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GREEN MARKETING Dhaval Kamdar - 1121002 Manish Borah - 1121012 Siddhartha J - 1121022 Shreepal Jain - 1121032.

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Presentation on theme: "GREEN MARKETING Dhaval Kamdar - 1121002 Manish Borah - 1121012 Siddhartha J - 1121022 Shreepal Jain - 1121032."— Presentation transcript:

1 GREEN MARKETING Dhaval Kamdar - 1121002 Manish Borah - 1121012 Siddhartha J - 1121022 Shreepal Jain - 1121032

2  Green marketing is the marketing of products presumed to be environmentally safe.  Marketers and consumers are becoming increasingly sensitive to the need for switch in to green products and services.  Shift to “green” may appear to be expensive in the short run but indispensable and advantageous in the long run.  A holistic marketing concept. INTRODUCTION

3 WHY GREEN MARKETING?  Resources are limited and human wants are unlimited.  Efficient utilization of resources without waste while achieving organization's objective.  Consumption is no longer for consumption’s sake.  According to Kotler, “companies must accept increased responsibility for their enviromental impacts………will be held accountable for their effluents, packaging material etc.”

4 CHALLENGES  Need for Standardization.  New Concept.  Patience and Perseverance.  Avoiding Green Myopia.

5 PRESENT TRENDS  Organizations perceive environmental marketing as an opportunity to achieve their objectives.  Governmental bodies are forcing the firms to become more responsible.  Competitors’ environmental activities pressure firms to change their strategy.  Cost factors associated with waste disposal are forcing firms to modify their behavior.

6 THREATS  Green marketing must satisfy two objectives:  Improved Environmental Quality  Customer Satisfaction  Misjudging either or overemphasizing the former at the expense of the latter will lead to “Green Marketing Myopia”.  PepsiCo Campaign and Philips’ failure provide a valuable lesson.

7 OBSTACLES  Certification : Expensive and lengthy process of getting environmental certifications.  Increased Scrutiny : Enhanced scrutiny from consumers and environment protection groups once the claim of becoming ‘GREEN’ is made.  Customer Reactions: Some consumers equate green marketing with products that cost more or sacrifice practical value for vague or unproven environmental benefits.  Consumer Backlash: The press are waiting in the wings to pounce on any company that makes unsubstantiated or inflated claims about their greenness.

8 CONCLUSION  Right time to select ‘Green Marketing’.  Drastic change in the world of business inevitable.  With global warming looming large, it is important to make it a norm rather than a ‘fad’.  Not only convinces the consumer but also involves the consumer in marketing.  Important to understand benefits of green products over non-green ones.

9 GO GREEN Thank you


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