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GREEN MARKETING

BY:
By:
G.
G. KOMALI
Komali, &
G. SREE VARDHAN
G. Sree Vardhan REDDY
Reddy.
FROM: BADRUKA
From: Badruka INSTITUTE
Institute OFTrade
Of Foreign FOREIGN TRADE
 Green Marketing: It refers to the process of selling products
and/or services based on their environmental benefits.
Such a product or service may be environmentally friendly
in it or produced and/or packaged in an environmentally
friendly way.

 Why Green Marketing?


 There is growing interest among the consumers all over
the world regarding protection of environment.
• Reasons for firms increased use of Green Marketing are:

1. Organizations perceive environmental marketing to be an


opportunity that can be used to achieve its objectives.

2. Organizations believe they have a moral obligation to be more socially


responsible. Governmental bodies are forcing firms to become more
responsible.

3. Competitors' environmental activities pressure firms to change their


environmental marketing activities.

4. Cost factors associated with waste disposal, or reductions in material


material usage forces firms to modify their behavior.

Objectives of Green Marketing:

Ø Improve environmental quality


Ø
Ø Customer satisfaction.
o For green marketing to be effective, three things are important being
genuine, educating customers, and giving them the opportunity to
participate.
o Each ton (2000 pounds) of recycled paper can save
o 17 trees,
o 380 gallons of oil,
o Three cubic yards of landfill space,
o 4000 kilowatts of energy, and
o 7000 gallons of water.
o This represents a 64% energy savings, a 58% water savings, and 60 pounds
less of air pollution!



o Emissions of gases from automobiles are responsible for
up to 80 percent of the air pollution in large cities.

o Hybrid electric vehicles (HEVs) produce one-half the


emissions of standard vehicle.
 Examples:

ü McDonald's restaurant's napkins, bags are made of recycled paper.


ü Coca-Cola pumped syrup directly from tank instead of plastic which saved
68 million pound/year.
ü Barauni refinery of IOC is taken steps for restricting air and water
pollutants.
ü SANTRO-ECO by HYUNDAI is a Green Project
ü CFL and other energy conserving electrical devices by PHILIPS is a Green
Project.
ü CLASSMATE introduced by ITC is the result of a green concept developed
to produce notebooks from recycled paper.
ü


Ø
BENEFITS OF GREEN MARKETING:


§ Modification of business or production processes may involve start-up costs,
it will save money in the long term.
 For example : The cost of installing solar energy is an investment in future
energy cost savings.
§
§ Access to new markets
§ Substantially increase profits and
§ Enjoy competitive advantages .

 LIMITATIONS:

v Requires a technology, which requires huge investment in R & D.


v Water treatment technology, which is too costly.


v Majority of the people are not aware of green products and their uses.

v Majority of the consumers are not willing to pay a premium for green
Products.
v

 CONCLUSION:

 Green marketing is still in its infancy and a lot of research is to be done on


green marketing to fully explore its potential.
THANK YOU

GREEN MARKETING
THANK YOU

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