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Green Marketing as the Source of the Competitive Advantage of the Business

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  • Dominika Moravcikova

    (Faculty of Operations and Economics of Transport and Communication, University of Zilina, Univerzitna 1, Zilina 010 26, Slovakia)

  • Anna Krizanova

    (Faculty of Operations and Economics of Transport and Communication, University of Zilina, Univerzitna 1, Zilina 010 26, Slovakia)

  • Jana Kliestikova

    (Faculty of Operations and Economics of Transport and Communication, University of Zilina, Univerzitna 1, Zilina 010 26, Slovakia)

  • Martina Rypakova

    (Dedoles, s. r. o., Za Konickom 14, Pezinok 902 01, Slovakia)

Abstract

In this work we focused on summarizing the principles of green marketing and the concepts related to it. The aim of this contribution was to prove the relationship between the implementation of green marketing principles and sustainable competitive company position on the market. In order to prove the relationship between the implementation of green marketing principles and the competitive market position of companies, we used a multiple regression method to reveal the relationship, despite many variables. This was preceded by a factor analysis that helped us to select the main factors of influence. In order to meet this goal, we have drawn from the surveys conducted by PwC (Bratislava, Slovakia), the Automobile Industry Association and the Slovak Automobile Institute to identify key factors and future expected development in the auto industry supplier segment and our marketing research, conducted from December 2015 to February 2016. Based on the results of marketing surveys, research responses and the study of available resources, we concluded that there is no comprehensive green marketing implementation model linking environmental consumer behavior with a link to the company’s marketing strategy. The contribution could help the Automotive Industry Union to present requirements to the government and help create incentives for the alternative vehicle market, and our findings could be incorporated into the creation of companies’ strategy.

Suggested Citation

  • Dominika Moravcikova & Anna Krizanova & Jana Kliestikova & Martina Rypakova, 2017. "Green Marketing as the Source of the Competitive Advantage of the Business," Sustainability, MDPI, vol. 9(12), pages 1-13, November.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:12:p:2218-:d:120985
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    References listed on IDEAS

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    1. B. S. Choudri & Mahad Baawain & Khalifa Al-Zeidi & Hamood Al-Nofli & Rashid Al-Busaidi & Khalifa Al-Fazari, 2017. "Citizen perception on environmental responsibility of the corporate sector in rural areas," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(6), pages 2565-2576, December.
    2. Wieslawa Caputa, 2015. "Social Relations And Environmental Influence As A Determinant Of Customer Capital," Oeconomia Copernicana, Institute of Economic Research, vol. 6(2), pages 109-128, June.
    3. Papadas, Karolos-Konstantinos & Avlonitis, George J. & Carrigan, Marylyn, 2017. "Green marketing orientation: Conceptualization, scale development and validation," Journal of Business Research, Elsevier, vol. 80(C), pages 236-246.
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