green marketing(1)

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‘I’ll go out for a breath of fresh air. www.studygalaxy.com

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Page 1: Green marketing(1)

‘I’ll go out for a breath of fresh air.

www.studygalaxy.com

Page 2: Green marketing(1)

Green Marketing

Opportunities &

Challenges.

Page 3: Green marketing(1)

Contents

• Introduction.• Evolution Phase.• Need of Green Marketing.• Benefits of Green Marketing.• Green Marketing Mix.• Strategies for Green Marketing.• Strengths and Problems of Green

Marketing.• Some cases.• Conclusion.

Page 4: Green marketing(1)

Defination

• Green or Environmental Marketing is the marketing of products that are presumed to be environmentally safe.

Page 5: Green marketing(1)

Range of activities

Product modification.

Production process.

Packaging changes.

Modified Advertisments

Page 6: Green marketing(1)

Evolution Phase

"Ecological"

"Environmental"

"Sustainable"

Page 7: Green marketing(1)

Why Green Marketing

• Opportunities or competitive advantage.

• Corporate social responsibilities (CSR).

• Government pressure. • Competitive pressure.

Page 8: Green marketing(1)

Opportunities

Page 9: Green marketing(1)

Corporate Social Responsibility

Page 10: Green marketing(1)

ACCESS TO NEW MARKETS

COMPETITI-VE ADVANTAGE

C.S.R

increase their profit sustainability

Benefits

Page 11: Green marketing(1)

Strategies

• Marketing Audit (including internal and

external situation analysis).

• Develop a marketing plan outlining

strategies with regard to 4 P's.

• Implement marketing strategies.

• Plan results evaluation.

Page 12: Green marketing(1)

Challenges Ahead • Green products require renewable and recyclable

material, which is costly

• Requires a technology, which requires huge investment in

R & D

• Water treatment technology, which is too costly

• Majority of the people are not aware of green products and

their uses.

• Majority of the consumers are not willing to pay a premium

for green products.

Page 13: Green marketing(1)

Conclusion

• Green marketing should not neglect the economic aspect of marketing. Marketers need to understand the implications of green marketing.

• Green marketing is still in its infancy and a lot of research is to be done on green marketing to fully explore its potential.

Page 14: Green marketing(1)

Thank You

Page 15: Green marketing(1)

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