Page 35 - Foundations of Marketing
P. 35

Customer-Driven Strategic Marketing






                                                                                                  O B J E C T I V E S

                                                                                            1.  Define  marketing .
                                                                                           2.  Be aware of the marketing
                                                                                           concept.
                                                                                           3.  Understand the impor-
                                                                                           tance of building customer
                                                                                           relationships.
                                                                                           4.  Understand the role of
                                                                                           marketing in our global
                                                                                                                          © marcnorman/iStockphoto.com
                                                                                           economy.












                                                   M A R K E T I N G   I N S I G H T S



                                       Chipotle Grill—Where Relationships Matter


                    Chipotle Mexican Grill seems to do things a bit   customer satisfaction by ensuring that products are
                  differently from other fast-food chains. Chipotle   of the best quality. The company also spends a great
                spends very little on advertising compared to       deal of time investigating ways to improve the taste
                the competition. Chipotle spends only $   6    mil-  and quality of its products. For instance, the com-
                lion on ad campaigns in a year. Comparatively,      pany’s owner had a team of engineers create a new
                Arby’s— considered the smallest of the fast-food    machine that heats tortillas evenly after he couldn’t
                chains—spends nearly $   100    million. Instead of   convince his distributor to make one according to
                paid advertising, Chipotle strives to form relation-  acceptable standards.
                ships with customers to encourage positive word of         Advancing technology offers new opportunities
                mouth and gather marketing research. For instance,   for Chipotle Grill to connect with customers—but the
                Chipotle offers an invitation-only loyalty program to   restaurant chain is being cautious. While the com-
                customers willing to take the time to answer ques-  pany is investigating other marketing platforms like
                tions about the company’s philosophy.               iPhone apps and social media tools, it wants to retain
                       Furthermore, Chipotle’s “food with integrity”   human interaction in the Chipotle experience. This
                products use fresh food with ingredients grown      is demonstrated in its practices—selecting only the
                naturally and sustainably from local farmers when-  cheeriest of applicants. Chipotle continues to be suc-
                ever possible, increasing positive relationships with   cessful because of its innovative and unique approach
                                                                                                            1
                local suppliers. Chipotle attempts to create high   to marketing and stakeholder relationships.


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