c

Manufacturer’s unit cost of production

w

Wholesale price

p

Sales price

a

Potential market size

θ

Product greenness

ρ

Consumer preferences for offline retail channels

b

Cross-price elasticity of demand

β r

Demand sensitivity to product greenness in offline channels

β m

Demand sensitivity to product greenness in online channels

η

Sensitivity of green research and development costs to product greenness

d r , d m

The demand for offline retail channels, online direct sales channel demand

π m , π r , π

Respectively, the profits of manufacturers, retailers, supply chain