Green Marketing: Definition, Examples, and Benefits
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Questions and Answers

Who are the LOHAS consumers as mentioned in the text?

  • A population segment supportive of sustainable living (correct)
  • Consumers with no interest in environmental health
  • Consumers who prefer cheap labor products
  • Consumers who prioritize luxury goods over eco-friendly products

What is one reason why green marketing can be profitable despite being more expensive?

  • Lower carbon footprint of locally sourced products (correct)
  • Decreased competition in the green market
  • Increasing demand for eco-friendly products
  • High production costs of green products

What is a key characteristic of LOHAS consumers according to the text?

  • Resistant to influence from other consumers
  • Low educational background
  • Preference for non-eco-friendly products
  • Heavy purchasers of eco-friendly items (correct)

What is one tactic mentioned in the text that can be part of a green marketing strategy?

<p>Using renewable energy and sustainable agriculture practices (B)</p> Signup and view all the answers

What is 'greenwashing' as described in the text?

<p>A practice of deceptive marketing to appear environmentally conscious (B)</p> Signup and view all the answers

What is the main focus of green marketing?

<p>Promoting products that are environmentally friendly (C)</p> Signup and view all the answers

Which of the following is NOT mentioned as a green marketing strategy in the text?

<p>Using non-recyclable product packaging (A)</p> Signup and view all the answers

Why are many valuable companies pursuing green marketing initiatives according to the text?

<p>To capitalize on consumer concern for the environment (A)</p> Signup and view all the answers

How do green marketing practices incorporate sustainability into marketing efforts?

<p>By integrating sustainability principles into product design and messaging (A)</p> Signup and view all the answers

What percentage of consumers cited a brand's sustainability and environmental responsibility as important in their choice of brands in 2020?

<p>More than three quarters of consumers (B)</p> Signup and view all the answers

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