Going Green Commercially Part 1 of 4
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Transcript of Going Green Commercially Part 1 of 4
Going Green- Commercially
An overview of what it entails for a company to go “green”
Why go “Green”?
Consumers are no longer ignoring the call to protect the planet
They are also conscious of those facing increasingly poor living conditions
Many consumers are trying to be responsible citizens of the world
They expect the same from companies
Why go “Green”?
Consumers are doing their homework when it comes to purchasing
They checking labels before buying
Research sites for information on businesses and manufacturing practices
Consumers also follow the public’s opinion on specific brands in the news or on social media
Why go “Green”?Stainable Reputations-
In Attracting Top Talent
In Attracting Investors
In Attracting Community Partners
In Attracting Consumer
s
Companies with Strong Reputations Outperform:
Compiled by Author from Source: nielsen.com
Why go “Green”?Key Purchasing Drivers for Consumers-
The products are made by a brand/company that I trust
The product is known for its health & wellness benefits
The product is made from fresh, natural and/or organic ingredients
The product is from a company known for being environmentally friendly
The product is from a company known for its commitment to social value
The product’s packaging is environmentally friendly
The product is from a company known for its commitment to my community
I saw an ad on television about the social and/or environmental good the product’s company is doing
0% 10% 20% 30% 40% 50% 60%
62%
59%
57%
45%
43%
41%
41%
34%
Compiled by Author from Source: nielsen.com
Why go “Green”?ROI-
Consumer brands that demonstrate sustainability outperform those that don’t:
In 2015, sales of consumer goods from sustainably conscious brands have grown more than 4% globally- Ones without grew less than 1%
66% of consumers say they are willing to pay more for sustainable brands- up from 55% in 2014 and 50% in 2013
Why go “Green”?ROI-
Sustainability is playing an significant role in consumer decision making
Commitment to the environment has the power to sway a consumer’s product purchase 45% of the time
Commitment to either social value or the consumer’s community are also important
Each influencing the purchasing decision by 43% and 41%, respectively
Why go “Green”?ROI-
In 2014, 65% of total sales globally were generated by brands actively marketing being socially and/or environmentally conscious
Large global brands that ignored sustainability:
Increased their reputational and business risks
Competitors of all sizes now have an opportunity to build trust with the predominantly young and the socially-conscious consumer
Why go “Green”?Government Incentives- State
California
Minnesota
Texas
Oregon
Washington
0 20 40 60 80 100 120 140 160 180 200
States with the Most number of State Incentives
Compiled by Author from Source: dsireusa.org
Why go “Green”?Government Incentives- State
District of Columbia
North Dakota
Puerto Rico
Kansas
West Virginia
0 2 4 6 8 10 12 14 16 18
States with the Least number of State Incentives
Compiled by Author from Source: dsireusa.org
Contact Us for the Full Presentation:
Mediacontact USA Inc.13575 58TH Street North #160
Clearwater, Fl. 33760
T: 727 538 4112E: [email protected]
www.mediacontactusa.com
Works Cited
N.C. Clean Energy Technology Center. "Database of State Incentives for Renewables & Efficiency." DSIRE, U.S. Department of Energy, www.dsireusa.org/. Accessed 14 Nov. 2016.
The Nielsen Company. "The Sustainability Imperative: New Insights on Consumer Expecteations." GLOBAL SUSTAINABILITY REPORT, Nielsen, Oct. 2015, www.nielsen.com/content/dam/nielsenglobal/dk/docs/global-sustainability-report-oct-2015.pdf. Accessed 14 Nov. 2016.