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Tuesday, January 14, 2014

Sustainability Marketing Is Green…and More

Written by  Duane Bailey

Sustainability marketing is fast becoming a business best practice.

With its focus on social justice, economic prosperity and environmental protection, sustainability is really all about addressing the needs of people, profits and planet. Sustainability marketing, when done right, is a holistic marketing strategy that enables a brand to do good things for people in the community, make a profit, save people money and reduce environmental footprints.

Yet some brands pursue sustainability strategies with a singular focus on the environment. Their marketing strategy is built around products that are green, a premium pricing strategy for green products, promotional events that bring people together in support of the environment and distribution channels that meet green certifications and standards equivalent to the brand's.

Green marketing is a niche strategy. Its appeal is limited to a targeted segment of the population consisting of active environmental stewards. Sustainability marketing is a broader strategy. With a more holistic focus on people, profits and planet, it is more likely to appeal to a wider, larger group. Millenials, as an example, will have enough buying power to become the largest U.S. consumer group by 2017. The millennial generation understands and values lifestyle choices that enable them to help others, save money and reduce their environmental footprint.

Brands that recognize the big picture and pursue a sustainability marketing strategy are likely to see larger growth opportunities than those that limit themselves to a smaller niche.

For more insights on sustainability marketing, please see:
• Sustainability Marketing: Driving Change with the Right Message
• How Doing One Good Thing Is Making a Difference
• Beyond Green: The Transformative Nature of Sustainability

Duane Bailey

Duane Bailey

Duane Bailey is a regular contributor to The Chief Storyteller® online conversation. He has helped organizations of all sizes drive growth in revenues and market share through the development and delivery of key business messages that resonate with target audiences. He holds an MBA in International Business and a BS in Marketing. He brings 28 years of experience in marketing communications and high technology sales.

Website: www.TheChiefStoryteller.com E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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