Title:
Green
marketing as an innovative marketing strategy for creating entry barriers by
MNCs
Background:
Sustainability
has become of higher importance for multinational companies since the beginning
of the 21st century around the globe. For managing this sustainability one
important tool is green marketing; this is an approach by adopting which organizations
seek competitive advantage. However, is it likely that companies deploy green
marketing as an innovative strategy to make it tough for new companies to make
a market entry?
Purpose:
The main and core purpose of this research work is to find out and evaluate how
companies use/can use green marketing as an innovative marketing strategy to
create entry barriers for new entrants.
Delimitations:
This research is delimited to find out and evaluate the work of creating entry
barriers by using green marketing, not to find out the degree of the impact of
green marketing or those barriers on companies or industry. Furthermore in this
research the empirical research only consists of companies from the UK market.
Method:
a
quantitative approach was used and an electronic questionnaire was conducted.
Conclusion:
For well recognized companies to protect their market share and market position
in the market it is crucial to not only focus on the competencies but also
needs to create entry barriers, which can also be done through green marketing.
Further, green companies will be able to create a wide spectrum of barriers for
new entrants; making them difficult to enter the market.
Suggestions
for further research: The further step that needs to be taken
in area of “green marketing as an innovative marketing strategy to create entry
barrier” is to evaluate the possible impact of these barriers that are examined
in this research on companies. It is also essential to do research particularly
industry specific researches for finding out if some barriers are more imperative
for definite industries in specific locations.
Keywords:
environmental
commitment, sustainability, green marketing, entry barriers, green entry
barriers, strategic barriers to entry, and structural barriers to entry.
2.2. ENTRY BARRIERS
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