SlideShare a Scribd company logo
1 of 21
AN ANALYSIS OF CONSUMER BEHAVIOR
    TOWARDS GREEN PRODUCTS
WHAT IS GREEN MARKETING ?
WHAT IS A GREEN PRODUCT ?
WHY ARE FIRMS GOING GREEN ?
•               Macdonald’s have stopped packaging their
    hamburgers etc in polystyrene containers and now
    use cardboards which comes from a renewable resource
    and is biodegradable or recyclable .
                Hotels around the world are turning eco-
    friendly by the use of herbal toiletries, stationery from
    recycled paper, “no-smoking” rooms, less detergents
    and wasting less water, spending on gardens and
    orchards.
The production process is compatible with ecosystem

It is compatible with goals of the company


It satisfies the consumers
Eco label is an environmental claim that
appears    on    the packaging of a
product, making it easy for the consumers to
take environmental concerns into account
when shopping.
It is awarded to a manufacturer by an
appropriate authority. ISO 14020 is a guide
to the award of Eco-labels.
The government of India launched an
Eco-mark Scheme in 1991 to encourage the
customers to purchase those products which
have less harmful environmental impact.
THE 4 GREEN P’s
1. Green Product : Attributes such as energy saving, organic
   etc. that leads to reduction in resource consumption and
   pollution.
2. Green Price : Most consumers will pay additional value if
   there is a perception of extra product value .
3. Green Place : Aiming to reduce carbon footprint by way of
   managing logistics to cut down transport emanations.
4. Green Promotion : To address the relationship between a
   product and the environment, to promote green life
   style, and to present a corporate image of environmental
   responsibility.
CONSUMER
                  DEMOGRAPHIC
                  (Age, Gender, Income, Ed
                  ucation)




ELEMENTS OF
GREEN MARKETING
Product                                      PURCHASE
Price                                        DECISION
Place
Promotion
RESEARCH METHODOLOGY
• Research Objective :
To investigate the factors that influence
consumers’ choice of eco-friendly products over
conventional products
                         &
To find out the relation between consumers’
attitude and perception towards green marketing
w.r.t price sensitivity and quality.
• Sample Size, Sample Unit and Sample Design :
150 respondents, Age Group of 25-30 years,
Convenience Sampling.

• Sources of Data :
Both Primary and Secondary Data.
Primary data has been collected through a
structured questionnaire and personal interviews
and observation.
56 % respondents have ever purchased a green product, 44 %
have not purchased yet and 75 % of this 44 % respondents who
are yet to purchase green products may buy it in the future.


       28 % respondents always prefer buying green products over
       traditional products, 20 % respondents frequently buy green
       products over traditional products, 8 % sometimes buy green
       products over traditional products whereas 44 % respondents
       never buy green products over traditional products.


Only 35.33 % respondents are willing to pay premium to
purchase green products.
Regarding familiarity with green products, 24.44 % of
respondents have come to know about green products through
magazines, 22.22 % through newspapers, 15.56 % have come
across green products on the internet and 12.22 % have been
acquainted with it in store.




     Surprisingly, the role of electronic media (TV and Radio) is
     negligible in creating familiarity to green products (6.67 % and
     11.11 % respectively).
89.29 % of green product users are willing to recommend green
products to others, 9.09 % of respondents would like
recommending green products , though they themselves have not
yet used, on account of factors like environment protection
responsibility, safe for health etc. The rest finds green products not
worthy of recommendation due to a host of factors like costlier, not
much difference in performance or quality, customers are cheated
by companies in the name of green products etc.



          Quality of the product is the top most priority factor, then
          price, place and promotion respectively in influencing the
          purchase of green product.
Quality and Certification are the two considerable variables (since got
same rank with same probability) while purchasing green products. It is
also clear that price is not at all a considerable variable for selection of
green products, rather, being “eco-friendly” and “good for health” are
much more important.



   37.73 % respondents are in favor of saving utility bills and so prefer paying
   premium for green products, 18.86 % respondents prefer paying premium
   because green features are eco-friendly, 15.09% respondents are ready to
   pay premium as they feel responsible towards protecting the environment.
CONCLUSION
• Consumer Behavior plays a major role in the choice of
green products.

• The marketers of green products / services need to be more
innovative and dynamic to compete with the changing
purchase behavior among customers.

