Sustainable Marketing: Integrating Green Marketing Practices into Marketing Strategy

Authors

  • Kadar Nurjaman Universitas Islam Negeri Sunan Gunung Djati Bandung, Indonesia

DOI:

https://doi.org/10.54783/influencejournal.v6i2.232

Abstract

This study aims to explore the impact of Green Marketing practices on the financial performance of companies in Indonesia, focusing on variables such as Environmental Practices, Consumer Knowledge, and Company Commitment. The research method used involves quantitative analysis by collecting data through questionnaires distributed to managers and staff in the banking sector. The data obtained were then analyzed using descriptive and inferential statistical techniques, including validity, reliability, and direct effect hypothesis testing. The results of the study indicate that Company Commitment has the most significant influence on Financial Impact, followed by Environmental Practices. Although Consumer Knowledge does not show a significant direct effect, the application of digital technology and funding of green projects generally contribute positively to financial results. This study also identified that the integration of environmentally friendly practices can improve operational efficiency and brand reputation, as well as meet the demands of consumers who are increasingly concerned about environmental issues. These findings provide strategic guidance for companies to optimize sustainable marketing practices and achieve long-term benefits.

References

Arseculeratne, D., & Yazdanifard, R. (2014). How green marketing can create a sustainable competitive advantage for a business. International Business Research, 7(1), 130.

Bagdare, S. (2018). Marketing communications for sustainable consumption: A conceptual framework. International Journal of Marketing & Business Communication, 7(4), 45–49.

Bhaskar, H. L. (2013). Green marketing: A tool for sustainable development. Available at SSRN 2739324.

Braik, A., Saleh, Y., & Jaaron, A. A. M. (2023). Green marketing practices and organizational sustainable performance in developing countries context: an empirical study. Journal of Foodservice Business Research, 1–41.

Brindley, C., & Oxborrow, L. (2014). Aligning the sustainable supply chain to green marketing needs: A case study. Industrial Marketing Management, 43(1), 45–55.

Chandran, C., & Bhattacharya, P. (2021). Hotel’s best practices as strategic drivers for environmental sustainability and green marketing. In Consumer Behaviour in Hospitality and Tourism (pp. 66–81). Routledge.

Chebeň, J., Lančarič, D., Savov, R., Tóth, M., & Tlučhoř, J. (2015). Towards sustainable marketing: Strategy in Slovak companies. Amfiteatru Economic Journal, 17(40), 855–871.

Chou, S.-F., Horng, J.-S., Liu, C.-H. S., & Lin, J.-Y. (2020). Identifying the critical factors of customer behavior: An integration perspective of marketing strategy and components of attitudes. Journal of Retailing and Consumer Services, 55, 102113.

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.

de Oliveira Lima, L. A., dos Santos, A. F., Nunes, M. M., da Silva, I. B., da Silva Gomes, V. M. M., de Oliveira Busto, M., de Oliveira, M. A. M. L., & do Nascimento João, B. (2024). Sustainable Management Practices: Green Marketing as A Source for Organizational Competitive Advantage. Revista de Gestão Social e Ambiental, 18(4).

Dief, M. El, & Font, X. (2010). The determinants of hotels’ marketing managers’ green marketing behaviour. Journal of Sustainable Tourism, 18(2), 157–174.

D’Souza, C., Taghian, M., Sullivan-Mort, G., & Gilmore, A. (2015). An evaluation of the role of green marketing and a firm’s internal practices for environmental sustainability. Journal of Strategic Marketing, 23(7), 600–615.

Erciş, A., & Türk, B. (2017). Developing sustainable marketing strategy. Studies on Sustainability Research. Saarbrücken: Lambert Academic Publishing, 1, 24.

Fuchs, P., Raulino, C., Conceicao, D., Neiva, S., de Amorim, W. S., Soares, T. C., de Lima, M. A., De Lima, C. R. M., Soares, J. C., & de Andrade, J. B. S. O. (2020). Promoting sustainable development in higher education institutions: the use of the balanced scorecard as a strategic management system in support of green marketing. International Journal of Sustainability in Higher Education, 21(7), 1477–1505.

FuiYeng, W., & Yazdanifard, R. (2015). Green marketing: A study of consumers’ buying behavior in relation to green products. Global Journal of Management and Business Research: E Marketing, 15(5), 16–23.

García-Salirrosas, E. E., & Rondon-Eusebio, R. F. (2022). Green marketing practices related to key variables of consumer purchasing behavior. Sustainability, 14(14), 8499.

Gelderman, C. J., Schijns, J., Lambrechts, W., & Vijgen, S. (2021). Green marketing as an environmental practice: The impact on green satisfaction and green loyalty in a business‐to‐business context. Business Strategy and the Environment, 30(4), 2061–2076.

