Vijay Bhanu P Project Repot
Vijay Bhanu P Project Repot
Vijay Bhanu P Project Repot
PROJECT REPORT
SUBMITTED TO
(2021-2024)
DECLARATION
11-03-2024
PRATHEESHA C
Assistant Professor of
Commerce Ideal Arts & Science
College, Cherpulassery Pin:
679504
Email:pratheeshashyamg@gmail
.com
Mob:9846391015
CERTIFICATE
External Examiner:
ACKNOWLEDGMENT
I am glade to express my profound gratitude of all who have reentered their valuable
time for the completion of the project.
I express my deep sense of gratitude to our principal Prof Dr. SAINUL ABIDEEN K.
I wish to extend my thanks to all of my friends for their co-operation and all of
other staff numbers of the department of the commerce and who helped me directly
or indirectly to complete this work.
13-03-2024
4
CONTENTS
1 INTRODUCTION 9-14
BIBLIOGRAPHY 49-50
APPENDIX 51-54
5
LIST OF TABLES AND CHARTS
NO NO
6
4.13 ATTITUDE TOWARDS PURCHASING ECO- 41
FRIENDLY PRODUCTS
7
CHAPTER 1
INTRODUCTION
8
1.1 INTRODUCTION
Earth is only planet where human beings can exist. We need to be eco
friendly to save our planet earth and environment as well as making it a
better place to live in. Million tons of waste is produced in the world
every day. A person being eco-friendly not only helps his surrounding to
be less harmful but also helps the fellow human beings and the animals
around him.
9
1.2 STATEMENT OF THE PROBLEM
10
1.3 OBJECTIVES OF THE STUDY
Terms like green marketing and green consumer have evolved and
a lot of work is being done to understand the awareness levels of the
customer, their attitude towards the green products and their willingness
to accept and pay a premium for the green products .Saving the
environment has become a big issue in recent times. The messages are
being promoted as reduce, re-use and recycle .This study attempts to
present the awareness level of people towards eco-friendly products and
to know various factors effecting the purchase of eco-friendly products.
This study mainly covers the area of Ottapalam Taluk.
11
1.5 RESEARCH METHODOLOGY
Study area:
Sampling method:
Sample design:
Research design:
The type of research carried was descriptive in nature. For this purpose of
the study detailed and structured questionnaire was designed.
Sources of data
Primary Data:
Secondary data:
The secondary data had been collected from internet, magazines, books
and journals.
Data analysis:
12
The important factors and data collected was sequentially analyzed and
presented in the form of charts. Data analyses are done with the help of
simple percentage method.
Period of study:
13
CHAPTER 2
THEORETICAL FRAMEWORK
14
THEORETICAL FRAMEWORK
Some people think that it requires lot of time, effort and money to make a
home eco-friendly. The truth is that there is lot of eco-products that you
can start using right now which can help us to reduce waste and make this
planet a better place to live. Eco-products are also known as environment
friendly products as they cause minimal harm to people and the
environment.
1. REDUCE WASTE
2. SAVE ENERGY
3. STREAMLINE PRODUCTION
15
Eco-friendly products are those products which we use within the
households. They are tangible and movable personal property placed in
the living rooms, Dining rooms, Kitchens, family rooms, great rooms,
bed rooms‟ bathrooms, Recreation rooms, hallways, basements and other
rooms of a house. Examples of household goods include baby items,
furniture‟s, bookcases, cooking utensils ,blenders ,computers ,curtains
,drinking glasses ,table ,radios, washing powder, utensils, fans, hand
tools, towels, toys, umbrellas, vacuum cleaners etc.
There is growing interest among the consumers all over the world
for protection of the environment. The green consumers are the main
motivating force behind the green marketing process. It is their concern
for environment and their own well being that drives demand for eco
friendly products, which in turn encourages improvements in the
environmental performance of many products and companies. Thus, for a
marketer it is important to identify the types of green consumers.
