Top 10 Reasons WHY McDonald's is so CHEAP!

List of top 10 reasons why McDonald's is so cheap. Is McDonald's cheap because of the reputation it builds with its suppliers? This why McDonald's has been so successful for so long in the world.
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Everyone is familiar with the fast-food restaurant, McDonald's. If not, where have you been for the past 70 years? McDonald's is known for their quick and cheap service. So, what exactly makes it so inexpensive? Let's take a look, with the top 10 reasons why McDonald's is so cheap.

Ever wonder how can a fast food chain ever make money from a $1 burger in the United Staes of America? People will point out that McDonald's cheap food exists within and has in many ways created a food system that values cheap food that forces environmental damage. McDonald's sustainability efforts are always spurred by profit interests and not environmental concerns according to some experts. If you enjoyed this video list of top 10 reasons why McDonald's is so cheap. Comment: #mcdonalds #fastfood #cheapfood

TIMESTAMPS:
0:00 Reasons Why McDonalds Is So Cheap
0:27 Cheap, minimum-wage labor
2:01 Exploitation of the environment
3:38 The more customers, the merrier
5:11 Meat is mass-produced
6:37 Ingredients are bought in wholesale
7:43 A broken food system
9:05 McDonald’s loyalty and suppliers
10:24 Advertising makes products seem cheaper
12:00 Big partnerships with well-known companies
13:33 McDonald’s loves to upsell

SUMMARIES:
- Working at McDonald’s is a common first job for students or people who have no work experience. Why is that? It's likely because McDonald’s tends to pay their workers minimum wage.
- McDonald’s is taking the steps necessary to lower their impact on the environment.
- McDonald’s aim is to bring in as many customers as they can, no matter the cost, literally.
- It's hard to tell what impact this will have on prices if McDonald’s decides to get all of their meat from sustainable sources.
- Since there are over 37,000 McDonald’s restaurants in the world, they have a lot of ingredients to buy. This means that they buy all of their products and ingredients wholesale in order to meet high demands.
- Many Americans rely on cheap food options due to the weak economy and low minimum wage.
- Partnering with only one soft drink supplier keeps costs low as Coca-Cola not only offers heavy discounts to McDonald's, but they also pay McDonald’s to advertise their products.
- Advertising and promotions are what keep bringing in customers - new and old alike.
- One of the best known partnerships at McDonald’s is when they run their Monopoly board game promotion which has been around since 1987.
- McDonald’s is said to have mastered the art of upselling, the process in which they ask customers if they want to upsize a drink or side or ask if customers want to add something to their meal.