AN INVESTIGATION INTO CONSUMER PURCHASE INTENTIONS FOR ECO-FRIENDLY PRODUCTS: ANALYZING AGE AND GENDER DIFFERENCES

Authors

  • Batbaatar Chuluunbaatar Business School, NUM
  • Ugtakhjargal Baldangombo2 Business School, NUM

DOI:

https://doi.org/10.22353/jbai.2024100304

Keywords:

attitudes, subjective norms, environmental knowledge, eco-labeling, willingness to pay, green purchase intention

Abstract

The main aim of this study is to investigate the factors that influence a consumer’s intention to purchase environmentally sustainable products, with particular attention to the interplay of age and gender demographics. Precisely, the study probes a spectrum of influences, including consumers’ attitudes, subjective norms, environmental knowlegde, eco-labeling, and willingness to pay a premium price for eco-conscious products. We examined the sources from which consumers learn about eco-friendly products and the elements that drive their green purchasing decisions. The study showed significant differences in consumer attitudes, environmental awareness and eco-labels by gender, while willingness to pay higher prices and willingness to purchase green products differed by age group. Among the 5 hypotheses proposed in the study, the hypothesis that environmental knowledge has a positive effect on the intention to purchase green products was rejected.

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Published

2024-09-04

How to Cite

Batbaatar Chuluunbaatar, & Ugtakhjargal Baldangombo2. (2024). AN INVESTIGATION INTO CONSUMER PURCHASE INTENTIONS FOR ECO-FRIENDLY PRODUCTS: ANALYZING AGE AND GENDER DIFFERENCES. Journal of Business and Innovation, 10(3), 48–58. https://doi.org/10.22353/jbai.2024100304