Sustainable products

18 Oct 22

Consumers switching to sustainable products is the way to go, but there’s a big catch (Part III)

Even though “Sustainability” has faced budget cuts, ESG did not suffer the same fate..in fact, increased budget allocations and investment for ESG is the trend. Investing in ESG has its own benefits for the organization. McKinsey says: “The overwhelming weight of accumulated research finds that companies that pay attention to environmental, social, and governance concerns […]

06 Oct 22

Consumers switching to sustainable products is the way to go, but there’s a big catch (Part II)

We now see a clear consumer trend, which is, supporting products made sustainably. The question is “How well does this translate to customers’ switching to brands that follow sustainability?” There are many reasons customers switch from a brand that they have been loyal to. For one, the price of the products of the brand they […]

29 Sep 22

Consumers switching to sustainable products is the way to go, but there’s a big catch

We ‘as customers’, increasingly crave for products made in a sustainable way. More and more customers appear to switch brands based on sustainable production practices. A 2022 study by First Insight and the Baker Retailing Center at the Wharton School of the University of Pennsylvania found that two-thirds of consumers would pay more for sustainable […]