What's the Waffle House Marketing Strategy?
Before we begin... Waffle House is an American restaurant chain that has:
• 1,900 stores
• Across 25 different states
• Generating $1.3B in annual revenue
And they don't spend any money are marketing...
What's their secret? (2/10)
Waffle House positions its stores:
• Along already-existing traffic streams
• Offers a complementary service
• Gobbles up excess traffic
What traffic do they gobble up? Walmart. (3/10)
Here's what Waffle House knows:
When people shop at Walmart they:
• Drive a considerable distance
• Are traveling with family
• Will need to eat
Waffle House gobbles up the already existing traffic in the area and fills a need.
Now let's see how to use this for audience building... (4/10)