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Ring Bros. Experiment in Grassroots Green Marketing
MarketingProfs Daily Fix by Ted Mininni 10/05/07
An
interesting article caught my eye in the September issue of Progressive
Grocer. The article titled, EXCLUSIVE: Ring Bros. In-store Experiment
to Turn Waste Into Power, struck a familiar chord with me as a
marketer.
Many ask how community-based independents can carve
a place out for themselves—or even survive--in today’s super-charged,
highly competitive marketplace, so this might give small business
owners something to chew on.
In a nutshell: Ring Bros. is an
independent grocery store in South Dennis,Massachusetts—on beautiful
Cape Cod. The owner decided to test a new bioenergy technology in its
store for two very good reasons:
• To save money and turn its organic waste into energy •
To increase revenues by selling surplus power to other businesses in
the same shopping plaza; and to sell nutrient-rich compost, a natural
by-product, to farmers.
The gist: the retailer received a
$195,000 grant from the Massachusetts Technology Collaborative’s
Renewable Energy Trust, an organization that develops and promotes
clean energy. A system will be installed next spring using “anaerobic
digestive technology” which breaks down organic waste and emits methane
gas in the process. The gas can then be utilized to power a turbine,
generating electricity.
Not only will Ring Bros. store recycle
all of its own organic waste, save on costly locally-generated
electricity and make money on the by-products; the retailer will no
longer have to pay to have its garbage trucked away—consuming less fuel
in the process.
While this new system will not rid the retailer
of non-organic waste, it is estimated that Ring Bros. will save
substantially on its waste management spend. In the grocery business,
where margins are razor-thin, and profits measured in pennies on
product offerings in many instances, these savings will go to the
retailer’s bottom line.
Now it seems to me there’s a real
marketing opportunity here. As some Daily Fix readers may recall, I
posted a blog entry in August titled Marketing a Green Business. When
businesses take measures to become more environmentally friendly, it’s
not a bad idea to let the consumer know about it.
For
independent, small businesses, marketing the higher level of service
they offer the customer (hopefully they do!) along with a legitimately
greener position, ought to strike a very positive chord in their
communities.
What kinds of initiatives do you think small
businesses can take to stake out their unique positions in today’s
competitive marketplace?
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485
Route 134, South Dennis, MA 02660
Phone: 508-394-2244
Fax:
508-394-0121
Copyright
©
Ring Bros Marketplace. All rights
reserved.
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