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McDonald's is plotting to copy Amazon's strategy

McDonald's is plotting to copy Amazon's strategy
Retail2 min read

McDonald's is in the process of reinvention.

The brand is losing US customers to fast-casual options like Chipotle. To win back its clientele, McDonald's has done everything from testing burgers with trendy ingredients to selling chicken nuggets for cheap.

But in the future, McDonald's will utilize kiosks, smartphones, and wearable devices, Atif Rafiq, chief digital officer at McDonald's, told Fast Company.

Don't miss the beautiful @McDonaldsCorp booth powered by @Sprinklr & @Ideacage! #SXSW #McDonalds #AustinConventionCenter

A photo posted by Brittany Flocken, MJ (@brittanyflocken) on Mar 15, 2015 at 6:01pm PDT

McDonald's new innovations would include "kiosks similar or identical to those already on the market," Fast company reports.

Smartphones could also load a customer's past history, similar to e-commerce sites like Amazon.

"You could walk up, tap your phone to it, and sync your account via an app. From there, the screen would not just show a stock menu, but provide your order history, and offer Amazon-like recommendations," according to Fast Company.

It's been a busy week for Ideacage here at #SXSW! #McDonalds #CommandCenter #Hilton #GoldenArches

A video posted by Brittany Flocken, MJ (@brittanyflocken) on Mar 15, 2015 at 5:05pm PDT

The company has been debuting new technology at the South by Southwest festival in Austin.

Starbucks is also taking notes from the e-commerce business.

CEO Howard Schultz called the company's new delivery initiative "e-commerce on steroids."

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.

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