Exploring the concept of brand sustainability: comprehending its importance and implications

Author:

Kulova Ivelina,Nikolova-Alexieva Valentina

Abstract

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.

Publisher

EDP Sciences

Reference19 articles.

1. Farver S., Mainstreaming Corporate Sustainability: Using Proven Tools to Promote Business Success. J. Ross Publishing, 2nd edition, p. 312 (2019).

2. Devine R., The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future. Anchor, p. 352 (2020).

3. Gutterman Alan S, Strategic Planning for Sustainability: A Guide for Sustainable Entrepreneurs. Sustainable Entrepreneurship Project, p. 512 (2019).

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