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   Addresses environmental issues through product
    design and innovation.
   significant attention from customers, industries, and
    governments around the world.
    Originally proposed at the American Marketing
    Association first conference on ecological marketing in
    1975

   Businesses view the global environmental problems as
    business opportunities.
   Successful businesses not only meet the world's
    needs, but anticipate them.
   Delivering eco-friendly, market-leading products is a
    key driver in today’s competitive environment.
   strategy to achieve cost savings through energy and
    waste reduction.
   It offer a competitive advantage to their brands .
 Increasing demand for oil and natural gas
 Increasing effects of climate change
 Lack of access to clean water
 Industrialization
 Usage of natural resources
 Delivering eco-friendly, market leading
  products
 Adoption of the software, Invention

  Machine Gold fire to drive their green
  initiative
 Green product development and energy

  programs
 Addressing emission and waste control
   Sample projects:
   Magnet created Siphon Flush. The toilet valve can save more than 11 million
    gallons of wasted water a day. Magnet credits Goldfire with accelerating time-to-
    market by 30 percent, cutting development costs by 65 percent. And, the Siphon
    Flush has 50 percent fewer parts than traditional toilet valves, making it eco-
    friendly.
   A $10B convenient foods company discovered corn-oil replacement.
   Shell developed next generation bio-fuel production methods leveraging sea
    algae.
   Leggett & Platt patented and developed a Semi-fold Box Spring that delivers
    Green impact to logistics (small compact units, when folded, are easier to ship
    resulting in more units per shipment, lower transportation costs, and a lower
    carbon footprint).
   JohnsonDiversey, a $3 billion specialty cleaning solutions company, is
    responding to the market’s demand for sustainable offerings is by using
    Invention Machine’s innovation software. One such offering at JonsonDiversey
    resulted in a sustainable and biodegradable intelligent dispensing system that
    generated tens of millions of dollars in revenue and continues to drive double
    digits growth over the last five years.
 Reduce / Reuse Green House Gases
  (GHG)
 Reduce Energy Consumption
 Reuse Resources
 Use Eco-Friendly Materials
 Reduce Product Size & Weight
 Save Scarce Resources like Water
   Promote good indoor air quality
    Durability, and low maintenance requirements
   Incorporate recycled content (post-consumer and/or post-industrial)
   They are made using natural and renewable resources
   Low "embodied energy" (the energy required to produce and transport
    materials)
   Do not contain CFCs, HCFCs or other ozone depleting substances
   Do not contain highly toxic compounds, and their production does not
    result in highly toxic by-products
    Obtained from local resources and manufacturers
   For wood or bio-based products, they employ "Sustainable Harvesting"
    practices
   Can be easily reused
   Can be readily recycled
   Biodegradable.
Left: Recycled cotton/polyester         Latex paint can be sent to a paint
insulation and cellulose insulation     recycler and reprocessed into quality
are viable alternatives to hazardous    paints.
fibreglass insulation.
                                       Sustainably harvested wood flooring
 Incorporates a broad range of activities, including
  product modification, changes of the production
  process, packaging changes, as well as modifying
  advertising.
 Environmental protection and resource

  conservation.
 Balance in division of responsibility
 Green marketing came into prominence in the late

  1980s and early 1990s.
 The green products still lag the
  conventional products in every category.
 Psychological factors

 Price

 Poor positioning and distribution
  better understand consumer and market
  dynamics
 get the value proposition right

 enhance your green credibility to improve

  brand image  
 optimize the marketing mix  

 have realistic expectations
   Sustainability through energy management,
    environmental compliance , Lead and other hazardous
    substance free products, effluent control, waste
    management and recycling .
   The increasing political and social demand for a more
    sustainable society-affecting the way products need to
    be designed, manufactured, used and also disposed off.
   Driving sustainability by leveraging PLM for driving
    GREEN.
   Confusion in the marketplace.
   Marketers sometimes take advantage of this confusion,
    and purposely make false or exaggerated "green"
    claims- Green washing.
   According to market researcher Mintel, about 12% of
    the U.S. population can be identified as True Greens,
    68% as Light Greens.
   In 1989, 67 percent of Americans stated that they
    were willing to pay 5-10 percent more for ecologically
    compatible products.
   1991, environmentally conscious individuals were
    willing to pay between 15-20 percent more for green
    products.
   2009, agreed to pay up to 40 percent more for a
    product which had been proven to be green.
   Environmental appeals are actually growing in number–the
    Energy Star label, for example, now appears on 11,000
    different companies'[ models in 38 product categories, from
    washing machines and light bulbs to skyscrapers and homes.
   The growing popularity of green building programs- increase
    demand for green products.
   Despite the growth in the number of green products, green
    marketing is on the decline as the primary sales pitch for
    products.
   A high percentage of consumers (42%) feel that environmental
    products don’t work as well as conventional ones.
   New reports, however show a growing trend towards green
    products.

