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tagged with all of: consumer-behavior + sustainability
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Offering goods and services for free can seem beneficial for organizations seeking to boost adoption and goodwill, but it often leads to significant long-term challenges. Consumers may come to view "free" as the standard price, making it difficult to implement future charges, while also risking overuse and unrealistic expectations that jeopardize sustainability.
Low-priced sustainable products are perceived as less sustainable, with research indicating a judgment reduction of up to 8.4% in sustainability ratings due to lower pricing. This highlights a potential bias against affordable eco-friendly options.
The article discusses the impact of zero waste strategies on go-to-market (GTM) approaches, emphasizing how sustainability practices can enhance brand reputation and customer loyalty. It highlights the importance of integrating zero waste principles into business models to attract environmentally conscious consumers and drive growth.
New data reveals that a significant percentage of North American (37%) and European (42%) shoppers avoid products packaged in plastic, indicating rising sustainability concerns. However, the motivations behind these decisions may extend beyond environmental issues to include personal health concerns related to microplastics, highlighting the complexity of consumer perceptions around packaging.
Liquid Death has successfully positioned itself as a lifestyle brand by marketing its mountain water in a unique, edgy way that resonates with consumers seeking authenticity and rebellion against traditional beverage options. The brand's clever packaging and marketing strategies tap into cultural trends, making it appealing to a younger demographic that values both sustainability and distinctiveness.