New generations are presenting us with new trends; therefore, it is necessary for brands. to adapt to them, since in this way it is much easier for sales to increase.
One of the main trends Millennials bring is caring for the environment.
In this article we will talk about the importance of sustainable promotional, and how today it can make a big difference for customers to choose your brand and not that of competitors.
According to a Morgan Stanley study, 86% of the millennial generation is interested in sustainable investments.”1
Nowadays, the world is going through major environmental issues, due to various hazards that occur in the environment, that negatively affect our planet.
Stemming from this, there have been changes in consumer behavior, since they start preferring all those products that do not affect health or the environment. As a consequence of this, brands have been given the task of thoroughly understanding this new trend, so that your customers feel more comfortable consuming your products.
“According to the study Trends: Mexican Consumer, Shopper and Retail, prepared by Kantar, 71% of Mexicans look for brands having environmental policies”.2
Currently, ecological marketing has taken new directions that increasingly impact consumers when buying their products, considering their culture of caring for natural resources.
Different companies worldwide have created ecological marketing, campaigns, in order to help reduce the impact on the environment, as well as to generate value added in their products which helps them create awareness in consumers.
Studies reveal that: "The green consumer is willing to pay between 15 and 20% more for ecological products"3 In addition, they prefer those made with biodegradable raw materials and those packed in easily recyclable packaging.
What benefits do I gain as a company by giving sustainable promotional gifts?
1. Contributes to reducing the environmental impact:
By using sustainable items as a means of promotion, you promote lower environmental impact. This impact can be easily noticed both in the use of raw materials and in the manufacturing process.
2. A quality alternative at a lower price:
Today, manufacturers of sustainable promotional products have managed to manufacture products at a lower cost, thanks to the increasing demand for products.
3. Improves the image and worth of your company:
Sustainable promotional items are a great tool to show your customers and associates your commitment to the environment. This will also help you obtain acknowledgements and /or certifications that identify you as a Socially Responsible Company (ESR).
As a Socially Responsible Company you can look forward to having various acknowledgements and certifications for your company that will boost your prestige in a very significant way.
According to research from the Massachusetts Institute of Technology (MIT), “37% of companies report sustainability benefits and up to one in two companies has adapted their business model to take advantage of sustainability opportunities.”4
Conclusion:
More and more consumers are paying attention to your brand leaving a positive footprint on the planet and, in most cases, they are willing to pay more.
We invite you to study this trend more in depth and that way, you will have more loyal consumers.
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