Green marketing is a practice that promotes being sustainable in the business world.
According to William D King, it helps develop eco-friendly working lines. Marketing in such a way brings forth a lot of benefits, including higher brand loyalty, new customer pools, and a better name in the market.
However, there are a few downfalls of the practice, especially due to its fairly recent introduction.
So, without further ado, let’s have a look at some of the cons of green marketing.
Cons of Green Marketing by William D King
It Costs More
In comparison to standard marketing methods, green marketing is expensive. This is because it involves a significant shift in how things are normally done in a business setup. Opting for green marketing means making all processes of the production line sustainable, including the process of delivering a service to a customer. However, we can’t deny that this shift comes with short-term expenses that usually eventually become negligible through the returns gained later on.
Marketing yourself as being sustainable means doing it as well. Greenwashing refers to a business not being credible for what it claims. In the case of green marketing, being sustainable.
This is important to maintain the claim of being loyal to the customers. For example, a sense of distrust comes up when a company claims one thing and does another, leading to a bad name in the market and a loss of customers.
According to William D King, if a business markets itself through green marketing, they need to be sure because customers want someone credible when it comes to their values.
Building something from scratch is not easy, but changing something established can be even more challenging. Green marketing requires converting everything to being sustainable, requiring a lot of effort and dedication.
It requires people to be truthful to the new idea and demands passion within the people managing the transformation. After all, being sustainable is not something everyone is a pro at.
When a company turns to green marketing, it changes a lot of its ways, which also requires considerable patience. However, all that patience remains worth the change. At least, that is what William D King says.
William D King‘s Suggestion
Green marketing is not an easy line. According to William D King, it requires a lot of changes. However, truth be told, the benefits of such a business still outweigh the cons.
Green marketing allows for increasing brand loyalty while taking care of the environment and helps support local organic businesses. Despite the high setup costs, the returns remain great. These returns can help companies work towards creating a sustainable outlook. Though the process of gaining certifications might be long, it remains worthwhile. Once all the technicalities are set, the company can go long. All that is required is a bit of patience and hard work.