Environmental Mkting Strategy
Environmental Mkting Strategy
Presented by
Definition
Green or Environmental Marketing is the marketing of products that are presumed to be environmentally safe.
Range of activities
Product modification.
Production process.
Packaging changes.
Modified Advertisments
Benefits
ACCESS TO NEW MARKETS
COMPETITIVE ADVANTAGE
C.S.R
Strategies
Marketing Audit (including internal
Challenges Ahead
Green products require renewable and
recyclable material, which is costly Requires a technology, which requires huge investment in R & D
Another 2 out of 10 Green Tech Followers are deeply committed to green issues and view technology as playing a role
10% 18%
Green Tech Leaders Green Tech Followers Tech Savvy Green Sympathizers Enviro-Friendly Skeptics Nave Consumers
7% 22%
12% 31%
Source: National Technology Readiness Study, Rockbridge Associates, December 2007
Anti-Greens
Conclusion
It should not neglect the economic aspect of marketing. Marketers need to understand the implications of green marketing. Green marketing is still in its infancy. A lot of research is to be done on green marketing to fully explore its potential.
Bibliography
ICC Document N 240-46/557 14 January 2010 www.interscience.wiley.com www.wikipidea.com www.marketihgblog.com
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