GREEN MARKETING
Journal: International Journal of Management (IJM) (Vol.7, No. 2)Publication Date: 2016-02-24
Authors : TWINKLE K ANTONY; N. PAKUTHARIVU;
Page : 46-51
Keywords : Global Warming; Environmental pollution; Green consumerism; Eco-friendly products.;
Abstract
Green Marketing incorporates greening products and greening firms. The increasing exposure of global market products and environmental issues like global warming, impact of environmental pollution in turn has raised the green sensitivity of consumers for being ecofriendly and green marketing oriented.. However in recent past green consumerism also has been gaining its lime light, Green consumerism has started playing a substance role in ushering corporate environmentalism and constructing business firms green marketing oriented. However, this is not widespread and is still evolving. Organizations and business however have seen this change in consumer attitudes and are trying to gain an edge in the competitive market by exploiting the potential in the green market a modification, changes to the production process, packaging changes, as well as modifying advertising. “Green marketing is defined as "Green or Environmental Marketing consists of all activities designed to generate and facilitate any exchanges intended to satisfy human needs or wants, such that the satisfaction of these needs and wants occurs, with minimal detrimental impact on the natural environment." This definition incorporates much of the traditional components of the marketing definition that is "All activities designed to generate and facilitate any exchanges intended to satisfy human needs or wants" Today Green marketing has become common worldwide, as environmental issues are globally noticed. The paper is based on the emerging opportunities and challenges in green marketing. Through this will be able to identify the threats which the market is facing now and can introduce eco-friendly products in to the market.
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