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Article . 2024
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GREEN PRICING PRACTICES OF SELECTED RESTAURANTS IN QUEZON CITY

Authors: Buenaventura, John Paul G.; Masaga, John Eldrian Emmanuel; Pucerio, Hennessy; Salcedo, Sean Leonard; Tabar, Patricia; Victoria, Kenneth Tracy;

GREEN PRICING PRACTICES OF SELECTED RESTAURANTS IN QUEZON CITY

Abstract

The price is what a client must pay to get a product. Many factors, including the cost of the goods, product distinctiveness, competition, and the customer's perception of the product's value, affect a product's price. This research aimed to identify green pricing practices in restaurants. The study applied a mixed method and descriptive method approach with survey questionnaires and interviews. The study used purposive sampling. To collect the data, a survey questionnaire and interview are used, and it’s categorized into three parts, with (80) respondents that consist of managers, employees, and customers of selected restaurants in Quezon City. The restaurants are adopting green pricing practices to reduce food and packaging waste and invest in reusable and compostable materials. These strategies differentiate products and cater to changing consumer preferences. The restaurant's commitment to eco-friendly initiatives not only benefits the environment but also enhances menu offerings, appealing to eco-conscious consumers. The perceived value of the product significantly impacts customer satisfaction and propensity to make green purchases. Challenges faced include sourcing sustainable ingredients, investing in eco-friendly packaging, and staff awareness. To overcome these, the restaurants negotiate better terms, invest in compostable packaging, promote green practices through social media, and adjust menu offerings and portions.

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green