VIETNAM NATIONAL UNIVERSITY, HANOI INTERNATIONAL SCHOOL GRADUATION PROJECT PROJECT NAME Impact of green marketing on consumer purchase intention: A study in Vietnam Student’s name PHAM KIM ANH Hanoi - Year 2023 VIETNAM NATIONAL UNIVERSITY, HANOI INTERNATIONAL SCHOOL GRADUATION PROJECT PROJECT NAME Impact of green marketing on consumer purchase intention: A study in Vietnam SUPERVISOR: Dr. Nguyen Phuong Mai STUDENT: Pham Kim Anh STUDENT ID: 19071298 COHORT: IB2019B SUBJECT CODE: INS401101 MAJOR: International Business Hanoi - Year 2023 ACKNOWLEDGEMENT This research project was written at International School - Vietnam National University. It is always a delight to acknowledge with much appreciation at International School for their honest advice, which allowed me to maintain the practical component of the course and have opportunity to do research and write the thesis First of all, I would like to express my deepest sense of gratitude to my supervisor, Dr. Nguyen Phuong Mai, for giving wise counsel and providing me with enormous knowledge that assists me to complete this graduate thesis. Without your persistent support and insightful suggestions, I would not have been able to complete this thesis with such advanced and remarkable research experience. Furthermore, I would like to thank the faculty and members of International School - Vietnam National University Board of Directors for assisting me to define my career goals and teaching me the use of theoretical knowledge. Your adherence, inspiration and zeal motivate me to accomplish my goals. Being a part of the International School and having your tremendous support as I strive to reach far more ambitions is always an honour to me. Last but not least, I am also grateful to my parents, my friends and everyone who always support me during my time studying at International School - Vietnam National University. This graduate thesis has definitely sparked my passion and determination for a marketing profession. Once again, thank you and warm regards to you all! i DECLARATION I hereby declare that the dissertation titled “Impact of green marketing mix on customer purchase intention: A case study in Vietnam” is my original work and the dissertation has not formed the basis for the award of any degree, associateship, fellowship or any other. The material borrowed from similar titles other sources and incorporated in the dissertation has been duly acknowledged I understand that myself could be held responsible and accountable for plagiarism, if any, detected later on. The research papers published base on the research conducted out of the course of the study are also based on the study and not borrowed from other sources. Ha Noi, 19th April, 2023 Student, PHAM KIM ANH ii CONTENTS ACKNOWLEDGEMENT . ii LIST OF FIGURE . v LIST OF TABLE . vi LIST OF ACRONYMS . vii EXECUTIVE SUMMARY . Green purchase intention . Green marketing awareness (GMA) and green purchase intention (GPI) . Sampling and data collection methods . Data analysis methods: . DATA ANALYSIS RESULTS . Descriptive research results . Results of Exploratory Factor Analysis assessment (EFA) . EFA results of independent variables . EFA results of dependent variables . Results of reliability assessment . Reliability results of independent variables . Reliability results of dependent variables . Pearson correlation coefficient . Test regression analysis . RECOMMENDATION, LIMITATION AND CONCLUSION . Conclusion and contribution . Limitation and future research direction . 0 iv LIST OF FIGURE Figure 2. Adjusted research model . 42 v LIST OF TABLE Table 3. Sample scale items and source . The analysis of demographic factors using the frequency distribution and percentage . Green products descriptive analysis . Green price descriptive analysis . Green promotion descriptive analysis . Green place descriptive analysis . Green marketing awareness descriptive analysis . Green purchase intention descriptive analysis . KMO and Bartlett's Test . Rotated component matrix results . KMO and Bartlett's Test of dependent variable . Component matrix result . Cronbach’s Alpha independent variables analysis . Variable results after testing independent scales by Cronbach's Alpha . Cronbach’s Alpha dependent variable analysis . Variable results after testing dependent scales by Cronbach's Alpha . Pearson correlation coefficient result . Model summary results . Order of independent variables' effects on the dependent variable . Hypothesis testing results . 