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Green marketing as a key strategy for sustainable development: A case study of Albanian consumers

Anita Gumeni () and Klodiana Gorica ()
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Anita Gumeni: University of Tirana, Faculty of Economy
Klodiana Gorica: University of Tirana, Faculty of Economy

EuroEconomica, 2014, issue 1(33), 83-90

Abstract: Recently efforts have been made in order to achieve sustainable development, which consists of social sustainability, economic sustainability and environmental sustainability in order to reach well-being of present and future generations. In our time the concern for environmental topics and sustainable development has been increasing. Accordingly companies are trying to design new strategies for gaining competitive advantage in the marketplace. Green marketing is one of such strategies used by marketers for reaching sustainable development. Companies need to know consumers' attitude and to adapt new marketing solutions with the focus on determining the expectations and satisfying their needs. In this paper we will attempt to examine the attitude of Albanian consumers toward eco-friendly products. The aim of the survey is to gather information from a consumer standpoint. We will apply various statistical analyses to investigate the demographic variable of consumers who are willing to pay an extra price for eco-friendly products. Findings demonstrate that the profile of consumers with a positive attitude towards eco-friendly products was more likely to be young educated women.

Keywords: sustainable development; green marketing; green products; Chi square test of independence. (search for similar items in EconPapers)
Date: 2014
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