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Failure Case Study - MrBeast Burger

  • PDF Icon

    Report

  • 18 Pages
  • November 2023
  • Region: Global
  • GlobalData
  • ID: 5933065
This report examines how the unforeseen decline of MrBeast Burger resulted in legal actions and lawsuits.

MrBeast Burger, a YouTube-owned ghost kitchen QSR, was launched in 2020 and initially had a lot of success. However, the brand was unable to keep up with the consumer demand, which led to inconsistent output leaving consumers unsatisfied.

Scope

  • As most of the food was cooked by third-party kitchens, food quality was very inconsistent, which ultimately meant consumers stopped returning.
  • As the company was launched during COVID-19, takeaways were much more popular. Consumers ordered food from delivery services 15% less in Q2 2023 compared to Q1 2021.
  • MrBeast Burger entered an overly saturated market with a lack of any differentiation.

Reasons to Buy

  • Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
  • Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
  • Access valuable strategic take-outs to help direct future decision-making and inform new product development.

Table of Contents

  • What?
  • Why?
  • Take-aways
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • MrBeast Burger
  • Virtual Dining Concepts
  • Feastables
  • Packed Bowls
  • Prime