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Environmental Marketing to counteract this they tuned in to

Pointers to Review: sustainability marketing

1.Evolution of Green Marketing


2.Sustainable Marketing Principle Five Principles of Sustainability
3.Corporate Social Responsibility Marketing:
4.Fundamentals of Responsible Business
5.Five M’s of the business 1. Consumer / Customer Oriented
6.Global Environmental and Economic - Means that the company or org
Challenges view its marketing strategy from a
7.Sustainable Branding and Packaging consumer point of view
8.Barriers to Sustainable Pricing - Every company should prioritize its
9.Customer Relationship Management customers and organize its
10.Public Relations and Publicity activities around the needs of
11.Marketing Communication Tools consumers
- Knowing what consumers wnat
and their perspective is creates a
long lasting relationship

2. Customer Value
- Customer Value marketing entails
putting most efforts and resources
into continuously improving the
Chapter 1 : Introduction to Sustainable value added to the offering. As the
Marketing company creates value to the
customer the customer in turn
creates value to the company.
Definition and Principles of Sustainable - Is creating value in the company
Marketing and its products to the customer,
the company should create value
Sustainability : in its offerings.
- knowledge to exist continually - When there is value in the product,
- Is the understanding of the business to customers don’t mind paying
exceed endlessly anymore.

Sustainability Marketing: 3. Innovative


- is the promotion of environmental and - The principle of innovative
socially responsible products, practices marketing entails that the company
and brand values never stops finding better ways to
- spending on something locally sourced develop products, services and
or recyclable better ways to market.
- Referred to as green marketing is when - Those that ignore innovation will
a company focuses on social and lose to those who find better ways
environmental investments as a marketing - Continuous improvement is key to
strategy excellent and successful
- companies are often criticized for their sustainable marketing.
waste, price-markup and false advertising,
- Innovate the products to make it solution provider rather than a
more appealing, sustainable and money maker
affordable to the customers.
- Changing the packaging, flavor,
type of the product, or offering a History of Unsustainable Marketing
low cost alternative can also be
considered as innovation. How one SDG - Sustainable Development Goal is
presents the product to the composed of countries that aim to solve
customers problems of unsustainable marketing from
- Sample: Coca-Cola did not change at least 1 to 2 businesses?
its products rather innovated in its
advertising strategies, they From Video
presented it as the experience - Australian tribe burning land,is
apparently helping the economy
4. Sense of Mission - Indians practicing sustainability
- is a principle that guides a firm to - Spain, sea of plastic, laborers are
define a broad mission that speaks underpaid
to society rather than just the - Palm oil bus bad
product
- Adopting a mission gives the
company a clear and long-term Environmental Awakening / Awareness
direction and serves the best
long-run interests of consumers Environmentalism
and the brand. - is an ideology that evokes the necessity
- Having a sense of mission in one’s and responsibility of humans to respect,
marketing conveys a sense of protect and preserve the natural world
seriousness to the customers from its anthropogenic (caused by
- This sense is more important than humans) afflictions
having a better profit margin. This
works in long-term sustainable Environmental Awareness
growth for the organization. - is an integral part to the movements
success. BY spreading awareness that the
5. Societal environment is fragile and indispensable
- The company balances decisions we can begin fixing the issues that
based on customer wants, the threaten it
company requirements and the
customer and society’s long ter
interests The Evolution of a New Paradigm
- Innovative companies look ahead
to potential societal issues as Evolution of Green Marketing Orientation
opportunities
- This principle focuses primarily on Green Marketing
the company, customer and social - is also known as sustainable marketing,
interests organic marketing, eco-friendly marketing
- This has become important environmental and ecological marketing
because it creates the company’s
presence amongst social classes
and helps to establish the org as a Ecological Phase:
1960 - 1985 : Focus on most damaging CHAPTER 2 : Sustainable Marketing
industries Strategy

- all marketing activities were supposed to


be a cure for environmental problems Competitive Advantage and Business
- this phase did not provide useful Case for Sustainability
results.the only benefit gained is the
awareness from the government. The 1. Driving Competitive Advantage
government recognized green marketing - When the bus is joined with
to be “a form of response to environmental sustainable marketing, all
activism” stakeholders are involved because
they know the org’s goal (CSR)
Environmental Phase - Because of that goal, stakeholders
1985 - 2000 : focus on clean technology, are encouraged to join because of
environmental problems good sustainable marketing

