At the same time, we also entered all of our supplier management information into the
Green Product Management (GPM) system to ensure that all supplier materials conform to our company's
green product policy, international regulations and customer product specifications.
Green marketing is not only the application of four Ps on the
green product, but it also guides organizations about future customer needs and preferences.
The
green product respondents purchased most recently was most likely to be either perishable grocery items or cleaning items (each cited by 29% share of respondents).
The 38.5 percent of shoppers who knowingly bought
green products in 2018 and early 2019 represent a change from a decade ago, when 83 percent of survey respondents had purchased a
green product within the prior 12 months.
They were of the view that while marketing the
green product, information about the performance of the
green product should also be given along.
LG OLED TVs achieve significant reductions in hazardous and raw materials content compared to conventional LCD TVs, while LG's
green product design for recycling and supplier programs advance supply chain sustainability.
Green Seal, a nonprofit, checks
green product claims and updates its list weekly.
However, despite these firms' efforts, consumers are still reluctant to buy eco-friendly products (Majid & Russell, 2015), and the
green product market is growing at a slow rate (Borin, Cerf, & Krishnan, 2011).
Product suppliers in the GCC need to be aware of green building requirements as developers are becoming increasingly concerned about meeting environmental standards, said an Ideal Standard executive.Antonis Mourikis, sales director at the plumbing and sanitary ware company in the MENA region, said having a
green product range was necessary for his firm to thrive in the local market."For us as a company, it's very clear that we have to focus on these products and these kinds of projects because owners' strategies and project development is focusing on these types of products.
In heterogeneous markets, one of the many consumer groups is that of
green product buyers.
Given the size and importance of the
green product, a better understanding of this young consumer segment is vital.
Alpha Reliability of Variables Variables Cronbach Alpha Attitude towards
Green Product 0.62 Perceived Value 0.65
Green Products 0.65 Table 2.