Page 16 - IMDR JOURNAL- 2022
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A Study based on Factors that affect Consumer Decision Making on
                                          Sustainable Cosmetic Products
                                               Dr. Vijayalakshmi Iyengar
                                      (Professor- Data Science and Marketing Analytics)
                               Sai Ranjani Chandrashekar, Koustubh Ingale, Kirandeep
                                         Kaur, Ranjit Kumar Pal, Himani Pant

                               Mandali's Prin. L. N. Welingkar Institute of Management
                                          Development and Research, Mumbai

          Abstract:
          With  world  moving  towards  achieving  carbon  neutral  targets  and  clean  energy,  businesses  need  to
          concentrate on making products with sustainability in mind. Manufacturing of cosmetic products is a highly
          intensive chemical process. Cosmetic products also contribute to environmental abuse in the form of
          product packaging made of plastics, paper, glass and metals. An environmentally sustainable product will
          cause less environmental damage compared to normally available products. The difference lies in the
          environmentally friendly characteristics of the materials/ manufacturing/ recycling etc. Every individual
          has a responsibility towards a greener environment and sustainable future. Consumers today are conscious
          about the detrimental effects of chemicals on health and there is a growing demand in sustainable and
          environmentally friendly cosmetic products.


          The authors can be contacted at

          Dr. Vijayalakshmi Iyengar - vijayalakshmi.r@welingkar.org
          Sai Ranjani Chandrashekar - 1RBA2021-ranjani.chandrashekar@welingkar.org

          Koustubh Ingale - 1RBA2021-koustubh.ingale@welingkar.org
          Kirandeep Kaur - 1RBA2021-

          kirandeep.kaur@welingkar.org
          Ranjit Kumar Pal – 1RBA2021-ranjitkumar.pal@welingkar.org

          Himani Pant - 1RBA2021-himani.pant@welingkar.org
          This paper aims to study the factors that affect consumer decision making on buying the sustainable
          cosmetic products. It provides an insight into what factors influence the consumers decision making the
          most while buying a sustainable cosmetic product. The approach used was to analyse consumer behaviour
          and how likely they were to buy a product on basis of various factors. A self-developed questionnaire was
          used to collect data from men and women using Simple Random Sampling. Responses of the questionnaire
          were collecting using a five-point Likert Scale. To achieve the goals of this research, the data was collected
          from a sample of 200 consumers. Through our study, we inferred that the Product content, Product longevity,
          Product recyclability and reusability emerged to be significant factors that influence consumers decision
          making on buying sustainable cosmetic products while Product eco-label did not emerge as a significant
          factor. We have measured consumer decision making as a function of level of satisfaction among them on
          using sustainable cosmetic products.

          Introduction
          There are many definitions and interpretations of sustainability, but the most common comes from the 1987
          report  "Our  Common  Future."  The  term  "sustainability"  is  derived  from  the  term  "sustainable
          development," which is defined as actions that meets current population requirements without jeopardising
          future generations' ability to meet their own needs (1)(Bruntland 1987). Sustainable products are those that
          benefit  the  environment,  society,  and  economy  while  protecting  public  health  and  our  environment

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