Entrepreneurial Values, Environmental Marketing and Customer Satisfaction: Conceptualization and Propositions

Entrepreneurial Values, Environmental Marketing and Customer Satisfaction: Conceptualization and Propositions

Sumesh R. Nair (Monash University Sunway Campus, Malaysia) and Nelson Oly Ndubisi (Griffith University, Australia)
DOI: 10.4018/978-1-4666-7357-1.ch029
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Abstract

This chapter attempts to develop a framework of an environmental marketing system that is propositioned to lead to customer satisfaction. A comprehensive and intense environmental marketing system as proposed in the chapter is believed to be the core of a firm's success. However, it is assumed that the success of an environmental marketing system would be impacted by some important factors like environmental education of customers and entrepreneurial traits such as eco-innovation, risk-taking, and perseverance. Therefore, propositions are developed in this chapter in order to demonstrate the relationship between an environmental marketing system and customer satisfaction and also the power of customer education and entrepreneurial traits in moderating the effective functioning of the system.
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Definitions Of Terms

The concept by Kotler and Levy (1969) suggested “societal marketing” an approach in marketing that takes care of social wellbeing of customers and the society. According to Kotler (2006) “The societal marketing concept holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and society’s well-being.” Societal marketing addresses the issues of ethical marketing, social well-being and public interests among other conventional marketing objectives of customer satisfaction and profit maximization. Societal marketing generally emphasizes the importance of a healthy and safer society (Nair, 2004). However, societal marketing is not directly addressing the environmental orientation and well-being of the future generations (Peattie, 1995, Daub & Ergenzinger, 2005). This has lead to the emergence of specific marketing concepts in the early 90s, which has come to be referred as ‘green marketing’ (Charter, 1992; Ottman, 1993), ‘environmental marketing’ (Peattie, 1995; Polonsky, 1995), ‘ecological marketing’ (Apaiwongse, 1994), ‘sustainable marketing’ (Van Dam & Apeldoorn, 1996), and ‘enviropreneurial marketing’(Menon & Menon, 1997). Though most of these concepts are closely related, there are subtle differences in its understanding and applications. The paper adopts the term ‘environmental marketing’ and uses the following two definitions for the purpose of conceptualization in the paper.

Environmental marketing is defined by Peattie (1995) as: “the holistic management process responsible for identifying, anticipating, and satisfying the requirements of the consumers and society, in a profitable and sustainable way.” According to Charter (1992) “greener marketing is a holistic and responsible strategic management process that identifies, anticipates, satisfies and fulfils stakeholder needs, for a reasonable reward, that does not adversely affect human or natural environmental well-being.”

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