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Green marketing
1.
Green Marketing
www.thinkpaydirt.com
2.
What is Sustainability? Meeting
present needs without compromising the ability of future generations to meet their own needs. Triple Bottom Line Social, Environmental, Economic People, Planet, Profits © 2010 Paydirt, LLC 2
3.
Capitalizing on “Green” If
you aren’t talking about it, how are you going to capitalize on it? © 2010 Paydirt, LLC 3
4.
Charting a Course
Overall business and branding strategy Do your customers care about environmental stewardship? Do your business partners care? Do your employees care? Industry trends Competitor trends Materiality © 2010 Paydirt, LLC 4
5.
Take Inventory What
are the sustainable aspects of your business? Operations Products and Supply Chain and Services Workplace © 2010 Paydirt, LLC 5
6.
Transparency “Almost all companies
are saying that they are environmentally- friendly, and it’s hard to know who’s telling the truth.” - Diane MacEachern, author of the Big Green Purse Combine story-telling with quantitative metrics Sustainability is a journey, not a destination Share the good with the not-so-good Third-party certifications © 2010 Paydirt, LLC 6
7.
Greenwashing The act of
misleading customers regarding the environmental practices of a company or the environmental benefits of a product or service. – Definition from TerraChoice “Sins of Greenwashing” No proof Irrelevance Lesser of two evils Vagueness Hidden trade-offs © 2010 Paydirt, LLC 7
8.
Speak Their Language “Market
research shows that women are more likely than men to choose brands that align with their values – even if it means paying a little bit more. Socially and environmentally responsible businesses that extend this halo effect through their marketing efforts to women stand to gain enormously.” - Lisa Witter, Fenton Chief Strategy Officer Meaningful examples Put things in relatable terms Make it personal © 2010 Paydirt, LLC 8
9.
Engage in a
Dialogue Listen and act 75% of consumers want the opportunity to voice their Utilize social media opinion to a company about its social/environmental practices and products. Invite participation – - Cone 2010 Shared customers, vendors Responsibility Study and employees © 2010 Paydirt, LLC 9
10.
For More Information:
jkolling@thinkpaydirt.com 612.840.5673 www.thinkpaydirt.com
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