GREEN MARKETING: STRATEGY FOR GAINING SUSTAINABLE COMPETITIVE ADVANTAGE IN INDUSTRY 4.0

Authors

  • Ika Purwanti STIE KH. Akhmad Dahlan Lamongan
  • Muhammad Dzikri Abadi STIE KH. Akhmad Dahlan Lamongan
  • Umar Yeni Suyanto STIE KH. Akhmad Dahlan Lamongan

DOI:

https://doi.org/10.22219/jmb.v9i2.10039

Keywords:

green marketing, green marketing mix, green marketing strategy, sustainable competitive advantage

Abstract

This study would like to explains conceptual green marketing and its role as a source sustainable competitive advantage in industrial revolution 4.0. The environmental issue is a sizzling topic nowadays as almost every country’s government and society has started to be more aware of these issues. Plus, there is currently a phenomenon of industrial revolution 4.0 which demands business practices to be more consumer-oriented. Public concern over environmental damage has made marketers know the needs and value of environmentally friendly marketing, namely green marketing. which is a new strength to create a sustainable competitive advantage. This study is a library research gathering and analyzing information from related references and theories, which have become the basic foundation and sources in analyzing problems in this research. This study seeks to offer Green Marketing ideas as the latest approach in dealing with various business threats. The results show that green marketing able to encourage companies to prepare themselves faster and better, the definition of green marketing has changed over time according to the growing relevance of environmental sustainability.

 

Downloads

Download data is not yet available.

References

Aaker, D.A. (1996) Measuring Brand Equity across Products and Markets. California Management Review, 38, 102-120.

Arseculeratne, D., & Yazdanifard, R. (2013). How Green Marketing Can Create a Sustainable Competitive Advantage for a Business. International Business Research, 7(1).

Asha’Ari,M.J., Daud,S.(2017). The effect of green growth strategy on corporate sustainability performance. Adv. Sci. Lett., 23, 8668–8674

Assauri, S. (2016). Strategic Management Sustainable Competitive Advantages. PT Raja Grafindo Persada. Jakarta.

Bachanová, P., Corejová, T., & Rostášová, M. (2009). The green issues of postal industry in Europe. 901–905.

Barney, J. (1991) Firm Resources and Sustained Competitive Advantage. Journal of Management, 17, 99-120.

Barney. J.B dan Clark, D.N. (2007). Resource-Based Theory: Creating and Sustaining Competitive Advantage. Oxford University Press. Oxford.

Barney, J. B., & Hesterly, W. S. (2006). Strategic Management and Competitive Advantage: Concepts and Cases. Pearson: Harlow.

Bharadwaj, S.G., Varadarajan, P.R., Fahy, J. (1993). Sustainable Competitive Advantage in Service Industries: A Conceptual Model and Research Propositions. Journal of Marketing 57: 83-9.

Chen, Y. S. (2010). The Driver of Green Brand Equity: Green Brand Image, Green Statisfaction, and Green Trust. Journal of Business Ethics 9 (3): pp: 307-319.

Chen, Y. S., & Chang, C. H. (2012). Enhance green purchase intentions: The roles of green perceived value, green perceived risk, and green trust. Journal of Management Decision, 50(3), 502–520.

Choudhury, D.P. (2018). Sustainability Management. Zorba Books, India.

Choudri, B. S., Baawain, M., Al-Zeidi, K., Al-Nofli, H., Al-Busaidi, R., & Al-Fazari, K. (2016). Citizen perception on environmental responsibility of the corporate sector in rural areas. Environment, Development and Sustainability, 1-12.

Crassous, T., & Gassmann, J. (2012). Gaining Competitive Advantage Through Green Marketing: How green marketing is used as a competitive advantage?

David, F.R. (2009). Manajemen Strategis. Salemba Empat: Jakarta.

Dangelico, R. M., & Vocalelli, D. (2017). “Green Marketing”: An analysis of definitions, strategy steps, and tools through a

systematic review of the literature. Journal of Cleaner Production, 165, 1263–1279.

Dirisu, J. I., Iyiola, O., & Ibidunni, O. S. (2013). Product Differentiation: A tool of competitive advantage and optimal organizational performance (A study of Unilever Nigeria PLC). European Scientific Journal, 9(34), 258–281.

D’souza, C., Mehdi, T., Sullivan-Mort, G. (2013). Environmentally Motivated Actions Influencing Perceptions of Environmental Corporate Reputation. Journal of Strategic Management, 21, 541-555.

Gaikwad, A., and Ingavale, D. (2011). A Study of Consumer Awareness for Green Marketing. National conference on Business strategies for Emerging Markets.

Ginsberg, J. M., & Bloom, P. N. (2004). Choosing the right green marketing strategy: green marketing has not fulfilled its initial promise, but companies can take a more effective approach if they realize that a one-size-fits-all strategy does not exist. MIT Sloan Management Review, 46(1), 79+.

