Exercises · Q1
Q.What is green marketing? State any three reasons for its growth.
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✓ Free question
Green marketing is the process of marketing a product or service on the basis of real environmental benefits, either in the product itself (biodegradable, energy-efficient, organic) or in how it is produced and distributed.
Three reasons for its growth:
- Growing consumer environmental awareness — customers increasingly prefer products that do less environmental harm, creating genuine market demand.
- Government regulation — laws restricting polluting processes or harmful packaging force firms to adopt and then market cleaner alternatives.
- Competitive pressure — once some firms in an industry successfully market green products, rivals often follow to avoid losing environmentally conscious customers.
✓Final answer
Green marketing markets genuine environmental benefit; it has grown due to consumer awareness, government regulation, and competitive pressure (cost savings from cleaner processes is a fourth acceptable reason).
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