Factor influencing consumers’ willingness to pay for branded desserts

Branded dessert nowadays has high demand from consumer especially in Klang Valley area, however this will lead to impact for the local and traditional dessert producer. By using the marketing mix strategy this will helping the local producer to compete with the branded dessert branch. The 7P’s (prod...

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Main Author: Mohd Jamil, Siti Nur Atifah
Format: Project Paper Report
Language:English
Published: 2018
Online Access:http://psasir.upm.edu.my/id/eprint/89749/
http://psasir.upm.edu.my/id/eprint/89749/1/FP%202018%2035%20IR.pdf
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author Mohd Jamil, Siti Nur Atifah
author_facet Mohd Jamil, Siti Nur Atifah
author_sort Mohd Jamil, Siti Nur Atifah
building UPM Institutional Repository
collection Online Access
description Branded dessert nowadays has high demand from consumer especially in Klang Valley area, however this will lead to impact for the local and traditional dessert producer. By using the marketing mix strategy this will helping the local producer to compete with the branded dessert branch. The 7P’s (product, place, promotion, price, physical evidence, people and process) elements in marketing mix are used to support the business. Past studies have proven that using marketing mix gave high impact towards company business in marketing the product. Furthermore, this study tends to investigate the factors influencing the consumers’ willingness to pay (WTP) for the branded dessert. To obtain a more reliable result, a quantitative research is carried out to investigate the topic. A total of 400 questionnaires were distributed in the Klang Valley area and the results were analyzed using SPSS (Descriptive, Chi-square, Factor Analysis and Multiple Regression). Finding showed that experience, taste & packaging and culture & tradition have positive relationship toward consumer’s willingness to pay towards branded dessert. The overall results for consumer’s willingness to pay for branded dessert show a good experience infer the consumer’s willingness to pay for branded dessert. However, to get a better understanding, further study can be done that covers the other district and enlarge sample size.
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format Project Paper Report
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institution Universiti Putra Malaysia
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spelling upm-897492021-06-21T06:20:03Z http://psasir.upm.edu.my/id/eprint/89749/ Factor influencing consumers’ willingness to pay for branded desserts Mohd Jamil, Siti Nur Atifah Branded dessert nowadays has high demand from consumer especially in Klang Valley area, however this will lead to impact for the local and traditional dessert producer. By using the marketing mix strategy this will helping the local producer to compete with the branded dessert branch. The 7P’s (product, place, promotion, price, physical evidence, people and process) elements in marketing mix are used to support the business. Past studies have proven that using marketing mix gave high impact towards company business in marketing the product. Furthermore, this study tends to investigate the factors influencing the consumers’ willingness to pay (WTP) for the branded dessert. To obtain a more reliable result, a quantitative research is carried out to investigate the topic. A total of 400 questionnaires were distributed in the Klang Valley area and the results were analyzed using SPSS (Descriptive, Chi-square, Factor Analysis and Multiple Regression). Finding showed that experience, taste & packaging and culture & tradition have positive relationship toward consumer’s willingness to pay towards branded dessert. The overall results for consumer’s willingness to pay for branded dessert show a good experience infer the consumer’s willingness to pay for branded dessert. However, to get a better understanding, further study can be done that covers the other district and enlarge sample size. 2018 Project Paper Report NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/89749/1/FP%202018%2035%20IR.pdf Mohd Jamil, Siti Nur Atifah (2018) Factor influencing consumers’ willingness to pay for branded desserts. [Project Paper Report]
spellingShingle Mohd Jamil, Siti Nur Atifah
Factor influencing consumers’ willingness to pay for branded desserts
title Factor influencing consumers’ willingness to pay for branded desserts
title_full Factor influencing consumers’ willingness to pay for branded desserts
title_fullStr Factor influencing consumers’ willingness to pay for branded desserts
title_full_unstemmed Factor influencing consumers’ willingness to pay for branded desserts
title_short Factor influencing consumers’ willingness to pay for branded desserts
title_sort factor influencing consumers’ willingness to pay for branded desserts
url http://psasir.upm.edu.my/id/eprint/89749/
http://psasir.upm.edu.my/id/eprint/89749/1/FP%202018%2035%20IR.pdf