You Can’t Just Build Green. You Have to Sell Green Too.
December 26th, 2009 by Carolyn Parrs & Irv Weinberg , Mind Over MarketsBuilding green and selling green in tough economic times might sound counter intuitive but the reality is, it’s not. A recent survey conducted by National Real Estate Investor in partnership with the U.S. Green Building Council showed that sustainability in commercial real estate is growing in leaps and bounds.
More than 88% of developers and 86% of corporate executives say they consider green design to be as or more important than it was before the current economic slump. In fact, LEED certified projects showed an impressive 47% increase over the previous 12 month period.
These buildings represent 273 million square feet of new construction and major renovation on commercial and institutional properties, up from 133 million square feet the previous year. Another 25,608 properties totaling approximately 6.3 billion square feet are currently registered with the LEED, up from 1.3 billion square feet last year.
The reason for these green spikes are much more personal than they are planetary. Green can be a major selling point to investors and tenants alike. These initiatives not only offer significant and measurable savings in terms of energy usage, but contribute to the health and well being of the people who live and work in your project.
Healthier materials, paints, finishes, carpets, cleaning supplies and more natural lighting make contributions that are becoming more accepted, more desired, and more understood each day.
Healthier surroundings contribute to greater well being, less sick days, and therefore greater productivity of those who will spend a majority of their time inside what you build.
There is no question that green is the way to go, the question really is how healthy and robust your communication of all that will be to your investor, purchaser or tenant base. Of all the green things you may be considering building into your project, green messaging might be the most important one of all.
After all, one of the keys to selling is educating. So much of the green message has focused on what’s in it for the planet that people often forget it’s just as important to focus on what’s in it for the potential purchaser or renter. It’s important to remember that green is not just a physical thing, it’s also a state of mind. It’s the place where value can be added in a very measurable sense.
Be sure not to make the mistake of assuming that just saying you’re green is communicating your message. Put your green communications in human terms. Tell your customer base why you’re going green and what that’s going to do for them.
Of course, talk about tax credits and energy savings, but also talk about how your green initiatives help control the one environment it’s possible to exercise the most control over. The one we live in or work in each day.
Talk about the added-value thinking green has brought to your current project or the ones you’ve created in the past. And remember that people don’t want to live in or invest in a laboratory, but want esthetics along with everything else.
Recently, an ultra green residence was built in the town I live in. It was loaded with green features including solar panels that tracked with the sun, a zero-energy loss envelope, no paint or carpet, water reclamation systems — the works.
Unfortunately, they forgot one thing. The WOW factor. For $2 million. people want something that’s not only efficient but stunning. And that’s what was left out. Instead of natural stone, granite or marble floors, they went with ceramic tile. Instead of finding ways to maximize the heat output of stylish, architectural fireplaces, they went with highly-efficient wood stoves. Lots of heat, but no fire. It all looked good on paper, but not as good in the living room.
The point of marketing green or building green is to take all the available technology and make it human and accessible — and above all beautiful. Just look what designer, Erin Adams, is doing with her recycled glass mosaic tile and home furnishings. You see, you can have your cake and eat it too.
Remember that green means alive, vibrant and healthy. And that includes your communications. Don’t just go earth tone and tell me you’re saving the planet. The market and people’s understanding of the green message has progressed far beyond that.







December 28th, 2009 at 12:35 pm
You address my argument for greenwashing in the last paragraph there. I think we are seeing the end of greenwashing because so many people are now becoming interested and knowledgeable about green practices. Consumers will start asking questions and know when a company is just using jargon to persuade them. In reference to your WOW factor, I’m starting to see more and more BEAUTIFUL LEED buildings. I read an article yesterday saying that architecture is art that doesn’t hang on a wall. LEED has made that very true, and I believe it is for the same reason you mentioned. Everyone worries about the price. It may not be enough for them to do that the building is doing good environmentally; some people have to actually see the good (in terms of design). LEED buildings are gorgeous. Their designs are so modern and edgy. LEED has truly caused architecture to become art.
December 28th, 2009 at 6:07 pm
In a world where half the population is having a difficult time living day-to-day there seems to be something out of wack with stories about $2 million dollar homes lacking the WOW factor.
June 25th, 2011 at 10:06 pm
Most people want to be eco-friendly but for the most part at least currently sometimes going green technlogoy is not financially a good idea currently.I have looked at eco-friendlyand green technology alternatives like igo green charger and have adapted where it makes financial sense. So far I have also installed solar panels on my home but while looking for a electric car I find the cost doesnt justify it for me. While I am passionate about making green choices and opting for green technology whenever possible it is up to people like you and I to spread awareness and let the companies know there is a demand. Your website looks popular and I think you can help influence society with your insight and green technology tips. By the way I found your site by searching ” You Can’t Just Build Green. You Have to Sell Green Too. | Green Marketing Blog ” and you were the first result. So I think your website is a perfect platform to discuss ideas that are thought provoking to help influence your readers to go green. – Good luck with your site, you deserve all the success! Please continue to talk about more eco-tips/green tech, every idea helps us get closer day by day!
June 29th, 2011 at 10:56 am
Thank you Tyson. That’s what we do here. Dig in deep to find the sweet spot in sustainability marketing. I think green has a long way to go to make it meaningful to the mainstream consumer. Mad Ave tactics just don’t work. Check out our newest post, “Is compassion the key to sustainable brands?” Let’s keep the conversation going. — Carolyn Parrs