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The Green Consumer Paradox

April 16, 2024
in Market Analysis
Reading Time: 2 mins read
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The Green Consumer Paradox

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Many shoppers wish to act sustainably however battle to take action. The rising value of residing and excessive inflation charges are limiting environmentally acutely aware shoppers’ potential to buy in keeping with their values. Regardless of reporting willingness to pay a premium for greener merchandise, few really buy sustainable merchandise. The ensuing cognitive dissonance can set off unease, discomfort, anxiousness, and guilt. We’ve got simply printed a brand new report, The Inexperienced Client Paradox, to assist B2C advertising executives perceive the hole between shoppers’ sustainability intentions and actions and present find out how to break down 5 key limitations to encourage sustainable behaviors.

We’ve got recognized 5 frequent limitations impeding widespread buyer adoption of sustainable choices and behaviors, and we all know from behavioral science that it’s important to grasp the emotional and psychological dimensions related to every barrier.

 

Listed below are the 5 limitations:

The financial barrier. Twenty-nine % of European (and as much as 39% of US) on-line adults take into account {that a} low-cost product is extra helpful than an environmentally pleasant one.
The comfort barrier. Customers often present a powerful choice for comfort over sustainability. Roughly one in three on-line adults in Europe take into account a product that saves time and trouble extra helpful than a sustainable one. “Making it straightforward and easy for shoppers is method too typically a forgotten step,” stated Eric Singler, CEO of BVA Nudge Consulting and writer of “Inexperienced Nudge.”
The efficiency barrier. Many shoppers understand sustainable merchandise as much less efficient, significantly merchandise with strength-related attributes. One out of 5 European on-line adults assume that environmentally pleasant merchandise don’t carry out in addition to non-environmentally pleasant merchandise.
The information barrier. Regardless of rising consciousness of environmental challenges, shoppers nonetheless lack a transparent understanding of their very own affect and find out how to change. Solely 36% of European on-line adults really feel assured in figuring out what merchandise to buy to cut back their environmental footprint.
The belief barrier. Customers lack belief in manufacturers’ claims. Whereas 69% of European on-line adults consider that corporations are accountable for defending the atmosphere, solely 30% belief corporations’ commitments to decreasing local weather change.

Resolve on how passive or proactive a stance you’ll tackle serving to inexperienced shoppers shut the hole between intent and motion. You may:

Perceive your prospects’ perceptions to unlock environmental worth.
Make sustainability tangible by contextualizing it within the buyer journey.
Grasp behavioral science to nudge prospects in probably the most related context.

Since there isn’t a one-size-fits-all strategy, B2C entrepreneurs ought to develop contextual methods to nudge prospects towards extra sustainable selections by intently analyzing every of the 5 limitations for its business, area, and buyer base.

Shoppers prepared to know extra about this could learn the complete report right here and schedule a dialog with me to debate this extra in depth.

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