The fundamental tenet of consumerism revolves around the belief that the burgeoning consumption of goods is favorable for the economy. Since the dawn of the Industrial Revolution, humanity has witnessed an exponential upsurge in consumerism. It has been related both to the increase in the population size as well as an increase in our demands due to constant changes in lifestyle. Multiple sources have corroborated the fact that if this consumption behavior continues unabated, we will soon face an acute shortage of resources of all kinds. Both consumer behavior patterns, such as addictive consumption and conspicuous consumption, can be attributed to this. Amongst the solutions available, ‘Demarketing’ is one. It is a type of marketing when a brand wants to discourage you from buying its product. The paper is descriptive in nature and is based on secondary data, which will be collected from journals, blogs, websites, magazines, books, etc. The paper intends to explore the theme of demarketing vis-à-vis the materialistic purchase behavior of a modern-day consumer and green demarketing strategies that companies are adopting by way of sustainable marketing.
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