Although no consumer product has a zero impact on the environment, in
16
business, the terms green product and environmental product‖ are used
commonly to describe those products that strive to protect or enhance the
natural environment by conserving energy and/or resources and reducing
or eliminating use of toxic agents, pollution, and waste. Worldwide
evidence indicates people are concerned about the environment and are
changing their behavior and there is growing awareness among the
consumers all over the world regarding protection of the environment
where they live.
Companies all over the world are striving to reduce the impact of
products and services on the climate and other environmental parameters.
Marketers are taking the cue and are going green. Green marketer can
attract customers on the basis of performance, money savings, health and
17
convenience, or just plain environmental friendliness, so as to target a
wide range of green consumers. The green consumers are the driving
forces behind the green marketing process. It is they who drive consumer
demand, which in turn encourages improvements in the environmental
performance of many products and companies. Thus, for a marketer it is
important to identify the types of green consumers.
1. Price
Price is a well-recognized hurdle for many consumers in purchasing
eco-friendly products. 66% of us consumers view environmentally
friendly product are too expensive. Whether consumers are looking to
purchase an energy saving light bulb or environment friendly cleaning
product, these products often cost more than the most popular
consumer versions.
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2. Performance
Marketers need to clearly communicate the products benefits and
sustainable position especially when commanding a premium price.
3. Behavioral change
Many sustainable practices require consumers to change their habits
and adopt new ones. Recycling ,turning off the lights, lowering the
thermostat in winter, using recyclable bags for shopping all require
changing behavior
4. Time
Evan though the number of individuals willing to purchase green
products has been increased. Consumers don‟t like to spend a lot of
time searching for green products; they prefer products that are easily
available.
Eco-mark scheme
It is a voluntary non-binding scheme which labels consumer
products as environment friendly based upon certain environmental
as well as quality parameters. To increase consumer awareness, the
government launched the eco - Labeling scheme known as eco-
mark in 1991 for easy identification of environment friendly
products.
Water conservation
19
In a bid to raise awareness about water conservation, the
NarendraModi government directed he states of India to ensure that
50% of the work taken up by MREGA should be for improvement
of water conservation.
Assistance to NGO’s in the promotion, conservation and
preservation of environment
The main purpose of this scheme is to promote and assist various
NGO‟S including RWA‟S, voluntary organizations in the
conservation, preservation of environment and pollution control
activities.
FAME India
To promote eco friendly vehicles, the government in April
launched FAME INDIA .under this scheme, public transport
system in metropolitan cities would be encouraged to use hybrid
and electric models.
Swachh Bharat Abhiyan
The Swachh Bharat Abhiyan is India‟s biggest cleanliness drive
ever. It was officially launched on Oct 2, 2014 at Rajghat, New
Delhi. This scheme covers as many as 4041 towns and aims at
cleaning streets, roads and infrastructure.
NATIONAL AIR QUALITY INDEX (NAQL)
Focusing on bringing down soaring pollution levels in the country,
Prime Minister Narendra Modi launched NAQL in April 2015.this
scheme will help raise awareness about alarming levels of air
quality across the country.
Eco clubs in schools and colleges
20
Eco clubs play an important role in creating environmental
awareness amongst the future generation. 2000 eco clubs have
been established in government, aided, private, public schools.
Department of environment provides increased token grant
@Rs.20, 000 to each eco-club school/college for undertaking
various eco-friendly activities.
