The trend: Fast-food restaurants are leaning into nostalgia to get customers through the door.
Zoom out: Nostalgia marketing can be a highly effective way of getting consumers to open their wallets: Nearly half of US adults (48%) say they are somewhat or extremely likely to purchase an item if it makes them feel nostalgic for the past, according to a CivicScience survey.
The big picture: McDonald’s and Burger King’s use of nostalgia—and popular IP—is enabling them to build emotional connections with consumers and create additional reasons to visit their restaurants.
Still, the strategy has its limits. Longer-term benefits may prove elusive, as Wendy’s discovered. While its Krabby Patty campaign delivered outsize growth in Q3 2024, the fast-food chain is now planning to close hundreds of stores as it struggles to attract lower-income consumers.
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