41 vi LIST OF ACRONYMS AMA American Marketing Association EFA Exploratory Factor Analysis assessment GMA Green Marketing Awareness GPD Green Product GPI Green Purchase Intention GPL Green Place GPO Green Promotion GPR Green Price KMO the Kaiser-Meyer-Olkin SPSS Statistical Package for the Social Sciences vii EXECUTIVE SUMMARY For many countries, especially emerging ones as Viet Nam, adhering to the balance between rapid economic expansion and environmental sustainability is of critical significance. initially individual incomes and consumption awareness rise, guidelines, policies, and action plans on green consumption have been developed in many different regions across Vietnam and originally making good progress. In light of the growing consumer awareness of environmental preservation and the resulting pressure on businesses to go green, it is anticipated that green marketing will eventually become accepted widely in the years to come. This study delves into how Vietnamese consumers interpret green marketing and how that affects the products they opt to buy. The findings reveal that awareness of green marketing and each of green marketing mix factor has a beneficial effect on consumers' intentions to purchase green products. The author used a quantitative approach to evaluate and then utilize SPSS software version 26 to analyze and assess the reliability measurement, Exploratory factor analysis (EFA) measurement, Pearson's correlation coefficient, and linear regression to obtain the results that have been discussed. It have been concluded that the green marketing mix and green marketing awareness have a positive effect on the intention to purchase green products. As a result, these understandings will be applied into Vietnam case with evidence so as to conclude and suggest implications. Rationale Keeping the balance between high rate of economic growth and environmental sustainability is the most important task of many nations, especially developing nations including Viet Nam. According to the World Bank (2022), from the beginning of its market transformation, Vietnam has emerged as one of the world’s fastest- growing per-capita greenhouse gas emitters – growing at about 5 percent annually in 20 years. The statistics of the World Bank also estimated 3.1 million tons of plastic waste is dumped on land each year, and the amount of waste dumped into the oceans is between 0. Furthermore, according to the Ministry of Natural Resources and Environment, each household in Vietnam consumes around one kilogram of plastic bags a month or 35 plastic bags a week on average. As a result, Vietnam’s rapid growth and industrialization have caused negative impacts on the environment and natural assets. For this reason, Vietnam’s Prime Minister made several commitments, including an ambitious target of reducing emissions to Net Zero by 2050 at the UN Climate Change Conference in Glasgow in November 2021 (COP26). Green consumption is now considered one of the effective measures to minimise the discharge of plastic waste to the environment and encourage sustainable production and consumption, according to experts. The Prime Minister’s Decision No. 1393 on “Approving the Green Growth Strategy in the 2011 - 2020 period with a vision to 2050” points out two tasks related to green consumption, specifically, greening of production and greening of consumption. Guidelines, policies and action plans on green consumption have been developed in many localities throughout Vietnam and initially have made good progress in developing countries as individual incomes and consumption awareness are increasing. Not only the government but also many companies and organizations are taking specific actions on pursuing green consumerism. New business models and investment sectors including green economy, circular economy, smart city and creative economy are capturing enterprises’ attention. For instance, the use of plastic bags has been alternated by paper bags or charged more money by Co.op Mart and Big C; the first pure electric taxi service in Vietnam - Green SM Taxi recently operated by Vin Group opens a new era of taxis which is smart, 0 pollutant and noise-free, and environmentally friendly. To attract attention, some organizations have implemented green marketing and conduct some intriguing environmental activities such as planting trees, changing batteries or books for small succulents which is widely operated within the community. Basically, according to American Marketing Association (AMA), green marketing is also regarded as “The marketing of products that are believed to be environmentally safe, it covers a broad range of activities, including product modification, changes to the production process, packaging and labelling changes, as well as advertising strategies” (Yazdanifard & Mercy, 2011). Furthermore, green marketing is the process of organizing, implementing, and controlling the development, pricing, promotion, and distribution of products in a manner that fulfils consumer and corporate goals (Fuller, 1999). Nowadays, the rising awareness of environmental protection is penetrating deeply into consumer consciousness which forces manufacturers to green both their products and manufacturing processes, as well as take into account their social responsibility. Even though there has been a high demand consuming green products, not every consumer acknowledges that the product they are purchasing is sustainable or qualified the environmental criteria. This could lead to false assumptions when the customers use green products as they could be falsely impacted by “green washing”, which is a deceitful and unethical behaviour because it misleads customers and attempts to generate profit from hypocritical advertisements. Not only does this situation cost customers time and money but also tarnish the environment. Therefore, this research aims to figure out the awareness of Vietnamese consumers towards green marketing. Understanding about the green marketing awareness of customers in Vietnam, this study will examine whether their purchasing intention will be affected after having a clearer perspective and understanding so that the companies and organizations can obtain the right marketing strategies to meet the consumers demand. Research questions The research aims to answer two questions as below: Question 1: How are consumers aware of green marketing in Vietnam? Question 2: How green marketing affects consumers' purchase intention in Vietnam? 