SXSW 2019

Ethical Shopping: Why Good Intentions Go Bad

Description:

Ethical consumerism — the marketing and purchasing of products that minimize harm to workers or the environment — is a popular value. Yet typical buyers don’t consume ethically, at least not most of the time. So if we care about other people and the environment, why don’t we shop like we do? Two behavioral economists will explain their research into the discrepancy between what shoppers say they want and what they actually buy, while a fair trade goods producer will give the marketers’ perspective. Yes, there are difficulties in marketing socially conscious products, but both companies and consumers can do better. Let the experts tell you how.


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Takeaways

  1. Consumers want to be ethical shoppers but do not always follow through in their purchasing.
  2. Many behavioral economics findings can explain why consumers have this gap between what they want and what they do.
  3. Companies don’t make it easy for shoppers to act ethically because they do not know the barriers consumers face; knowing the barriers could increase t

Speakers


Organizer

Julie Irwin, Marlene and Morton Meyerson Centennial Professor of Business, McCombs School of Business


Meta Information:

  • Event: SXSW
  • Format: Panel
  • Track: Brands & Marketing
  • Track 2
  • Level: Beginner


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