• The study brought out the fact that the people are
considerably well aware of green products, but not loyal
entirely towards it due to a host of factors like expensive, not
much difference when compared to traditional products in
terms of performance and quality, commercials being
perceived as gimmick only, etc.
CONCLUSION CONTD…
                         CONCLUSION

• To attract customers more towards green
  products, the marketers must create promotions
  which are both realistic and have moral values
  and the product availability in terms of volume
  and variety are also important.
• Business organizations should start following
  green marketing strategies as it offers incentives
  and growth opportunities in the long
  term, though it may involve huge start-up costs.
 Either Fold It Or Let It Be Unfold
 Just Going Green Is Not Enough, Be Transparent
 Know Your Consumers
 Empower Your Consumers
 One Size Doesn’t Fit All
 Make Yourself Audible To The Consumers
 Mull Over Pricing
 Selecting The Right Name
 Take Advantage Of Govt. Regulation That Mandates
  Behavior Change
~ Tanusree Bhowmick & Subhojit Chakraborty
   Astt. Prof, DSMS GROUP OF INSTITUTIONS
                  DURGAPUR

More Related Content

What's hot

Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...Preeti Acharya
 
The Role of Green Marketing and its effect on Consumers
The Role of Green Marketing and its effect on ConsumersThe Role of Green Marketing and its effect on Consumers
The Role of Green Marketing and its effect on ConsumersAmisha Shaw
 
Emerging Trends Of Green Marketing In India
Emerging Trends Of Green Marketing In IndiaEmerging Trends Of Green Marketing In India
Emerging Trends Of Green Marketing In IndiaLatha setna
 
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”Ritesh Gholap (Digital Ritesh)
 
Consumer green behavior for green products
Consumer green behavior for green productsConsumer green behavior for green products
Consumer green behavior for green productsVishwajit Kathe
 
Green Marketing in India – An Overview
Green Marketing in India – An OverviewGreen Marketing in India – An Overview
Green Marketing in India – An OverviewAnto Chacko
 
Impact of Green Marketed Product on Consumer Purchase Decision
Impact of Green Marketed Product on Consumer Purchase DecisionImpact of Green Marketed Product on Consumer Purchase Decision
Impact of Green Marketed Product on Consumer Purchase DecisionKUMAR GAURAV
 
49659549 green-marketing
49659549 green-marketing49659549 green-marketing
49659549 green-marketingjupinder_kaur
 

What's hot (20)

Green marketing
Green marketingGreen marketing
Green marketing
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...
 
Green marketing ppt
Green marketing pptGreen marketing ppt
Green marketing ppt
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green marketing ppt-pvb
Green marketing ppt-pvbGreen marketing ppt-pvb
Green marketing ppt-pvb
 
The Role of Green Marketing and its effect on Consumers
The Role of Green Marketing and its effect on ConsumersThe Role of Green Marketing and its effect on Consumers
The Role of Green Marketing and its effect on Consumers
 
Emerging Trends Of Green Marketing In India
Emerging Trends Of Green Marketing In IndiaEmerging Trends Of Green Marketing In India
Emerging Trends Of Green Marketing In India
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”
“A STUDY OF CONSUMER AWARENESS TOWARDS GREEN FOOD PRODUCTS IN PUNE CITY”
 
Consumer green behavior for green products
Consumer green behavior for green productsConsumer green behavior for green products
Consumer green behavior for green products
 
Green Marketing in India – An Overview
Green Marketing in India – An OverviewGreen Marketing in India – An Overview
Green Marketing in India – An Overview
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Impact of Green Marketed Product on Consumer Purchase Decision
Impact of Green Marketed Product on Consumer Purchase DecisionImpact of Green Marketed Product on Consumer Purchase Decision
Impact of Green Marketed Product on Consumer Purchase Decision
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green Marketing Dissertation Topics
Green Marketing Dissertation TopicsGreen Marketing Dissertation Topics
Green Marketing Dissertation Topics
 
49659549 green-marketing
49659549 green-marketing49659549 green-marketing
49659549 green-marketing
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 

Similar to GREEN MARKETING - AN ANALYSIS OF CONSUMER BEHAVIOUR TOWARDS GREEN PRODUCTS

A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGA STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGErica Thompson
 
GREEN MARKETING.pptx
GREEN MARKETING.pptxGREEN MARKETING.pptx
GREEN MARKETING.pptxshashankM67
 
