodIndustryTrends #EatingHealthyVsFastFoo #ConsumerChoices #FastFoodCosts #DigitalMenuInnovation #PriceFluctuations #AffordableEats #FastFoodChallenges
Burger chain Wendy's looking to test surge pricing at restaurants as early as next year
kentuckytoday.com
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🔥 💸FAST FOOD FRIDAY: Value Wars McDonald's, Taco Bell, and Burger King Battle for Your Buck! This week, we’re diving into the latest developments in the fast food industry's value wars. Major players like McDonald's, Taco Bell, and Burger King are rolling out new value meal options, each vying for the top spot in offering the best bang for your buck. Let’s compare their strategies and see who’s leading the pack. 🍟🍔McDonald's $5 Value Meals McDonald's has officially added a $5 Value Meal to its menu, aiming to attract budget-conscious customers. This move comes as part of their strategy to maintain market share and appeal to diners looking for affordable meal options. The $5 Value Meal includes a choice of a sandwich, fries, and a drink, providing a complete meal at a competitive price point. 🌮🛍️Taco Bell's $7 Deluxe Cravings Box Taco Bell is stepping up the game with its new $7 Deluxe Cravings Box. This offering includes a mix of fan favorites such as the Chalupa Supreme, Beefy 5-Layer Burrito, Nacho Cheese Doritos Locos Tacos, and more. The box also includes a medium drink, ensuring a filling and satisfying meal for a slightly higher price. Taco Bell's strategy focuses on providing variety and value in one package. 🍔👑Burger King's $5 Value Meal Burger King is also in the race with its own $5 Value Meal. This meal deal includes a choice of a sandwich, small fries, and a small drink. Burger King's approach is similar to McDonald's, offering a complete meal at a low price, aiming to attract cost-conscious customers and boost foot traffic in their restaurants. If you are seeking NNN Real Estate or are interested in an opinion of value on your own NNN Property(s) please reach out to me to see how you can take advantage of this unique market. Want to be added to my email list where I send out weekly NNN updates, trends, and deals? DM me! tyler.bindi@marcusmillichap.com Office: 310-909-2374 Cell: 408-510-9057 Twitter/X: @TripleNetTyler https://conta.cc/3RGZszB
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McDonald’s is gearing up for 2025 with new value offerings aimed at retaining customers frustrated by high restaurant prices. I mean, who wants to pay the current price of $15.00 for a 'Big Mac' value meal. To mitigate the frustration, McDonalds plans to continue its $5 value meal, introduced this summer, through the first half of next year. Additionally, McDonald’s will roll out a “buy one add one” deal for $1 more, which includes options like a double cheeseburger, McChicken sandwich, 6-piece chicken nuggets with small fries, or breakfast items such as a Sausage McMuffin, sausage biscuit, or sausage burrito with a hash brown, according to a source. Recently, local value deals, including 10-piece nuggets for $1, have been featured on menus nationwide and in the app as part of a broader value strategy. This has received positive responses and is a good reason to continue this strategic path. #productstrategy #mcdonalds #burgers #McValue
McDonald's preparing a 2025 'McValue' offering
cnbc.com
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Breakfast wars heat up with Wendy’s offering a new value option - Wendy's woos breakfast fans with $3 meal deal - Wendy's introduced a $3 breakfast meal deal this week that includes a breakfast sandwich on an English muffin and a side order of seasoned potatoes. Other chains are also making moves to court inflation-strapped consumers, including McDonald's which recently announced a limited-time $5 meal deal. Full Story: CNBC (5/20) - https://lnkd.in/eC-Yqxux #wendys #wendysbreakfast #wendysvalue
Wendy's will offer $3 breakfast deal, as rivals such as McDonald's test value meals to drive sales
cnbc.com
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If no one wants to buy this #junkfood for 15$ or 10$ then why try to sell it for 5$? It is still J-U-N-K. A better plan is to turn #fastfood into #fairlyquickfood that is innovative. The sloppy joe-diner-sweet potato pie-malt drink zeitgeist simply does not exist anymore. It's not a magic number that these empires should be searching for- with continually dropping revenues the message is clear: it is time to search for a new a magic menu.
The summer of food #deals has a magic number with the $5 value meal, the fast-food industry's latest push to bring consumers back. Restaurant chains, including McDonald's, Burger King and Starbucks, are promoting affordability with new promotions as consumers trade down to eat at home. Learn more in my latest story for Axios. Are these new deals making you crave fast food? Share your thoughts below. 🍔
How $5 has become the fast food industry's magic number
axios.com
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