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Showing posts with label values. Show all posts
Showing posts with label values. Show all posts

Thursday, June 29, 2023

What the Little Prince teaches us about marketing

 







There is a kind of disconnect is very common in all kinds of businesses in which the sellers fail to see things from the customer's eyes and project their own tastes and values on others. It doesn't occur to them that other people have their own calculus and that features and benefits they go on and on about may not matter to them at all.


In chapter 23 of The Little Prince, we get the perfect illustration of the misalignment between the value proposition of a product and what the customer actually wants in the interaction between the prince and a merchant he meets on his travels:
.

"This was a merchant who sold pills that had been invented to quench thirst. You need only swallow one pill a week, and you would feel no need for anything to drink.

"'Why are you selling those?' asked the little prince.

"'Because they save a tremendous amount of time,' said the merchant. "'Computations have been made by experts. With these pills, you save fifty-three minutes in every week.'"

"'And what do I do with those fifty-three minutes?'"

"'Anything you like..."

"'As for me,' said the little prince to himself, 'if had fifty-three minutes to spend as I liked, I should walk at my leisure toward a spring of fresh water.'"

This is highly relevant in an age in which marketers have convinced businesses that they have to espouse causes to push on their customers. M.T. Fletcher debunked this effectively in a June 2023 AdAge article entitled Why Brands need to stop 'purpose' pandering:

Politics and purpose are not the same, rarely mix well, and yet marketers continue to wade into social issues they are unable to navigate. Some seem wholly dismissive of their own band DNA, which might explain why today's advertising seems so disposable.

 

We said this more than a year ago after a major study by the Brunswick Group demonstrated that most CEOs felt their brand needed to take a stand on social issues, while less than third of consumers wanted to see politics in marketing --roughly the opposite of what every agency was telling its clients at that time. Just because some major brands got away with it, and in a few cases hit all the right notes, doe not mean my toothpaste has any credibility in telling me which cause to support or when to feel outraged or guilty. It's stressful enough being told I have to floss everyday.



Read more examples here.

Wednesday, August 17, 2022

Sustainable Loyalty: Reaping the Rewards of Reduce, Reuse, Recycle

 “It’s not easy being green,” a fact that Kermit has bemoaned. But for brands that do it well, it can foster greater customer loyalty.


Brands jump on the circularity bandwagon


Circularity is the name of the game of keeping products in use rather than throwing them out. For the clothing market that means avoiding the wastefulness of  fast fashion in favor of clothing that endures for many uses and that applies sustainable practices in production and recycling. 


The online consignment shop, thredUP,  shifted the paradigm of thrift shopping from trawling through racks in-store to scrolling through options on your phone or PC. In addition to making buying pre-owned clothing that much more convenient, it branded it as not just economical but socially responsible, as it explained on a blog post:


Here’s the facts:

-Fashion will drain a quarter of the world’s carbon budget by 2050.

-26 billion pounds of textiles are dumped into global landfills each year.

-A single T-shirt takes 700 gallons of water to produce.

Here’s what we can do:

-Consume less.

-Reuse more.

-Choose used.


Over the years, thredUp has partnered with popular brands that gain a halo effect from participating in the resale market due to its green cred. Brands like Adidas are even using their partnership with it to launch their own Give Back initiative xclusively on their own branded app. 


Clothing for a better future


One of the brands to embrace sustainable standards for clothing is Primark. In the Primark Cares section of its website, it details its commitment to reduce its carbon footprint in production and increase the longevity of its clothing. 


As Primark explained in  Love Your Clothes, Love Your World:

When it comes to fashion, durability — how long a product lasts — really matters. It’s not just about getting better value for money by keeping your clothes longer, it’s about improving our impact on the planet so there’s less waste.”


For proof of progress, Primark said it would be working with WRAP and will follow a "’Target, Measure, Act’ approach, where businesses set targets, measure their impact and track progress, both on an individual basis and towards national targets” for the UK.

,Primark already uses recycled or sustainably sourced materials in 25% of its clothing lines. It has pledged to increase that to all its product lines by 2030. 

The brand’s CEO, Paul Marchant was quoted i the ncorporate pledge,, saying. “ Our ambition is to offer customers the affordable prices they know and love us for, but with products that are made in a way that is better for the planet and the people who make them. We know that’s what our customers, and our colleagues, want and expect from us.”


Gaining by losing a million pounds


It’s not just the clothing industry that is concerned with going green. The beauty industry has also woken up to the imperative to reduce waste..


 One way to make it happen is by cutting out unnecessary packaging. That’s what e.l.f. recently announced in sending out an email with the subject line, “e.l.f is committed to sustainability.”


It promised that it was shedding unnecessary waste in its packaging. “Say Goodbye to 1,000,000 Pounds of Packaging” was the way it phrased it, and it illustrated that point with an image and a gif.

 

There’s a double advantage to reducing excess waste from packaging. Of course, it generates less waste of paper and plastic. But also the lighter weight means greater efficiency in transportation and fuel consumption. 


Finding new approaches to make clothing and beauty products more sustainable is a win-win. One win for the planet and another win for brand loyalty. That's why it’s a good bet that  we will see many more brands communicating their pledges to improve their environmental impact.  



Related:
Don't just aim for different
Visualizing the customer journey
What makes content marketing effective
What the Little Prince teaches us about marketing





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