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Ben & Jerry’s: Eco-Green Marketing

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Presentation on theme: "Ben & Jerry’s: Eco-Green Marketing"— Presentation transcript:

1 Ben & Jerry’s: Eco-Green Marketing
Mktg 600 Dr. Carter Sarayut Trakulroong (JUI) Cheng-Hsien Tsai (Vincent) Silver Arias Neeraj Rama Zachary Blackhurst

2 A little history… 1978: Ben & Jerry open their first homemade ice cream shop 1983: Contribute ice cream used in the “world largest ice cream sundae” 27,102lbs!!! 1985: Ben & Jerry foundation is established 1988: Receive Corp. giving Award from Council on Economic Priorities / establish 1% for peace non-profit 1991: Ben & Jerry’s Circus bus hits the streets 1994: Search for a new CEO 1998: Un-bleached “Eco-pint” released 2000: Acquired by Unilever

3 Ben & Jerry’s: Eco-Green Marketing
Mktg 600 Dr. Carter Sarayut Trakulroong (JUI) Cheng-Hsien Tsai (Vincent) Silver Arias Neeraj Rama Zachary Blackhurst

4 Ben & Jerry’s eco/green value
CERES Principles Green Team Eco/ green Ben & Jerry’s scoop shops Values-Led Sourcing

5 Values-Led Sourcing Criteria for Ben & Jerry’s suppliers
Environmental commitments Social vision Third party certifications

6 Eco/green advantage Good for environment Create a better reputation
Build loyalty relationship with customers

7 Relationship marketing
Relationship marketing concept will fit with Ben & Jerry Long-term focus Quality of interactions Importance of internal marketing to marketing plan success

8 Ben and Jerry’s Market Segmentation: Broad to Narrow
* Segment 1 – Education * Segment 2 – Loyalty Status * Segment 3 – Life Style

9 Target Market – LOHAS consumers Lifestyles of Health and Sustainability
Based on the new segmentation, the LOHAS consumer comprises 16 percent of all U.S. adults in 2006 (nearly 35 million people) LOHAS consumers are interested in products covering a range of market sectors and sub-sectors, including: Green building supplies, socially responsible investing and "green stocks", alternative healthcare, organic clothing and food, personal development media, yoga and other fitness products, eco-tourism and more.

10 LOHAS Characteristics
Show tremendous leadership in their attitudes towards the environment, society and socially responsible businesses Less price sensitive More brand loyalty Have influence over friends and family More educated More Socially Conscious

11 Assessing the LOHAS Segment Attractiveness Scoring Key: 5 = Highly Attractive, 4 = moderately attractive, 3 = Average, 2 = Moderately Unattractive, 1 = Highly Unattractive Score for Segment Growth Score for Competitive Superiority Score for fit with Resources, core competencies Score for Economic, Technological Factors Score for Environmental Threats Overall Score Segment 1 4 3 17 Segment 2 5 19 Segment 3 20 Segment 4 (LOHAS) 21

12 Differentiated Marketing Strategy
We will target an immensely diverse group of segments with individual marketing mixes of people: People who want to give to charitable causes People who want to be socially responsible People who want organic foods People who enjoy quality ice cream

13 Differentiated Marketing Strategy
Use DMS by: Collaborating with charitable organizations Online marketing with socially responsible organizations Promote “Points for Pints” on packaging Promote “Green Clean Ice Cream”

14 Compound Annual Growth
Ben and Jerry’s Competitive Advantage % of LOHAS consumers stating the following are very important in product purchase decisions* % LOHAS 2003 % LOHAS 2005 Compound Annual Growth Food & Beverage Contains soy 7% 14% +100% Organically grown 25% 40% +63% No artificial colors 31% 47% >+50% Locally grown 24% 34% +20% Gives to charitable causes 21% 33% +23% No genetically modified ingredients 38% 53% +21% Recyclable packaging 35% 56% Fair Trade certified ingredients 27% Trans-fats 36% 48%

15 Competitive Advantage
Use meaningful differentiation by promoting: “Green Clean Ice Cream” recyclable packaging give to charitable causes, socially responsible all ingredients are locally grown our new ice cream flavors are organically grown ingredients

16 “Green Clean Ice Cream”
Mission Statement Striving to achieve social responsibility by collaborating our products, practices, and values to create the best ice cream and earth. “Green Clean Ice Cream”

17 Market Direction Maintenance
Sustain our current revenue and market share Wring short-term profits from the products and markets Prepare for future growth

18 Marketing Objectives Introducing the “pints for points program”
Introduce three new ice cream flavors Increase renewable energy use in plants to 50% Increasing traffic to website by 10% in the next year Maintain unit sales within 2 % of the last year’s amount

19 Marketing support Customer service Maintain our high reputation
Customers come first Sharing opinions through our website Building the customer relation Customer service before the sale

20 Marketing Performance & Implementation Control
Schedules: Gantt Charts Strategic Controls: Quarterly Marketing Audits Net Promoter Score

21 The P’s Great Taste Strong Values Above and beyond services
Total Eco-Green Sustainable operation

22 The P’s Green from the inner most shell to the outside layers for our product Perfect Correlation for the LOHAS Community.

23 Promotion Target Lohas.com to get the members of the Lohas community aware of our product and our practices. Use Google to search out the websites where socially conscience consumers visit.

24 Possible Promotions

25 Promotions Label each container with a eco green symbol
Symbol will be focused on healing the world

26

27 A new Motto Nike has “Just Do It” McDonalds has “I am Lovin It”
American Express has “Don’t leave home with out it” Kay Jewelers- Every kiss begins with Kay Ben and Jerry’s……

28 Green, Clean, Sweat Tasting Ice Cream


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