Attitude of Retailers towards Green Marketing Practices: Analysis through Factor Analysis and Cluster Analysis Techniques
1G. Ramesh Pandi* and M. Selvakumar
A large number of researchers have given their best to explain green marketing. Due to globalization various factors such as a tremendous increase in population growth, global warming has been threatening the future of human beings, with the exhaustion of natural resources. This has escorted to the development of “Green Marketing” concept. Green marketing refers to the process of selling products and services based on their environmental benefits. The retail market in India will be more competitive than ever before and hence Indian retailers have to look for new ways to compete with the best of the world. In retail businesses, environment issues must be considered. The first step is to promote green products of customers’ daily necessities in general. Many organizations want to turn green, as an increasing number of consumers and to associate themselves with environmental-friendly products. The current research study aims to analyze the attitude of retailers towards green marketing practices in Virudhunagar District. The collected data are analyzed with the help of statistical tools such as percentage analysis, garret ranking technique, factor analysis and cluster analysis. The researcher has given some suggestions based on the findings of the study.
Green Marketing, Retailers, Green Brand, Energy Savers, Awareness Creators, Green Motivators.