CosMc’s Demonstrates McDonald’s Ability to Further Expand the QSR Industry and Challenge Its Competitors
McDonald’s recently threw its hat into the beverage-leaning QSR ring with the launch of its CosMc’s chain. Can this latest innovative strategy in expanding its menu offerings challenge the more established competitors in the industry and enhance customer experience?
Joe Reinstein, Executive Director at the Digital Restaurant Association, provided some timely insight into McDonald’s strategy, highlighting its potential to revolutionize the fast-food industry without compromising its core services. With CosMc’s, the fast food chain now stands as a direct competitor to Dunkin Donuts and Starbucks, who have particularly built and honed lanes in the beverage-centric concept. While McDonald’s will maintain many aspects of its signature style, its newest strategy allows them to be more engaged in a niche corner of fast food.
“This allows McDonald’s to go after more day parts and take Starbucks head on without screwing up speed of service and executional complexity in their core McDonald’s restaurants,” said Reinstein.
Article written by Alexandra Simon.
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