Green marketing
Green marketing Green marketing
Green marketing Anand Verma
 
Graduation project green marketing
Graduation project  green marketingGraduation project  green marketing
Graduation project green marketingParu Taneja
 
A study on Green marketing
A study on Green  marketing A study on Green  marketing
A study on Green marketing Arya Rajan
 
Green marketing unit 1 mba 2nd sem
Green marketing unit 1 mba 2nd semGreen marketing unit 1 mba 2nd sem
Green marketing unit 1 mba 2nd semneha deshmukh
 
Marketing Research
Marketing ResearchMarketing Research
Marketing ResearchMuzamil shah
 
Green Marketing/Companies Going Green
Green Marketing/Companies Going GreenGreen Marketing/Companies Going Green
Green Marketing/Companies Going GreenSubham Jaiswal
 
Green marketing
Green marketingGreen marketing
Green marketingklrcbm
 
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESGREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESANUGYA JAISWAL
 
Green marketing
Green marketingGreen marketing
Green marketingDrBRamija
 
Green Marketing / Promoting Green Marketing Issues & Challenges
Green Marketing / Promoting Green Marketing Issues & ChallengesGreen Marketing / Promoting Green Marketing Issues & Challenges
Green Marketing / Promoting Green Marketing Issues & ChallengesPrashant Arsul
 

Similar to GREEN MARKETING - AN ANALYSIS OF CONSUMER BEHAVIOUR TOWARDS GREEN PRODUCTS (20)

Capstone Project_AC (final).pdf
Capstone Project_AC (final).pdfCapstone Project_AC (final).pdf
Capstone Project_AC (final).pdf
 
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGA STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
 
GREEN MARKETING.pptx
GREEN MARKETING.pptxGREEN MARKETING.pptx
GREEN MARKETING.pptx
 
Green marketing
Green marketing Green marketing
Green marketing
 
Greenmarketing
Greenmarketing Greenmarketing
Greenmarketing
 
The Green Consumerism
The Green ConsumerismThe Green Consumerism
The Green Consumerism
 
FinalThesis
FinalThesisFinalThesis
FinalThesis
 
Graduation project green marketing
Graduation project  green marketingGraduation project  green marketing
Graduation project green marketing
 
A study on Green marketing
A study on Green  marketing A study on Green  marketing
A study on Green marketing
 
Green marketing unit 1 mba 2nd sem
Green marketing unit 1 mba 2nd semGreen marketing unit 1 mba 2nd sem
Green marketing unit 1 mba 2nd sem
 
Marketing Research
Marketing ResearchMarketing Research
Marketing Research
 
Green Marketing/Companies Going Green
Green Marketing/Companies Going GreenGreen Marketing/Companies Going Green
Green Marketing/Companies Going Green
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green Products And Corporate Strategy
Green Products And Corporate StrategyGreen Products And Corporate Strategy
Green Products And Corporate Strategy
 
Green marketing
Green marketingGreen marketing
Green marketing
 
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESGREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green Marketing.pptx
Green Marketing.pptxGreen Marketing.pptx
Green Marketing.pptx
 
Green Marketing / Promoting Green Marketing Issues & Challenges
Green Marketing / Promoting Green Marketing Issues & ChallengesGreen Marketing / Promoting Green Marketing Issues & Challenges
Green Marketing / Promoting Green Marketing Issues & Challenges
 
Green marketing
Green marketingGreen marketing
Green marketing
 

Recently uploaded

8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 

Recently uploaded (20)

