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Also Known As: Environmental Marketing, Ecological Marketing, Eco-Marketing, green sheen.
Green Marketing Definition
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 in an environmentally friendly way, such as:
Green marketing is the marketing of products which are considered not to be harmful for
environment. In the 21st century the world is facing a severe threat of sustainability due to
economic crisis, energy crisis, environment pollution, and greenhouse gas emissions which
cause global warming. Our resources are limited but human needs are unlimited, so that our
resources must be utilized economically and in an environment friendly way. For the
sustainability of the humankind green marketing practice is needed in the society.
Manufacturing and providing products to the consumers must be of good quality and not
harmful to them in the long run and which will be sustainable developed. Adoption of green
marketing in the society may not be easy in the short run, but in the long run surely it will be
profitable.
A green company claims to act in a way which minimizes damage to the environment.
As global warming continues apace and becomes an increasingly prevalent topic amongst world
governments, many companies are doing their part to become environmentally more
responsible or "green".
Before we get started with how to identify a green product, we have to understand what the
definition of a green product is. The terms “green” or “sustainable” often refer to products,
services or practices that allow for economic development while conserving for future
generations. We prefer to describe a green product as one that has less of an environmental
impact or is less detrimental to human health than the traditional product equivalent. While on
the topic of defining a green product, you must realize that almost no product will ever be
100% “green,” since all product development will have some impact on the surrounding
environment. It all comes down to degrees of impact and as we discussed above, trading off
between impacts.
Grocers that advertise organic produce. The organic food industry has grown in leaps
and bounds as consumers express an increased preference for non genetically modified
foods that are free of pesticides.
Restaurants that promote "locally sourced" meats, vegetables, fish, wines, etc. Local
sourcing is attractive to consumers as it projects an image of sustainability and
willingness to invest in the community.
Toyota's marketing of the Prius hybrid. (The Prius outsells all other hybrid vehicles,
mostly because its unique styling reflects the typical owner's passion for sustainability.)
Green marketing can be a very powerful marketing strategy though when it's done right. See
Three Keys to Successful Green Marketing.