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Rise of the Conscious Consumer (Relate Live Sydney)

Jan 22, 2017

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Page 1: Rise of the Conscious Consumer (Relate Live Sydney)

#RelateLive

Page 2: Rise of the Conscious Consumer (Relate Live Sydney)

Tiffany ApczynskiZendesk Vice President, Public Policy and Social Impact

@Tifferatti

Page 3: Rise of the Conscious Consumer (Relate Live Sydney)

#RelateLive

Rise of the Conscious Consumer

Page 4: Rise of the Conscious Consumer (Relate Live Sydney)

Rise of the Conscious Consumer

3 in 5 AustraliansThink more highly of a company that supports worthy causes.

Nielsen 2014 CSR Survey

1/3Buy from socially responsible companies each month.

1 in 2 AustraliansThink when buying a product or service, it is important that the company shows a high level of social responsibility.

Page 5: Rise of the Conscious Consumer (Relate Live Sydney)

LIVE

#RelateLive

History of CSR

Ethical Supply Chain Sustainability Reduce Carbon

Footprint

Page 6: Rise of the Conscious Consumer (Relate Live Sydney)
Page 7: Rise of the Conscious Consumer (Relate Live Sydney)

Rise of the Conscious Consumer

90% 90%

Global consumers are likely to switch brands to one

associated with a good cause (given comparable price and quality)

Consumers more likely to trust a company that

supports social and environmental issues

Consumers more loyal to these kinds of

companies as well

%88

2015 study by Cone Communications

Page 8: Rise of the Conscious Consumer (Relate Live Sydney)

Rise of the Aussie Conscious Consumer

58% %52

2015 and 2013 study by Cone Communications

Would switch brands if a brand/similarly quality product supports a good

cause.

Believe businesses need to do more than

make a profit

Would help promote products and services associated with good

causes

83%

Page 9: Rise of the Conscious Consumer (Relate Live Sydney)

Rise of the Millennial

What millennials buy or where they shop (84%)

Where they work (78%)

Which stocks or mutual funds to invest in (64%)

Which products and services they recommend to people (82%)

}

$2.45 Trillion Dollars

80 Million Millenials

in United States Consumer Spending

the largest percentage of the United States population

323 Million Americans

Cone Research 2015 and Oracle 2010

Page 10: Rise of the Conscious Consumer (Relate Live Sydney)

Rise of the Millennial

Millennials want business to shift its purpose

Not impressed by the buzz around a business

Millennials values do not change as they progress professionally

Millennials desire a values-led culture

} 5.6 Million Millenialsor 23 percent of the Australian population

24 Million Australians

Nielsen 2014 CSR Survey

Page 11: Rise of the Conscious Consumer (Relate Live Sydney)

CSRTrust with Customers

Empathetic Employees

Your Business

Page 12: Rise of the Conscious Consumer (Relate Live Sydney)

It’s Time to Jump In

Page 13: Rise of the Conscious Consumer (Relate Live Sydney)
Page 14: Rise of the Conscious Consumer (Relate Live Sydney)

#RelateLive

Page 15: Rise of the Conscious Consumer (Relate Live Sydney)

#RelateLive

Page 16: Rise of the Conscious Consumer (Relate Live Sydney)

Approaching CSR

Don’t overthink it Programming and missions can evolve over time. The important thing is getting started. 1

2

3

4

Education Don’t go in with all of the answers. Think of CSR as a professional development class.

Be Humble Prioritize the journey not the destination.

Measure Results Dig into existing metrics and see how CSR/empathy is impacting your company.

Page 17: Rise of the Conscious Consumer (Relate Live Sydney)

Global consumers have officially embraced

corporate social responsibility

2015 Cone Communications/ Ebiquity Global CSR Study