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(Hawkins & Mothersbaugh, 2010). There are different factor that affects consumer
behavior. One is the psychological factor, which is the internal factor that includes
of acquiring new knowledge, memory which refers to the information that has been
individual’s way of thinking, feeling, and behaving, and lastly emotions and attitudes.
Business owners should take care of this internal factor because it will be affecting the
Anonymous (2014) social factor is the factors that are prevalent in the society
where the consumer lives. The society is composed of several individuals with their
different preferences and behaviors. This behavior will influence the personal
preference of the other individual as they tend to perform different activities which are
acceptable in the society. One of it is the family; they play the crucial role in designing
one’s preferences and behaviors. It offers the environment wherein the individual evolve
Alfred Marshall was an economist who believed that consumer buys their goods
and services based on what offers the most personal satisfaction. (Rebecca Bernstein,
2016) Price is one of the factor that the consumer consider when choosing and
purchasing products or services. Consumer will choose products and services base on
their need and wants and will purchase if consumers can afford the price of the products
and services with a high quality and will meet the consumer’s satisfaction.
ingredient and transformed the coconut as burger patty, the researchers named this
product Coco Burger. Coco Burger can sell to the market with affordable price and have
the same as the meat patty. Coco Burger will patronize by the consumer as the
consumer realized that the consumer can purchase a burger, a healthy burger that will
benefit the consumer’s health with affordable price unlike the most of the usual burger
with processed meat as the patty that can lead to cancer. The World Health
Organization has classified processed meats including ham, bacon, salami and
frankfurt as a Group 1 carcinogen (known to cause cancer) which means that there’s
strong evidence that processed meats cause cancer. (Cancer Council, 2015)
Presenting a new and innovative product in the market is not easy, so the
researchers create a new and innovative product which is coco burger. Product
innovation is believed to increase the consumer’s utility but only effective if the
researchers will invest in marketing which will be the key for the researcher to find out
the acceptability of this new and innovative product. Since there is a big increase on
competition in the market there will always be a decrease in your innovation that is why
the researcher will use social media so present the product to test and compare how will
the consumers accept and respond to the newly innovated product through social media
in which the product will be easy to access and discover by the consumer. (Kaiser &
Ulrich 2011, Product Innovation and Product Innovation Marketing: Theory and Micro