Green marketing includes the concept of planning, development and promotion of
environment-friendly products or services to satisfy the needs of ultimate customers for
quality, quantity, optimum price and service, without however having a negative effect
on the usage or its users (Jain and Kaur, 2004; Peattie and Crane, 2005; Grant, 2008;
and Pride and Ferrell, 2008). Therefore, green marketing refers to a holistic marketing
notion in which the production, marketing, consumption and disposal of products and
services happen in a way that is less harmful to the environment with mounting awareness
about the connotation of global warming, non-biodegradable solid waste, and harmful
impact of pollution (Shrikanth and Surya Narayana Raju, 2012). It is a fact that both
marketers and consumers are increasingly becoming aware of the need for switch to
green products and services. The move from the existing marketing methods to green
marketing may appear to be expensive in the short-term, but it will absolutely prove to
be crucial and beneficial, and cost-effective in the long run (Sandeep et al., 2011).
Green marketing is rapidly changing the trendy marketing tactics as per the consumer
demand in a sustainable way. Green marketing strategy reaps multiple benefits like
increased revenue, reduced costs, new product development, risk mitigation, environment
protection, global safety and enhanced brand reputation. Green marketing is needed to
address environmental issues which influence all human society and natural atmosphere.
Green marketing has commanded tremendous attention in the context of global warming
and climate change and as a result has forced both the customers on one side and the
companies on the other to incorporate the principles of green marketing. Recently, it has
drawn the attention of government too in this regard and paved the way for introducing
many environment-friendly policies. The divergence between limited resources and
unlimited wants of human resource is to be used economically and in an environmentfriendly
way. Companies should adopt innovative methods sustainable development in
the competitive environment to enable the use of green marketing products. Using a green
product safeguards the interests of its users and safeguards the society and the environment.
Setting up a responsive policy in this regard will maximize the health of the earth.
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