IFPA partnered with Kantar to identify six growth opportunities for the floral industry to increase sales.
6 GROWTH AREAS FOR FLORAL:
- Blossoming Everywhere
- Flower Power
- Experience Ambassadors
- Augmented Arrangements
- Flowers for All
- Sustainable Stems
Sustainable Stems:
As consumers look to make informed purchases based on social and environmental impact, the floral industry can leverage engaging storytelling to offer greater transparency into sustainable practices while building industry-wide climate resilience.
Gen Z is reinterpreting and redefining what sustainability means. Gen Z views sustainability as an existential issue and one that goes beyond just the environment and climate to include things like labor and equity. It is expected that brands have a positive impact on the world through things like regenerative agriculture and the circular economy.
There is an opportunity to tell a bigger, broader story about sustainability. 81% of Gen Z and 82% of Millennials agree it’s important that the companies they buy from are clear about their values. 66% of Gen Z are willing to pay more for a product if it’s tied to having a positive impact on society.
Sustainable marketing involves promoting products that are designed as environmentally or socially conscious and/or conveying corporate or brand values and commitments to sustainability.
Sustainable Marketing Strategies
(Ballantine and Kemper at Penn State)
Doing Less Bad- promote sustainable products based on 3 attributes:
- production conditions - how products are made, e.g., safe working conditions
- product characteristics - what the product contains and what it does, e.g., cleans the air
- exposures and risks - how product use affects people and the environment, e.g., creates joy
Doing More Good – promote sustainable lifestyles by shifting messaging:
- from individual ownership to sharing or renting e.g., plants and flowers for public
consumption and given a gifts - from customer focus to external stakeholder focus e.g., plants and flowers improve the workplace, school, etc.
- from sales orientation to an education orientation e.g., educate on the power of plants and flowers and sustainable lifestyles
Doing Different - promote sustainable systems and institutions, in addition to lifestyles and products. Promote and support social enterprises that disrupt product and consumption models as a profitable way of addressing social and environmental issues. Think Patagonia’s Don’t Buy This Jacket marketing campaign encouraging consumer to consume less.
Sustainable Marketing Tips
- Have a larger purpose
- Be consumer oriented
- Be authentic and consistent
- Place value ahead of profit
- Educate your audience
- Reflect sustainability in every aspect of your brand
Getting started:
It is best to concentrate on three to five strategic priorities to maximize impact of your sustainability marketing plan. (McKinsey) Here are some initiatives you may want to consider:
Energy: How much energy is used? Can you use less or adopt clean alternative sources?
Water: How much water is used and/or wasted? How can you conserve water?
Waste: What waste is produced and where does it come from? How can you reduce waste and prevent pollution?
Products & Packaging: Do your products use sustainably sourced and eco-friendly materials? How does producing your products impact the environment? Is your packaging safe for people and the planet?
Supply Chain: Are your suppliers environmentally and socially responsible? Are you sourcing products from the closest source? Are there areas to improve supply chain efficiency?
Transportation: What vehicles do you use for distribution and operations?
Community: Do you support our local communities and farms? Do you get involved in
environmental causes, events, and associations?
Employees: Do you offer employee training in sustainability? Are you creating a green culture?
Do you communicate policies company-wide?
What's Driving This?
VALUES-BASED CONSUMERISM
RISE OF ETHICAL PRODUCTS & BRANDS
CIRCULAR ECONOMY
CLIMATE-CONSCIOUS LIFESTYLES
DEMANDS FOR TRANSPARENCY & ACCOUNTABILITY
GEN Z ATTENTION TO SUSTAINABILITY