8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 

GREEN MARKETING - AN ANALYSIS OF CONSUMER BEHAVIOUR TOWARDS GREEN PRODUCTS

  • 1.
  • 2. AN ANALYSIS OF CONSUMER BEHAVIOR TOWARDS GREEN PRODUCTS
  • 3.
  • 4. WHAT IS GREEN MARKETING ?
  • 5. WHAT IS A GREEN PRODUCT ?
  • 6. WHY ARE FIRMS GOING GREEN ?
  • 7. Macdonald’s have stopped packaging their hamburgers etc in polystyrene containers and now use cardboards which comes from a renewable resource and is biodegradable or recyclable . Hotels around the world are turning eco- friendly by the use of herbal toiletries, stationery from recycled paper, “no-smoking” rooms, less detergents and wasting less water, spending on gardens and orchards.
  • 8. The production process is compatible with ecosystem It is compatible with goals of the company It satisfies the consumers
  • 9. Eco label is an environmental claim that appears on the packaging of a product, making it easy for the consumers to take environmental concerns into account when shopping. It is awarded to a manufacturer by an appropriate authority. ISO 14020 is a guide to the award of Eco-labels. The government of India launched an Eco-mark Scheme in 1991 to encourage the customers to purchase those products which have less harmful environmental impact.
  • 10. THE 4 GREEN P’s 1. Green Product : Attributes such as energy saving, organic etc. that leads to reduction in resource consumption and pollution. 2. Green Price : Most consumers will pay additional value if there is a perception of extra product value . 3. Green Place : Aiming to reduce carbon footprint by way of managing logistics to cut down transport emanations. 4. Green Promotion : To address the relationship between a product and the environment, to promote green life style, and to present a corporate image of environmental responsibility.
  • 11. CONSUMER DEMOGRAPHIC (Age, Gender, Income, Ed ucation) ELEMENTS OF GREEN MARKETING Product PURCHASE Price DECISION Place Promotion
  • 12. RESEARCH METHODOLOGY • Research Objective : To investigate the factors that influence consumers’ choice of eco-friendly products over conventional products & To find out the relation between consumers’ attitude and perception towards green marketing w.r.t price sensitivity and quality.
  • 13. • Sample Size, Sample Unit and Sample Design : 150 respondents, Age Group of 25-30 years, Convenience Sampling. • Sources of Data : Both Primary and Secondary Data. Primary data has been collected through a structured questionnaire and personal interviews and observation.
  • 14. 56 % respondents have ever purchased a green product, 44 % have not purchased yet and 75 % of this 44 % respondents who are yet to purchase green products may buy it in the future. 28 % respondents always prefer buying green products over traditional products, 20 % respondents frequently buy green products over traditional products, 8 % sometimes buy green products over traditional products whereas 44 % respondents never buy green products over traditional products. Only 35.33 % respondents are willing to pay premium to purchase green products.
  • 15. Regarding familiarity with green products, 24.44 % of respondents have come to know about green products through magazines, 22.22 % through newspapers, 15.56 % have come across green products on the internet and 12.22 % have been acquainted with it in store. Surprisingly, the role of electronic media (TV and Radio) is negligible in creating familiarity to green products (6.67 % and 11.11 % respectively).
  • 16. 89.29 % of green product users are willing to recommend green products to others, 9.09 % of respondents would like recommending green products , though they themselves have not yet used, on account of factors like environment protection responsibility, safe for health etc. The rest finds green products not worthy of recommendation due to a host of factors like costlier, not much difference in performance or quality, customers are cheated by companies in the name of green products etc. Quality of the product is the top most priority factor, then price, place and promotion respectively in influencing the purchase of green product.
  • 17. Quality and Certification are the two considerable variables (since got same rank with same probability) while purchasing green products. It is also clear that price is not at all a considerable variable for selection of green products, rather, being “eco-friendly” and “good for health” are much more important. 37.73 % respondents are in favor of saving utility bills and so prefer paying premium for green products, 18.86 % respondents prefer paying premium because green features are eco-friendly, 15.09% respondents are ready to pay premium as they feel responsible towards protecting the environment.
  • 18. CONCLUSION • Consumer Behavior plays a major role in the choice of green products. • The marketers of green products / services need to be more innovative and dynamic to compete with the changing purchase behavior among customers. • The study brought out the fact that the people are considerably well aware of green products, but not loyal entirely towards it due to a host of factors like expensive, not much difference when compared to traditional products in terms of performance and quality, commercials being perceived as gimmick only, etc.
  • 19. CONCLUSION CONTD… CONCLUSION • To attract customers more towards green products, the marketers must create promotions which are both realistic and have moral values and the product availability in terms of volume and variety are also important. • Business organizations should start following green marketing strategies as it offers incentives and growth opportunities in the long term, though it may involve huge start-up costs.
  • 20.  Either Fold It Or Let It Be Unfold  Just Going Green Is Not Enough, Be Transparent  Know Your Consumers  Empower Your Consumers  One Size Doesn’t Fit All  Make Yourself Audible To The Consumers  Mull Over Pricing  Selecting The Right Name  Take Advantage Of Govt. Regulation That Mandates Behavior Change
  • 21. ~ Tanusree Bhowmick & Subhojit Chakraborty Astt. Prof, DSMS GROUP OF INSTITUTIONS DURGAPUR