How to Make Consumer Loyalty Part of Your Business Sustainability Strategy

Friday, July 30, 2010 by Julie Urlaub
image: growthDoes your product or service sell on its sustainability credentials alone?  Does your company embody business sustainability concepts that today’s consumers demand ?  Our sustainability consulting clients tell us that repeat business is one of the most important aspects of their survival.  We hear more and more that company loyalty, brand loyalty, product loyalty are all essential to business sustainability.

Developing and delivering commercially successful products and services that build customer loyalty can be a challenge in today’s dynamic consumer market.  To do this, we find companies:

•    Shifting sustainability from a cost add-on to a consumer value driver.
•    Integrating sustainability concepts directly into product and service development.
•    Responsibly delivering sustainable product to market that consumers appreciate.

Stepping it up a notch, companies on the leading edge recognize consumer preferences are constantly changing, and they are tapping into that knowledge.  Unlike their predecessors, the ‘now’ generation of companies can no longer work in a strategy bubble. 

To be sustainable, businesses must develop a dynamic and engaging business model to capture stakeholder interests.  Common business sustainability strategies might include:

•    Active dialog with stakeholders on sustainability issues
•    End user discussions on product or business sustainability actions.
•    Reverse marketing to suppliers to improve materials and business processes within product supply chains.

In today’s business climate, the availability of sustainable options seems to be growing exponentially, yet consumers are becoming more educated and refined in their preferences.  Some companies are beginning to realize there is a diminishing return in simple ‘green’ marketing.  To succeed and step beyond the competition, our sustainability consulting is helping companies engage in new ways  to drive desired business sustainability action.

Interested in learning more?  Let us hear from you!

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