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Green marketing is defined as an organization’s strategy to design, promote, price and distribute products which are environment friendly that minimizes the harmful impact on the environment. Simply said, marketing products that are environmentally safe. The green consciousness was began in the late 60’s and has become more popular in the early 80’s. As a result, firms adopt this philosophy to design/offer products that suits to the desires of consumer due to growing concern towards the environment. And today, it has one of the tool to grab more market share .
Green
Buying Behavior:
Green
buying behavior referred to the consumption of products which have minimal/no
impact on the environment. The green buying behavior is used interchangeably
with green purchase behavior, ecologically responsible purchase behavior,
pro-environmental purchase behavior.
Over a
period of time consumer behavior had changed a lot due to increased consumer
awareness towards protecting the environment from environmental hazards. Hence
consumers preferring eco-friendly products which preserves the environment and
also satisfies them. As a result, marketer begin to design/offer these products
as desired by the consumer that have little/no impact on the ecosystem. To
enable this, marketers have changed their production process, packaging, and advertising even.
Further, green purchase behavior of
consumers drives the demand for green products. Moreover, eco-conscious
consumers are ready to spend little more for buying environmentally friendly products. It is
clearly observed that eco-conscious consumers are showcasing their disapproval for
products that are polluting the environment. Even consumers are appreciating
the enterprises that are environment sensitive. Certainly,
the demand for green products is on the rise as perception of consumers towards
products and environment is changing.
Send Free SMS Across India
Send Free SMS Across India
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