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Selling Sustainability


 "Not tested on animals only on rascals," if you have come across these lines, trust me you have a beard or you desperately wanted to grow one. Ustraa is an Indian brand, offering a wide range of grooming products for men. They use these lines to reflect the brand is free from animal testing. Kudos to the brand for taking such an initiative but don’t you feel that, this has an appealing factor to the customers?

A study by First Insight titled, “The State of Consumer Spending: Gen Z Shoppers Demand Sustainable Retail,” indicates that 62 percent of Generation Z, prefer to buy from sustainable brands.

Now, how do we define sustainability? I would define that with an Image.

This a Japanese toilet that lets you save water with the simple logic of using wastewater in flush tanks. I wonder how many liters of water can be saved worldwide in a single day with this Idea. 

In simple words, I would describe sustainability as using resources in a way that does not lead to their depletion and finding the best methods to least affect the ecosystem.

The primary motive of a business is to generate profit, so when we associate anything with it, we have to look at the profitability aspect. As a matter of fact, a plastic use and throw cup will cost you less than the paper one or a paper bag will cost you more than its plastic counterpart. It indicates that using a sustainable process or product will increase the overall cost of the product.

If you are a business owner, will you spend those extra bucks on your product? Or will you sell your product at a higher rate? No business will actually try to increase the cost of their product or decrease their profit margin for the sake of the environment. But I would suggest you do that because research from the New York University Center for Sustainable Business indicates that 50 percent of sales growth among consumer-packaged goods between 2013 and 2018 came from sustainability-marketed products. 

Selling a sustainable product will not only help in improving your brand image among the customers but will also help in attracting customers. That is the main reason behind the brands trying to project their products as sustainable or environmentally friendly. This gives us a term called “green marketing.” Green marketing can be defined as a way of marketing your product or service based on environmental sustainability.   

Apple launched its new MacBook Air and MacBook Mini in 2019, announcing that these products were created by using 100% recycled aluminum. “Truly Innovative products leave their mark on the world but not on the planet,” was this year’s slogan. What hits your mind when you come across such marketing campaigns? Isn’t it more appealing and creates more credibility for the brand? When a brand reflects its commitment towards the environment, it creates a sense of goodwill and credibility for the brand. Nielsen survey for retail purchase statistics indicates, brands that promoted acting sustainability through their marketing saw a sales increase of 5%.

Sustainability is the future of business and brands that fail to recognize this trend, will eventually be thrown out of the market by the consumers. What can be more satisfying for a business to increase its market share while contributing towards a better tomorrow? 

“We are the first generation to feel the impact of climate change and the last to be able to do anything about it.” These lines of Barack Obama are really striking and make us think really hard about our role in saving the Earth. Maybe we are not superheroes from a marvel comic but still, we can do our bit. Next time when you walk into a store, look for sustainable products. Even if you pay a bit more, trust me, that’s far less than the price we will have to pay in the future for our environment. 

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