Part 3
There is a common question that I get asked by businesses
often: What is the purpose in being a green business? Depending upon your type
of business, the answer might vary slightly. However, there is a common reason
why you should be green, regardless of your industry. The reason is that it is
good marketing.
There is money to be made with a generation of people who
value green living as a way of life. The environmental movement has done a very
good job of preaching their beliefs to a generation of young adults that hold
being green as a value. What exactly do I mean when I say that they value being green? My definition of a value is something
that we hold dear as essential to making things right in our lives. If you
tamper with someone’s values, they will become disillusioned with you. It is
different than an attitude.
Attitudes can change often. An example of attitudes would be diet plans. What
makes up a healthy and effective diet? Do you count calories or carbohydrates,
or do you factor in the amount of proteins and dietary fats? How much fiber is
needed for a good diet? What about calcium and B vitamins? Are eggs good for
you or are they at the center of what is wrong with arterial/cardiac disease?
Attitudes change often. Groups may have one attitude towards a product today
that they will not have tomorrow.
Values, on the other hand, are so deeply held that they
change little after we come of age, if ever. For instance, in 2004, Target
stores announced that they were not going to allow the Salvation Army’s Red
Kettle bell ringers outside their stores during the Christmas season. The
not-for-profit had historically received $9 million in donations from Target
customers. The action offended the values of many shoppers, who boycotted
Target. Angry e-mails circulated virally. Internet truth detectors, like
Snopes.com confirmed the rumors were true. On the heels of the Target ban,
Walmart came out with a statement in support of the Red Kettle bell ringers. They
marketed to the values of the offended former Target shoppers. Can you guess
which of the two retailers had more Christmas sales (6 to 1) in 2004?
What I am saying is that green has made the transition from
being an attitude, to being a value with a generational marketplace of young
adults. If you market to them and are not green, you have offended their value
system. There is money to be made when you understand the values of a specific
target market. It is just plain smart business to market your green business to
this generation.
So how do you do this? First, stay clear of the missteps
that can derail your marketing efforts. If you are in an industry that is
highly regulated by local, state and national government environmental
oversight agencies, there is a clear reason to be green. You want to be on the
right side of regulations. If you are written up for not being in compliance
with pollution regulations, it will hurt your image as a company. I don’t care
how well you try to sell yourself in your marketing efforts, if you have a
polluter’s rap hanging on you, it is hard to beat in the collective thinking of
the marketplace. Call it preventive P.R.; it pays to stay clean. If you are in
compliance, tout your green record in your marketing mediums. Know that the
green eyes of a generation are watching you.
Efficiency is in vogue with the green movement. Doing more
with less has been regarded as stinginess by older generations. It has always
been a part of the profitability equation for business, for which management
usually took a hit in the respect-o-meter. However, with the new green movement
and the fact that many young adults, due to the recession, have had to do with
less for the first times in their lives, being efficient in your use of resources
is considered a valuable thing to do.
Make sure your green efforts are being driven by your target
market and not by some environmental 501c(3) organization. Any marketing
decision you make has to be about your ability to produce income in your
business, not the whim of a group disassociated with your business. Let your
target market drive your green maneuvering. Let the people who buy from you
define the green lines in your company. If it is important to your customer, it
should catch your attention. Green marketing should drive sales. If it does
not, take a second look at what you are doing and whom you are trying to
please.
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Wal-Mart Vs. Target by David Ng, Forbes, December 2004
Target Stores Have
Given the Boot to the Salvation Army-Truth!
But There is an Update! Truth or Fiction.com http://www.truthorfiction.com/rumors/r/redkettle.htm
Sally Ann Ban, Snopes.com http://www.snopes.com/inboxer/charity/sallyann.asp