This document provides an overview of green marketing in India. It defines green marketing as marketing of products and services based on environmental factors. The objectives of the study are to understand green marketing, study the present scenario and challenges in India, and analyze green marketing's future prospects through a SWOT analysis. Some challenges to green marketing in India include the need for standardization, that it is a new concept, and avoiding an overemphasis on environmental aspects over customer needs. However, green marketing also provides opportunities to access new markets, gain a competitive advantage, and improve social awareness.
green marketing definition, application, benefits,challenges of green marketing, examples of green marketing, green product features and characteristics. Evolution of green marketing, reasons for adopting green marketing, green marketing mix, advantages of green marketing, problems with application of green marketing. Key to successful green marketing, initiatives taken by various organization. reasons for adopting green marketing.
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...Preeti Acharya
Green Marketing, Green Marketing Definition, Green Marketing examples, Green Marketing Need, Green Marketing Benefits, Eco- Labeling, Eco-Scheme, Green Washing, Examples of Green Washing, Conclusion
green marketing definition, application, benefits,challenges of green marketing, examples of green marketing, green product features and characteristics. Evolution of green marketing, reasons for adopting green marketing, green marketing mix, advantages of green marketing, problems with application of green marketing. Key to successful green marketing, initiatives taken by various organization. reasons for adopting green marketing.
Green Marketing, Green Marketing Definition, Green Marketing examples, Green ...Preeti Acharya
Green Marketing, Green Marketing Definition, Green Marketing examples, Green Marketing Need, Green Marketing Benefits, Eco- Labeling, Eco-Scheme, Green Washing, Examples of Green Washing, Conclusion
Greenwashing has become a very popular way for corporations to get ahead of their competitors.
It is a way for corporations to make themselves more marketable by hiding behind a mask and concealing their true colors.
Not only has greenwashing fooled the general public, but it has made many corporations extremely prosperous. With the amount of competition out there, it doesn’t look like the end of greenwashing is anywhere near. Greenwashing has proven itself a workable solution for the many corporations using the technique, but at the same time, has stirred up a lot of discussion.
Greenwashing will continue to be utilized by many corporations and the consumer will continue to buy. In a world where the fight to the top is a never ending battle, greenwashing will continue to be the tool of choice.
The purpose of this study is to describe the various initiatives introduced by the Indian companies namely HCL, LG India and Wipro InfoTech for promoting Green Marketing along with the reasons behind these companies adopted this great Initiative.
Green marketing 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 itself or produced and/or packaged in this way.
Emerging Trends Of Green Marketing In IndiaLatha setna
Green marketing is the marketing of products that are presumed to be environmentally safe. Green marketing incorporates a broad range of activities, including product modification, changes to the production process, packaging changes, as well as modifying advertising. This concept has enabled for the re-marketing and packaging of existing products which already adhere to such guidelines. All the countries are taking necessary steps to implement the environmentally friendly products to save the earth. This research paper discusses how businesses have increased their rate of targeting green consumers, those who are concerned about the environment and allow it to affect their purchasing decisions. This paper also examines the present trends of green marketing in India, explores the challenges and opportunities businesses have with green marketing.
GREEN MARKETING - AN ANALYSIS OF CONSUMER BEHAVIOUR TOWARDS GREEN PRODUCTSTanushree Bhowmick
This paper was presented in the Ist International Conference on Business & Information Management (ICBIM), 2012, organized by NIT, Durgapur. This is basically a research paper aiming to contribute towards the growing ecological concern that most marketers want to address these days. It also tries to unveil consumer behaviour towards the purchase and consumption of eco-friendly products.
Greenwashing has become a very popular way for corporations to get ahead of their competitors.
It is a way for corporations to make themselves more marketable by hiding behind a mask and concealing their true colors.
Not only has greenwashing fooled the general public, but it has made many corporations extremely prosperous. With the amount of competition out there, it doesn’t look like the end of greenwashing is anywhere near. Greenwashing has proven itself a workable solution for the many corporations using the technique, but at the same time, has stirred up a lot of discussion.
