day 5 instructional presentation

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    FEU Prayer

    Direct, O God, we beseech You.

    All our actions by Your holy inspiration

    and help them on by Your graciousassistance

    so that every prayer and work of ours

    may begin in You

    and by You be happily ended.Amen.

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    Sharing of Day 4 learnings.

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    Green ConsumersCommon Attitudes and Beliefs:

    Commitment to green lifestyles Critical of their own environmental practices

    and impact Looking for companies that incorporate

    green practices Overstate their green behavior Want environmental protection to be easy

    Tend to distrust companies environmentalclaims

    Lack knowledge about environmentalissues, but eager to learn

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    Green Consumers

    Demographic Characteristics:

    Many are young adults, influenced by theiryoung children

    Women are a key target market. Theyoften make purchases on behalf of men

    The best green customers are those with

    money to spend (good prospects forbusinesses at the high end of the market)

    Consumers born before 1950 are the least

    green

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    Other Marketing people reflection on green Tipping

    Point:

    Only a tiny minority actually care about

    the issues enough to act on them;

    The mainstream consumer will onlyrespond to a self-interested ideas

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    Green Consumerism Notations:

    Markets don't wait for slow movers. Businessesthat innovate and respond quickly to consumerdemands survive best.

    Everyone has a part to play, at various levels of

    administration, manufacture and use. A consumer has to realize that he/she not justbuys 'a' product, but everything that went into itsproduction, and everything that will happen in

    the future as a result of that product. All products have an environmental impact,

    however small. The idea is to reduce it to theminimum.

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    Key impacts of green products:

    Consumers have been asking for green products. Businesses have looked into the green process.

    Green products have also increased competition

    among businesses to generate moreenvironmentally friendly products.

    Ecolabelling networks that monitor and evaluate

    green products have been developed in many

    countries.

    Governments have also taken several measures

    that have supported and facilitated such moves

    by businesses.

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    Traditional Consumer Values Considerations

    PRICE - Few will pay extra for greenerproducts

    QUALITY Many think green products

    will be less effective than existing brands

    CONVENIENCE only minimalinconvenience will be tolerated by

    consumers of green products

    AVAILABILITY very few customers willgo out of their way to purchase greenproducts

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    Sustainability Definition:

    Social progress which recognizes the

    needs of everyone;

    Effective protection of theenvironment;

    Prudent use of natural resources; and

    Maintenance of high and stable levels

    of economic growth and employment.

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    Key issues for the future include:

    Health: A sentary lifestyle combined with healthimpacts of environmental pollution andemissions, use and abuse of pesticides, anti-biotics etc.

    Population and consumption: Populationincreases, aging populations, consumptionpatterns - living beyond means, etc.

    Globalization: Transboundary effect and free

    trade have both advantages (efficiency, profits,opportunities, demand) and disadvantages(unemployment, footloose companies, weakercontrols, unfair trade, small scale loses out) etc.

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    Key issues for the future include:

    Energy: Every source of energy has anenvironmental impact. Energy efficiency is not

    just technology, but also cutting back. Thereare enough cars to create a six-lane traffic jamto the moon.

    Water: Water use is increasing at twice the rateof population increase. Much can be done atthe individual level.

    Chemicals: Use of pesticides and otherhazardous chemicals. PCB?DDT has beenfound in mother's milk too! Ozone depletingchemicals, hormone-disrupting chemicals havelongterm effects on human health and well-being.

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    Key issues for the future include:

    Genetic engineering: Includes manyethical and moral issues, includingmisinformation. Not that geneticengineering is bad - but the consumer

    should be given the choice. Natural World: Considerable pressuresput on the natural world due to populationincreases and rise in consumption. 40% of

    all plant growth consumed by humans!Somewhere, something should stop. Ethics: The treatment of other peoples.

    Issues of gender, children, animal welfare.

    Ethics of cloning, fertility et al.

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    Key issues for the future include:

    Fair Trade: Nee to look into workingconditions (child labour, low wages, longhours, lack of safety, mass production v/s

    craft industries. Neighbourhoods: Development of a

    sense of community. Increase in financialwealth, but also of quality of life. Measure"gross national happiness"!!

    Childhood: Loss of 'childhood' due tosocietal pressures and expectations,

    knowledge and skills, etc.

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    Green Marketing

    DAY 5

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    Day 5 Objectives

    Understand the green marketing

    challenge.

    To be familiar with Green MarketingFive Is

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    challenge

    Challengeyouself..

    What iseffective?

    What changes

    will you make?

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    The Green Marketing Challenge

    Green Marketing Outcomes Criterion

    Commercial Outcomes

    Environmental Outcomes Cultural Outcomes

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    Old - New Marketing

    Slick Consumerised

    aspiration

    advertising People

    seduction on

    product

    Authenticity Transparency

    Customer

    experts, wordof mouth

    Participation

    Community Helpful

    developments

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    The Green Marketing Challenge

    Video

    (worms)

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    Green Marketing Five Is

    INTUITIVE

    Making Better Alternatives Accessibleand Easy to Grasp.

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    Green Marketing Five Is

    2. INTEGRATIVE

    Combining Commerce, Technology,Social Effects and Ecology

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    Green Marketing Five Is

    3. INNOVATIVE

    Creating New Products and NewLifestyles

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    Green Marketing Five Is

    4. INVITING

    A Positive Choice Not a Hair Shirt

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    Green Marketing Five Is

    5. INFORMED

    Lack of Knowledge Is What MostDistorts Peoples Behavior

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    Green Marketing Five Is

    Video

    (6 Degrees)

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    Green Marketing Success

    Commercial Success

    Green (and/or ethical) Success

    Cultural Success

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    Next meeting.

    Well talk about the introduction of

    Green Marketing Grid

    Please prepare for our 1st Prelim Exam

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    thank you