sustainable marketing Flashcards

1
Q

sustainable marketing

A

aim to ensure that marketing strategies and tactics are specifically designed to secure a socially equitable, environmentally friendly and economically fair

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2
Q

why are companies going green

A
  • government pressure
  • competitive advantage
  • cost factors
  • consumer demands
  • social responsibility
  • competition
  • access to new markets
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3
Q

product

A
  • do not pollute the earth
  • environmentally friendly/eco-friendly
  • green products / materials
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4
Q

price

A
  • critical and important factor
  • premium price
  • perception of extra value
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5
Q

place

A
  • manufacturing / production process

- logistics

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6
Q

future challenges

green products require:

A
  • renewable and recyclable materials
  • environmental technology
  • water treatment technology
  • public knowledge
  • good quality
  • willingness to pay a premium
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