Www.learnmarketing.net Environmental marketing mix © With increasing consumer awareness of environmental issues, companies are adapting marketing strategies.

Slides:



Advertisements
Similar presentations
STERN Aspects of Energy Efficiency Management CSR, Environment, Marketing, CDM potentials, Seed funds.
Advertisements

Lim Sei cK.  If your business is to succeed, you have to be able to sell your product.  Businesses that succeed do so by creating and keeping.
Corporate Social Responsibility in Asia: An Introduction to Sustainable Consumption Richard Welford CSR Asia.
Marketing Management 27th of June 2011.
Business Organisation & Environment Stakeholders
GTBS GREEN VETTING OF SUPPLIERS ARE YOUR SUPPLIERS GREENOR NOT SO GREEN ?
GCSE Business Studies The External Business Environment Revision Unit 3 Part 3a to
Lifecycle analysis Helping to work out the impact of products on people and the environment.
Sustainability Policy. Introduction 2 We understand that the decisions we make as a company have an impact on the ecological, social, cultural, and economic.
Retail Marketing Mix and Planning Charles Blankson, Ph.D.
Winning Strategy 2 CSR plan
2.14 Designing an Effective Marketing Mix
© Marketing Tutors Ltdwww.mtutors.com The Marketing Mix The Tools of Marketing Management.
MAREKTING OF SERVICES Features..
Code of Practice for Packaging Design, Education and Procurement Packaging Council of New Zealand (Inc) June 2010.
Chapter 2, Operations Strategy
Defn Jack Ninemeir defines purchasing as "the series of activities designed to obtain products of the right quality and quantity at the right price and.
MODULE 4 MARKETING STRATEGY A2 Marketing and Accounting and Finance Marketing Decision-making.
The Marketing Mix: Product
The WWF’s ne Planet Living campaign - Moscow, Russian Federation, 14/11/08 Gaël Léopold Manager, Corporate Partnerships Coordinator, OPL Francophone Europe.
Introduction Operations Management Intermediate Business Management.
ENTREPRENEURSHIP Lecture No: 26 BY CH. SHAHZAD ANSAR.
© Cambridge University Press 2012 AREA OF STUDY 2 UNIT 4 MANAGING PEOPLE AND CHANGE CHAPTER 14 CORPORATE SOCIAL RESPONSIBILTY AND BUSINESS ETHICS THE MANAGEMENT.
Stakeholder Objectives
3.3.4 PROMOTION. Central Question What is the best promotional mix?
Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative.
Part E – IMPACT OF MULTINATIONAL BUSINESSES ON HOST COUNTRIES AS (3.2): Demonstrate understanding of strategic response to external factors by a.
SLIDE 1 © 2004, CWT Holdings B.V., All Rights Reserved. Business Travel Case Study Andrew Waller Executive Vice President UK.
Market Planning Unit 4.2 The Marketing Mix.
Promotion, Promotion, Promotion...
Marketing in Today’s World
How are Supermarkets going green?. Introduction Production, packaging and transport of food makes a huge impact on the environment - the food you purchase.
Part A – SOCIAL & CULTURAL SUSTAINABILITY AS (3.2): Demonstrate understanding of strategic response to external factors by a business that operates.
Proposed Joint Initiative between Loblaws and Engineers Without Borders Targeted Promotion of Fair Trade Certified Products.
1. understand and debate some of the key theories and concepts associated with marketing communications and how they work. 2. understand and appreciate.
FOUNDATIONS OF ENTREPRENEURSHP CLASS Nine: BUILDING & DEVELOPING A BRAND Elikem Nutifafa Kuenyehia Management Consultant & Corporate Lawyer.
"You've got to be hungry for ideas, to make things happen and to see your vision made into reality."
PROMOTION.
Developing a Marketing Plan Unit 3.  The 5 P’s (formerly “the 4 P’s”)  Product  Place  Price  Promotion  People The Marketing Mix.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
The Fundamentals of the Global Marketing Mix
CHAPTER 02 Developing marketing strategies and plans.
A2 Unit 6 External Influences. Objectives To introduce the new module and its contents Students should understand the concept of social responsibility.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
Internal CSR Branded Water We are all a sucker for consuming something that is good looking. We are naturally attracted, and we are especially attracted.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
Good Corporate Citizenship – Building Sustainable Public Health.
Business and Communication Systems BUSINESS AIMS GCSE Business and Communication Systems.
BUSS2 Marketing: using the marketing mix - promotion.
Level 2 Business Studies AS90844 Demonstrate understanding of the internal operations of a large business.
Lifecycle analysis Helping to work out the impact of products on people and the environment.
MARKETING MIX. What is Marketing Mix? The marketing mix is the combination of marketing activities that an organisation engages in so as to best meet.
STANDARD GRADE BUSINESS MANAGEMENT REVISION Unit 1 - Introduction What organisations have in common – Name; aims; resources; image; rules Goods/services.
The Times 100 Business Case Studies
CSR.  Discuss the actions a business of your choosing might take to demonstrate CSR. Evaluate whether these reflect genuine values or are just a form.
D. Marketing a Small Business
Think, pair, share as many consequences of globalisation as you can think of. Categorise them into moral/social and environmental. Unit 1 AS Global Challenges.
Using the Marketing Mix: Promotion
III About market structures
Planning at Product Level
The Marketing Mix.
AS Business Studies STAKEHOLDERS.
How to communicate your message to the target market.
Handout 6: Organisational objectives
Sharing of Underground Data - A Utility Perspective
My Learning from SSGA!.
D. Marketing a Small Business
The 7 Marketing Functions
SOCIAL RESPONSIBILITIES SUSTAINABLE DESIGN CONSUMER EXPECTATIONS
Level 2 Business Studies
Presentation transcript:

