Green Marketing

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PRESENTED BY:-

RAJAT REKHI
(24-MBA-07)
OVERVIEW

• INTRODUCTION.
• DEFINITION.
• THE FOUR P’s OF GREEN MARKETING.
• BENEFITS.
• LIMITATIONS.
INTRODUCTION
• PEOPLE ARE WORRIED.
Depletion of ozone layer
• ENVIRONMENTALISM IS A CORE SOCIETAL VALUE.
Kyoto Protocol and save Ganges project.
• CITIZENS ARE RESPONDING.
Reuse of coke bottles and news papers.
• GREEN PRODUCT SALES SOAR
“Tree Free” pencils and paper.
• CHILDREN ARE GREEN.
Education and Awareness
• TRADING PARTNERS ARE GREEN
Recycling a top priority for Xerox, IBM, Hewlett-Packard
DEFINITION
• Green marketing involves developing and promoting
products and services that satisfy your customers’
wants and needs for quality, performance, affordable
pricing and convenience without having a detrimental
impact on the environment.
• According to the American Marketing Association,
green marketing is the marketing of products that
are presumed to be environmentally safe. Thus green
marketing incorporates a broad range of activities,
including product modification, changes to the
production process, packaging changes, as well as
modifying advertising.
THE FOUR P’s OF GREEN
MARKETING
• PRODUCT • PRICE
 Identify customers’  Most customers will only
environmental needs and be prepared to pay a
develop products to premium if there is a
address these needs. perception of additional
 Develop environmentally product value.
responsible products to  Environmental benefits
have less impact than are usually an added
competitors. bonus but will often be
 McDonalds, for example, the deciding factor
changed their packaging between products of
from polystyrene equal value and quality.
clamshells to paper.  Nilkamal, introduced
cheap plastic molded
furniture.
THE FOUR P’s OF GREEN
MARKETING
• PLACE • PROMOTION
 Very few customers will go out Includes paid advertising,
of their way to buy green public relations, sales
products merely for the sake of promotions, direct marketing
it. and on-site promotions.
 Green products, in most cases, Green marketers will be
positioned broadly in the market able to reinforce
place so they are not just environmental credibility by
appealing to a small green using sustainable marketing
niche market. and communications tools
and practices.
 In-store promotions and visually
appealing displays or using For example, many
recycled materials to companies in the financial
emphasise the environmental industry like ICICI Bank are
and other benefits providing electronic
statements by email.
 Scotch Brite Never Rust wool
Soap Pads by 3M ;made from
100% recycled PET plastic.
BENEFITS
• MORE PROFITS.
 Use of solar Energy and Recycled raw material.
 For ex; Crane’s "Old Money" and "Denim Blues" Recycled Papers.
• COMPETITIVE ADVANTAGE
 Rayovac, introduced Renewal brand reusable alkaline batteries.
 Philips Lighting, inventors of compact fluorescent lighting technology.
• INCREASED MARKET SHARE
 Compaq PC, emblazoned with the Energy Star energy-saving designation.
 Crown paper; carry-out bags and speckled (recycled) napkins at
McDonald's.
• BETTER PRODUCTS.
 Energy Efficient AC’s by Voltas and Samsung.
• PERSONAL REWARDS, TOO
 Better Environment And Less Pollution.
LIMITATIONS
• OVEREXPOSURE AND LACK OF CREDIBILITY.
 Printing “100% Recycle";" essentially non-toxic" and
"biodegradable” but not implementing.
 For ex.; Safe Brands, Sierra Anti-Freeze/Coolant
• CONSUMER BEHAVIOR.
 Consumer not willing to pay more and dislike of the green
products features.
 For ex.; GM's EV-1 electric car couldn't stand a chance in
mainstream markets because of cost and recharging.
• POOR IMPLEMENTATION.
 Poorly prepared marketing program.
 Lack of education and awareness about the product.
 For ex.; Less preference for Eco-Friendly Batteries of Amaron
THANK YOU!!!!!!!!!!

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