International Journal of Accounting & Finance in Asia Pasific
Vol 7, No 2 (2024): June 2024

The Role of Sustainability Perception in Consumer Behavior: A Study of Packaging, Ingredients, and Brand Awareness in the Soft Drinks Industry

Jian, Oh Zi (Unknown)
Baliyan, Meenu (Unknown)
Gadi, Paul Dung (Unknown)
Siva-Muniandy, Serena Taherin A/P (Unknown)
Azman, Salma Binti (Unknown)
Mohamad Yusoff, Salsabila Binti (Unknown)
Mohamad Nadzri, Siti Nurhafiza Binti (Unknown)
Bansal, Mani (Unknown)
Kumar, Kuldeep (Unknown)
Srivastav, Kundan Pratap (Unknown)
Kee, Daisy Mui Hung (Unknown)



Article Info

Publish Date
20 Jun 2024

Abstract

This research seeks to understand how ingredients, packaging, brand awareness, and sustainability perception interact and influence consumer behavior in the soft drinks industry, specifically Coca-Cola. The online survey to 100 respondents was conducted via Google Form and the collective data was analyzed by the SPSS software. While the research examined the impact of ingredients and packaging on consumer decisions (H1 and H2), no direct effect was found. However, the research revealed a strong positive correlation between sustainability perception and consumer behavior (H3, R² = 0.391, beta = 0.423). Interestingly, a positive relationship emerged between packaging and ingredient impact on one hand, and sustainability perception on the other (H4, beta = 0.778). Additionally, sustainability perception was found to positively influence brand awareness (H5, beta = 0.548). These findings suggest that consumers prioritize sustainability when making purchasing decisions in the soft drinks industry, and that a brand's commitment to sustainable practices can indirectly influence consumer behavior through positive sustainability perception.

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Journal Info

Abbrev

IJAFAP

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...