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What is Green Marketing • The study of the positive and negative aspects of marketing activities on pollution, energy depletion and non-energy resource depletion. • Green Marketing or Environmental Marketing consists of all activities designed to generate and facilitate any exchanges 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. Why Is It Important Limited Resources Alternative Ways Unlimited Wants GREEN MARKETING • Green Marketing looks at how marketing activities utilize limited resources, while satisfying consumers’ unlimited wants, both of individuals and industry, as well as achieving the selling organization's objectives. Why To Go For It? •Opportunity •Moral Obligation •Pressure from Government •Competitor’s Environmental Activities •Cost factors 1. Opportunity • Firms marketing goods with environmental characteristics will have a competitive advantage over firms marketing non-environmentally responsible alternatives. For Example: Mcdonalds replaced clamshell packaging with waxed paper. Because of polysterine production and ozone layer depletion Xerox introduced a "high quality" recycled photocopierpaper in an attempt to satisfy the demands of firms forless environmentally harmful product 2. Social Responsibility • Environmental issues being integrated into the firm's corporate culture . Firms in this situation can take two perspectives: promote as a do not marketing tool promote
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