Environmental marketing mix © With increasing consumer awareness of environmental issues, companies are adapting marketing strategies to minimise their impact on the environment around them. The environmental marketing mix © aims to maximise profit without causing the environment detriment. The traditional “marketing mix” does not take environmental impact into account. Environmental Marketing Mix ©

Environmental marketing mix © When developing an environmental marketing mix, there are a number of environmental questions a company has to ask itself. These questions surround the following:  Environmental Product Strategy  Environmental Place Strategy  Environmental Pricing Strategy  Environmental Promotion Strategy Environmental Marketing Mix ©

Environmental marketing mix © Environmental Product Strategy Environmental product strategy questions will include What is the impact of our production, sourcing of materials and packaging on the environment? Do our suppliers use energy efficient and environmentally sound techniques? Do we over package? Is our packaging environmentally friendly and bio- degradable?

Environmental marketing mix © Environmental Place Strategy Environmental place strategy questions will include What is the environmental impact of getting our product to our customers? Do we use an external distribution firm who’s fleet uses bio-diesel? If not, should we source a firm who does so? Do we deliver during non-peak hours and reduce congestion? Shall we make less deliveries for environmental reasons? Do we invest in environmentally friendly transport e.g. trains, canals, and electric cars?

Environmental marketing mix © Environmental Pricing Strategy Environmental pricing strategy questions will include Does our pricing encourage/enable our customers and suppliers to take the environmentally friendly options? Does our pricing enable our company to choose environmentally friendly strategies? Do we negotiate prices based on fair trade pricing

Environmental marketing mix © Fair Trade Fair trade pricing is becoming more important to the present day consumer. Fair trade means that suppliers are given a “fair price” for their products so that they can enjoy “better” working conditions and sustain their communities. Non fair trade negotiations will involve organisations securing the lowest price possible from suppliers without regard to the supplier’s living conditions or the community they live in..

Environmental marketing mix © Environmental Promotion Strategy questions will include Are our promotions environmentally friendly? Do our advertising campaigns damage the environment? eg A TV advert which requires the camera crew to fly to the location where the advert is to be filmed. Is our advertising material environmentally friendly eg can the flyers be recycled? Does our choice of celebrity (ies) suggest that we are environmentally friendly? Environmental Promotion Strategy

Environmental marketing mix © Choosing the right celebrity is important and can influence the image of the organisation. UK supermarket Sainsbury Celebrity = chef Jamie Oliver, Reason = the need for healthy eating. If Sainsbury’s are promoting themselves as an environmentally friendly organisation they will need to ensure that the celebrity endorsing their products does not engage in environmentally “unfriendly” activities. Even if their primary reason for employing Jamie is to promote healthy eating. Environmental Promotion Strategy

Environmental marketing mix © Environmental Marketing Mix © As with all corporate social responsibility whether an organisation is viewed as an environmentally friendly will depend on the view of the consumer, media, suppliers and the market place. The decision for the organisation is how far will they go in attempting to convince us all about their “green” credentials. product Price promotion place Plastic carrier bags reduced Deliveries reduced Carbon footprint offset Environmentally friendly