Uploaded on Dec 17, 2021
PPT on Green Marketing.
Guide on Green Marketing
GREEN MARKETING What Is Green Marketing? Green marketing refers to the practice of developing and advertising products based on their real or perceived environmental sustainability. S O U R C E : W W W . I N V E S T O P E D I A . C O M 2 How Green Marketing Works? Green marketing is one component of a broader movement toward socially and environmentally conscious business practices. S O U R C E : W W W . I N V E S T O P E D I A . C O M 3 Eco-friendly product Green marketing can involve a number of different things, such as creating an eco- friendly product, using eco-friendly packaging, adopting sustainable business practices, or focusing marketing efforts on messages that communicate a product’s green benefits. S O U R C E : W W W . S H O P I F Y . I N 4 Green Marketing Methods • Using eco-friendly paper and inks for print marketing materials • Skipping the printed materials altogether and option for electronic marketing • Having a recycling program and responsible waste disposal practices • Using eco-friendly product packaging S O U R C E : W W W . S H O P I F Y . I N 5 Green Marketing Methods Cont. • Using effi cient packing and shipping methods • Using eco-friendly power sources • Taking steps to offset environmental impact S O U R C E : W W W . S H O P I F Y . I N 6 Greenwashing • Some marketers try to capitalize on the growing number of green consumers by simply taking a green marketing approach to products that might not otherwise be considered green. • They try to position their products as a better choice for the environment when they’re really not. S O U R C E : W W W . S H O P I F Y . I N 7 Greenhouse gas reduction market • The emerging greenhouse gas reduction market can potentially catalyze projects with important local environmental, economic, and quality-of-life benefits. S O U R C E : E N . W I K I P E D I A . O R G 8 LOHAS • LOHAS stands for Lifestyles of Health and Sustainability, and describes an integrated, rapidly growing market for goods and services that appeal to consumers whose sense of environmental and social responsibility influences their purchase decisions. S O U R C E : E N . W I K I P E D I A . O R G 9 The green marketing mix • A model green marketing mix contains four "P's": • Product: A producer should offer ecological products which not only must not contaminate the environment but should protect it and even liquidate existing environmental damages. • Price: Prices for such products may be a little higher than conventional alternatives. • Place: A distribution logistics is of crucial importance; main focus is on ecological packaging. Promotion: A communication with the market should put stress on environmental aspects S O U R C E : E N . W I K I P E D I A . O R G 10 THANK YOU 11
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