Ho, C.-Y., Tsai, B.-H., Chen, C.-S., & Lu, M.-T. (2021). Exploring green marketing orientations toward sustainability the hospitality industry in the COVID-19 pandemic. Sustainability, 13(8), 4348.

Jusuf, D. I. (2022). Sustainable Marketing: Integrating Environmental Aspects in Corporate Marketing Plans. Jurnal Info Sains: Informatika Dan Sains, 12(02), 85–90.

Khalid, A. (2023). Sustainable Marketing and its Impact on Society: A Study of Marketing Strategies and Opportunities Promoting Eco-Friendly Lifestyle. Available at SSRN 4570227.

Kumar, P. (2015). Green marketing innovations in small Indian firms. World Journal of Entrepreneurship, Management and Sustainable Development, 11(3), 176–190.

Kumar, P. (2016). State of green marketing research over 25 years (1990-2014) literature survey and classification. Marketing Intelligence & Planning, 34(1), 137–158.

Kumar, P., & Ghodeswar, B. (2015). Green marketing mix: A review of literature and direction for future research. International Journal of Asian Business and Information Management (IJABIM), 6(3), 42–59.

Kumari, A. (2024). Transforming Business for a Sustainable Future Using Green Marketing. Multidisciplinary Approach to Information Technology in Library and Information Science, 132–150.

Kushwaha, B. P., Kaur, G., Singh, N., & Sharma, A. (2022). Integrating employees, customers and technology to build an effective sustainable marketing strategy. International Journal of Sustainable Society, 14(4), 310–322.

Lučić, A. (2020). Measuring sustainable marketing orientation—Scale development process. Sustainability, 12(5), 1734.

Mishra, P., & Sharma, P. (2014). Green marketing: Challenges and opportunities for business. BVIMR Management Edge, 7(1).

Nath, P., & Siepong, A. (2022). Green marketing capability: A configuration approach towards sustainable development. Journal of Cleaner Production, 354, 131727.

Ottman, J. (2017). The new rules of green marketing: Strategies, tools, and inspiration for sustainable branding. Routledge.

Pandey, D., Kumari, S., Shrivastava, P., & Rai, U. K. (2012). Sustainable marketing practices: A potential strategy for sustainable development in emerging economies. Emerging Marketing Paradigms Published by Excel India Publishers, New Delhi, 417–423.

Papadas, K.-K., Avlonitis, G. J., & Carrigan, M. (2017). Green marketing orientation: Conceptualization, scale development and validation. Journal of Business Research, 80, 236–246.

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, 632–643.

Park, J. Y., Perumal, S. V., Sanyal, S., Ah Nguyen, B., Ray, S., Krishnan, R., Narasimhaiah, R., & Thangam, D. (2022). Sustainable marketing strategies as an essential tool of business. American Journal of Economics and Sociology, 81(2), 359–379.

Perera, C. R., & Hewege, C. R. (2016). Integrating sustainability education into international marketing curricula. International Journal of Sustainability in Higher Education, 17(1), 123–148.

Rahman, S. U., & Nguyen‐Viet, B. (2023). Towards sustainable development: Coupling green marketing strategies and consumer perceptions in addressing greenwashing. Business Strategy and the Environment, 32(4), 2420–2433.

Rathore, B. (2017). Aligning Profitability and Environmental Responsibility: A Study on Sustainable Marketing Strategies. Eduzone: International Peer Reviewed/Refereed Multidisciplinary Journal, 6(2), 7–15.

Rudawska, E. (2018). From sustainable market orientation to sustainability marketing. In The sustainable marketing concept in European SMEs: Insights from the food & drink industry (pp. 53–79). Emerald Publishing Limited.

Sangvikar, B., Pawar, A., Kolte, A., Mainkar, A., & Sawant, P. (2019). How does green marketing influence consumers? the market trend examination towords environmentally sustainable products in emerging Indian cities. International Journal of Recent Technology and Engineering, 8(3S), 561–571.

Sheth, J. N., & Parvatiyar, A. (2021). Sustainable marketing: Market-driving, not market-driven. Journal of Macromarketing, 41(1), 150–165.

Smith, K. T., & Brower, T. R. (2012). Longitudinal study of green marketing strategies that influence Millennials. Journal of Strategic Marketing, 20(6), 535–551.

Solaiman, M., Osman, A., & Halim, M. (2015). Green marketing: A marketing mix point of view. International Journal of Business and Technopreneurship, 5(1), 87–98.

Tripathi, S., & Sharma, D. (2023). Green marketing: sustainable strategies for success. In Climate Change Management and Social Innovations for Sustainable Global Organization (pp. 76–92). IGI Global.

Downloads

Published

04-08-2024

How to Cite

Nurjaman, K. (2024). Sustainable Marketing: Integrating Green Marketing Practices into Marketing Strategy. INFLUENCE: INTERNATIONAL JOURNAL OF SCIENCE REVIEW, 6(2), 71–89. https://doi.org/10.54783/influencejournal.v6i2.232