Gopaldas, A. (2015). Creating firm, customer, and societal value: Toward a theory of positive marketing. Journal of Business Research, 68(12), 2446–2451. https://doi.org/10.1016/j.jbusres.2015.06.031

Grant, J. (2007). The green marketing manifesto. Chichester: John Wiley & Sons. Available online at

Grant, J. (2008). Green Marketing. Strategic Direction, 24 (6). Pp. 25 – 27.

Handoko, T. H., Indarti, N., dan Almahendra, R. (2012). Manajemen dalam Berbagai Perspektif. Penerbit Erlangga. Jakarta.

Harizan, S. H., Afezah, W., & Abdul, W. (2017). Spirituality of Green Purchase Behavior : Does Religious Segmentation Matter ? Spirituality of Green Purchase Behavior : Does Religious Segmentation Matter ? October.

Hörisch, J., Freeman, R. E., & Schaltegger, S. (2014). Organization & Environment. https://doi.org/10.1177/1086026614535786

Istantia, S., Kumadji, S., & Hidayat, K. (2016). Pengaruh Green Marketing Terhadap Citra Merek Dan Keputusan Pembelian (Survei pada Pengguna Produk Ramah Lingkungan Lampu Philips LED di Perum Kepanjen Permai 1, RW 4, Desa Talangagung, Kec. Kepanjen, Malang, Jawa Timur). Jurnal Administrasi Bisnis S1 Universitas Brawijaya, 32(1), 174–182.

Kak, A., & Sushil, H. (2002). Sustainable competitive advantage with core competencies: A review. Global Journal of flexible systems management, 3(4), 23-38.

Kals, E., Schumacher, D., Montada, L. 1999. Emotional Affinity toward Motivation Basis to Protect Nature. Environmental Behaviour, 31, 178-202.

Kinoti, M. W. (2011). Green marketing intervention strategies and sustainable development: A conceptual paper. International Journal of Business and Social Science, pg2(23)

Kotler, P. and Amstrong, G. (2014). Principles of Marketing, 12th Edition, Jilid 1 Terjemahan Bob Sabran Jakarta : Erlangga.

Kotler, P. and Keller, K.L. (2012). Marketing Management, Edisi 14, New Jersey: Prentice-Hall Published.

Kuncoro, W., & Suriani, W. O. (2018). Achieving sustainable competitive advantage through product innovation and market driving. Asia Pacific Management Review, 23(3), 186–192.

Laheri, V. K., Dangi, H., & Vohra, A. (2014). Green Marketing: Development of Construct and Its Evolution. Asia-Pacific Journal of Management Research and Innovation, 10(2), 147–155.

Laroche, M., Bergeron, J. and Barbaro‐Forleo, G. (2001). Targeting consumers who are willing to pay more for environmentally friendly products. Journal of Consumer Marketing, Vol. 18 No. 6, pp. 503-520. https://doi.org/10.1108/EUM0000000006155

Lasi, H., Fettke, P., Kemper, H.G., Feld, T. dan Hoffmann, M. (2014). Industry 4.0. Business & Information Systems Engineering, 6(4). Pp. 239.

Lee, J., Lapira, E., Bagheri, B., dan Kao, H., (2013). Recent Advances and Trends in Predictive Manufacturing Systems in Big Data Environment. Manuf. Lett, 1 (1). Pp. 38–41.

Lohmann, S., Lacerda, D. P., Camargo, L. F. R. & Dresch, A. (2019). Operations strategy and analysis of competitive criteria: a case study of a food business. Gestão & Produção,

Madhani, P. (2010). Resource Based View (RBV) of Competitive Advantage: An Overview. … BASED VIEW: CONCEPTS AND PRACTICES, Pankaj …, March 2010. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1578704

Mahdi, O. R., & Almsafir, M. K. (2014). The Role of Strategic Leadership in Building Sustainable Competitive Advantage in the Academic Environment. Procedia - Social and Behavioral Sciences, 129, 289–296. https://doi.org/10.1016/j.sbspro.2014.03.679

Maury,B. (2018). Sustainable competitive advantage and profitability persistence: Sources versus outcomes for assessing advantage, Journal of Business Research, 84, 100-113.

Mishra, P., Sharma, P. (2012). Green Marketing: Challenges and Opportunities for Business. Journal of Marketing Communication, 8, 35-41.

Moravcikova, D., Krizanova, A., Kliestikova, J., & Rypakova, M. (2017). Green marketing as the source of the competitive advantage of the business. Sustainability (Switzerland), 9(12), 1–13. https://doi.org/10.3390/su9122218

Movanita, A. N. K. (2018). Menteri Susi: Stop Penggunaan Sedotan Plastik. https://surabaya.kompas.com/read/2018/11/16/160000326/menteri-susi--stop-penggunaan-sedotan-plastik

Nandini, B. (2016). Green Marketing a Way to Sustainable Development. Anveshana’s International Journal Research in Regional Studies, Law, Social Sciences, Journalism and Management, 1 (1), 20-26.

