Analyzing the Fast-Food Marketing Strategies Impacting Consumer Buying Behavior

Kentucky Fried Chicken (KFC) has long been a dominant player in the global fast-food industry, known for its distinct fried chicken offerings. This study explores the effect of KFC’s marketing strategies on consumer buying behavior, using the marketing mix framework (4P: Product, Price, Place, Promotion). Primary data were gathered from a survey of 150 consumers in Malaysia via Google Forms, while secondary data included company reports and industry publications. Regression analysis was employed to determine the relationship between the independent variables (product, price, promotion, and place) and consumer buying behavior. Results indicated that product, price, and promotion significantly impact consumer decisions, with the product being the most influential factor (beta = 0.525). Price and promotion also had positive, albeit smaller, effects, while place was statistically insignificant. The R² value of 0.755 suggests that 75.5% of consumer behavior variation can be explained by these factors. These findings underscore the importance of product differentiation and effective promotional strategies in shaping consumer preferences, while the role of physical locations may be diminishing in the fast-food sector due to the rise of delivery services

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Publication Details

Journal
International Journal of Accounting & Finance in Asia Pasific
Published
2024-10-19
DOI
https://doi.org/10.32535/ijafap.v7i3.3574
Primary Topic
Consumer Retail Behavior Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Analyzing the Fast-Food Marketing Strategies Impacting Consumer Buying Behavior

Daisy Mui Hung Kee, Wei Chien Ng, Cheah Yee Cheng, Amber Agarwal et al.
International Journal of Accounting & Finance in Asia Pasific
Consumer Retail Behavior Studies
article

Analyzing the Fast-Food Marketing Strategies Impacting Consumer Buying Behavior

Daisy Mui Hung Kee, Wei Chien Ng, Cheah Yee Cheng, Amber Agarwal, Kia Hui Gan, Sihao Chen, Xin Yao Chia, Xue Lin Chieng, Adelia Nur’ Aeni
article en

Abstract

Kentucky Fried Chicken (KFC) has long been a dominant player in the global fast-food industry, known for its distinct fried chicken offerings. This study explores the effect of KFC’s marketing strategies on consumer buying behavior, using the marketing mix framework (4P: Product, Price, Place, Promotion). Primary data were gathered from a survey of 150 consumers in Malaysia via Google Forms, while secondary data included company reports and industry publications. Regression analysis was employed to determine the relationship between the independent variables (product, price, promotion, and place) and consumer buying behavior. Results indicated that product, price, and promotion significantly impact consumer decisions, with the product being the most influential factor (beta = 0.525). Price and promotion also had positive, albeit smaller, effects, while place was statistically insignificant. The R² value of 0.755 suggests that 75.5% of consumer behavior variation can be explained by these factors. These findings underscore the importance of product differentiation and effective promotional strategies in shaping consumer preferences, while the role of physical locations may be diminishing in the fast-food sector due to the rise of delivery services

International Journal of Accounting & Finance in Asia PasificVol. 7(3)
Openalex Percentile: Top 74%
Consumer Retail Behavior Studies
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