Greenwashing will continue to be utilized by many corporations and the consumer will continue to buy. In a world where the fight to the top is a never ending battle, greenwashing will continue to be the tool of choice.
The purpose of this study is to describe the various initiatives introduced by the Indian companies namely HCL, LG India and Wipro InfoTech for promoting Green Marketing along with the reasons behind these companies adopted this great Initiative.
Green marketing 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 itself or produced and/or packaged in this way.
Emerging Trends Of Green Marketing In IndiaLatha setna
Green marketing is the marketing of products that are presumed to be environmentally safe. Green marketing incorporates a broad range of activities, including product modification, changes to the production process, packaging changes, as well as modifying advertising. This concept has enabled for the re-marketing and packaging of existing products which already adhere to such guidelines. All the countries are taking necessary steps to implement the environmentally friendly products to save the earth. This research paper discusses how businesses have increased their rate of targeting green consumers, those who are concerned about the environment and allow it to affect their purchasing decisions. This paper also examines the present trends of green marketing in India, explores the challenges and opportunities businesses have with green marketing.
GREEN MARKETING - AN ANALYSIS OF CONSUMER BEHAVIOUR TOWARDS GREEN PRODUCTSTanushree Bhowmick
This paper was presented in the Ist International Conference on Business & Information Management (ICBIM), 2012, organized by NIT, Durgapur. This is basically a research paper aiming to contribute towards the growing ecological concern that most marketers want to address these days. It also tries to unveil consumer behaviour towards the purchase and consumption of eco-friendly products.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESANUGYA JAISWAL
Green marketing is that the marketing of products that are presumed to be environmentally safe.
Green marketing is the method of selling products and services which supports the environmental benefits. These products or services can be environmentally friendly in it or produced and packaged in an environmentally friendly way. Thus the green marketing is also known as Environmental Marketing.
go green - green marketing its rise for an eco friendly processes in indiaKumar Goud
Abstract: Green marketing is a phenomenon which has developed particular important in the contemporary market. This concept has enabled for the re-marketing and packaging of accessible products which already adhere to such guidelines. Moreover, the development of green marketing has opened the door of opportunity for companies to co-brand their products into separate line, lauding the green-friendliness of some while ignoring that of others. Such marketing techniques will be explained as a direct result of movement in the minds of the consumer market. As a result of this businesses have increased their rate of targeting consumers who are concerned about the environment. These same consumers through their concern are interested in integrating environmental issues into their purchasing decisions through their incorporation into the process and content of the marketing strategy for whatever product may be required. This paper discusses how businesses have increased their rate of targeting green consumers, those who are concerned about the environment and allow it to affect their purchasing decisions. The paper identifies the three particular segments of green consumers and explores the challenges and opportunities businesses have with green marketing. The paper also examines the present trends of green marketing in India and describes the reason why companies are adopting it and future of green marketing and concludes that green marketing is something that will continuously grow in both practice and demand.
Keywords - Green Marketing, Green Product, Recyclable, Environmentally safe, Eco Friendly.
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...IAEME Publication
Background: In recent decades the concept of marketing environmental friendly products, in the aspects ranging from production to packing is getting attention to protect our environment as well as the life of human beings. Specifically the focus and awareness about organic products is increased day by day. Objectives: Hence the researcher made an attempt find out the consumer behavior towards marketing of organic products and impact of green marketing on the purchasing behavior of organic products Tiruchirappalli district. Methodology: To resolve the objective the researcher has collected 175 primary data with the support of structured questionnaire. And the collected data were analyzed with support descriptive analysis, simple regression and of chi squire test. Findings: The outcome of analysis shows that awareness on green products market has gained momentum and people are very much aware on the impact of inorganic products. The green marketing has notable impact on the purchasing behavior of organic products. Specifically the focus of female respondent and graduate respondents were giving more preference to organic products.
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2. Green Marketing - Introduction
Green Marketing is the marketing of products and services
based on environmental factors or awareness.
