Week5Discussion1

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University Of Arizona *

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330

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Marketing

Date

Jan 9, 2024

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docx

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1

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Discussion 1 Week 5 Explain why it is important for companies to demonstrate their social responsibility through sustainability, green marketing, and cause marketing. Companies demonstrating social responsibility through sustainability, green marketing, and cause marketing are essential for several reasons. In the case of Adidas, the emphasis on a long- standing commitment to sustainability not only builds trust with consumers but also aligns with the evolving expectations of approximately 80% of consumers who anticipate scalable sustainable solutions. This commitment gives Adidas a competitive advantage by appealing to environmentally conscious consumers. Additionally, cause marketing, as highlighted in the second article, becomes a crucial aspect of the company-customer relationship, providing a competitive edge and fostering stronger connections. Overall demonstrating social responsibility is not merely a marketing tactic but a reflection of a company's commitment to ethical and responsible practices. Would such efforts make you more or less likely to buy from these brands? Why? I try to be sustainable in my day to day life and try and buy products that are marketed as being green, so yes these efforts definitely make me more likely to buy. I remember as a kid, begging my mom to by the box top products because the class that brought in the most would receive an ice cream party. The box top cause marketing is a great way to sell products buy also support a education by raising money for schools. Kelly Osbourne (2022) mentions this cause in her article stating that the financial impact is evidence that it has worked and they have raised $943,721,240 for schools since 1996. Find an example of a greenwashing or cause washing ad. Include a copy of the ad in your post. I chose the greenwashing ad my Coca-Cola when they advertised their New Coca-Cola Life as a healthier alternative to regular coke because of naturally sourced sweetness. According the sustainable agency, the Coke Life still had 6.6% sugar and is far from being healthy but the green label helps convince consumers that its healthier (Akepa, 2023). Compare the difference between a real commitment and a minimal commitment to social responsibility through green marketing or cause marketing. Companies with a real commitment to green marketing take concrete actions to reduce their environmental footprint. These actions could involve using sustainable materials. adopting energy-efficient practices and minimizing waste in production. Real commitment in cause marketing goes beyond superficial gestures such as charitable causes, active participation in community initiatives and genuine integration of social responsibility into the company's core values. Companies with minimal commitment may engage in superficial green marketing tactics such as simple rebranding without meaningful eco-friendly practices. Minimal commitment of cause marketing may involve symbolic gestures that lack genuine impact such as short-term partnerships without clear contributions to the cause.
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