There are many different fast food chains in the world, but only a few of them have achieved legendary status. Five Guys is one of those restaurants. They are known for their delicious burgers and fries, and their loyal fan base is a testament to that.
But who is their target market? And why do they love their burgers so much?
In this article, we will explore the Five Guys target market and understand what attracts people to this burger restaurant chain over others.
Who is the Five Guys Target Market?
To best understand the Five Guys target market, we need to first understand who is the target market for a burger restaurant and secondly why they choose Five Guys over a multitude of alternatives that are probably available to them.
This way we focus on the customer’s need to eat burgers and their motivation to go to Five Guys. By understanding their needs and their wants we can appreciate their motivation to select a burger place like Five Guys to spend their money on a good meal.
Such an analysis gives us the following segments of the Five Guys target market:
- People who love burgers and fries
- People who love the food at Five Guys
- People looking for great food that’s reasonably priced
- People looking for an easy and casual place to eat
- People who appreciate quick and efficient service
- Parents looking to take the kids to a fun place to eat
- People looking for a place to meet friends over a meal
- People who like a restaurant with broad menu options
- People looking for a meal on-the-go
- Office workers looking for a quick bite
Let’s look closely at each of these segments of the Five Guys target market.
#1. People who love burgers and fries
This segment of the Five Guys target market is the most obvious. People who love burgers and fries are going to be naturally drawn to a restaurant like Five Guys that specializes in them.
Having said that, it’s important to note that these people are looking for a place that makes great burgers and fries but they are not specifically looking for Five Guys.
In other words, they are not necessarily brand loyal to Five Guys, they just want a good burger and fries place and would willingly go to another restaurant that can give them what they want.
#2. People who love the food at Five Guys
What’s interesting about this segment of the Five Guys target market is that they are not just looking for any burger and fries place, they specifically want the burgers and fries from Five Guys.
This indicates a higher level of brand loyalty than the previous segment. These people have probably tried Five Guys before and liked it so much that they want to keep coming back for more.
The key to attracting this segment of the target market Five Guys needs is to ensure that the quality of the food remains high and consistent.
If these people have a bad experience at Five Guys, they are likely to switch loyalties to another burger place.
#3. People looking for great food that’s reasonably priced
People looking for great food that’s reasonably priced is another segment of the Five Guys target market. These people are looking for value and they want to get the most bang for their buck.
Five Guys is a great option for these people because they offer high-quality food at very reasonable prices. People in this segment are usually willing to sacrifice some amenities (like atmosphere) in order to get a great meal at a good price.
They may even simply buy the food to go instead of sitting down and eating at the restaurant.
#4. People looking for an easy and casual place to eat
For those who prefer to sit down and relax while they eat their burger, Five Guys is still a great option because it’s an easy and casual place to eat.
People in this segment are looking for a place where they can just sit and enjoy their food without having to worry about anything else.
The casual atmosphere of Five Guys is perfect for these people and they are likely to become regular customers if they have a good experience.
#5. People who appreciate quick and efficient service
Most people who go to a place like Five Guys are looking for quick and efficient service. They want to be in and out as quickly as possible so they can get on with their day.
These days no one has the time or patience to wait around for their food and Five Guys is known for being quick and efficient. This is a major selling point for this segment of the target market.
The staff at Five Guys is known for being friendly and helpful, which also goes a long way with this segment of the target market. They want to be served by someone who is happy to be there and who is going to make the experience as enjoyable as possible.
#6. Parents looking to take the kids to a fun place to eat
Taking kids out to dinner can be a challenge but it’s something that parents have to do from time to time. When they are looking for a place to take the kids, they want somewhere that is fun and affordable.
Five Guys is a great option for parents because it’s a place that kids will enjoy and the food is reasonably priced.
This segment of the Five Guys target market is also looking for a place that is kid-friendly and where they won’t have to worry about their kids making a mess.
#7. People looking for a place to meet friends over a meal
This segment of the Give Guys target market is looking for a place to catch up with friends over a meal. They want somewhere that is comfortable and where they can relax and enjoy some good food and conversation.
Five Guys is a great option for these people because it has a relaxed and comfortable atmosphere. The food is also good quality, which makes it the perfect place to meet up with friends.
#8. People who like a restaurant with broad menu options
Many people prefer to go to a restaurant that has a broad menu so they have more options to choose from. This group of people does not like to be limited in their choices and they want to be able to find something that they will enjoy.
Five Guys restaurants have a wide variety of menu items to choose from. What this also means is that there is something for everyone, which makes it a great place to go with a group of people.
Also, people who like many options on the menu are likely to be frequent customers because they will never get bored with the food. They can always find something new to try, which keeps them coming back.
#9. People looking for a meal on-the-go
When someone’s in a hurry and is looking for a quick meal, they often turn to fast food options. However, there are times when people want something that’s a little bit better than fast food but is still quick and easy to grab on the go.
This is where Five Guys comes in. The burgers are made fresh and they are a step up from fast food options. So with Five Guys people in a rush can have the best of both worlds – a quick and easy meal that is also delicious.
This segment of the Five Guys target market looks for convenience without sacrificing quality and they are willing to pay a little bit for it.
#10. Office workers looking for a quick bite
When someone at work needs to grab a quick lunch or snack, they often turn to the vending machine or the office cafeteria. But sometimes these options are not very appealing and people crave something better.
Five Guys is a great option for office workers who are looking for a quick bite. The burgers are fresh and delicious, and they can be ordered to go so there’s no need to wait around.
So a Five Guys that is close to an office building is likely to get a lot of business from people who are looking for a quick and easy meal. To attract this market, Five Guys competes not just with other burger and fries restaurants but with similar fast-casual restaurants like Panera Bread, Pret a Manger or Chipotle.
Conclusion
The Five Guys target market includes people who both love burgers and fries type of food and specifically love the food at Five Guys.
People who are looking for a quick and easy meal also find themselves going to a Five Guys restaurant if it’s convenient. Another point of attraction is the quality of service.
Parents looking for a place to take kids to eat also like Five Guys for the many options that it has that kids tend to love without complaining a lot. Likewise, people who like the broad menu options also find Five Guys a good place to eat.
For many, quick service is a vital point of differentiation between restaurants, and this segment of the Five Guys target market appreciates the quality and speed of service that they get there.
When looking for a place to meet friends, hang out, and get a quick bite, people often just meet up at a Five Guys restaurant. They can be sure to get an affordable and tasty meal – a perfect option between fast food and casual dining.
Finally, people who want to grab a quick bite on the go, which can include office workers, also appreciate Five Guys for their great balance between price, quality and convenience.