A Correct Waste Management to Boost the Local Economy, is it Possible?

Find out how your waste company can support the local economy by introducing a marketing system.

I know you are already thinking "but my company already supports the local economy."

Well, keep a pause for a second.

In fact, in this newsletter, I am going to reveal to you how your waste management company, really, is a veritable gold mine of raw materials that can support the growth of your community's economy.

But first I want to reveal to you why your "it is already supporting the local economy" is in fact nothing more than an idea in your head instead of the reality of the facts.

I know this may sound rough, but shortly I am sure you will be on my side.

First I start with your waste management company: a family-owned business located in the community in which you operate doing the municipal solid waste collection.?

So many of your employees have been your schoolmates, or if not your brother's, so you have a relationship with them that goes far beyond a professional one: in many cases you are friends.

You meet them when you attend your children to school, when you go to take them to baseball, and in many cases you spend time together after work, perhaps relaxing over a cold beer.

In short, a piece of the family.

And considering the number of employees your company has, including drivers, operators, staff in the plant, and staff in the offices, it is natural to think that your company supports the economic development of the community.?

In fact, at least 100 families live directly off the wages you pay. Not to mention that these then spend part of their earnings in local stores, and so here is the reason for your thinking.

More than correct thinking.

But what I am about to tell you instead is something much more impactful.

Yes because as I have already pointed out to you your waste management company is a gold mine of raw materials only that these raw materials, unfortunately, do not have the fate they deserve.

What do I mean by that?

Simple: often these are given away as waste material because "it is not convenient to handle it" or, in many cases, it is better to send it to a "waste-to-energy" plant instead of processing it.

In short laughingly, for your company, they are more of a cost than a gain.

Yet they are not.

And now you will find out why.

As I wrote in the opening of this newsletter you will find out how your waste management company can support the development of the local economy by introducing a marketing system.

And so here it is that before we go any further it is a must that I reiterate what marketing is.

Yes because out there is full of companies telling you about social media marketing, viral marketing, digital marketing, and you name it.

These are many activities that fall under marketing but marketing is composed of a series of processes that when implemented are intended to help sell your products and/or services to an audience that wants them.

Marketing is nothing more than a sequence of processes that when implemented are intended to sell your products or services to an audience that wants them.

Nothing more and nothing less than an orderly sequence of processes.

Sort of like that sequence you put in place when you changed the organic waste compactor you have in the warehouse.

Being a sequence of processes, its implementation is made up of many actions aimed at something. Typically they range from increasing the number of customers to increasing turnover and/or repositioning the company in the market.

I know you are asking yourself, "but what does this have to do with my company being widely recognized in my community?"

Well, remember I told you that implementing a marketing process is critical to growing and developing the local economy?

This is the point.

Your waste management company to date is strong and well-known because it collects waste in your community.

Yet it has a limitation.?

Its limitation is that it is unable to exploit the mine of secondary raw materials it owns and produces from waste collection, to create an economy.

Yes, I said it: it is unable to exploit the mine of secondary raw materials.

In fact, I am sure that if I analyze your business model, your company's main source of income is the sale of waste collection.

Whether you then sell this service to the municipality or directly to people is not important.

The point is that your company makes its living from waste collection.

This is to be expected given that the business model of 95 percent of waste management companies is this. And I don't fault it since, until 30-40 years ago, talking about reusing waste in other applications was science fiction from Back to The Future II where Doc Brown used waste to power the DeLorean.

Well now instead this is a reality and I would add, given some of the raw material shortages that have occurred in the past year.

Unfortunately yet few people have realized the advantage that can be had in changing the business model in favor of a business model where the goal is to have a strong waste collection so that you can get significant amounts of secondary raw materials that you can resell.?

And it is these secondary raw materials that foster the development of local manufacturing industries that can use them to produce new goods.

This means fostering the economic development of the community.

Think what would happen if all the glass or plastic, only to use a simple example, you collect in your community was reused in a local factory where bottles or containers are produced?

In no time, the secondary raw materials that originate from your waste processing would find application a few miles from your plant.

And your company would find itself selling the production of secondary raw materials almost before its production.

Not bad, is it?

But that's nothing.

Yes because this situation generates a double benefit: one for your company, which sells the secondary raw materials, and one for the production company that buys them.?

In fact, the latter gains in market competition.

I am referring to competition on production time, which is increasingly pressing.

Reducing transportation time would enable it to have a prestigious lead time by becoming competitive in the market.

In short, everybody would win.

That's why I told you early on that a waste management company can support the local economy.?

I know you are now asking, "but what does marketing have to do with it?"

Well, now I get to the important part.

In fact, the introduction of a marketing system is the only one that can make the development I described to you possible.

And do you know why?

I'll make it simple: it is the only system that can increase the quantity and quality of the waste you collect and create a consequent forecast of secondary raw material production.

And that's good on one side.

At the same time, it is also the only one that can create the market for the sale of the secondary raw materials that will be produced within your plant.

And this is all because of the knowledge, of your target audience.

Yes, I am referring to the knowledge of the citizens of your community.

The ones you already think you know.

It all starts from there.

When you know whom you are dealing with you can not only understand how to recover waste but also how to intercept it before it is produced.

Yes, you read that right: before they are produced.

And you don't have to be a soothsayer to figure that out.

It's about knowledge.

Because as is shown by the various indicators also used by the Mass Media (newspapers, magazines, etc), if a neighborhood has a shopping mall it is normal that the volume of purchases to be higher, and consequently the volume of waste produced is higher.

At the same time if a neighborhood has a higher standard of living it is normal that there is a higher production of waste and also a greater awareness of the importance of sorting.?

These are just two of the many indicators that it is important to put in place as you decide to enter into this new business model.

And believe me when I say that the earlier you do it, the better.

In fact, as has already happened to brands in other industries such as RedBull, CocaCola, Rolex, and so many others, the ones that came first in their category, or even created it, are the ones that still today, hundreds of years later (in the case of CocaCola), hold the market leadership.

So if you want to structure a marketing process that will make your Waste Management company a driving force for your community's economy, all you have to do is schedule a Strategic Call by clicking HERE.

Be the Change

Sam

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