L40 Green Marketing
L40 Green Marketing
L40 Green Marketing
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Health and Sustainability. According to Wikipedia:
“LOHAS describes an integrated, rapidly growing
market for goods and services that appeal to
consumers whose sense of environmental and social
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responsibility influences their purchase decisions.”
These consumers are active supporters of
environmental health and are the heaviest purchasers
of green and socially responsible products. They also
have the power to influence other consumers.
⚫ Beyond making an environmentally friendly product,
business owners can do other things as part of their green
marketing efforts. The following can all be part of a green
⚫ marketing strategy:
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
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disposal practices
Using eco-friendly product packaging
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Using efficient packing and shipping methods
Using eco-friendly power sources
Taking steps to offset environmental impact
Benefits of green marketing
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customers. It helps you:
stand out in the increasingly competitive environment;
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footprint;
produce recyclable products;
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improve your credibility;
enter a new audience segment;
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ensure long-term growth;
implement innovations;
obtain a higher revenue.
Four green marketing strategies
⚫ Sustainable design. It’s not just about a recycling logo on your product packaging,
it’s about a full life cycle of your product in mind. You should pay attention to the
details like sources of your materials or workers involved in the process. Moreover,
your company should control the amount of waste generated and how your products
are packaged and delivered. You have to consider a lot of things that have an impact
⚫ planet.
Green pricing. Environmentally friendly products usually have a high value due to
the increased cost of sustainable design. However, customers are still willing to pay for
them despite the high costs. Therefore, if you charge high prices for your eco products,
ensure to communicate specifics to prove that your goods are worth their price. Keep
in mind that the greater your mission, the greater your opportunity to gain exposure
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Don't forget about your giveaway prizes.
Make all your events green.