Helping Grow Purpose-Driven Brands | Brand & Growth Strategist | Positioning & Messaging | Sustainability Marketing | Ex-P&G Brand Builder | Fractional CMO
Low prices and bad quality are a race to the bottom. 50 college students just named Shein, Temu, and Forever 21 as the most unsustainable brands when I guest lectured at Miami University Farmer School of Business last week. What's notable is that it's not just unsustainable environmentally. It's also financial. Forever 21 just announced it's filing for bankruptcy, citing Shein and Temu as the cause of its demise. I also asked students which brands they consider the most sustainable. Perhaps unsurprisingly, Patagonia was ranked first. But what I find most interesting is that all these brands are in the same category: fashion. Students (and the general public) aren't categorically rejecting an industry because of its business model. The lesson: no matter how "bad" a category might be, there is always an opportunity to make positive improvements. - Better supply chains - Longer lasting performance - Advocacy for change within your industry Finding the big or small steps is not only better for the planet, but also the bottom line. Thanks to Robert Dahlstrom for the opportunity to lecture on Sustainable Marketing to his students!