Marketing Myopia

I just read an article on Green Marketing Myopia, reminded me of an old article that was also referenced in the article - Marketing Myopia by Theodore Levitt (Harvard Business Review, Sep/Oct75, Vol. 53 Issue 5, p26-183, 16p; (AN 3867290))

The classics of innovation discussed by Ted Levitt are timeless. The article elaborates the strategies marketers have applied to avoid marketing myopia - "The Three Cs" -

• Consumer value positioning

• Calibration of consumer knowledge

• Credibility of product claims.

The following nuggets are from the article.

Consumer Value Positioning

• Design environmental products to perform as well as (or better than) alternatives.
• Promote and deliver the consumer-desired value of environmental products and target relevant consumer market segments (e.g., target money savings benefits to cost-conscious consumers).
• Broaden mainstream appeal by bundling (or adding) consumer-desired value into environmental products (such as fixed pricing for subscribers of renewable energy).

Calibrate Consumer Knowledge

• Educate consumers with marketing messages that connect environmental product attributes with desired consumer value (for example, "pesticide-free produce is healthier"; energy-efficiency saves money" or "solar-power is convenient".)
• Frame environmental product attributes as "solutions" for consumer needs, for example, "rechargeable batteries offer longer performance." With indoor air quality a growing concern and fumes from paints, carpets, and furniture now linked to headaches, eye, nose, and throat irritation, dizziness, and fatigue, Sherwin Williams offers "Harmony," a line of interior paints that is low-odor, zero-VOC (Volatile Organic Compound) and silica-free.
• Create engaging and educational Internet sites about environmental products' desired value, e.g., Tide Coldwater's interactive website allows visitors to calculate their likely annual money savings based on their laundry habits, utility source (gas or electricity) and zip code location.

Credibility of Product Claims

• Make sure that environmental product and consumer claims are specific, meaningful, and qualified. Liken to comparable alternatives or likely usage scenarios. Recognizing the ambiguity of the term green, Toyota dismissed a slogan for Prius, "Drive Green, breathe Blue" in favor of "Less gas in. Less gasses out."
• Underscore credibility with product endorsements or eco-certifications from trustworthy third parties, and educate consumers about the meaning behind those endorsements and eco-certifications. More than 40 product categories now bear the Energy Star seal.
• Encourage positive word of mouth via consumers' social and Internet communication networks with compelling, interesting, and/or entertaining information about environmental products. Increasingly, consumers have grown skeptical of commercial messages, and they're turning to friends and peers for advice. The Internet, through e-mail and its vast, accessible repository of information, websites, search engines, blogs, product ratings sites, podcasts, and other digital platforms, has opened significant opportunities for tapping consumers' social and communication networks to diffuse credible "word-of-mouse" (buzz facilitated by the Internet) about green products. The website for Tide's Coldwater Challenge includes a map of the United States so visitors can track and watch their personal influence spread when their friends request a free sample.