Professional Documents
Culture Documents
TEAM MEMBERS
ANAF KHAN
ANWITA PAL
AREEJ KHAN
ASIF KHAN
BHAVYA TYAGI
BIBIN JOSEPH
GEETANJALI SHARMA
HASAN WAHEEDI
MOHAMMAD SUHAIL
SHUBHAM JAIN
Socially responsible
marketing
INTRODUCTION
• Socially responsible marketing is a kind of marketing philosophy that company should take into
consideration; What is in the best interest of society in present and long term.
• These are some practices that are adopted by the company to acknowledge the larger social and
environmental impacts of their products and services.
• It signals the customers that the company takes responsibility for and aims to reduce
consequences of its operation.
• Such practices fall under the category of CSR (CORPORATE SOCIAL RESPONSIBILITY)
• These are also known as green marketing
• Another recent example could be of fair & lovely fairness cream which
states that people who use it will get a fairer looking skin in very few
days.
• The advertisement creates a wrong impression on the minds of people
that only fair skin is being demanded by the people
• It creates a wrong impact that could lead to racism amongst people.
• It could also make darker toned people feel inferior due to their skin
tone
DETERMINANTS OF SOCIALLY RESPONSIBLE MARKETING
CONSUMERS
1.State plays an important role in making a business responsive to society. A number of legislations are enacted to make it
obligatory for the businessman to obey them. Government fixes and revises wages and other amenities a business
2.There are a number of laws regarding security of workers at work and for controlling pollution from industrial units.
There are regulations for fixing of prices of various products. All such legislations compel a businessman to work
3.Besides various regulatory measures if the businessman still tries to exploit employees and consumers then there is a
threat to nationalization. When government feels that a particular industry is not behaving responsibly and ignores its
social obligations then it can nationalize the whole industry or may take over a particular unit for this reason. Bank
The working of business houses is open to public scrutiny these days. People may not
be interested in the working of a small number of proprietary and partnership
concerns but they do feel concerned about the performance of joint stock companies.
The final accounts of every company are filed with the Registrar of Companies every
year and anybody paying a nominal fee can study them. The exposure of business to
the public has made it conscious about its role. Business enterprises try to improve
their image in the eyes of the public by undertaking social welfare measures.
CORPORATE SOCIAL RESPONSIBILITY
DEFINITIONS
• Corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic
development while improving the quality of life of the workforce and their families as well as of the local community and
society at large (World Business Council for Sustainable Development, 1998).
• Corporate social responsibility encompasses the extent to which companies should promote human rights, democracy,
community improvement and sustainable development objectives throughout the world (confederation of British industry,
2001).
• Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development working
with employees, their families, the local community and society at large to improve the quality of life in ways that are both
for business and good for international development (world bank, 2004).
Corporate social responsibility is a self-regulating business model involving practices by corporations to have a positive
influence on the society. It makes a company socially accountable—to itself, its stakeholders and the public. Corporate social
responsibility allows companies to be conscious of the kind of impact they have on all aspects of society including economic,
social and environmental. The idea is for corporations to pursue pro-social objectives including minimizing environmental
MODELS OF CORPORATE SOCIAL
RESPONSIBILITY
PYRAMID MODEL
MODELS OF CORPORATE SOCIAL
RESPONSIBILITY
INTERSECTING CIRCLES MODEL
MODELS OF CORPORATE SOCIAL
RESPONSIBILITY
CONCENTRIC CIRCLE MODEL
CURRENT TRENDS IN CORPORATE SOCIAL
RESPONSIBILITY
• INCREASED TRANSPARENCY- Heighted government oversight, readily available information has lead to
increased transparency relating to the internal functioning of a company.
• GREEN TECHNOLOGY- Companies are investing in green technologies and reducing their dependency on non
renewable resources to make their business sustainable.
• GLOBAL COMPANIES ACTING LOCALLY- Initiatives aimed at activities to benefit the local communities.
• Eradicating hunger, poverty and malnutrition; promoting preventive healthcare and sanitation.
• Promoting education including special education and employment enhancing vocational training.
• Empowering women; taking measures to reduce inequality faced by socially and economically backward
communities.
• Ensuring environmental sustainability and conservation of natural resources.
• Contributions to central government funds for socio-economic development and
welfare of weaker sections.
• Protection of national heritage as well as traditional arts and handicrafts.
• Rural development.
THE NEED AND BENEFITS OF
SOCIALLY RESPONSIBLE
MARKETING
SOCIALLY RESPONSIBLE
MARKETING
• SOCIALLY RESPONSIBLE MARKETING IS DEFINED AS A STRATEGY THAT
AIMS TO GROW FOR-PROFIT BUSINESS THROUGH PARTNERSHIPS WITH
PHILANTHROPIC ENDEAVOURS AND ENGAGING WITH COMMUNITIES.
•PROVIDES FLEXIBILITY AND MAY LEAD TO FINANCIAL GRANTS FROM THE GOVERNMENT
CONCLUSIONS
• IN TODAY’S WORLD COMPANIES
SHOULD BE AWARE OF THEIR
IMPACT ON SOCIETY AND TAKE
RESPONSIBILITY FOR THE
BENEFITS OR DAMAGE THEY
CREATE
• WHILE INDULGING IN SOCIALLY
RESPONSIBLE ACTIVITIES
COMPANIES MUST NOT FORGET
THE TRIPLE BOTTOM LINE OF
SUSTAINABLE ORGANIZATION
SUCCESS PEOPLE , PLANET AND
PROFIT
Greenwashing (a compound word
modelled on “whitewash”), also called
“green sheen”is a form of marketing
spin in which green PR (green values)
and green marketing are deceptively used
to persuade the public that an
organization's products, aims and policies
are environmentally friendly.
• 1.The sin of suggestive pictures
• 2.The sin of the hidden trade off
• 3.The sin of no proof
• 4.The sin of vagueness
• 5.The sin of irrelevance
• 6.The sin of lesser of two evils
• 7.The sin of fibbing
THE IMPACT OF SOCIALLY RESPONSIBLE MARKETING ON
WORKFORCE
Source: www.WillMarketforFun.com
Customers’ Actions in response to Companies’ behavior
Customer Satisfaction
mediates the
relationship between
Corporate Social
Responsibility and
Firm Market Value
SOME EXAMPLES OF SOCIALLY RESPONSIBLE
MARKETING
TATA TEA “JAAGO RE”
KFC’s Add Hope campaign has not only had a big impact on
the lives of thousands of kids, but also on the KFC brand. It
commands awareness levels of over 75% amongst consumers,
which leads to increased affinity for KFC.
LIFEBUOY “HELP A CHILD REACH 5”