1 1. Research scope Space scope: The research mainly focuses on customers in Hanoi which is not considered to present the whole customer’s characteristics in Vietnam Time scope: The author conducted the research from 24th February to 15th June 2023 1. Research structure The study consists of 5 main chapters in which each aspect is discussed as below: Chapter 1: Introduction: Providing basic information, the layout of the study which facilitate the reader’s understanding. Chapter 2: Theoretical framework: Reviewing earlier work on the topic of the study; also, the definition of variables which are investigated and then developing hypotheses in order to identify the relationship between variables and hypotheses; provide some earlier findings which support the proposed hypotheses. Chapter 3: Research methodology: Describing the research design and data collecting procedure Chapter 4: Data analysis: Using reliability assessment, Exploratory factor analysis and multiple linear regression. The author uses SPSS software to analyze the data. Chapter 5: Recommendations, limitations and conclusions 2 CHAPTER 2. Green marketing The concept of “green marketing” appeared in the late 1980s (Peattie & Crane, 2005). According to American Marketing Association (AMA), green marketing is also regarded as “The marketing of products that are believed to be environmentally safe, it covers a broad range of activities, including product modification, changes to the production process, packaging and labelling changes, as well as advertising strategies” (Yazdanifard & Mercy, 2011). Moreover, green marketing is described as the process of organizing, implementing, and controlling the development, pricing, promotion, and distribution of products in a manner that fulfils consumer and corporate goals (Fuller, 1999). Additionally, green marketing depicts the attempts of a company in the management process in charge of identifying, anticipating, and satisfying societal and consumer demands in an approach which is both beneficial and sustainable”. Apart from the outstanding features of green marketing that is concentrating on protecting the environment, Peattie (1992) figures that green marketing differs from the conventional style of societal marketing in four ways: 1. A more integrated and interconnected comprehension of the way the economy, society, and environment intersect.
Tác động của marketing xanh đến ý định mua hàng của người tiêu dùng: Nghiên cứu tại Việt Nam
Nghiên cứu tác động của marketing xanh đến ý định mua sắm của người tiêu dùng tại Việt Nam, khám phá xu hướng và hành vi tiêu dùng bền vững.
Trường đại học
Vietnam National UniversityChuyên ngành
International BusinessNgười đăng
Ẩn danhThể loại
graduation projectPhí lưu trữ
30 PointMục lục chi tiết
THÔNG TIN CHI TIẾT
Tác giả: Pham Kim Anh
Người hướng dẫn: Dr. Nguyen Phuong Mai
Trường học: Vietnam National University
Chuyên ngành: International Business
Đề tài: Tác động của marketing xanh đến ý định mua hàng của người tiêu dùng tại Việt Nam
Loại tài liệu: graduation project
Năm xuất bản: 2023
Địa điểm: Hanoi
Tài liệu "Tác động của marketing xanh đến ý định mua hàng của người tiêu dùng tại Việt Nam" khám phá mối liên hệ giữa các chiến lược marketing xanh và hành vi tiêu dùng của người dân Việt Nam. Nghiên cứu chỉ ra rằng marketing xanh không chỉ nâng cao nhận thức về môi trường mà còn tạo ra sự tin tưởng và lòng trung thành từ phía người tiêu dùng. Điều này mang lại lợi ích cho các doanh nghiệp trong việc tăng cường doanh số bán hàng và xây dựng hình ảnh thương hiệu tích cực.
Để hiểu rõ hơn về các khía cạnh liên quan đến marketing xanh và hành vi tiêu dùng, bạn có thể tham khảo thêm tài liệu Luận văn thạc sĩ mối quan hệ giữa trách nhiệm xã hội chiến lược marketing xanh danh tiếng doanh nghiệp và kết quả kinh doanh nghiên cứu doanh nghiệp du lịch lữ hành tại tp hcm, nơi phân tích sâu hơn về trách nhiệm xã hội trong marketing xanh. Ngoài ra, tài liệu Luận án tiến sĩ những yếu tố ảnh hưởng tới ý định mua thực phẩm hữu cơ của người tiêu dùng thành thị việt nam sẽ giúp bạn hiểu rõ hơn về các yếu tố tác động đến quyết định mua sắm của người tiêu dùng trong bối cảnh sản phẩm xanh. Cuối cùng, tài liệu Luận văn thạc sĩ mối quan hệ giữa uy tín thương hiệu và truyền miệng tích cực vai trò của kết nối bản thân với thương hiệu và kết nối xã hội với thương hiệu sẽ cung cấp cái nhìn sâu sắc về cách mà uy tín thương hiệu ảnh hưởng đến hành vi tiêu dùng. Những tài liệu này sẽ mở rộng kiến thức của bạn về marketing xanh và hành vi tiêu dùng tại Việt Nam.
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