I have finished the first draft of my latest book. It needs more work but here is a teaser.
In every corner of the globe concerns over climate change, pollution, resource depletion and environmental degradation are now taken very seriously especially, but not exclusively, among the younger generation. Governments and the business world have had to respond to this and for the most part they have. We have green energy policies, more responsible and sustainable sourcing, production and distribution, recycling infrastructure, to highlight just a few aspects of sustainability. Maybe not as much as we need to meet the climate change targets but a lot more than we had and moving in the right direction. Sustainability is mainstream in almost everyone’s thinking almost all of the time. But we are missing something, quite a big thing – excessive demand. We are buying and consuming too much, not everywhere, not among the ‘other 3 billion’ who live in abject poverty, but in the developed world we buy too much stuff. We are, as part of the drive towards sustainability, aware of waste as an issue but we have not tackled the root cause of this – marketing.
$1 trillion a year gets spent on persuading us not just to buy but to buy more than we need and this causes enormous waste both physical and obvious and hidden, ignored. We have not tackled the demand-side wastage and marketing’s role in that, so we are fighting the climate change and environmental battle with one arm tied behind our back. This book tries to lift the lid on that and offer an alternative, Deliberate Marketing – a more responsible approach that addresses marketing generated wastage but not necessarily by reducing profits and enterprise value. Because we also waste a lot of money on unnecessary marketing so we can cut that out too.
My argument in a nutshell are as follows:-
- Rooted in free-market economics, the purpose of marketing is to sell more, more, more. This produces vast amounts of excess consumption and waste. Some waste can be recycled but that takes 50% of the resources it took to produce in the first place. Less unnecessary purchases = less recycling.
- Sustainability does not focus enough on the demand side.
- It is possible to reduce excess, irresponsible demand and the waste it produces without necessarily reducing profits or enterprise value.
- We are not looking to impose austerity and fight human nature or progress. Just 5-10% reduction would be game-changing and reducing wasted marketing can more than offset the commercial risk of doing so.
- We need a better more deliberate and connected way of doing marketing and a better way to measure and account for all costs.
- There are strategies to reduce waste and safeguard commercial success. There is a simple process a business could follow but it needs to be holistic, looking at the whole business model.
Deliberate Marketing – think of it as marketing that makes you proud, socially and professionally.
The book offers a point of view on how to reduce wasted marketing and reduce marketing generated waste. It highlights areas to focus on to achieve this and suggest a process for D-Marketing. The objective is to generate interest, to start the conversation and pose some challenging questions. It is not offering ‘an answer’ or ‘a blue-print’, that’s impossible without looking at a specific business in a specific category. But here’s an interesting thing about waste, once aware of it, a well-intentioned person or leadership team finds it hard to ignore. There is no study to back this up, merely a lot of circumstantial evidence, but the majority of waste is probably down to thoughtlessness, a feeling of powerlessness and/or an assumption that it’s someone else’s responsibility. As a species we are sentient and most of us have a conscience. If we are aware of waste, if we think we can do something about it and it is our responsibility to do so, we will. At the very least we will try.
The audience for this book is business in general, and marketers in particular. Its purpose is to make people think about waste and believe there is perhaps something they can do if they try.