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Targeting consumers who are willing to pay more for environmentally friendly products

2001· article· en· 2,935 citations· W2055949247 on OpenAlex· 10.1108/eum0000000006155

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Abstract

Concerns related to the environment are evident in the increasingly ecologically conscious marketplace. Using various statistical analyses, investigats the demographic, psychological and behavioral profiles of consumers who are willing to pay more for environmentally friendly products. Finds that this segment of consumers were more likely to be females, married and with at least one child living at home. They reported that today’s ecological problems are severe, that corporations do not act responsibly toward the environment and that behaving in an ecologically favorable fashion is important and not inconvenient. They place a high importance on security and warm relationships with others, and they often consider ecological issues when making a purchase. Managerial implications for green marketers and suggestions for future research are discussed.

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The record

Venue
Journal of Consumer Marketing
Topic
Environmental Sustainability in Business
Field
Business, Management and Accounting
Canadian institutions
Concordia UniversityRoyal Bank of Canada
Funders
Keywords
Environmentally friendlyMarketingBusinessGreen marketingConsumer behaviourAdvertisingEcology
Has abstract in OpenAlex
yes