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Attract, retain and
extract full value
from customers with
ethics
CONSUMER INSIGHTS
•Did you know that -
•86% of consumers want businesses to stand for
something.
•66% of consumers would spend more on a
sustainable brand.
•81% of millennials want a business to make public
commitments to charitable causes and global
citizenship.
•You customers want you to stand for something –
hence the book by Roy Spence – entitled - ‘It's Not
What You Sell, It's What You Stand For’
•But – not only do consumers what brands to
stand for something – they want the businesses
they buy from to stand for what they – the
consumers - stand for.
•Recent research found that - 71% of consumers
prefer buying from businesses with values aligned
with their own values.
•.
• IMPLICATIONS
1. Business values and ethics matter to consumers
in 2021
2. Setting the optimal values for a business requires
an understanding of consumer expectations
3. The optimal brand for any organisation will be at
the intersection of the expectations of the
consumer and the business
•RECOMMENDATIONS
1. Embrace the growing demand for businesses
to act ethically and be seen to do so
2. Understand the ethical expectations of your
target audiences
3. Find the sweet spot - at the intersection of
your ethics and those of your customers.
To find out more - visit...
www.djohncarlsonesq.com
Or email me at...
johnc@djohncarlsonesq.com
I’m John Carlson – Thanks for listening
Attract, retain and
get the best out of
the best staff with
ethics
CONSUMER INSIGHTS
•Did you know of research that found that:
 64% of millennials won’t take a job if the employer
doesn’t have a strong CSR policy.
 83% of millennials are more loyal to a business that
help them contribute to social and environmental
issues.
 And - to demonstrate that it is not just millennials -
94% of all employees now say it is "critical" or
"important" that the business they work for is ethical.
 Research suggests that ethical standards are becoming
increasingly important to employees and potential
employees.
 Indeed, one study found that - 82% of employees prefer
to be paid less and work for a business with ethical
business practices - than receive higher pay at a business
with questionable ethics.
 To attract, retain and get the best out of the best staff, it is
becoming increasingly important to align the purpose,
mission and values of the organisation with those of
preferred employees
•IMPLICATIONS
1. Business values and ethics matter to staff and
potential staff in 2021
2. Setting the optimal values for a business requires
an understanding of staff expectations
3. The optimal brand for any organisation will be at the
intersection of the expectations of the ideal staff and
the business
• RECOMMENDATIONS
1. Embrace the growing demand for
businesses to act ethically and be seen to
do so
2. Understand the ethical expectations of all
target audiences – including staff
3. Find the sweet spot - at the intersection of
your ethics and those of the ideal staff.
To find out more - visit...
www.djohncarlsonesq.com
Or email me at...
johnc@djohncarlsonesq.com
I’m John Carlson – Thanks for listening

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Attract, retain and extract full value from customers with ethics

  • 1. Attract, retain and extract full value from customers with ethics CONSUMER INSIGHTS
  • 2. •Did you know that - •86% of consumers want businesses to stand for something. •66% of consumers would spend more on a sustainable brand. •81% of millennials want a business to make public commitments to charitable causes and global citizenship.
  • 3. •You customers want you to stand for something – hence the book by Roy Spence – entitled - ‘It's Not What You Sell, It's What You Stand For’ •But – not only do consumers what brands to stand for something – they want the businesses they buy from to stand for what they – the consumers - stand for. •Recent research found that - 71% of consumers prefer buying from businesses with values aligned with their own values. •.
  • 4. • IMPLICATIONS 1. Business values and ethics matter to consumers in 2021 2. Setting the optimal values for a business requires an understanding of consumer expectations 3. The optimal brand for any organisation will be at the intersection of the expectations of the consumer and the business
  • 5. •RECOMMENDATIONS 1. Embrace the growing demand for businesses to act ethically and be seen to do so 2. Understand the ethical expectations of your target audiences 3. Find the sweet spot - at the intersection of your ethics and those of your customers.
  • 6. To find out more - visit... www.djohncarlsonesq.com Or email me at... johnc@djohncarlsonesq.com I’m John Carlson – Thanks for listening
  • 7. Attract, retain and get the best out of the best staff with ethics CONSUMER INSIGHTS
  • 8. •Did you know of research that found that:  64% of millennials won’t take a job if the employer doesn’t have a strong CSR policy.  83% of millennials are more loyal to a business that help them contribute to social and environmental issues.  And - to demonstrate that it is not just millennials - 94% of all employees now say it is "critical" or "important" that the business they work for is ethical.
  • 9.  Research suggests that ethical standards are becoming increasingly important to employees and potential employees.  Indeed, one study found that - 82% of employees prefer to be paid less and work for a business with ethical business practices - than receive higher pay at a business with questionable ethics.  To attract, retain and get the best out of the best staff, it is becoming increasingly important to align the purpose, mission and values of the organisation with those of preferred employees
  • 10. •IMPLICATIONS 1. Business values and ethics matter to staff and potential staff in 2021 2. Setting the optimal values for a business requires an understanding of staff expectations 3. The optimal brand for any organisation will be at the intersection of the expectations of the ideal staff and the business
  • 11. • RECOMMENDATIONS 1. Embrace the growing demand for businesses to act ethically and be seen to do so 2. Understand the ethical expectations of all target audiences – including staff 3. Find the sweet spot - at the intersection of your ethics and those of the ideal staff.
  • 12. To find out more - visit... www.djohncarlsonesq.com Or email me at... johnc@djohncarlsonesq.com I’m John Carlson – Thanks for listening