We observe today that companies focusing on sustainability tend to outperform their less sustainable competitors. By doing it right, sustainability can create a competitive advantage. The reasons why these companies outperform their competitors are examined in this article, and the tools you need to do the same. Moreover, you will find out more about our Business Design Thinking 2.0 guide, which will improve your understanding of your customers.
Green is the new black. It seems that sustainability is on the minds of every marketer these days, and that's how it should be. Companies are making an increasingly conscious effort to ensure that their processes and offerings are sustainable in light of a new shift in societal relevance. However, despite consumers' appetite for sustainable products & services on the rise, it isn't yet trickling down to their purchases. According to a recent study on the 'elusive green consumer', 65% of respondents said they wanted to buy products that promoted sustainability, yet only 26% did so.
The usage of plastic bags for groceries used to be common back then. But this has changed now. Retailers helped change their consumers' behavior by charging a small fee for plastic bags and making reusable bags easily available at checkout. Discover the many tactics used by companies to shape customers' behavior to become pro-sustainable.
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