An Investigation into Consumer Purchase Intentions for Eco-Friendly Products: Analyzing Age and Gender Differences
The main aim of this study is to investigate the factors that influence a consumer’s intention to purchase environmentally sustainable products, with particular attention to the interplay of age and gender demographics. Precisely, the study probes a spectrum of influences, including consumers’ attitudes, subjective norms, environmental knowlegde, eco-labeling, and willingness to pay a premium price for eco-conscious products. We examined the sources from which consumers learn about eco-friendly products and the elements that drive their green purchasing decisions. The study showed significant differences in consumer attitudes, environmental awareness and eco-labels by gender, while willingness to pay higher prices and willingness to purchase green products differed by age group. Among the 5 hypotheses proposed in the study, the hypothesis that environmental knowledge has a positive effect on the intention to purchase green products was rejected.
Institutions
- National University of Management (KH)
Publication Details
- Journal
- Бизнес & инноваци.
- Published
- 2024-09-01
- DOI
- https://doi.org/10.22353/jbai.2024100304
- Primary Topic
- Environmental Sustainability in Business
- Type
- article
- Field-Weighted Citation Impact
- 0.00