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The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool 9535530

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Page 1: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

The Influence of Green Technology on Consumers’

Purchasing Choices

Special Topics in Marketing Research

NCTU Fall 2007

Professor Charles TrappeyMike McCool9535530

Page 2: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Research Paper Organization

Literature review Research Questions Hypotheses (“answers” to research questions) Method Conclusions and suggestions for future

research References Apendices

Page 3: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Literature Review

Definition of terms (“green technology”) Recent findings concerning consumer attitudes

– Growing trend in industry to study and exploit consumer attitudes towards green products

– Trade-offs consumers make in purchase decisions– Skepticism towards green claims

Page 4: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Research questions

1. Does a consumer’s stated level of concern about environmental issues affect his or her decisions whether or not to purchase products with environmentally friendly attributes?

2. Are consumers with a relatively high level of concern about environmental issues more willing to pay a premium for a higher-priced green product than those with a relatively low level of concern about environmental issues?

Page 5: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Hypothesis 1

1. Consumers with a relatively high level of concern about environmental issues (greens) are more likely than those with a relatively low level of concern about environmental issues (reds) to purchase products with environmentally friendly attributes.

Page 6: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Hypothesis 2

1. When given a choice between a higher-priced green product and a less expensive but otherwise equivalent product, consumers with a relatively high level of concern about environmental issues (greens) are more likely than those with a relatively low level of concern about environmental issues (reds) to be willing to pay a premium for the green products.

Page 7: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Method, Part 1

Design– Descriptive approach– A survey was employed to examine the hypothesized relationships

between environmental concern level and behavior in purchasing green products.

Participants: A convenience sample was used (non-probability, “quick and dirty”)

Apparatus: Questionnaire– Demographic info– Attitudes (concern)– Behavior– Willingness

Page 8: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Method, Part 2

Data collection procedure– Email, Facebook (friends, relatives)– Paper (students)

Data analysis– Respondents divided along median base on “concern”

responses (5-point Likert scale)– Means of high and low-concern groups’ behavior responses

compared (t-test)– Means of high and low-concern groups’ willingness to pay

more compare (t-test)

Page 9: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

Conclusions and Suggestions for Future Research

Both means were found to be significantly different.

The hypotheses were supported by these findings.

A follow-up study is suggested using a more carefully designed survey and a random sample of respondents.

Page 10: The Influence of Green Technology on Consumers’ Purchasing Choices Special Topics in Marketing Research NCTU Fall 2007 Professor Charles Trappey Mike McCool

References and Appendices

List of cited works Appendix A: Questionnaire Appendix B: Statistical analysis and results Appendix C: Presentation notes