Report - Data Visualization for Management Monthly Credit Card Usage JulyAugust
ID: 369925 • Letter: R
Question
Report - Data Visualization for Management Monthly Credit Card Usage JulyAugust September October November December Pa yment1 AIRLINES ALCOHOL ANTIQUES APPLIANCES AUTO BARS BUILDING SUPPLYWHOLE.. CHARITYICOMMUNITY ORG CLOTHES COMPUTERS CONTRACTOR/BUSINESS S.. CONVENIENCE STORES DEPARTMENT STORES DIRECT MARKETING DISCOUNT STORES DURABLES EDUCATION ELECTRONICS ENTERTAINMENT FAST FOOD FINANCIAL SERVICES FURNISHINGS GAMBLING GAS GIFTS GOVERNMENT SERVICES GROCERIES HEALTHCARE HOBBIES HOT FILE HOTELIMOTEL INSURANCE JEWELRY LEGAL LUGGAGE NONCLASSIFIABLE ESTAB. OFFICE SUPPLYISTATIONE. OTHER PAWN SHOPS 8,628 227,556 155,148 710,832 29,892 143,460 1,344 41,328 3,336 24,456 10,200 9,858 11,640 132,02482,344 24,600 5,922 32,136 357,120 53,436 5,226 5,526 408 804 45,228 25,980 76,608 402,582 217,800 2,664 2,922 6,528 19,728 5,058 822 100,344 53,166 13,188 21,048 11,700 23,688 31,428 3,048 34,272 3,792 12,888 34,296 6,384 6,930 3,060 22,500 4,092 17,652 1,050 3,534 2,964 5,778 1,092 18,576 4,782 18,360 36,228 245,064 460,440 244,560 2,832 48,240 18,000 9,072 1,278 17,640 10,848 14,772 28,080 5,742 19,296 8,856 6,228 2,724 8,532 2,844 16,032 14,940 16,320 3,360 4,260 67,854 43,608 4,494 888 19,260 2,928 2,880 900 21,816 990 1,914 10,680 15,20452,056 15,360 101,940 15,060 27,468 708 840 11,838 10,542 87,396 11,484 38,082 68,628 2,022 10,998 68,988 32,100 3,060 4,896 39,888 39,546 17,30466,156 23,184 6,264 522 1,638 876 9,996 34,740 14,580 17,688 5,364 5,004 816Explanation / Answer
Hi,
Thanks for the question.
4 P's define the marketing strategy for any company or for a particular brand. This is the strategy to reach and market the product to the customers.
The 4 P's will be:
Product: As mentioned, the product for this particular scenario will be McChicken and Big Mac.
Price: Price generally should be according to the perception of the customers to see its worth. They should consider to price the product moderately not on a low price because that would give the feel as the quality compromised.
Place: That should be very evenly distributed across the outlets in the US. The product will be very popular so the company should be very efficient in the distribution.
Promotions: Mcdonald's is very aggressive in terms of the advertising mostly in the Tv advertisement or OOH branding.