Green Marketing Challenges and Strategies Assignment

Green Marketing Challenges and Strategies Assignment Words: 1099

In today’s time what companies do they Just take one product, attempt to make It environmentally roundly, and then tell everybody about It. That Is current green marketing In a nutshell. With few standards, a very little labeling of any significance, the right to call a product environmentally friendly Is practically limitless. Sustainable business Integrates and balances economic growth, social equity an environmental Impact and integrates business practices to achieve efficient environmental management practices.

But the biggest challenge for businesses targeting rural markets is to deal with the complex issue of sustainability itself because of unawareness of rural community about sustainability. Sustainability can help performance enhancement for the rural populace which can ultimately result in social as well as economic development of rural people developing higher potential of rural markets as desired by businesses targeting rural areas context Successful marketing is customer-centric, so if sustainability and CEO-friendly products are important to customers, green marketing may be effective.

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Green is becoming more and more mainstream?? becoming more important to increasing numbers of people. An excellent example of a large company embracing green marketing is Scott, a $2 billion global value brand hat reaches one in three U. S. Households??a very mainstream customer base. Scott is launching a new line of toilet paper, paper towels, napkins, and wipes made from recycled content. The decision was based on research conducted on Coot’s value-minded customers: the research found that 86% are interested and 41% are very Interested in products with recycled content.

Green marketing can be an effective and useful tool, but it must align with customers’ needs. If environmental concerns arena important to customers, green marketing will not be effective. However, If customers do place high Importance on green products and sustainability Issues, green marketing can be a powerful way to positively position the company and Its products and services. This paper brings the Importance of Green products In rural markets. As the world Is aiming for sustainability and balanced economic development, green marketing and rural marketing drives the growth engine for sustainability.

The marketing of rural products In urban and rural areas enhances the socio-economic development of the rural economy. It also enhances the standard of living of the society of the rural people by opening new venues for business. The paper highlights the Objectives of Green Marketing in rural and urban areas and the strategies necessary for formulating marketing of rural products for balanced economic development of sustainable future. The importance of Green consumerism recycling value of green products.

Introduction Green marketing definitions can be a little confusing, since green marketing can refer to anything from greening product development to the actual advertising campaign itself going by alternative names such as sustainable marketing, environmental marketing, green advertising, CEO marketing, organic marketing all of which point to similar concepts though perhaps in a more specific fashion, green marketing is essentially a way to brand your marketing message in order to capture more of the market by appealing to people desire to choose products and services that are better for the environment.

According to American Marketing Association, “Green Marketing is the marketing of products that are presumed to be environmentally safe. Green marketing refers to the process of selling products and/ or services based on their environmentally friendly or packed in environmentally friendly way. Polygons (1994) defines Green Marketing as all activities designed to generate and facilitates any exchange 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. Approach as a competitive edge. So green marketing is inevitable. In today’s time what companies do they Just take one product, attempt to make it environmentally friendly, and then tell everybody about it. That is current green marketing in a a product environmentally friendly is practically limitless. We can define green products by following measures: Products those are originally grown. Products with natural ingredients. Products those are recyclable, reusable and biodegradable. Products contents under approved chemical.

Products containing recycled contents, non- toxic chemical. Products that do not harm or pollute the environment Products that will not tested on animals. Products that have CEO friendly packaging. The green evolution has evolved steadily over the period of time. Green marketing has experienced a recent resurgence as environmental issues are becoming incorporated into the public psyche; green marketing has been around for several decades. The term Green marketing came into prominence in the late sass and early sass.

The American Marketing Association (AMA) held the first workshop on “Ecological Marketing” in 1975. The proceedings of this workshop resulted in one of was based on the idea that environmental protection and resource conservation can be better advanced through less regulation by the public sector and more enterprise in the private sector. This idea in turn, is based on the premises that the ecologically concerned consumer is a legitimate but largely unused market segment- one that is identifiable, accessible and measurable.

In sass the importance of small number of environmental issues like oil use or pollution for a narrow range of industries (for example car & chemicals) was framed as something that was relevant to engineers, lawyers and marketers within companies. Green marketing began in 1980″s with the implementation of Corporate Social Responsibility (CARS) Report which provide an overview of companies” environmental, social and financial impact. When consumers were able to monitor a company’s operational practices, they were better able to understand which companies were wasteful and which were implementing sustainable measures.

There were initially three long phases in the evolution of green marketing. First phase termed as “Ecological phase” all the marketing activities were carried out in order to assist the ever increasing environmental problems and offer solutions for these problems. Second phase termed as “Environmental phase” as after the environmental problems, the entire focus was shifted on the implementation of cleaner technologies. These phases also led to the discovery or the environment or at least not increase the already existing problems.

Third phase termed as “Sustainable hash” which is still prevalent. This phase came into existence by the late nineties any early millennium. Objectives 1 . To attain sustainable development with Green Marketing Mix 2. To find adequate solutions for Marketing Mix elements for sustainability 3. To create Green awareness for the safeguard of the Business Environment 4. To bring Balanced growth of economy with sustainable development 5. To Bring strong awareness about Green Consumerism 6.

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