Posts Tagged ‘purchasing decisions’

Green-Minded Consumers

Wednesday, June 24th, 2009

green minded consumers apple Green Minded ConsumersMore and more we are hearing about companies “going green” and offering eco-friendly products.  There is a growing concern being shown for the environment, but is that one of the main factors shoppers are looking for green minded consumers statistics Green Minded Consumerswhen making purchasing decisions?

GreenBiz pointed out that consumers are becoming very eco-conscious.  According to a study by Ipsos Marketing, consumers are tending to choose healthier food products with fresh ingredients and green packaging over products with more convenient packaging and food preparation.  They even scored higher than improving the taste of the food.  But taste should not be taken out of consideration.  Taste is key to food choice and to many, taste and fresh ingredients go hand in hand.

Deloitte, along with the Grocery Manufacturers Association (GMA), also conducted a study of over 6,000 customers on how sustainability affects purchasing decisions.  They determined that a substantial amount of consumers take social and environmental benefits into serious consideration when choosing a product.

What does this mean for you?  Clearly green packaging is deciding factor in purchasing decisions, and environmental concerns are not going away.  So if you want to stay on top of the market by paying attention to consumers’ concerns and help the environment, try using green packaging.

Green Packaging Plays Vital Role in Purchasing Decisions

Friday, March 27th, 2009

Having green packaging allows you to help the environment, but is it worth it financially for your company? We have been hearing a lot more about being green and environmentally-friendly the past few years from numerous companies and industries. Is it just a bunch of talk, or do people really care about the environment? How significant is sustainable packaging to consumers?

green packaging Green Packaging Plays Vital Role in Purchasing Decisions
(Picture from The Pohly Company)

Scott Young and Perception Research Services studied packaging and the environment with extensive research over two years. What they discovered is that most important to shoppers making purchasing decisions is the overall package appearance and functional concerns. Once these needs are met, they will factor in the environmental considerations. This makes green packaging the deciding factor for shoppers trying to pick between two products with equal appearance and functionality. Similarly, shoppers do not want to buy an eco-friendly item that looks and feels “cheap”. Therefore, it is important companies to offer both eye-appealing and functional packaging, as well as packaging that is good for the environment.

One more thing that Young discovered was that only 11% of shoppers thought that they knew what “sustainable packaging” was, and only about half of those actually knew what it meant. It is important for companies to educate consumers about what being environmentally-friendly means and use terms that they will understand.

A.T Kearney also performed a study and came to the conclusion that environmentally-friendly companies performed much better than their competition over a three-month and six-month period and did not have “value erosion”. Even in our struggling economy, green companies are performing above-average in the financial markets.

The eco-friendly trend does not seem to be disappearing anytime soon. Environmentally-friendly packaging does play a vital role in purchasing decisions and is helping companies beat out their competition.