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A Cinderella Story:  How the “Past as Trash” Boosts Demand A Cinderella Story:  How the “Past as Trash” Boosts Demand

A Cinderella Story: How the “Past as Trash” Boosts Demand - PowerPoint Presentation

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Uploaded On 2022-02-14

A Cinderella Story: How the “Past as Trash” Boosts Demand - PPT Presentation

A different way of promoting repurposed products and thus a comparably green choice Kamleitner Th ürridl amp Martin 2019 2 billion tons of waste go to landfills each year creates pollution burdens municipal budgets and fuels climate change ID: 908613

amp products 2019 story products amp story 2019 martin rridl kamleitner repurposed identity product forky highlighting salience waste https

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Slide1

A Cinderella Story:

How the “Past as Trash” Boosts Demand

A different way of promoting repurposed products and thus a comparably green choice

Kamleitner, Th

ürridl & Martin, 2019

Slide2

2 billion tons of waste

go to landfills each year  creates pollution, burdens municipal budgets and fuels climate change In response, the market has seen an increase in repurposed products – products recycled and

upcycled from old products and waste materialsGlobal waste and the potential of repurposed products

Kamleitner, Th

ürridl & Martin, 2019

Slide3

How can marketers

boost the demand for repurposed products?

https://heroes-and-villians.fandom.com/wiki/Forky

Forky

, a tool made from a re-purposed plastic spork,

is the hero in

T

oy Story 4.

Kamleitner, Th

ürridl & Martin, 2019

Slide4

Lessons from

Forky

?

Re-purposed products have

2 identities

:

Old

product / trash

Current useful--but different--product

Together

these life episodes constitute a

biographical product story

that is more appealing than selling repurposed products as green

Kamleitner, Th

ürridl & Martin, 2019

Graphs

from

https://butfirstjoy.com/forky-toy-story-4-guide/

Slide5

https://www.elvisandkresse.com/

People are attuned to storied thinking. Product transformations like

Cinderella and Forky involve biographical stories.Customers are prone to spontaneously infer such stories. Highlighting

the

past identity

(i.e. highlighting the old materials going into repurposed products) triggers the product’s story of transformationCustomers infer and self-tell the product’s story while incorporating their own personal experiencesThese stories are unique and carry special meaning, making the product feel special to consumers

Kamleitner, Th

ürridl & Martin, 2019

Why this works?

Slide6

… they thought

about it in terms of its story

An example of a transformation story

open answers in Study 3 in the paper

Kamleitner, Th

ürridl & Martin, 2019

I just hope it wasn't involved in a deadly accident.

When people learned that this backpack was upcycled from old airbags

(= past identity was salient)….

It is recycled from a deployed air bag. Something that saved someone’s life. That’s pretty cool.

I think how cool it would be to tell others what the back pack was made from

Slide7

How to manipulate past identity salience

( Example - Study 1 in the paper)

Kamleitner, Th

ürridl & Martin, 2019

Past Identity Salience

Control

Ad campaigns for page likes and clicks on a voucher promotion

Slide8

click through - up to 12% increase

likes – up to 266% increasePurchases – up to 3 times more

Products sold – up to 4 times moreRevenue – up to 350% increase

The impact of highlighting past identity

salience on customer behavior

Kamleitner, Th

ürridl & Martin, 2019

Facebook

ads

Pop-up Store

Slide9

Encouraging the purchase of repurposed products means that

product waste will be reduced, resulting in less landfill and incineration, more energy savings, and decreases in industrial emissionsThe key to boosting the demand of repurposed products is to engage in a new way of storytelling in marketing: making customers self-tell the products story through past identity salience.

Marketers can do this by highlighting the old materials going into repurposed products. Key Take-Aways

Kamleitner, Th

ürridl & Martin, 2019