- marketers focused on clean tech 2. Improving risk management


applicable to the design of innovative
products a decrease of population and 3. Fostering innovation
waste
- compared to ecological phase, this - Providing any variants, still going
phase was not limited to consumption of with the trend
resources but put a capture to
environmental problems, such as 4. Improving Financial
destruction of the ecosystem, extinction of Performance
species - Because of innovation, financial
- green marketing also covered performance is improved, produce
electronics, tourism , clothing and not just more sales
toxic industries
5. Building customer loyalty
- Customers know sustainable goals
Sustainable Phase that's why they patronise
2000 - present : Focus on specific
requirement for products 6. Attracting and Engaging
Employees
- marketing becomes more radical with a - Employees will engage with the
goal to meet full environmental costs of activities of company, have that
production and consumption in order to unity, will continue to engage with
create a sustainable economy the company’s goals
- raises a special requirement for
production: to ensure that the current
material standard of living shall not be Frameworks for Sustainable Marketing
harmful to living of future generations
Sustainable Marketing
- Defined as the promotion of
environmental and socially
responsible products, practices
and brand values
- Marketing is an all-encompassing 4. Places
process that starts from the ground up and - Places where one markets to,
the framework provided, using some of the move marketing online
elements of a traditional marketing mix, - Digital marketing
gives the fundamentals to make a green
change within the company and its
marketing effort Creating and Implementing a
Sustainable Marketing Strategy
Framework for Sustainable Marketing
Sustainability Framework
4Ps - Is a way to organise thinking about
1. Product / Service sustainability as well as inform
- To switch or adapt to an planning , management and
eco-conscious design evaluation of activities in order to
- Design and packaging looking to improve and maintain health
be moe sustainable outcomes at a population level
- Moe color/complexity in packaging - Implemented by project staff and
more likely negative local stakeholders
The Assessment Steps for Project
2. Physical Evidence Planning
- Upskilling and promoting
- People want physical evidence of 1. Define the local systems
companies being green and - Who - which stakeholders need to
responsible be at the table to define and
- As the company, must make sure pursue a common long-term
colleagues and processes are as mission
“green” as possible - “Local system” - local stakeholders
- Going online means to prevent and communities brought together
brick and mortar? To help in a to map out their visions and goals
green marketing, in a physical for sustained health improvement
store, produce lots of wastes in the community
- Ex: villages, local authorities,
- Encourage not to print but to health district / posts, rural
recycle development associations, locally
- Eco-friendly office supplies (mugs socially active NGO etc
instead of plastic cup)
- Encourage moe colleagues 2. Define the sustainability
scenarios.
3. Promotion - Identify the elements of SF
- Market the things that will make a - Sustainability Scenario : a short
difference and not just what you’ve description of how the local system
done can expect to achieve and
- Promote the things your company maintain its vision in the long term
has done that make a difference to - Broadly identifies roles and
the world responsibilities of stakeholders,
- Stand out first (greta thunberg capabilities they need to have,
sample) flows of inputs needed, attributes
of an environment that would be CHAPTER 3 - Ethical Dimensions of
properly supportive Sustainable Marketing

3. Choose or construct indicators


- Sustainability framework is both a The Responsibilities of Business in
process and a content resulting Society
from this process
- Different dimensions of progress The Role of Business in Society
(outcomes, capacity areas, - The role of a business is to
environment) are presented as produce and distribute goods and
Components of Sustainability services to satisfy a public need or
Framework demand
- Indicators transformed into index
values Corporate Social Responsibility
- Is a business practice that involves
4. Develop an assessment plan participating in initiatives that
and measure the value of benefit a society
indicators - CSR as a business practice
- Carry out set of assessments to involves putting certain funds
determine baseline attainments of toward organizations or people
each of the six measurement who need aid
components to find out where they - Proceeds towards feeding the
stand at the present hungry or orgs that clean up the
environment
5. Present data - Bus are also expected to maintain
- Make large amount of data visually a certain level of responsibility in
pleasing the way they run their operations
- Can be ethically irresponsible if the
6. Engage actors in the local comp knowingly brings harm to the
system in reviewing results environment or if they treat
- Define or revise your project’s employees unfairly
strategy to better contribute to the - Consumers developed moe
local actor’s plan concern for ethics behind goods
a. Conduct environmental scan with and services, employees too
stakeholders to look at barriers - CSR has significant effect in
b. Conduct present/future reality customer loyalty, company culture,
analysis in order to develop or retaining employees and overall
refine the sustainability scenario profit
c. Determine what your project can
contribute to the vision/scenario by The Fundamental of Responsible
identifying priority activities Business
d. Develop project Results
Framework within a sustainability 5 Pillars of Sustainability
plan of the local system
1. Customer Value
- Connecting to customers is what
matters most.
- Give customers choices. By putting 2. Legalistic - only follow the law,
their wants and needs first we ethics barely considered
support their energy needs now 3. Responsive - recognize that
and into the future ethics can be helpful and
sometimes can be used to their
2. Environmental Footprint advantage
- Comp projects, restoring natural 4. Ethical - ethics are their very core,
areas, reducing carbon emission, recognize the benefits, going just
helping pass environmental beyond appropriate policies
legislation to make sure the
environment stays that way for Ethics matter now, and the public needs
generations transparency

