Best Ideas 2021 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

Eco Friendly Products

Published on May 14, 2021 um 04:53

Explain your idea in details:

The main objective of my idea is to implement an eco-friendly products business for the sustainability of our environment. The increase in consumption all over the globe has resulted in destruction of our environment and this has resulted in global warming, ozone layer depletion etc. Over the past few years it has been found that people's concern for environment are increasing rapidly and India is ranked first in the world in terms of the greendex score. The main innovative side of my idea is to provide consumers with high quality eco friendly products at reasonable rates. The project is also focused on understanding the consumer's buying behaviour for green products and develop products according to their needs and wants.

Expected impact of your idea on sustainable development

The idea will have a great impact on the sustainable development. The use of eco-friendly products will significantly reduce environmental degradation which in turn reduce pollution, global warming, ozone layer depletion etc. It will help in sustaining our environment for the future generations. In addition to environmental benefits it will also lead to various health benefits and helps in building a nation with both good health and friendly environment.

Plans for implementation and sustainability

The main idea is first to implement the business in a small scale and thereafter analyse the consumers behaviour towards it. On analysing consumers behaviour we will be able to get a broad understanding on how people respond to the idea of eco-friendly products, their willingness to pay, level of satisfaction,etc and thereafter develope the business step by step and provide consumers with product that satisfies their utility. At first the business will be started off in a small scale by self financing and as the business developes it moves from proprietorship to a partnership of 2-3 individuals.

Your profile

My name is Alen V Tomy I am 18 years old pursuing Ba Economics Honours from Delhi university. I was born on 13th July 2002. I am residing in Kerala (India). My father is a college professor and my mother is Veterinary Surgeon. I have 2 siblings. The main motivation for this Idea on eco friendly products basically came from the surroundings which I live. I always usually used to feel sad when looking at the environment which is getting polluted day by day. And I wish to be the change that I wish to see in the world.

Stage of Idea

conceptual stage

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Comments

June 18, 2021 05:35

Great idea. I'm sure it's quite common in this era to do something simple yet effective in protecting the environment; like this idea you have here. I'd just like to know how you'd specify these green products you're selling, what exactly are you going to sell? How will it affect the environment? What's it made of? What would be the price range? What will you need to start the business? (resources, land area, employees, where will you get them? how will you get them?) Apart from that, you've mentioned you are going to observe the customer's response and behavior towards your products. How? Are you going to conduct a survey? A questionnaire? An interview? I'd be looking forward for your answers to these questions. Hope they will improve and help your idea somewhat! Good luck!