Customer Perception for Eco-Friendly FMCG Product& Factors Influencing Its Purchase
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 2
Abstract
The study tries to estimate the existingawareness and understanding of the outlay and rewards of Eco-naturalfood across innumerate levels viz.generation, environmental, marketer, and consumer purchase dimensions. Eco-naturalfood shows many potential rewards that mainly include higher biodiversity and improved soil and water quality, enhanced profitability, and higher nutritional value as well as many potential outlay including lower yields and higher consumer prices. However, numerous important dimensions have high uncertainty, particularly the environmental performance when controlling for lower Eco-natural yields, but also yield stability, soil erosion, water use, and labor conditions. Study is an effort to identify conditions that influence the relative acceptance and performance of Eco-naturalfarming products, highlighting areas for increased research and policy support. Lack of sustainability, today is a leading cause of environmental decadence. Despite major increases in generation of natural food items, developing countries like India seem to follow and adapt at a slower pace. Eco-naturalfood has been proposed as a solution to achieving sustainable food protection. The research tries to understand the intention and perception of consumers in buying of the eco food products. The demographic profile of the consumers that purchase the eco-natural eco food products was understood in this attempt. Data were collected in supermarkets within 3 different areas NCR using mallintercept approach. 577 respondents were interviewed using the survey method of primary data collection. The data obtained from the survey were analyzed using chi-square test, ANOVA, correlation analysis and multiple linear regression tests. Result indicated that the intention to purchase Eco-natural products were heavily influenced by the perception on Eco-natural product worth of purchase and the belief on the safety and health aspect of the product. Respondents were divided into two groups, one that of the buyers of eco food and the other of non-buyers. Among the Eco-natural buyers majority consumers believed Eco-natural food to be healthier, tastier and better as compared to non-eco traditionally cultivated food.
Authors and Affiliations
Dr. Aparna Goyal, Dr. Sanjeev Bansal
The Role of Internal Control Unit (SIP) On Financial Management of Halu Oleo University
This research titled “ The role of Internal Control Unit (SPI) on financial management of Halu Oleo University (UHO)”. The purpose of the research is to determine how adequate the role of Internal Control Unit (SPI) on f...
Empirical Analysis of the Transactional Leadership Style and Its Influence on the Implementation of Devolved Systems of Government in Kenya: A Case Study of Kisii County
The concept of leadership has been studied extensively over the past years but still remains fairly puzzling due to the fact that none of the leadership theory can wholly account for the diversity of leaders and the natu...
Impact of Green Banking Initiatives on Customer Satisfaction: A Conceptual Model of Customer Satisfaction on Green Banking
Going green has become a massive trend within the global banking industry. The concept of green banking has motivated banking institutions to introduce paperless, technology driven services while minimizing environmental...
‘The Role of Banks in the development of entrepreneurship in India’
Recently Narendra Modi government has made a call for make in India and encourages young Indian talents to start their own new business or undertake ventures.After that many new entrepreneurs came forward to start busine...
A Study on Knowledge Acquisition and Its Impact on Job Performance among Womenfaculty in Engineering Colleges
The purpose of this study is to understand how various sources of knowledge acquisitions can help improve quality of job performance among women employees in academic institutions. The study also focuses on the co-relati...