They built goodwill over the years and made a solid "brand" for the business.
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Cheap, good and tasty!
kfc need or want product
KFC Core was created in 2003.
growth
KFC Core was created in 2003.
Super super super bad
The product itself basically makes it a core product to the company. If the product is something people find necessary or a must have then that product then becomes the core product because it sells and makes money.
A company's core product is the number 1 thing the company sells most of. For example Kentucky Fried Chicken's core product is chicken. All the other products such as mash potatoes, corn, biscuits are not the core product, but rather additional products.
The product life cycle of KFC typically involves several stages: introduction, growth, maturity, and decline. Initially, KFC introduced its unique fried chicken and sides, gaining popularity rapidly during the growth phase. As it reached maturity, KFC expanded its menu and adapted to regional tastes, maintaining its customer base. However, competition and changing consumer preferences can lead to a decline phase, prompting KFC to innovate and refresh its offerings to sustain relevance in the market.
The core product is the most basic level, what consumers really buy in terms of benefits
Core Product refers to the part of the product that has the core bnefits and is mostly related to the core comptences of the business. For instance, Honda manufactures engines whihc are their core product. COre products are later used for developing products for end-user consumtion. Honda's engines are used for developing cars, and household machinery. This additions are the augmented elements of the product, which bring a further benefit to the use of the particular product.
KFC stuffing, a popular item often served during the holidays, was discontinued in 2018. The decision was part of the chain's efforts to streamline its menu and focus on core offerings. Fans of the stuffing expressed disappointment, but KFC has since introduced various new menu items to attract customers.
KFC originated in the United States and is now owned by Yum Brands.