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15938 3 green product development ppt

  • 1.
  • 2. Addresses environmental issues through product design and innovation.  significant attention from customers, industries, and governments around the world.  Originally proposed at the American Marketing Association first conference on ecological marketing in 1975  Businesses view the global environmental problems as business opportunities.  Successful businesses not only meet the world's needs, but anticipate them.  Delivering eco-friendly, market-leading products is a key driver in today’s competitive environment.  strategy to achieve cost savings through energy and waste reduction.  It offer a competitive advantage to their brands .
  • 3.  Increasing demand for oil and natural gas  Increasing effects of climate change  Lack of access to clean water  Industrialization  Usage of natural resources
  • 4.  Delivering eco-friendly, market leading products  Adoption of the software, Invention Machine Gold fire to drive their green initiative  Green product development and energy programs  Addressing emission and waste control
  • 5. Sample projects:  Magnet created Siphon Flush. The toilet valve can save more than 11 million gallons of wasted water a day. Magnet credits Goldfire with accelerating time-to- market by 30 percent, cutting development costs by 65 percent. And, the Siphon Flush has 50 percent fewer parts than traditional toilet valves, making it eco- friendly.  A $10B convenient foods company discovered corn-oil replacement.  Shell developed next generation bio-fuel production methods leveraging sea algae.  Leggett & Platt patented and developed a Semi-fold Box Spring that delivers Green impact to logistics (small compact units, when folded, are easier to ship resulting in more units per shipment, lower transportation costs, and a lower carbon footprint).  JohnsonDiversey, a $3 billion specialty cleaning solutions company, is responding to the market’s demand for sustainable offerings is by using Invention Machine’s innovation software. One such offering at JonsonDiversey resulted in a sustainable and biodegradable intelligent dispensing system that generated tens of millions of dollars in revenue and continues to drive double digits growth over the last five years.
  • 6.  Reduce / Reuse Green House Gases (GHG)  Reduce Energy Consumption  Reuse Resources  Use Eco-Friendly Materials  Reduce Product Size & Weight  Save Scarce Resources like Water
  • 7. Promote good indoor air quality  Durability, and low maintenance requirements  Incorporate recycled content (post-consumer and/or post-industrial)  They are made using natural and renewable resources  Low "embodied energy" (the energy required to produce and transport materials)  Do not contain CFCs, HCFCs or other ozone depleting substances  Do not contain highly toxic compounds, and their production does not result in highly toxic by-products  Obtained from local resources and manufacturers  For wood or bio-based products, they employ "Sustainable Harvesting" practices  Can be easily reused  Can be readily recycled  Biodegradable.
  • 8. Left: Recycled cotton/polyester Latex paint can be sent to a paint insulation and cellulose insulation recycler and reprocessed into quality are viable alternatives to hazardous paints. fibreglass insulation. Sustainably harvested wood flooring
  • 9.  Incorporates a broad range of activities, including product modification, changes of the production process, packaging changes, as well as modifying advertising.  Environmental protection and resource conservation.  Balance in division of responsibility  Green marketing came into prominence in the late 1980s and early 1990s.
  • 10.
  • 11.  The green products still lag the conventional products in every category.  Psychological factors  Price  Poor positioning and distribution
  • 12.   better understand consumer and market dynamics  get the value proposition right  enhance your green credibility to improve brand image    optimize the marketing mix    have realistic expectations
  • 13. Sustainability through energy management, environmental compliance , Lead and other hazardous substance free products, effluent control, waste management and recycling .  The increasing political and social demand for a more sustainable society-affecting the way products need to be designed, manufactured, used and also disposed off.  Driving sustainability by leveraging PLM for driving GREEN.  Confusion in the marketplace.  Marketers sometimes take advantage of this confusion, and purposely make false or exaggerated "green" claims- Green washing.
  • 14. According to market researcher Mintel, about 12% of the U.S. population can be identified as True Greens, 68% as Light Greens.  In 1989, 67 percent of Americans stated that they were willing to pay 5-10 percent more for ecologically compatible products.  1991, environmentally conscious individuals were willing to pay between 15-20 percent more for green products.  2009, agreed to pay up to 40 percent more for a product which had been proven to be green.
  • 15. Environmental appeals are actually growing in number–the Energy Star label, for example, now appears on 11,000 different companies'[ models in 38 product categories, from washing machines and light bulbs to skyscrapers and homes.  The growing popularity of green building programs- increase demand for green products.  Despite the growth in the number of green products, green marketing is on the decline as the primary sales pitch for products.  A high percentage of consumers (42%) feel that environmental products don’t work as well as conventional ones.  New reports, however show a growing trend towards green products.