Renewable
Eco-friendly
Solve major 3 social problems
Power necessity
Checks
Disposal of organic wastes
Better environment
Better health
Operational cost saving
Better resource utilisation
21
CHAPTER 3
REVIEW OF LITERATURE
22
3.1 REVIEW OF LITERATURE
Magali Morel Francis Kwakye (2012) his research study is on the green
marketing but specifically on consumers‟ attitudes and purchase intention
of eco-friendly products The objective of this research was looked into
and explored the influencing of the four traditional marketing-mix
elements, satisfaction and word of mouth (WOM) on attitude and
purchasing intentions of consumers on eco-friendly products specifically
fasting moving consumer goods (FMCG) or non-durable ones. The
purpose of the study was to obtain information from consumers‟ point of
view. Furthermore, one perspective of the study was to look into the
comparison of the Swedish and the Non-Swedish their attitudes towards
23
eco-friendly products. A questionnaire provided to obtain the views of the
Swedish and others nationalities, how they are influenced by the
marketing-mix elements (4P), satisfaction and WOM concerning green
attitudes and purchase intention of eco-friendly products. Our findings
indicated that consumers who already bought eco-friendly products and
those who are satisfied by these previous purchases were willing to repeat
purchases.
24
costlier, but are more durable than thin carry-bags often available in the
market. Even the thicker bags provided by textile and other merchant
outlets can be replaced by much more durable and eco-friendly cloth
bags. A purse-bag promoted by the Narikkuni-based Minnas Paper and
Cloth Products is a blessing to shoppers who hate to carry home loads of
plastic waste from the market. The purse-bag is a compact product
serving as a purse, but on opening the zipper on the side, it becomes a big
carry-bag. Plastic cups and plates from another big chunk of waste.
Consumers should be delighted to know that these can be easily replaced
by paper products. Areca-leaf plates and cups will be a big draw if
popularized. A number of Kudumbasree units in the district have
ventured into manufacture of areca-leaf products, which are cheap and
durable.
Akram Ahmed Alodini (2008) in his study states that now, a variety of
environmental problems affects our entire world. Many countries around
the world are concerned about the environmental protection. Industrial
sector is also playing important role to help and support this protection by
producing green products that are environmentally friendly. However,
25
this kind of products is usually expensive. The objective of this study is to
understand the factors that could affect customers to pay more for green
products in University Sains Malaysia. The results showed that the
consumers‟ attitude and behavior are the most consistent explanatory
factors in predicting their willingness to pay more for green products. The
research finding also shows that the segments of consumers who are
willing to pay green products were more likely to be married. Another
finding showed that local students are more willing to pay for the
environmentally friendly products more than the international students.
26
CHAPTER 4
DATA ANALYSIS AND INTERPRETATION
27
4.1 DATA ANALYSIS AND INTERPRETATION
Table 4.1
INTERPRETATION:
The above chart reveals that majority of respondents were aged 25-50
year old representing 49%, it is followed by 34% were aged 15-35 years
old and only 17% were above 50 years old.
60%
50%
40%
30%
20%
10%
0%
15-25 25-50 50-75
AGE OF RESPONDENTS
28
4.2 GENDER RATIO OF RESPONDENTS
NO. OF
SL NO GENDER PERCENTAGE
RESPONDENTS
1 MALE 22 44
2 FEMALE 28 56
TOTAL 50 100
Table 4.2
44% MALE
FEMALE
56%
INTERPRETATION:
The above chart reveals that 44% of respondents were male and 56%
were female who responded to customer awareness about eco-friendly
products
29
4.3 ANNUAL INCOME
RESPONSE PERCENTAGE
Up To15000 9
15000-25000 16
25000-35000 14
Above 35000 61
TOTAL 100
Table 4.3
70
60
50
40
30
20
10
0
up to 15000 15000-25000 25000-35000 above 35000
INTERPRETATION:
30
4.4 CONSIDERATION OF ENVIRONMENTAL ASPECTS BEFORE
BUYING PRODUCTS.
RESPONSE PERCENTAGE
Yes 84
No 16
TOTAL 100
Table 4.4
yes no
16%
84%
INTERPRETATION:
The above chart reveals that 84%of majority respondents are consider the
environmental aspects before buying products, only 16%of respondents
are no consider the environmental aspects.
31
4.5 NUMBER OF RESPONDENTS HEARD ABOUT ECO
FRIENDLY PRODUCTS.
