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Lecture Principles of Marketing - Chapter 20: Sustainable marketing social responsibility and ethics

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This chapter presents the following content: Sustainable marketing, social criticisms of marketing, consumer actions to promote sustainable marketing, business actions toward sustainable marketing, marketing ethics, the sustainable company.

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i t ’s good  and  good for you

Chapter Twenty

Sustainable Marketing Social Responsibility and

Ethics

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Sustainable Marketing Social Responsibility and Ethics

• Sustainable Marketing

• Social Criticisms of Marketing

• Consumer Actions to Promote Sustainable Marketing

• Business Actions Toward Sustainable Marketing

• Marketing Ethics

• The Sustainable Company

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Meeting needs of consumers while preserving the ability of future generations to meet their needs

Sustainable Marketing

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Social Criticisms of Marketing

Consumers

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Social Criticisms of Marketing

Marketing’s Impact on Individual

Consumers High Cost of Distribution

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Social Criticisms of Marketing

Complaint: Companies use deceptive practices that lead customers to believe they will get more value than they actually do

These practices fall into three categories:

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Social Criticisms of Marketing

Response:

Support Legislation to protect consumers from

deceptive practices Make lines clear—Is it deception, alluring, or

puffery that is just an exaggeration for effect?

• Products that are harmful

• Products that provide little benefit

• Products that are not made well

Consumers

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Social Criticisms of Marketing

High-Pressure Selling

Consumers

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Social Criticisms of Marketing

Shoddy, Harmful, or Unsafe Products

Consumers

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Social Criticisms of Marketing

Planned Obsolescence

• Marketing’s Impact on Individual Consumers

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Social Criticisms of Marketing

Poor Service to Disadvantaged Consumers

• Marketing’s Impact on Individual Consumers

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Social Criticisms of Marketing

Whole

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Social Criticisms of Marketing

False Wants and Too Much Materialism

Whole

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Social Criticisms of Marketing

Too Few Social Goods

Whole

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Social Criticisms of Marketing

Cultural Pollution

Whole

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Social Criticisms of Marketing

Businesses

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Consumer Actions to Promote

Sustainable Marketing

Consumerism is the organized

movement of citizens and government

agencies to improve the rights and power

of buyers in relation to sellers

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Consumer Actions to Promote

Sustainable Marketing

Traditional buyers’ rights include:

• The right not to buy a product that is offered for sale

• The right to expect the product to be safe

• The right to expect the product to perform

as claimed

• Comparing these rights, many believe that the balance of power lies on the seller’s side

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Consumer Actions to Promote

Sustainable Marketing

Advocates call for:

• The right to be well informed about important

aspects of the product

• The right to be protected against questionable

products and marketing practices

• The right to influence products and marketing

practices in ways that will improve the “quality

of life”

• The right to consume now in a way that will

preserve the world for future generations of consumers

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Consumer Actions to Promote

Sustainable Marketing

Environmentalism is an organized

movement of concerned citizens, businesses, and government agencies to protect and improve people’s living

environment

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Consumer Actions to Promote

Sustainable Marketing

profits while helping to save the planet

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Consumer Actions to Promote

Sustainable Marketing

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Consumer Actions to Promote

Sustainable Marketing

Pollution prevention involves not just

cleaning up waste but also eliminating or minimizing waste before it is created

Product stewardship involves minimizing

the pollution from production and all environmental impact throughout the full product life cycle

Design for environment (DFE) involves

thinking ahead to design products that are easier to recover, reuse, or recycle

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Consumer Actions to Promote

Sustainable Marketing

New clean technologies involve

looking ahead and planning new technologies for competitive

advantage

Sustainability vision is a guide to the

future that shows the company that the company’s products, process, and policies must evolve and what is needed to get there

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Sustainable Marketing

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Business Actions Toward Sustainable

Marketing

Principles

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Business Actions Toward Sustainable Marketing

consumer's point of view

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Business Actions Toward Sustainable Marketing

marketing

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Business Actions Toward Sustainable Marketing

marketing improvements

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Business Actions Toward Sustainable Marketing

rather than narrow product terms

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Business Actions Toward Sustainable Marketing

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Business Actions Toward Socially Responsible Marketing

Corporate marketing ethics are broad

guidelines that everyone in the organization must follow that cover distributor relations, advertising

standards, customer service, pricing, product development, and general

ethical standards

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Business Actions Toward Socially Responsible Marketing

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Business Actions Toward Socially Responsible Marketing

today’s customers and has concern for tomorrow’s customers and the broader world

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