3. Quality Workforce Ethics in orgs wil:


- Powering and investing in a safe, - Increase staff morale
valued and engaged workforce - Boost reputation
supports our region’s energy - Attract customers
needs now and the future - Generate goodwill
- Investing on employees gives them - Improve brand recognition
opportunities to grow personally - New finance sources
and professionally in a dynamic
and diverse workplace 4 Pillars, UN Global Compact
1. Protection of Human Rights
4. Responsible Management 2. 4 main principles labor Standards
- Companies are working hard to a. Appropriate labor standards
manage risks for the future while b. Fair pricing
reducing costs today c. Commitment to diversity
d. Fair payment
5. Strong Communities 3. Environment
- Invest where we live and work to 4. Working against Corruption
engage in helping the community
solve issues that moves us toward
a safer and healthier future The Responsibility of Individual
Customers

Sustainability : The New Ethics

Ethics CHAPTER 4 : The Marketing Environment


- Are set of moral principles that and Processes
governs a person’s behavior
- Pertains to what is right and wrong
- Companies can act lawfully but Five M’s of the business
unethically
Men: The people of the organisation
4 Main Ways an org can be right: including both skilled and unskilled
workers.
1. Amoral - winning at all costs, can
act unlawfully let alone unethically
Minutes: Time taken for the processes of f. Public - made up of any group that
the business to complete. has an actual or potential interest
or affects the company’s ability to
Machinery: Equipment required by the serve its customers
business to facilitate or complete the
processes. 2. Macro Environment
- Macro component of the marketing
Materials: The factors of production or environment is also known as
supplies required by the business to broad environments
complete the processes or production. - Constitutes the external factors
which affects the industry as a
Money: Money is the financial resource whole but don’t have direct effect
used to purchase machinery, materials, on the business
and pay the employees.
a. Demographic Environment - is
External Environment made up of people who constitute
- Constitutes factors and forces the market
which are external to the business - Factual segregation of the
and on which the marketer has population according to their size,
little or no control. density, location, age, gender, race
- Two types: and occupation
b. Economic Environment -
1. Micro Marketing Environment constitutes factors that influence
- Comprises external forces and customer’s purchasing power and
factors that are directly related to spending patterns
the business - Includes; GDP, GNP, interest rates,
- Everything within the firm’s reach. inflation, income distribution,
Forces associated with how the government funding and subsidies
company operates day-to-day and and other major economic
the business has some control variables.
over these areas. c. Physical Environment - includes
the natural environment in which
a. Suppliers - all parties which the bus operates
provide resources of the org - Includes climactic conditions,
b. Market intermediaries - parties environmental change, acessibility
involved in the distribution of to water and raw materials, natural
product or service of the org disasters, pollution etc
c. Partners - al the separate entities d. Technological Environment -
which conduct bus with the org constitute innovation, research and
- Advertising, market research org, development in technology,
banking and insurance, transpo, technological alternatives,
brokers innovation inducements also
d. Customers - comprise of the technological barriers to smooth
target group of the og operation
e. Competitors - are the players in - Tech is one of the biggest sources
the same market who target similar of threats and opportunities and is
customers very dynamic
e. Socio-Cultural Environment - is
made up of the lifestyle, values,
culture, prejudice and beliefs of the
people, this differs in diff regions
f. Political-Legal Environment

CHAPTER 5 : Consumer Behavior and


Sustainable Marketing

Sustainable Consumption
- Consumption of goods and
services that have minimal impact
upon the environment, are socially
equitable and economically viable
whilst meeting the basic needs of
humans

Consumer Engagement
- A marketing strategy that focuses
on increasing the level of
engagement customer have with
your brand by providing
personalized messages and
interacting with customers across
whichever channels they prefer

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