Burger King is a great company, but they might be making a mistake.
Most of the time, companies want to use an advertising campaign to drive traffic to their store.
Let it be known that I like plenty of things at Burger King, and I am not trying to start any debate about which fast food tastes the best.
Let’s face it; we’re not really picking ANY of them as our choice for our “
Last Supper.”
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Burger King is running a great ad campaign that could backfire. |
Burger King is doing a lot of things right with one of its current marketing campaigns, but the company’s marketers overlooked one of the basic principles of business.
Currently, they have a really good deal: $1.49 for 10 chicken nuggets.
While I don’t work for Burger King’s headquarters or even at one of its many franchise locations, I’m pretty sure they are not selling their nuggets for a profit with this deal.
So why are they doing this?
I don’t know, for sure, but I speculate that this is a loss leader for them.
Burger King is really good at making its chicken nuggets look really tasty in its commercials, and they are running several different ads to promote this. Plus, they are running this ad all of the time.
So they make something that looks really good for a really good price, and they’re making sure that people know about it.
Yeah, I agree. That is definitely going to bring people into their stores. Yes, they might not make a profit on selling THOSE nuggets (and might even lose a little, hence the term “loss leader”), but many people coming into Burger King stores to buy those nuggets will order other things that tend to generate much higher profit margins for them, like soda pop and fries.
So what’s wrong with this campaign?