Consumer perceptions and behaviour in respect to ethical, social, and environmental matters in jewellery business

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dc.contributor Aalto University en
dc.contributor Aalto-yliopisto fi Jokinen, Henri 2012-01-10T13:07:28Z 2012-01-10T13:07:28Z 2011
dc.description.abstract This study aims at understanding how consumers perceive ethical, social and environmental issues in jewellery and how this affects their behavior. In essence, what influence these important matters have on the consumer, and thus to the jewellery industry. The study methods are two-fold. First there are sixteen qualitative research interviews with jewellery industry professionals taken in Finland, England, Italy, and in Australia. The second method uses data from an empirical quantitative research survey with a total of 407 Finnish respondents to study consumers’ perceptions and behavior using factor and cluster analysis. These methods altogether yield a rich foundation to understanding the behaviour of consumers and the implications of this to jewellery industry. Main drivers of consumer behavior in jewellery are design, price, and trust. Consumers require trust since it is difficult for them to understand and evaluate how the price is determined for a jewellery piece. Overall consumers care what they buy, but it seems that they have insufficient information on their purchases and this is the main problem with ethical consumerism. Based on this study 34% of the consumers are willing to make extra efforts to get ethically made jewellery despite some previous studies have estimated it as low as 1% (Bedford 2000). Moreover, the majority of consumers, more than 90%, are genuinely interested and concerned of ethical, social and environmental issues in jewellery. Two main managerial implications are: First, jewellery companies should now invest and study jewellery ecommerce. During the next ten years Internet will have a considerable effect on sales, especially in retail. High Internet speeds and the ageing younger generation push the balance to Web, especially in brand and commodity jewellery. Second, consumers expect that businesses will improve their corporate social responsibility. This means that ethical, social and environmental issues in jewellery have to be taken in to account. This is a trend train that does not wait and fast adapters gain more market share. A quick checklist to compare company operations against ‘the right way’ is to get to know the Code of Professional Practices by the Responsible Jewellery Council. en
dc.format.extent 148
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.title Consumer perceptions and behaviour in respect to ethical, social, and environmental matters in jewellery business en
dc.type G2 Pro gradu, diplomityö fi Kauppakorkeakoulu fi School of Economics en
dc.contributor.department Department of Management and International Business en
dc.contributor.department Johtamisen ja kansainvälisen liiketoiminnan laitos fi
dc.subject.keyword jewellery
dc.subject.keyword jewellery business
dc.subject.keyword jewellery market size
dc.subject.keyword consumer behaviour
dc.subject.keyword ethics
dc.subject.keyword International business
dc.subject.keyword consumer perception
dc.subject.keyword jewellery design
dc.subject.keyword ecommerce
dc.identifier.urn URN:NBN:fi:aalto-201201111201
dc.type.dcmitype text en
dc.programme.major International Business en
dc.programme.major Kansainvälinen liiketoiminta fi
dc.type.ontasot Master's thesis en
dc.type.ontasot Pro gradu tutkielma fi
dc.subject.helecon kansainväliset yhtiöt
dc.subject.helecon international companies
dc.subject.helecon kuluttajakäyttäytyminen
dc.subject.helecon consumer behaviour
dc.subject.helecon asenteet
dc.subject.helecon attitudes
dc.subject.helecon yhteiskuntavastuu
dc.subject.helecon corporate responsibility
dc.subject.helecon korut
dc.subject.helecon jewellery
dc.subject.helecon jalokivet
dc.subject.helecon jewellery industry
dc.subject.helecon toimialat
dc.subject.helecon business branches
dc.ethesisid 12665 2011-10-28
dc.location P1 I

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