Overcoming fair-trade products’ price disadvantage with clever pricing decisions

Wilken, R. & Bürgin, D. (6 July 2022) Overcoming fair-trade products’ price disadvantage with clever pricing decisions. LSE Business Review.
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In surveys, consumers affirm their preference for sustainable over conventional products. But in the supermarket, they often fall back on cheaper conventional alternatives. The higher price of sustainable products may explain the contradiction. Robert Wilken and David Bürgin write that partitioned pricing can make consumers aware of the ethical and sustainability benefits of fair-trade products, increasing their sales.

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