I have watched the plentiful news coverage about Wal-Mart’s green turn and read many opinions both skeptical and convinced. Until now I have withheld judgment. Talk, after all, (mine included) is cheap. But it seems increasingly clear that Wal-Mart is not…as the doubters say… just ‘ greenwashing ’. How did I come to this conclusion? Well I read a number of feature stories in the American business press, for one. And one of the common threads is that Wal-Mart has discovered that by trimming packaging, excising unnecessary waste, and maximizing energy costs they are saving tens of millions every year. Wal-Mart’s unique business proposition is that they are the low price leader and their margins are razor-thin. “A penny saved is a penny earned,” the saying goes. And that’s truer for Wal-Mart than, say, Rolls Royce. To its bones, Wal-Mart is a cost-cutter. But I also keep coming across marketing efforts... ironically enough... that evidence Wal-Mart is serious in its greening. Above is a p...
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