green marketing
TRANSCRIPT
GREEN MARKETING
M.Umair Younus M.Usman Yasir
Suleman Saleem
Introduction
Green marketing incorporates a broad range of
activities
Processes
Environmental Marketing and Ecological Marketing
Definition
“All activities designed to generate and facilitate any exchanges intended to satisfy human needs or wants, such that the satisfaction of these needs and wants occurs, with minimal detrimental impact on the natural environment “
History
The term Green Marketing came into prominence in the late 1980s and early 1990s
"Ecological Marketing" in 1975
Power of Green Lies in Marketers’ Hands
Power to restore our environment Power of green lies in the hands of
marketers Design and promote cleaner products
Why is Green Marketing Important?
• Limited resources to satisfy world’s unlimited wants
• Looks at how marketing activities utilize these limited resources, while satisfying consumers wants, both of individuals and industry, as well as achieving the selling organization's objectives
Implementing Green Marketing Strategies and Tactics
• 8 steps of going “green”
– Targeting
– Product design
– Positioning
– Pricing
– Greening logistics
– Marketing waste
– Promotion
– Green Alliances
MARKETING MIX4s
• 1) Satisfaction of customer needs.• 2) Safety of product and production for
consumers, workers, society and the environment.
• 3) Social acceptability of a product, its production and the other activities of the company.
• 4) Sustainability of the product, their production and other activities of the company.
Need of Green Marketing
On our planet sources are limited and human needs (wants) unlimited
green marketing is important for the firms to utilize the limited resources satisfying the consumer needs as well as achieving the organization’s selling objectives
Reasons why firms are adopting Green Marketing
SOCIAL RESPONSIBILITY LAWS COMPETITION COST REDUCTION
COMPANIES USING GREEN MARKETING
COCA-COLA WALT DISNEY WORLD MCDONALD’S XEROX CANON PHILIPS SHELL
Problems with Green Marketing
• Ensure that their activities are not misleading to consumers or industry
• Do not breach any of the regulations or laws dealing with environmental marketing
• Remember that consumers' perceptions are sometimes not correct
• The environmentally responsible action of today might be harmful in the future
Problems with Green Marketing
• There is difficulty in establishing policies that will address all environmental issues
• Reacting to competitive pressures can cause all to make the same mistake as the leader.
• To reduce costs or increase profits may not force firms to address the important issue of environmental degradation
Suggested Solution
• Employee Awareness Program
• Effective Communication
• Constantly Refine The Product
• Back Up From Top level
Benefits
• Reputation
• Gaining and retaining customers
• Cost savings
• Innovation in products and operations
• Staff Development
Reference
www.treehugger.com www.ecomall.comwww.greenmarketingcorner.comwww.greenpeace.org “Power of Green Lies in Marketers’ Hands”
By Jacquelyn Ottman
September 9, 2008