RESPONSE PERCENTAGE
99
Yes
No 1
TOTAL 100
Table 4.5
120
100
80
60
40
20
0
yes no
INTERPRETATION:
The above chart reveals that 99% of majority respondents are heard about
eco friendly products and 1%of respondents are not heard about eco
friendly products.
32
4.6 MEDIUM OF AWRENESS ABOUT ECO FRIENDLY PRODUCTS.
RESPONSE PERSENTAGE
Television 42
Newspaper 20
Magazine 13
Other 24
TOTAL 100
Table 4.6
45
40
35
30
25
20
15
10
5
0
television newspaper magazine other
INTERPRETATION:
The above chart reveals that 42% of respondents are aware about eco-
friendly products through television, 20%from newspaper, 13 %from
magazines, and 24 % of respondents from other source of medium of
awareness.
33
4.7 FACTORS INFLUENCING MORE FOR PURCHASING
ECO FRIENDLY PRODUCTS.
RESPONSE PERCENTAGE
Health Consciousness 44
Attitude Towards Environment 33
Influence Of Social Media 18
Price Of Products 3
Product Features 2
TOTAL 100
Table 4.7
50
44
45
40
33
35
30
25
18
20
15
10
3
5 0
0
health attitude social media price features
INTERPRETATION:
The above chart reveals that 44%of respondents are influenced by health
consciousness for purchasing eco-friendly products, 33% purchased with
the attitude towards the environment, 18%respondents purchasing with
the influence of social media, 3%of respondents are influenced by price
of products, and 2 % of respondents influenced by the products features.
34
4.8 INFLUENCE OF SOCIAL MEDIA
RESPONSE PERCENTAGE
Google 52
Face Book 31
Whatsapp 15
Twitter 2
TOTAL 100
Table 4.8
60
50
40
30
20
10
0
google face book whatsapp twitter
INTERPRETATION:
35
4.9 REASON BEHIND THE CUSTOMER THAT MAKE THEM TO
PAY MORE FOR ECO FRIENDLY PRODUCTS
RESPONSE PERCENTAGE
Enhance Quality Life 38
Environment Protection Responsibility 43
Potential Increase Of Product Value 7
High Level Satisfaction 12
TOTAL 100
Table 4.9
50
45
40
35
30
25
20
15
10
0
quality protection product value satisfaction
INTERPRETATION:
The above chart reveals that 38% of customers pay more for eco-friendly
products because it enhances the quality of life.42%of customers pay
more for eco friendly products because it make them more responsible
And protective.7%of customers pay more for eco-friendly products
because there is potential increase of product value.12%of customers pay
more for ecofriendly products because it gives high level of satisfaction.
36
4.10 OPINION ABOUT USE OF ECO FRIENDLY PRODUCTS REDUCE
THE ENVIRONMENTAL ISSUE.
RESPONSE PERCENTAGE
YES 97
NO 3
TOTAL 100
TABLE 4.10
YES NO
3%
97%
INTERPRETATION:
97% of respondents agree with the point that eco friendly products reduce
the environmental issues and 3% of respondents are not agree with the
point.
37
4.11 ECO FRIENDLY PRODUCTS RESULTING IN BETTER
PRODUCTS QUALITY
RESPONSE PERCENTAGE
YES 100
NO -
TOTAL 100
Table4.11
120
100
80
60 YES
NO
40
20
0
A
INTERPRETATION:
100% of respondents are agree with the point eco-friendly products are
resulting better product quality.
38
4.12 AWARENESS ABOUT GOVERNMENT SCHEME
RESPONSE PERCENTAGE
YES 94
NO 6
TOTAL 100
TABLE 4.12
YES NO
6%
94%
INTERPRETATION:
The above chart reveals that 94%of respondents are aware about the
government schemes and only 4% of respondents are not heard about
government schemes.