Green Marketing companies seek to go above and beyond
traditional marketing by promoting environmental core
values in the hope that, consumers will associate there values
with their company or brand.
Engaging in these sustainable activities can lead to creating a
new product line that caters to a new target market.
3. Definition of Green Marketing
According to the American Marketing Association, green
marketing is the marketing of products that are presumed
to be environmentally safe.
4. Objective of the Study
To understand about green marketing.
To study the present scenario and potential of green marketing in
India.
To study the challenges faced by Green marketers in India.
Green marketing and its future prospectus.
To do a SWOT analysis on Green Marketing in India.
5. Evolution of Green Marketing
The promotion of environmentally safe or beneficial products, green
marketing began in Europe in the early 1980s when specific
products were identified as being harmful to the earth’s atmosphere.
As a result, new “green” products were introduced that were less
damaging to the environment. The concept caught on in the United
States and has been gaining steadily ever since.
According to Peattie (2001), the evolution of green marketing has
three phases.
Ecological, Environmental, Sustainable
6. Green Marketing Mix
Product:
The ecological objectives in planning products are to reduce
resource consumption and pollution and to increase effective
utilisation of scare resources.
Price:
Price of green products may may be a little higher than other
products, because of higher quality of incredients.
7. Place:
The choice of where and when to make a product available will
have significant impact on the customers. Very few customers will
go out of their way to buy green products.
Promotion:
A communication with the market should put stress on
environmental aspects.
8. Challenges in Green Marketing
Need for Standardization:
There is no standardization currently in place to certify a
product as organic. Unless some regulatory bodies are
involved in providing the certifications there will not be any
verifiable means. A standard quality control board needs to
be in place for such labelling and licensing.
New Concept
Indian literate and urban consumer is getting more aware
about the merits of Green products. But it is still a new
concept for the masses. The consumer needs to be educated
and made aware of the environmental threats.
9. Patience and Perseverance
The investors and corporate need to view the environment as a
major long-term investment opportunity, the marketers need to look
at the long-term benefits from this new green movement. Since it is
a new concept and idea, it will have its own acceptance period.
Avoiding Green Myopia
The first rule of green marketing is focusing on customer
benefits. It is not going to help if a product is developed which is
absolutely green in various aspects but does not pass the customer
satisfaction criteria. This will lead to green myopia.
10. SWOT Analysis
Strength Weakness Opportunity Threats
Get access to new
markets
Customers give more
preference to their
personal needs than
environment
Increase in the demand
for eco-friendly
products
Uncertainty as to the
environmental impact of
present activities.
Gain an advantage over
competitor and builds
brand equity and wins
brand loyalty
Green labelling as
becoming a marketing
gimmick
Companies can improve
their social awareness
Uncertainty which
green marketing
activities are acceptable
from a government
perspective.
Can charge a premium
on more eco-
responsible products
Overemphasizing
greenness rather than
customer needs can
prove devastating for a
product.
Others are forced to
move on eco-friendly
products
Possibility of a backlash
from consumers or
government based on
existing green
marketing
11. Present Trends in Green Marketing in India
Best Green IT Project: State Bank of India: Green IT@SBI
Indian Oil's Green Agenda Green Initiatives
The Thyagaraja Stadium: India's 1st Green Stadium
Introduction of CNG in Delhi
Eco-friendly Rickshaws before CWG
Wipro Green It - Wipro's Green Machines (In India Only)
Agartala to be India's first Green City
12. Conclusion
Green marketing is a tool for protecting the environment for future
generation. Adoption of Green marketing may not be easy in the
short run, but in the long run it will definitely have a positive impact
on the firm. Green Marketing is still in the stage of childhood in the
Indian companies.
Therefore, there is a need for green marketing and a need for a
shift in the consumer ‘s behaviour and attitude towards more
environment friendly life styles. The companies must keep in mind
that the consumers are very much concerned about the
environmental issues cropping up in the country and they are very
much willing to pay a premium price for the „green‟ products, if
these eco-friendly products provide an extra value to the consumers.