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Here on the blog, we'll be presenting weekly idea gathering wrap ups of some of our favorite customer experience strategy, design and alignment news and views. This week our focus is on consumers and the environmental movement.
Despite environmentally conscious products generating 40 billion
dollars for businesses in 2011 the hype around these “green” products is fading
with consumers, likely due to the higher prices. According to a consumer survey conducted by Gfk the number of consumers who were willing to
spend more on green items such as food, cars, light bulbs, apparel, and
packaging has all decreased since 2008. The percentage of consumers willing to spend more for greener
versions of these items has decreased between 5 and 13 percent over the last four years. This correlates with an Ipsos poll which revealed
that 59% of American consumers were not at all willing to spend anymore on a product
just because it was more environmentally friendly.
According to a Time Magazine survey, it’s not just over
pricing that’s deterring consumers from going green but an overall change in
belief. The survey reports that the number of Americans who describe themselves
as “environmentally conscious” and “car[ing] a great deal about the
current state, and future, of the environment” has decreased since 2009 as
well.
Beyond
price and attitude however Advertising Age magazine suggests that the rejection
of green products could be due to marketing over-hype and aggression. These kind
of marketing tactics which involve exaggerating the impact of purchasing (or
not purchasing) certain products have led to consumer skepticism and distrust.
When consumers Advertising Age goes on to describe some companies such as Axe
and its parent company Unilever which have begun environmental campaigns with
limited sales motives merely to gain back the invaluable trust of consumers.
About the Author
Jeffrey Marino is a contributing writer concentrating his focus on Business Administration, Management Information Systems, and Tech Innovations. He blogs at Fordham Nights and can be reached at JMarino@iirusa.com.
Jeffrey Marino is a contributing writer concentrating his focus on Business Administration, Management Information Systems, and Tech Innovations. He blogs at Fordham Nights and can be reached at JMarino@iirusa.com.
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