Wk 1 Discussion - Ethical Behavior as a Marketing Strategy Response 8

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Marketing

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Apr 3, 2024

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Wk 1 Discussion - Ethical Behavior as a Marketing Strategy [due Day 3] Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member. Due Day 3 Marketing strategies are used to promote products and services. Many companies have discovered their customers indicate that ethics and social responsibility matter when choosing products. Select 1 company that uses ethical behavior as a marketing strategy. Consider the effect it has on the company. Respond to the following in a minimum of 175 words: How does the company you selected distinguish between social responsibility and ethical and legal issues in their marketing strategy? What is the value to the company of communicating ethical behavior to the public? Due Day 7 Post 2 replies to classmates or your faculty member. Be constructive and professional. Response: JUST Water stays a sustainable water brand. You might assume that water is already sustainable. Just Water was founded in 2015 by Jaden Smith and his parents. Jaden Smith’s JUST Water brand has a broad focus when it comes to social & environmental justice. Being committed to reducing carbon emissions by contributing to recycled materials & investing in infrastructure, using their profits to repair ancient water mains, and redesigning the water business. Another factor of JUST Water’s advertising success continues its pledge to forestry. The paperboard bottles indicate FSC certification & they additionally offer a wealth of information on their site with helpful info graphics and images. In ethical marketing, you must remember the do’s and don’ts. The do’s include being transparent, respecting data privacy, prioritizing the concerns of audience, maximizing the benefits, and minimizing the risks. The don’ts includes not overemphasizing or exaggerating, making incorrect comparisons, making wrong or unverified claims, and exploiting the emotions.
JUST Water has experienced growing success. As of 2024, the company net worth is around $100 million. Revenue is generated the sales, partnerships, and collaborations.
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