What is sustainable marketing?
Sustainable marketing is a holistic approach to promoting products or services that emphasizes ethical and responsible business practices. It goes beyond traditional marketing by considering and including the environmental and social impacts of every decision, from product development to communication strategies. This approach aligns with the triple bottom line concept—people, planet, and profit.
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The 5 Key Principles of Sustainable Marketing, by De Castro Group
We advocate for ethical sourcing and production methods. As Philip Kotler notes in his book “Marketing 4.0,” consumers are increasingly concerned about the ethical practices of the brands they support. By ensuring that products are sourced and produced ethically, businesses can build trust and loyalty.
John Elkington, the originator of the triple bottom line concept, emphasizes the importance of transparency. Sustainable marketing involves clear communication about a brand’s values, sourcing methods, and environmental impact. Authenticity builds credibility, fostering stronger connections with conscious consumers.
Amy Zell Ellsworth, in her work “The Conscious Consumer: Promoting Economic Justice Through Fair Trade,” emphasizes the importance of community engagement. Sustainable marketing involves actively participating in and contributing to local communities, fostering social responsibility.
David A. Aaker, recognized expert in branding, argues in “Brand Relevance: Making Competitors Irrelevant” that environmental responsibility is becoming a key factor in brand relevance. Sustainable marketing prioritizes eco-friendly practices, reducing a brand’s ecological footprint.
Sustainable marketing focuses on creating long-term value for both the business and society. Kotler and Keller, in “Marketing Management,” discuss the importance of building strong customer relationships and creating shared value. Sustainable practices contribute to the overall well-being of communities and ecosystems.