“GREEN MARKETING: Strategies, Tools and inspiration for sustainable branding during COVID-19 pandemic” A seminar through web by: NEFAEL F. LANCIOLA, CPA/MBA January 7, 2022 10:00 – 11:00 A.M. Resort manager - Jade Energetic Paradise and Adventure Corp. Brgy. Cabayogan, Badiangan, Iloilo GREEN MARKETING - the process of promoting products and services based on their environmental benefits. It may be environmentally friendly in themselves or produced in an environmentally friendly way. GOALS OF GREEN MARKETING 1. Implementing sustainable business practices 2. Demonstrating social responsibility 3. Reducing expenses 4. Demonstrating how safe and mindful products or services are Features of Green Marketing Helps to produce eco-friendly products Products focuses on wastage minimization and proper resource planning It helps in sustainability of environment Contributes for reduction of various green house gases in the environment. Benefits of Green Marketing Promotes that your company uses sustainable materials or offers energy-efficient products or that your packaging is 100% recyclable. These appeal to consumers and also save your company money. SUSTAINABLE DEVELOPMENT PILLARS All development projects or ventures should be: 1. Environmentally sustainable 2. Socially just 3. Economically viable Sustainable development emphasizes the enhancement of environmental, social and economic resources, with all three of them being critical to meet the needs of current and future generations. Sustainability remains the vital long-term goal, but the Green Economy is describing a pathway to sustainable development. The Green Marketing Mix A model green marketing mix 1. Product 2. Price 3. Place 4. Promotion The Green Marketing Mix Additional social marketing “P’s” 1. Publics 2. Partnership 3. Policy 4. Purse Strings IMPORTANCE OF GREEN MARKETING Green marketing is also known as environmental marketing or sustainable marketing. It refers to all activities that facilitate any exchange intended to satisfy human needs and wants in such a way that the satisfaction of the said needs and wants occurs with the minimum detrimental impact on the natural environment. Why is it important to be green? Going green reduces air pollution and environmental toxins that could affect our body’s immune system that fights infections, and that could expose us to diseases and fatal illnesses. Another advantage of going green is that it helps decrease the number of pollutants released to the environment. How do you do green marketing ? 1. 2. 3. 4. 5. 6. Use recycled materials in product production. Use green energy Reduce production waste Use eco-friendly methods Buy/sell locally Reduce product packaging Green Products: 1. Products with are recyclable, reusable and biodegradable in nature 2. Product with natural ingredients 3. Product containing recycled contents, non toxic chemicals 4. Product contents under approved chemicals 5. Products that do not harm or pollute the environment 6. Products that will not be tested on animals Examples: - Lead Free Paints from Kansai Nerolac Kainsai Nerolac has worked on removing hazardous heavy metals from their paints. - Wipro’s Green Machine – Wipro Info Tech was India’s first company to launch environment friendly computer peripherals. Wipro has launched a new range of desktops and laptops call Wipro Greenware. Thus reducing e-waste in the environment. Green Marketing Ideas to Promote EcoFriendly Small Businesses 1. Show your business care about the environment by focusing on green product advantages and eco-friendly business practices in your marketing messages and strategies. 2. Create an Eco-Friendly Selling Point 3. Brand with Green Logos or Insignias 4. Print on Recycled Paper 5. Invest in Online Marketing 6. Promote Local Vendors HOW TO INTEGRATE GREEN MARKETING INTO YOUR OVERALL BUSINESS BRAND MARKETING STRATEGY - Communicate your green message through advertising - Promote green aspects of your company through content assets at all points of customer contact - Initiate market research and visualize the results to educate consumers and recommend green improvements to your niche - Partner with like-minded businesses for cross-promotion - Support eco-friendly programs and corresponding community initiatives - Focus on green production Ways to Ensure the Achievement of Economic Goals Though Sustainable Business Amidst Crisis 1. 2. 3. 4. Get creative to advance sustainability amid crisis Adapt to a new world Work with governments to ignite a green recovery Take note that corporate resilience becomes supercharged 5. Double down on environmental, social, and governance (ESG) performance 6. Harness new business models and practices 7. Seek out sustainable value in deals EXAMPLES OF SUCH STRATEGIES - Creation of environmentally friendly products Packaging your products in a sustainable way Leveraging sustainable business practices Promoting the green benefits of existing products Using recycled materials in production Harnessing green energy Reducing production waste Using environmentally friendly methods Buying or selling locally, reducing transportation Reducing packaging Making reusable or recyclable products THE NEW RULES OF GREEN MARKETING 1 Get a certificate There are different certifications for business Sustainability. Explore the various certification options and determine which one is available and appropriate for your product. THE NEW RULES OF GREEN MARKETING 2 Talk about the “green” status Once a company is certified and became a proven green advocate, it should be announced by blogging, posting on how to be green on social media, adding certifications to your website and more. THE NEW RULES OF GREEN MARKETING 4 Support green programs and initiatives When your company plans to donate to charity or support local programs and initiatives, make sure you choose truly green organizations. This will help build consistent brand positioning and support a cause you care about. THE NEW RULES OF GREEN MARKETING 3 Make sustainability a part of the company’s culture Incorporate environmental practices into the company culture. Every employee needs to know that you want to make things as ecologically friendly as possible. THE NEW RULES OF GREEN MARKETING 4 Support green programs and initiatives When your company plans to donate to charity or support local programs and initiatives, make sure you choose truly green organizations. This will help build consistent brand positioning and support a cause you care about. The shutdowns of companies resulting from COVID-19 pandemic are not just temporary; recovery will take time, and the aftershocks will fundamentally reshape industries and society. As the economy is relaunched, it is vital that companies seek to build back better and, in doing so, help society overcome the existential treats of any environmental change and nature loss. THANK YOU