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Green Marketing


   www.thinkpaydirt.com
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
Capitalizing on “Green”

If you aren’t talking about it, how
 are you going to capitalize on it?




  © 2010 Paydirt, LLC                 3
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
Take Inventory
 What are the sustainable aspects of
  your business?

                         Operations
                                      Products and
 Supply Chain               and
                                        Services
                         Workplace




   © 2010 Paydirt, LLC                               5
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
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
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
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
For More Information:
 jkolling@thinkpaydirt.com
 612.840.5673




           www.thinkpaydirt.com

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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