BIO Web Conf.
Volume 84, 2024International Scientific and Practical Conference “Development and Modern Problems of Aquaculture” (AQUACULTURE 2023)
|Number of page(s)
|Biological Systems Engineering
|05 January 2024
Exploring the concept of brand sustainability: comprehending its importance and implications
University of Food Technologies – Plovdiv, Faculty of Economics, 4000 Plovdiv, 26 Maritsa blvd., Bulgaria
* Corresponding author: firstname.lastname@example.org
This study investigates the evolving role of sustainability as a catalyst for consumer behavior. This article aims to provide a clear comprehending of the concept of sustainability, elucidate its practical applications, and explore how these principles can be effectively integrated into both traditional business models and the realm of e-commerce. It underscores how sustainable initiatives are influencing immediate buying choices and molding brand perceptions, consequently affecting long-term performance. Drawing upon authoritative sources like the United Nations, IBM, World Economic Forum, and the Boston Consulting Group, it furnishes a holistic grasp of brand sustainability and its wide-ranging consequences. The study discerns sustainability as an increasingly influential factor in consumer decision-making, molding instantaneous purchasing judgments and brand outlooks, with far-reaching effects on overall business success. The results of the research reveal that sustainability manifests uniquely for each brand, offering numerous avenues for conventional businesses and e-commerse to incorporate sustainability into their strategic frameworks. Brands responding agilely to sustainability will likely see better financial results. By investing strategically, disseminating initiatives effectively, and measuring their impact, sustainability can become a potent source of lasting competitive advantage.
Key words: sustainability / brand perception / consumer behavior / e-commerce
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.