The Speedee Service System (1948): The McDonald brothers invented assembly line cooking.
Ray Kroc and real estate: “I’m not in the business of burgers, I’m in real estate.” McDonald’s owns the buildings and leases them to franchisees.
Franchise: A scalable system infinitely, where the franchisee takes the risk and pays royalties.
Child Marketing: Ronald, Happy Meal. Capture the customer from childhood for life.
Local adaptation: McBaguette in France, McSpicy in India. Global but local.
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