Are consumers ready to pay a higher price and forego quality for shirts and soaps with no animal cruelty certification? Evidence from the Indian market

Sreen, Naman, Chatterjee, Swetarupa, Sadarangani, Pradip H. and Gogoi, Bidyut Jyoti (2023) Are consumers ready to pay a higher price and forego quality for shirts and soaps with no animal cruelty certification? Evidence from the Indian market. International Journal of Green Economics, 17 (1). pp. 50-66. ISSN 1744-9928

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Abstract

This research aims to uncover the inconsistent findings in the literature regarding consumers' willingness to pay premium for ethical products and consumers' willingness to sacrifice quality for ethical aspects in the product. Two experiments are conducted for examining the interaction and main effects of price and 'no animal cruelty' certification, and quality and 'no animal cruelty' certification on ethical purchase intentions. Experiments differ from each other on the basis of product category. The results of the research show that consumers are willing to pay extra for ethical certification of no animal cruelty. However, they are unwilling to sacrifice on quality of the product for gaining no animal cruelty certification. These findings provide interesting insights for practitioners and managers launching ethical products in the Indian market

Item Type: Article
Keywords: 'No Animal Cruelty' Certification | Ethical Product Purchase Intentions | Price | Quality
Subjects: Social Sciences and humanities > Business, Management and Accounting > General Management
JGU School/Centre: Jindal Global Business School
Depositing User: Amees Mohammad
Date Deposited: 19 Jul 2023 04:18
Last Modified: 19 Jul 2023 04:18
Official URL: https://doi.org/10.1504/IJGE.2023.131335
URI: https://pure.jgu.edu.in/id/eprint/6346

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