Effects of environmental orientation, green marketing mix and social capital on the competitive advantage of real estate developers in Bali

• Published in: Property management 2021-03, Vol.39 (2), p.193-209
• Main Authors: Giantari, I Gusti Ayu Ketut, Sukaatmadja, I Putu Gede
• Format: Article
• Language: English
• Subjects: Climate change; Competition; Competitive advantage; Developers; Environmental impact; Environmental protection; Environmental stewardship; Global warming; Green buildings; Green marketing; Greenhouse gases; Hypothesis testing; Market strategy; Marketing mixes; Pollution; Product development; Raw materials; Social capital; Variables
• ISSN: 0263-7472; 1758-731X
• DOI: 10.1108/PM-01-2020-0005

PurposeTo test and explain about the implementation of the green marketing mix strategy, based on an environmental orientation and social capital in increasing the competitive advantage of the real estate developer or company in Bali.Design/methodology/approachData collected in this study are primary data. Primary data collection is done by survey method using a research instrument in the form of a questionnaire. This research was conducted at real estate development companies in several cities in Bali. The sample unit is a real estate developer in Bali whose scope of operation project is at least 20 hectares, which means the scale of the property business is a middle-class and upper-class company. The unit of analysis is the company developer in Bali, while the respondent is General Manager, CEO or company owner. Data analysis employs inferential statistics of partial least square (PLS).FindingsThe findings in this study indicate that environmental orientation and competitive advantage do not have a significant direct relationship. However, it has an indirect effect through the adoption of a green marketing mix strategy. Thus, the application of the green marketing mix strategy has a positive and significant impact on increasing competitive advantage. Then, environmental orientation has a direct and significant influence on the application of the green marketing mix. Social capital has a positive and significant influence on competitive advantage.Originality/valueThe originality of this study is evident from the effort to deepen the analysis about the Competitive Advantage uses a green marketing mix strategy for real estate developers as a service company. Although there are many studies on EO, the results are still varied so that this becomes something interesting. Thus, in this study the concept of the effect of EO influence was developed on the implementation of the green marketing mix strategy by green property developers.