Eco-marketing, or green marketing, is integral to contemporary business strategies, focusing on environmental sustainability. It involves selling products or services that provide environmental benefits, such as sustainable materials, energy-efficient products, or recyclable packaging.
The importance and significance of green marketing are multi-faceted.
Firstly, it helps raise awareness of environmental issues.With growing environmental awareness, consumers are actively looking for brands that share their values and beliefs.
Green marketing caters to this growing demand, attracting eco-conscious consumers and fostering long-term loyalty.
Secondly, green marketing improves a company's credibility. By developing and selling environmentally friendly goods or services, companies can demonstrate their commitment to sustainability, thereby enhancing their reputation.
Finally, green marketing allows businesses to tap into new markets. The promotion of products based on their environmentally conscious attributes can help companies reach audiences that prioritize sustainability.
In conclusion, green marketing is not just a trend, but an essential aspect of contemporary commerce. It offers significant benefits to businesses, from improving brand image to attracting a broader customer base, all while contributing to the global push towards sustainability.
From Chapter 9:
Now Playing
Social Responsibility and Ethics in Marketing
96 Views
Social Responsibility and Ethics in Marketing
395 Views
Social Responsibility and Ethics in Marketing
112 Views
Social Responsibility and Ethics in Marketing
97 Views
Social Responsibility and Ethics in Marketing
144 Views
Social Responsibility and Ethics in Marketing
135 Views
Social Responsibility and Ethics in Marketing
134 Views
Social Responsibility and Ethics in Marketing
45 Views
Social Responsibility and Ethics in Marketing
348 Views
Social Responsibility and Ethics in Marketing
56 Views
Social Responsibility and Ethics in Marketing
234 Views
Social Responsibility and Ethics in Marketing
89 Views
Copyright © 2025 MyJoVE Corporation. All rights reserved