Steady consumer demand and the rapid growth of green industries, makes sustainable business very appealing. Sustainable strategies and best practice are an increasingly important part of basic business planning. Those businesses that showed leadership in the early years are reaping the benefits. The companies that broke into the green market first are now leading the Dow Jones Sustainability Index. Today green is not just about adding cache, it is increasingly a matter of survival. Using less energy per unit of output, reducing waste, and using less water are all part of efficiency efforts that decrease costs and contribute to the...
Read moreDetailsThe market for environmentally-friendly products has never been better and the demand has never been stronger. According to Mintel International,“the green marketplace is one of the fastest growing, most dynamic sectors of the US economy.” The market is huge and getting bigger. In 2007 there were already 36 million Americans spending more than a quarter trillion dollars per year on green products and services. The Chicago Tribune reported that 36 million consumers, or 12 percent of the US population, “happily” embraced the green market in 2007. That same year, the green market was estimated at 230 billion, The number of...
Read moreDetailsPepsi is using cause marketing to improve their brand awareness in a declining market. Consumers are moving away from sugary, carbonated beverages to a diverse array of healthier alternatives. Pepsi and Coke have been vying for the $60 billion soft drink market for decades. Although Coke and Pepsi own major stakes in non-cola beverages, slowing sales, especially in North America, have forced both companies to seek new ways to generate profits and advertise their brands. Through its Refresh campaign, Pepsi has established itself as a leading presence in cause marketing in 2010. Pepsi has created videos with high production values....
Read moreDetailsEnergy efficiency represents the most expedient approach to reducing energy consumption and C02 emissions. According to the International Energy Agency (IEA), one dollar invested in more efficient electrical equipment avoids more than 2 dollars in investment in electricity supply. Manufacturers of LEDs (light emitting diodes) are producing lighting that is environmentally friendlier and considerably more energy efficient than traditional lighting products. The potential savings from LEDs are truly remarkable as approximately 12.5 percent of global electricity production is used for lighting. To help investors see the value of renewable energy, The Green Market followed the progress of Solar, Wind, and...
Read moreDetailsA bubble is defined as "the phenomenon of rising share prices amid a mood of general euphoria, leading to a 'bursting' and a reversal of the prices and the mood." According to the Conservative publication The New Republic, the Green bubble has already burst. In an article subtitled "why environmentalism keeps imploding" they appear to blame educated liberals, Fortune 500 companies, and even arch conservative Newt Gingrich for having the audacity to demand action on global warming. By way of supporting their claim, they cite a Pew Research Center poll which found that between January 2008 and January 2009, the...
Read moreDetailsMobile devices represent an important new marketing channel. Increasing mobile penetration worldwide has led many in the marketing industry to believe that 2008 is the year of mobile. According to a Cisco study, mobile devices are quickly joining physical stores, websites, and catalogs as an important fourth channel for retail growth. According to Don Knox, global vice president at ad:tech Expositions, “Mobile continues to pique the interest of marketers and advertisers as it matures and the devices mature in the U.S...marketers are seeing the benefits of relying on mobile to reach consumers...Everyone seems to sense that we’re on the verge...
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