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Who are the green consumers?Understanding the demographics of green consumerism can help entrepreneurs explore the environmental market, and home in on likely prospects. Research has shown that green consumers:
However, they also:
The most responsive age group tends to be young adults, many of whom are influenced by their children. In addition, women are a key target for greener products, and often make purchases on behalf of men. The best 'green' customers are people with more money to spend. As a result, the most promising products for 'greening' tend to be at the higher end of the market. The most promising outlets for green products are retail stores frequented by better-off shoppers. In general, green consumers have the education and intellectual orientation to appreciate value; they will understand evidence that is presented in support of environmental claims. In the US, children and teens are generally more concerned than adults about the environment, and are more knowledgeable about green alternatives. Increasingly, they influence their parents' purchasing decisions. Equally importantly, millions of them will reach adulthood in the next decade, and gain purchasing power of their own. At the opposite end of the age spectrum, US consumers born before the 1950s are the least 'green'. As their numbers diminish, their share of consumer purchases will dwindle. In Canada, children and parents alike tend to have strong environmental concerns. Older people, too, tend to be active green purchasers. |
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