39
4.13 ATTITUDE TOWARDS PURCHASING ECO FRIENDLY PRODUCTS
RESPONSE PERCENTAGE
FAVOURABLE 62
NEUTRAL 38
UNFAVOURABLE 1
TOTAL 100
TABLE 4.13
70
60
50
40
30
20
10
0
FAVOURABLE NEUTRAL UNFAVOURABLE
INTERPRETATION:
40
5. OPINION ABOUT PURCHASE OF ECO FRIENDLY
PRODUCTS IN FUTURE
RESPONSE PERCENTAGE
YES 95
NO 5
TOTAL 100
Table 4.14
YES
yes no
5%
95%
INTERPRETATION:
The above chart reveals that 95%of respondents agree with point that
purchase of eco-friendly products in future.
41
5.1 OPINION ABOUT PURCHASE OF ECO FRIENDLY PRODUCTS
RESPONSE PERCENTAGE
GOOD 97
BAD 3
TOTAL 100
TABLE 4.15
GOOD BAD
3%
97%
INTERPRETATION:
42
5.2 SUGGEST ECO FRIENDLY PRODUCTS TO OTHER.
RESPONSE PERCENTAGE
YES 89
NO 11
TOTAL 100
TABLE 4.16
11%
YES
NO
89%
INTERPRETATION:
43
CHAPTER 5
FINDINGS, SUGGESTIONS AND CONCLUSION
44
5.1 FINDINGS
As per the survey 56% of respondents are female who given their
opinion towards eco-friendly products.
61% of respondent‟s annual income is above 35000.
84% of respondents consider the environmental aspects before
purchasing products.
99% of respondents are heard about eco-friendly products.
42% of respondents get information about eco-friendly products
through television.
Health consciousness is the main factor that influences the
customers for purchase green products.
Google is the influenced social media to purchase green products.
Environment protection responsibility makes the customers to pay
more for eco-friendly products.
Health consciousness makes them for purchase eco-friendly
products.
55% of respondents are agreeing with that eco-friendly products
are long term beneficial investment.
97% respondents agree that eco-friendly products reduce
environmental issues.
100% of respondents agree that eco-friendly products provide
better product quality.
Price is the main barrier for purchasing eco-friendly products.
94% of respondents are aware about the government schemes.
89% of respondents suggest eco-friendly products to others.
45
5.2 SUGGGESTIONS
46
5.3 CONCLUSION
From the outcomes of this study, it is very clear that awareness on green
products is needed among the consumers. Even if the consumers are
aware of the term “green product”, the terminologies used to signify these
products are may be vaguely understood by the consumers .There is,
therefore, a need for raising awareness on green products and their
attributes. Knowledge dissemination on green products can be one of the
tools for awareness raising .while the government is take more actions to
provide information‟s about the green products to customers.
47
BIBLIOGRAPHY
48
BIBLIOGRAPHY
WEBSITES
http;//www.greenhome.com
www.ecoindia.com
www.all-recyling factors.com/eco-friendly-products.html
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APPENDIX
50
QUESTIONNAIRE
1. Name:
2. Age:
3. Gender
Male: Female:
Upto15000 15000-25000
5. Do you consider the environmental aspects of the products before buying them?
Yes no
Yes No
Television: Newspapers:
Others: Magazine:
Health consciousness:
Price of products:
51
9. Which social media influence you more for purchasing eco-friendly products?
Whatsapp: twitter:
10. Do you think going green could be beneficial investment for a long time?
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
11. Do you think that use of eco-friendly products reduce the environmental issue?
Yes: No:
12. What are the barriers that you are facing while taking a decision to purchase eco-
friendly products?
Yes: no:
Favorable:
Neutral:
52
Unfavorable:
Yes: No:
Good: Bad:
Yes: No:
18. Are you aware about the Environmental effects plastic is causing in the world?
Yes: No:
19. According to you what are the benefits you receive using these green products?
20. Suggestions
53
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