JEBA
Vol. 2 No. 1 (2024): June

“Kakao Math” Business Development Market Research

Indriana Puspita Dewi (Universitas Islam Negeri Sunan Kalijaga)
Alma Aulia Hanifah (Universitas Islam Negeri Sunan Kalijaga Yogyakarta)
Shahnaz Nurazizah (Universitas Islam Negeri Sunan Kalijaga Yogyakarta)



Article Info

Publish Date
02 Jun 2024

Abstract

Abstract: The increasingly competitive chocolate industry demands chocolate entrepreneurs to become more creative and innovative. "Kakao Math" is processed chocolate with a unique concept that integrates mathematical themes. However, despite the potential of "Kakao Math" products as processed chocolate, entrepreneurs still lack knowledge about consumer preferences for the product. Therefore, this research aims to analyze market research data and obtain appropriate strategies to increase competitiveness of the “Kakao Math’ processed chocolate business. The method used is by distributing questionnaires to obtain data for market research analysis. The research results show that a total of 72 data were obtained from respondents who filled out the Google Form. Based on the research results, it is known that, firstly, respondent characteristics can be observed from gender, age, education level, pocket money, and income. Secondly, the main factors determining market preferences for chocolate products can be seen from knowledge about chocolate products, preference levels, consumption levels, chocolate size, chocolate quantity, purchase purpose, purchase place, consumption purpose, and reasons for continuous purchases. Thirdly, consumer preferences for chocolate products can be observed from loyalty, interest, and recommendations. Keywords: kakao math product; market research; processed chocolate

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Journal Info

Abbrev

JEBA

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Library & Information Science

Description

The Journal of Economic and Business Analysis (JEBA), is open access, peer-reviewed journal whose objective is to publish original research papers related to business economics. These issues may include sales promotion, investment volume, the nature and extent of competition, analysis of ...