GREEN MARKETING, BRAND DEVELOPMENT AND DIGITAL STRATEGIES: FORGING A SUSTAINABLE FUTURE

Authors

  • Rossana Piccolo University of Teramo, Italy
  • Eva Franca Romeo University of Cassino and Southern Lazio, Italy
  • Siniša Zarić University of Belgrade, Faculty of Economics and Business, Serbia

Keywords:

Green marketing, sustainability, digital marketing, competitive advantage

Abstract

Today, increased environmental awareness is driving companies to adopt green marketing strategies for competitiveness and sustainability. Originally a niche concept, green marketing plays a central role in corporate sustainability, enhancing image, reputation and consumer perception and providing a unique competitive advantage. Green marketing has become a necessity in line with the global interest in sustainable growth and involves the design, promotion, pricing, and distribution of products that support environmental protection. Much research suggests that companies that promote collaborative networks and environmental awareness are more likely to innovate sustainably, while highlighting the critical role of the 'technology push'. Green marketing, environmental management and sustainability strategies are integrated into business innovation, emphasising the responsible use of environmental resources for economic growth. Supported by digital marketing, companies are implementing targeted strategies, maintaining an online presence, using transparent communication through social media and engaging consumers through online channels, collaborating with digital environmental influencers and implementing sustainable SEO strategies. Indeed, the integration of digital marketing is essential for companies that want to meet the expectations of today's sustainability-conscious consumers. These practices aim to increase the impact of green marketing. First introduced by Lazer in 1969, the evolution of green marketing reflects a paradigm shift towards social and environmental responsibility. The green economy emphasises the responsible use of environmental resources and requires companies to adapt to a changing landscape. Combining environmental sustainability and business ethics, green marketing is the key to achieving green innovation and competitive advantage. Today's digital environment enhances the competitive advantage that green marketing can generate, as it promotes greater visibility of the strong link between marketing activities and the environment. Environmental practices have a positive impact on business performance and image, with long-term benefits in line with Porter's hypothesis. The correlation between technology push and eco-innovation highlights the role of innovative technologies in generating positive environmental outcomes. The internal dimensions of sustainability, driven by employees' environmental behaviour, contribute to organisational trust and identification. In conclusion, green marketing is an integral part of corporate strategies in an era that prioritises sustainability, aligns with consumer values and delivers tangible benefits. Integration with digital marketing increases transparency and interaction, creating a powerful combination and a sustainable competitive advantage in the evolving landscape of digital and sustainable marketing.

References

Afiuc, O. (2020, November). QUALITY SIGNAL OF CREDENCE GOODS: A CORPORATE SOCIAL RESPONSIBILITY PERSPECTIVE. In 2020 Global Marketing Conference at Seoul (pp. 1389-1393).

Alhalalmeh, M. I., Almomani, H. M., Altarifi, S., Al-Quran, A. Z., Mohammad, A. A., & Al-Hawary, S. I. (2020). The nexus between corporate social responsibilty and organizational performance in Jordan: The mediating role of organizational commitment and organizational citizenship behavior. Test Engineering and Management, 83(July), 6391-6410.

Ar, I. M. (2012). The impact of green product innovation on firm performance and competitive capability: the moderating role of managerial environmental concern. Procedia-Social and Behavioral Sciences, 62, 854-864.

Chahal, H., Dangwal, R., & Raina, S. (2014). Conceptualisation, development and validation of green marketing orientation (GMO) of SMEs in India: A case of electric sector. Journal of Global Responsibility, 5(2), 312-337.

Cherian, J., & Jacob, J. (2012). Green marketing: A study of consumers’ attitude towards environment friendly products.

Hang, M., Geyer‐Klingeberg, J., & Rathgeber, A. W. (2019). It is merely a matter of time: A meta‐analysis of the causality between environmental performance and financial performance. Business Strategy and the Environment, 28(2), 257-273.

Kautish, P., Paul, J., & Sharma, R. (2019). The moderating influence of environmental consciousness and recycling intentions on green purchase behavior. Journal of Cleaner Production, 228, 1425-1436.

Kotler, P., & Lee, N. (2008). Corporate social responsibility: Doing the most good for your company and your cause. John Wiley & Sons.

Lazer, W. (1969). Marketing's changing social relationships. Journal of Marketing, 33(1), 3-9.

Mahmoud, T. O. (2019). Green marketing: A marketing mix concept. International Journal of Electrical, Electronics and Computers, 4(1), 20-26.

Mukonza, C., & Swarts, I. (2020). The influence of green marketing strategies on business performance and corporate image in the retail sector. Business strategy and the Environment, 29(3), 838-845.

Onditi, A. (2016). Green marketing and consumer satisfaction. Journal of Marketing and Consumer Research, 29, 37-45.

Papadas, K. K., Avlonitis, G. J., & Carrigan, M. (2017). Green marketing orientation: Conceptualization, scale development and validation. Journal of Business Research, 80, 236-246.

Rajadurai, J., ZAHARI, A. R., ESA, E., BATHMANATHAN, V., & ISHAK, N. A. M. (2021). Investigating green marketing orientation practices among green small and medium enterprises. The Journal of Asian Finance, Economics and Business, 8(1), 407-417.

Ramesh, K., Saha, R., Goswami, S., Sekar, & Dahiya, R. (2019). Consumer's response to CSR activities: Mediating role of brand image and brand attitude. Corporate Social Responsibility and Environmental Management, 26(2), 377-387.

Reddy, K. P., Chandu, V., Srilakshmi, S., Thagaram, E., Sahyaja, C., & Osei, B. (2023). Consumers perception on green marketing towards eco-friendly fast moving consumer goods. International Journal of Engineering Business Management, 15, 18479790231170962.

Shaukat, F., & Ming, J. (2022). Green marketing orientation impact on business performance: Case of pharmaceutical industry of Pakistan. Frontiers in psychology, 13, 940278.

Tang, M., Walsh, G., Lerner, D., Fitza, M. A., & Li, Q. (2018). Green innovation, managerial concern and firm performance: An empirical study. Business strategy and the Environment, 27(1), 39-51.

Wang, C. H. (2019). How organizational green culture influences green performance and competitive advantage: The mediating role of green innovation. Journal of Manufacturing Technology Management, 30(4), 666-683.

Yasir, M., Majid, A., & Qudratullah, H. (2020). Promoting environmental performance in manufacturing industry of developing countries through environmental orientation and green business strategies. Journal of Cleaner Production, 275, 123003.

Zameer, H., Shahbaz, M., & Vo, X. V. (2020). Reinforcing poverty alleviation efficiency through technological innovation, globalization, and financial development. Technological Forecasting and Social Change, 161, 120326.

Zubeltzu Jaka, E., Erauskin‐Tolosa, A., & Heras‐Saizarbitoria, I. (2018). Shedding light on the determinants of eco‐innovation: A meta‐analytic study. Business Strategy and the Environment, 27(7), 1093-1103.

Downloads

Published

2024-03-31

How to Cite

Piccolo, R., Franca Romeo, E., & Zarić, S. (2024). GREEN MARKETING, BRAND DEVELOPMENT AND DIGITAL STRATEGIES: FORGING A SUSTAINABLE FUTURE. KNOWLEDGE - International Journal , 63(1), 15–20. Retrieved from https://ikm.mk/ojs/index.php/kij/article/view/6658

Most read articles by the same author(s)

1 2 > >>