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Foreign Currency-Centric Marketing Stunts

McDonald's Celebrates Its Worldwide Favorites Menu

— June 14, 2019 — Marketing
McDonald's Worldwide Favorites Menu boasts four new items — the 'Stroopwafel McFlurry' from the Netherlands, the 'Grand McExtreme Bacon Burger' from Spain, the 'Tomato Mozzarella Chicken Sandwich' from Canada, and the 'Cheesy Bacon Fries' from Australia. Available across restaurants in the United States, the factor of globalization is apparent here. However, McDonald's turns the notch a bit on that with a special deal that was valid for only three hours on June 6th.

After its debut, the Worldwide Favorites Menu items were available to consumers at any price between 2 PM and 5 PM. The initative was thematically tied to the global character of the collection. Individuals were able to pay for their meal through any currency that has been left over after traveling.
Trend Themes
1. Currency-centric Marketing - Businesses can focus on promoting a product or service by accepting multiple forms of foreign currencies, facilitating convenience and inclusivity for international consumers.
2. Globalization-inspired Menus - Creating menus based on popular food items from different countries can be a lucrative opportunity for companies seeking to cater to a diverse customer base and showcase cultural variety.
3. Limited-time Offers - Limited-time promotions can generate excitement and urgency to attract more customers and drive sales, especially when themed around a particular event or global trend.
Industry Implications
1. Fast Food - Fast food chains can adapt a global menu to reflect their customers' diverse culinary preferences and inclusive values, leveraging foodie culture and social media to build brand awareness.
2. Travel - Travel companies can incorporate foreign currency options into their payment systems, providing seamless transactions for tourists and tapping into a new revenue stream from commission fees and currency exchange rates.
3. Retail - Retail stores can offer limited-time global merchandise collections as part of their seasonal marketing campaigns, connecting with customers' travel aspirations and cultural curiosity to increase foot traffic and sales.
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