Green Marketing Ppt

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GREEN MARKETING

CONTENT
 Introduction
 Evolution of Green Marketing

 Why Green Marketing?

 Benefits of Green Marketing

 Green Marketing Mix

 Conclusion
INTRODUCTION

 Green marketing is typically practiced by


companies that are committed to sustainable
development and corporate social
responsibility.
 More organizations are making an effort to

implement sustainable business practices.


They recognize they can make their products
more attractive to consumers, while also
reducing expenses in packaging,
transportation, energy and water usage, and
more.
WHAT IS GREEN MARKETING?
Green marketing involves companies promoting their
products or services in a way that showcases their eco-
friendliness.
•Alternate name: Eco-marketing, environmental
marketing
When a company showcases its eco-friendliness, that may
include products:
•Manufactured in a sustainable fashion
•Not containing toxic materials or ozone-depleting
substances
•Produced from recycled materials or able to be recycled
•Made from renewable materials
•Not making use of excessive packaging
•Designed to be repairable and not thrown away
WHY GREEN MARKETING?

 As resources are limited and human wants are unlimited,


it is important for the marketers to utilize the resources
efficiently without waste as well as to achieve the
organization's objective.
 So green marketing is inevitable.
BENEFITS OF GREEN MARKETING
 Access to new markets
 Increase their profit sustainability

 Enjoy a competitive advantage over the companies

which are not concerned for the environment.


GREEN MARKETING MIX
 Every company has its
own favourite
marketing mix. Some
have 4 P's and some
have 7 P's of Product Price
marketing mix. The 4
P's of green marketing
are that of a
conventional Promotio
marketing but the Place
n
challenge before
marketers is to use 4
P's in an innovative
manner.
PRODUCT MIX
 The ecological objectives in planning
products are to reduce resource consumption
and pollution and to increase conservation of
scarce resources.
PRICE MIX
 Price is a critical and important factor of
green marketing mix. Most consumers will
only be prepared to pay additional value if
there is a perception of extra product value.
This value may be improved performance,
function, design, visual appeal, or taste.
Green marketing should take all these facts
into consideration while charging a premium
price.
PROMOTION MIX
 Ads that address a relationship between a
product/service and the biophysical
environment

 Those that promote a green lifestyle by


highlighting a product or service

 Ads that present a corporate image of


environmental responsibility
PLACE MIX
 The choice of where and when to make a
product available will have significant impact
on the customers. Very few customers will go
out of their way to buy green products.
CONCLUSION
 Green marketing covers more than a firm's marketing
claims.
 While firms must bear much of the responsibility for

environmental degradation, ultimately it is consumers


who demand goods, and thus create environmental
problems.

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