In the last wave of expansion of the producer-consumer conversation, the trend was all about “Green.” Green was the future, and we could solve our problems with green materials and sources. Most importantly, consumers wanted it, making it worth significant investments in green-for-its-own-sake.
Well, guess what? Green stuck around, even when its marketing value began not to fade, but to be reevaluated in the light of consumer responses to, principally, the cost of buying green.
But smart companies realized quickly that not all efforts to be “green” were created equally. Reducing the use of unrecyclable plastics led to the reduction in use of recyclable plastics, which led to the lightening of bottles, which reduced materials cost, transportation cost, and led to advances and efficiencies in manufacturing—all of which added up to billions of dollars in gains for consumer products manufacturers who managed to eliminate waste throughout their business, while crowing about their environmental good deeds.
Other initiatives, such as Levi’s use of small amounts of organic cotton in its jeans (saving massive water resources and causing a significant reduction in total fertilizer use, as well as cost), and laundry detergent “concentrates” that pay back enormous dividends in terms of water usage and shipping costs, go either unheralded, or passed over in favor of promoting the utility of the change, rather than peddling the company’s green cred. Waste is, well, a waste… it doesn’t do anyone any good, least of all the producer of the product. So, who needs it?
Apply the same concept to shopper marketing for a moment: Are the things you’re developing, manufacturing, shipping across the nation, installing in stores, and eventually throwing out really worth the investment you’re making in them? Are you putting out POP materials, mailers, and displays that are having the impact you want? What is your return on investment, in terms of your bottom line? Sometimes, the best thing for your company also turns out to be the best thing for the environment. Not only that, but what is the return on your investment with regard to your brand value?
Some time ago, we had the opportunity to evaluate a digital signage program for a specialized retail shoppe at the perimeter of a mass retailer. The client had developed dynamic content for three-screen displays, intending to use three large plasma screens at each location, and asked us to help them evaluate this strategy’s effectiveness in comparison to static signage and single-display strategies.
After the results of hundreds of intercept interviews and thousands of videographic behavioral records were in, it became obvious that, for the purposes of the client, the full-bore, three-screen dynamic display strategy provided certain benefits, but was actually working against them in other respects.
When presented with three-screen displays, ratings of “quality” for the services and products being merchandised went through the roof, with 83% of shoppers stating that the shoppe offered the “highest quality” products and services. This stands in contrast to only 71% of shoppers who were exposed to the static signage program. At the same time, ratings of “best value” dropped, from 80% to only 68%. And this in a store environment that was focused on value-conscious shoppers.
This is what we call the “Sharper Image Effect”: By overdoing it on the merchandising, the client had actually oversold their product. Ratings of expected quality went way up, but ratings of expected value went way down, meaning that the client had overshot their mark with the high-dollar display strategy.
As you might expect, the single-screen option outperformed the three-screen displays in terms of “best value” ratings, and it also outperformed the static displays in terms of “highest quality” ratings. This left the client with a clear direction to take: single-screen displays provided the necessary boost in quality perceptions, without damaging the value perceptions known to be important to the shoppers they wished to reach.
But the real take-home lesson here is the thousands of plasma screens that did not end up in these stores, damaging value perceptions while simultaneously costing millions of dollars in unnecessary manufacturing, transportation, energy, and disposal costs. The end result? Better for the environment, more effective, more efficient, and more profitable. What color do those things all have in common?
(CHM)