The term ‘sustainability’ has become the keyword of this competitive era. As resources
are scarce and human wants are infinite, this broadening gap has augmented the interest
among the consumers all over the world regarding fortification of environment. This
increasing awareness and environmental consciousness has transformed the behavioral
blueprints both in individuals and businesses. Now there is an era of recyclable,
non-toxic and environment responsive green goods.
All over the world, people believe that environment-friendly products are safer
to use. They are, at present, showing eager interest in everything that is organic
such as organic food, hybrid cars, carpooling, re-cycled products, energy saving
appliances, etc. Thus, the global distress for sustainable development has highlighted
the necessity to go green. In every field of human life; and that includes marketing
as well. As a consequence, there is a swing in practices of marketers as well that
has given birth to the concept of ‘Think Green’.
This led to green marketing which speaks of mounting market for sustainable and
socially accountable products and services. It contains a wide range of tasks such
as product adjustment, transforming the production process, changed advertising,
modifications in packaging, etc., that aims at reducing the harmful impact of products
and their consumption and disposal on the environment
Despite this world awareness, there are numerous potential challenges and issues
that are required to be surmounted.
Green marketing has evolved as the new mantra for marketers to persuade the needs
of target audience and thereby produce lucrative bottom lines. While the shift to
‘green’ may emerge to be expensive in the near future, it will unquestionably prove
to be crucial and advantageous, cost-wise too, in the upcoming years. A majority
of organizations, around the world, are making an attempt to reduce the harmful
impact of production processes on the climate and other environmental conditions.
They have comprehensively utilized the word ‘green’ in marketing campaigns in the
form of green marketing, green supply chains, green retailing, green consumers,
green products, etc. Hence, the businesses and the marketers are taking the cue
and going green for the betterment of the entire society.
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