Aug 23, 2024, 12:00 AM
Aug 23, 2024, 12:00 AM

Lessons from McDonald's on TikTok Success

Highlights
  • Chili's experienced a good quarter with a sudden TikTok trend.
  • Lessons from McDonald's and Starbucks on going viral may provide insights for Chili's success.
  • TikTok's influence on business strategies like that of Chili's and McDonald's is notable.
Story

Chili’s Grill & Bar has reported significant growth, with CEO Mr. Hochman attributing 60% of this increase to the success of its $10.99 Big Smasher meal ad campaign. Additionally, 40% of the growth is linked to the viral popularity of the Triple Dipper deal on TikTok, which gained traction in May. This highlights the impact of social media on consumer behavior and restaurant sales, prompting a closer examination of how such trends can influence business strategies. As part of its 50th anniversary celebration in the U.K., Chili’s is introducing the Triple Dipper shake for a limited time, coinciding with McDonald’s recent promotion of Grimace’s birthday. McDonald’s has a long history of successful limited-time offers, raising questions about whether their current campaign will resonate with consumers or backfire. The fast-food giant’s ability to capture viral attention may stem from its focus on quick, eye-catching promotions, contrasting with Chili’s more moderate approach. Chili’s is now tasked with retaining the new customers attracted by its viral marketing efforts. The restaurant chain aims to appeal to a diverse clientele, including younger patrons drawn in by social media and older customers seeking a casual dining experience. The combination of affordable pricing and quality offerings may help Chili’s maintain its momentum. Looking ahead, while Chili’s maintains a conservative outlook for 2025, there is potential for further growth if it can replicate the success of its viral campaigns. However, expectations should remain tempered, as the restaurant has yet to respond to inquiries regarding future promotions.

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