Tag Archives: sustainability

Sustaining the sustainability conversation on the shop floor to create rewarding connections

The green agenda is a discussion with consumers that extends beyond the realms of novelty, it’s now the norm for all and standard parlance in any sales demonstration as most consumers will have questions. So what should retailers be doing to appeal to their consumers when they land in your store to purchase a new product and looking to receive a superb customer experience?

It’s also worth remembering that ‘Eco’ extends beyond the simple running costs or energy consumption. Insights specialists Kantar points out that consumers are increasingly making ‘values-based purchases’. More than ever consumers are looking long-term with their purchases looking for environmentally friendly manufacturing, durability, repairability as well as of course efficiency.

Look at the facts as published by 52 Huge and realise the opportunity through a clear sales approach that brings sustainability into the conversation early as Sustainable Products have an overall 17% market share and an opportunity for 32% share of growth. This is evident by the fact that ‘Products’ marketed as sustainable grew 2.7x faster than those that were not and for those who operate an omnichannel retail experience, 75% of sustainable goods sell better online than in-store.

However, when it comes to what matters with your customers, 78% of consumers feel that sustainability is important with 62% of people saying that they “always or often” seek products to purchase because they are sustainable. Of these, 55% of consumers are willing to pay more for eco-friendly brands and 84% of customers say that poor environmental practices will alienate them from a brand or company.

With so many layers to unpack, it’s important that you get the facts from those brands you resell within your store and online. Ask for the details and insist that the brand train your staff in areas of sustainability in relation to the brand ethos and their range. Without the facts as stated by your brands, your sales team can’t qualify questions and sell comfortably to consumers. Work collaboratively, as a team, with your brands to enhance the customer journey and their overall experience.

It’s interesting to note 2023 research from the UK Government and The Behavioural Insights Team, indicated that while 49% of consumers knew where to find energy labels on products in-store, they ‘tended to trust and depend on sales advisors  in store to educate and aid them with energy labels’. However, despite them being introduced in 1994 and updated in 2021, many do not truly understand what they mean. How can it be that this legal requirement by manufacturers and retailers to measure and display on products is compulsory and yet still so few know the true meaning of such ratings. Other research from GFU showed that those aged under 35 were 37% more likely to spend more, increasing for those over 35 to a whopping 53%. Imagine what helping customers understand the ratings better could achieve to enhance the sales journey, enabling an easier process to sell up through a range and in turn potentially and easily increasing your average transaction value.

Other useful areas for discussion with your consumer when assisting the sales journey should look to include the following as highlighted by Utilities One

  • Reduced Energy Consumption: Energy-efficient appliances consume significantly less energy compared to their conventional counterparts. This translates to lower electricity bills and reduced strain on power grids.
  • Environmental Impact: By using less energy, energy-efficient appliances reduce the demand for electricity generated by fossil fuels. This, in turn, lowers greenhouse gas emissions and contributes to combating climate change.
  • Long-Term Savings: While energy-efficient appliances may have a higher upfront cost, their lower energy consumption results in long-term cost savings. Over time, the savings on electricity bills can offset the initial investment.
  • Extended Lifespan: Energy-efficient appliances are often built with higher-quality components, resulting in increased durability and longer lifespans. This reduces the need for frequent replacements and decreases electronic waste.

Complement these tips with brand related facts as supplied to your team by the brands in your range. This level of detail enables the shopper to feel better informed and as a consequence is more likely to buy, as it responds to their sustainability quest and enables them to make informed purchasing decisions.

Your customer should feel that they are talking to a competent and knowledgeable individual that creates trust in the sales process, which in turn elevates not only your sales but also your relationship with your customer. The win-win is obvious for both you and your brand. So do encourage and welcome sales and brand training whenever it is offered, as it really does equip those on the front line to create rewarding connections for all, including your customers, on the shop floor and online.

To read the published article written by Dan Todaro, Managing Director please visit ERT Online

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Fast Foward – AI Will Dominate in 2024

There is one main trend that has taken the world by storm in 2023 and it will only increase and improve its presence and capabilities into 2024. This is for some, the elephant in the room….AI. Contrary to popular belief, AI has actually been around for many years but not as prevalent as it is now, its resurgence has completely changed the game. From writing entire books and songs to being implemented into consumer electronics and domestic appliances to make the products more intelligent. If you take a look at some of the big players in the market you’ll notice more and more are adopting AI, whether this is for energy-efficient washing cycles or improving picture quality on TV, the use cases are becoming less niche and more general. 

2024 will see a huge shift in focus to implementing AI into many products, some that many may find surprising and will no doubt continue to enter every category. It will be used as a selling point, in the context of productivity. As evident with Microsoft who is actively using AI (Copilot) to carry out a plethora of tasks in a matter of minutes that would otherwise be considered either time-consuming or tedious processes. Alongside this, automation will see a rise in 2024, with AI becoming more intelligent and its capabilities increasing, allowing users to automate many more processes and streamline work, in turn making them more productive in a short period of time.

Integrate this capability with artificial intelligence, which helps track patterns in your laundry, cooking, and cleaning routines. This integration allows the AI to seamlessly update the software of your connected appliances, akin to updating apps on your phone or tablet. The AI features enhance efficiency, optimising processes like a more energy-efficient wash cycle that maintains excellent cleaning results through seamless connectivity.

2024 will also see the rise in sustainable technology which we saw becoming a focus in Q4 2023. The front runners of Google and Apple making their products either out of sustainable materials or providing continuous support to their products for years to come in an effort to reduce e-waste. Gone are the days when your phone would have a 3-year life cycle before needing to be replaced.

This scrutiny on sustainability extends to every device and appliance on our person and in your home and AMDEA, I think, explains it best:

“Over the last twenty years AMDEA members have focused on design and new technologies which have dramatically and continuously reduced energy and water consumption of appliances in our homes. With 170 million essential large appliances in the 28 million homes across the UK, the technology in each machine that contributes to mitigating climate change can collectively make a major contribution to carbon neutrality”

Visit https://www.amdea.org.uk/campaigns/sustainability/ for more information

Another trend that will be sought after by many businesses rather than consumers will be cyber security. With more and more companies falling victim to cyber security breaches with countless consumer data being leaked subsequently, 2024 will be the year companies double down and invest. Research has shown that one in two businesses fall victim to a successful cyberattack in the past three years with the cost of these attacks to the industry expected to grow to over $10 trillion by the end of 2024.

In the context of the independent retailer whilst you may think that these trends do not necessarily apply to your business immediately, don’t delay to understand their importance. Generationally the relevance of sustainability is huge as will the shift to AI in the context of improved functionality, ease and sustainability.

AI is our friend, not a foe. It not only helps us magically enhance the photos we take on our smartphones, it helps us save money on our wash cycle and improve our cooking skills and so much more. Get to grips with it and understand it as you won’t be able to avoid the conversation in the context of your range, sales process and customer experience. It’s going to dominate in 2024 and that was evident from IFA and will be again at CES this coming January.

To read the published article written by Dan Todaro, Managing Director please visit ERT Online

Photo by ThisIsEngineering

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