Nayyar, S. (2016). Sustainable consumption and the Fourth Industrial Revolution. https://www.makingitmagazine.net/?p=9926

Nyilasy, G., & Gangadharbatla, H. (2015). How to reach green consumers on the internet ? Digital and social media strategies for addressing the environmentally conscious. March

Oliver Müller, Maria Fay & Jan vom Brocke (2018) The Effect of Big Data and Analytics on Firm Performance: An Econometric Analysis Considering Industry Characteristics, Journal of Management Information Systems, 35:2, 488-509, DOI: 10.1080/07421222.2018.1451955

Osman, A., Othman, Y. H., Salahudin, S. N., & Abdullah, M. S. (2016). The Awareness and Implementation of Green Concepts in Marketing Mix: A Case of Malaysia. Procedia Economics and Finance, 35(October 2015), 428–433.

Ottman, J.A. (1993). Green Marketing: Challenges and Opportunities. NTC Business Books, Chicago.

Papadas, K. K., Avlonitis, G. J., Carrigan, M., & Piha, L. (2019). The interplay of strategic and internal green marketing orientation on competitive advantage. Journal of Business Research, 104(July), 632–643. https://doi.org/10.1016/j.jbusres.2018.07.009

Pappas, I. O., Mikalef, P., Giannakos, M. N., Krogstie, J., & Lekakos, G. (2018). Big data and business analytics ecosystems: paving the way towards digital transformation and sustainable societies. Information Systems and E-Business Management, 16(3), 479–491.

Peattie, K. (2001). Towards Sustainability: The Third Age of Green Marketing. The Marketing Review, 2(2), 129–146. doi:10.1362/1469347012569869

Peattie, K., & Crane, A. (2005). Green marketing: Legend, myth, farce or prophesy? Qualitative Market Research: An International Journal, 8(4), 357–370. https://doi.org/10.1108/13522750510619733

Prahalad, C.K. dan Hamel, G. (1990). The Core Competence of The Corporation. Harvard Business Review. pp.1-4.

Purwanti, I., Noermijati., & Rahayu, M. (2017). Pengaruh Rare Resources terhadap Keunggulan Bersaing dan Kinerja Usaha. MIX: Jurnal Ilmiah Manajemen, 7 (3), 484-497.

Purwanti, I., & . Muah. (2019). Pengaruh Intangible Asset Terhadap Kinerja Keuangan Dengan Keunggulan Bersaing Sebagai Mediasi. Mix: Jurnal Ilmiah Manajemen, 9(1), 72.

Pratiwi, P. I. (2018). Kurangi Sampah Plastik, Restoran di California Batasi Penggunaan Sedotan Plastik. https://kbr.id/intermezzo/09-2018/kurangi_sampah_plastik__restoran_di_california_batasi_penggunaan_sedotan_plastik/97374.html

Qurniawati, R. S. (2017). Theoritical Review: Teori Pemasaran Hijau. Among Marketing, 10(20), 73–84.

Rex, E., Baumann, H. (2007). Beyond Eco Labels: What Green Marketing Can Learn from Conventional Marketing?. Journal of Clean. Prod, 15, 567-576.

Sabre, M. E., & Siglo, U. (2014). Green advertising in Argentina . An analysis of environmental claims in TV ads. 27–38. https://doi.org/10.7764/cdi.34.54

Saxena, R. & Khandelwal, P. K. (2010).

Sustainable development through green marketing: The industry perspective, The International Journal of Environmental, Cultural, Economic and Social Sustainability, 6 (6), 59-79.

Schmuck, D., Matthes, J., Naderer, B., & Beaufort, M. (2018). The Effects of Environmental Brand Attributes and Nature Imagery in Green Advertising The Effects of Environmental Brand Attributes and Nature Imagery in Green Advertising. 4032. https://doi.org/10.1080/17524032.2017.1308401

Sharma, S., & Sharma, P. (2019). Organizational Drivers of Corporate Environmental Sustainability Strategy. In Patient Capital: The Role of Family Firms in Sustainable Business (Organizations and the Natural Environment, pp. 98-149). Cambridge: Cambridge University Press. doi:10.1017/9781316402528.004

Singh, S. (2012). Green Marketing: Challenges and Strategy in The Changing Scenario. International Journal of Advanced Research in Management and Social Sciences, 1 (6). www.garph.co.uk.

Wahab, S. (2018). Sustaining the Environment Through Green Marketing. 7(2), 71–77.

Downloads

Published

2019-10-31

Issue

Section

Articles