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http://dx.doi.org/10.13106/jafeb.2021.vol8.no12.0519

The Determinants of Consumer Purchasing Decisions of Health Food Products: An Empirical Study from Indonesia  

EKASARI, Ratna (Department of Management, Faculty of Economics and Business, Maarif Hasyim Latif University)
JAYA, I Made Laut Mertha (Department of Accounting, Faculty of Economics and Business, Universitas Mahakarya Asia)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.12, 2021 , pp. 519-528 More about this Journal
Abstract
The COVID-19 pandemic struck several countries in 2020. After the government officially announced that individuals will be working from home, shut public service agencies, and compelled people to wear masks and maintain social distance, several hundred business actors were forced to shut down their firms. The purpose of this study is to help companies determine the steps for a new marketing strategy for healthy food products in Indonesia. The number of samples was 500 respondents. The variance-based Structural Equation Modeling (SEM) method was used to conduct this investigation, which was similar to a marketing study. The findings show that in Indonesia, lifestyle and price perceptions influence healthy food product purchasing decisions. Meanwhile, brand awareness and customer attitudes had no bearing on healthy food products purchase decisions. The novelty of this study stems from the discovery of new opportunities for business players to market healthy food products during the current COVID-19 period. This opportunity arises as a result of changes in customer lifestyles and price perceptions, both of which must be taken into account by organizations to offer nutritious food items at reasonable rates in Indonesia.
Keywords
Marketing; Entrepreneurship; Innovation; Business Economics; Strategic Management;
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