Research Insight: Consumers will Pay a Premium for Sustainability when They Think They Can Make a Difference

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  • Business Ethics
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Author
T. Ewart andThe Network Team
Source
NBS Website
Publisher
Network for Business Sustainability
Publication date
November 2009
Type
Academic Articles
Category
Stakeholder Engagement
Managing Corporate Responsibility
Social Entrepreneurship
Discipline
Marketing
Operations Management
Business Ethics
Language
English
Link
Insights from Top Academic Research [1]
Free/Pay for content
Free
 

Most of what we know about sustainable consumerism is based on surveys, which are good indicators of attitudes but lousy predictors of behaviours. It appears that, on average, consumers will pay a 10% premium for sustainability, and demand a greater discount for ‘unsustainability.’ They will not trade off functionality. Managers can design the marketing context and messaging carefully to promote sustainable consumerism. Researchers should cease conducting surveys on consumer attitudes and intentions.

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Source URL: http://www.businessinsociety.eu/resources/3545

Links:
[1] http://www.nbs.net/SearchResultsKnowledgeDetails.aspx?Id=c5fd2c1c-acdf-46db-ab82-36d17efd325b