Wednesday, 22 July 2015

What McDonald's Plans To Do



The fast food chain has decided to focus more on sales in China by carrying out new steps to attract customers.

McDonald’s Corporation has been trying fight back the trillions of questions and concerns being thrown over on it following the difficulties it has so far faced on the stock index. The reasons that emerged on the surface for the falling share price were mostly driven by lack of proper management and ideas that failed to be far sighted. Furthermore, the fast food company has been looking towards picking it up and coming out of the difficulties all together. The new CEO of the firm, Steve Easterbrook, has also managed to bring about some of the most needed changes in the management that have suddenly made the analysts and equity firms bullish about the future of the company.

McDonald’s restaurants have previously been following all the incorrect steps to bring changes in the management but with Easterbrook’s new turnaround plan, things seem to be moving in the right direction. There has been much discussion about where the firm should take its menu and most of the things it has been using have turned out to be the things the customers do not wish to use anymore. The food industry has been moving at quite a fast speed and the competition in the market has increased by a mile which has put the famous fast food chain in a problem.

McDonald’s business is also looking towards establishing it all over again in China and Japan as it believes it can attract a massive number of customers from that region like it has before it started getting defamed.

Now to bring the attention of Chinese customers to the food chain, McDonald’s has planned to launch a new payment service for the customers who will be easily able to pay for their food online. This will help them to not only save time, but the whole ordering process will be becoming much easier on the whole.

As per the reports, McDonald’s has also launched a new machine in Shanghai which gives the customers a chance to build their own burger by following the steps on the machine. This strategy has been signed in by the food company in order to attract all the tech savvy people in the Asian countries who seem to be carrying out all their tasks through digital media.

Moreover, it should also be noted down that the idea of mobile payment is bringing about an improved business from the Asian countries where this has recently taken its toll.

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