When you update your packaging, it can help you save money. You can update to environmentally-friendly or biodegradable materials. Plus, it lets customers know you care. Ultimately, this can help you build customer loyalty. And, it sends a clear message to consumers: you care about the environment.
Sustainable packaging is versatile
Sustainable packaging is gaining momentum around the world. Consumers, global leaders and businesses are recognizing the benefits of using sustainable materials in packaging. According to the World Economic Forum, consumers are willing to pay more for products and services from companies that use sustainable practices. Additionally, a report published by Barron’s magazine showed that the 100 most sustainable companies in the United States saw a 29% share price increase in 2017, compared to a 2% growth for the S&P 500 Index.
Businesses that use sustainable packaging are able to reduce the carbon footprint associated with packaging. This reduces overall packaging costs and increases sales. In addition, sustainable packaging helps reduce waste and save space in storage. As a result, a company can save money on space and reduce energy costs while saving on packaging materials.
Consumers value sustainability and are increasingly concerned about the environment. Today, packaging is an important component of a product’s visual appeal, so making it sustainable is key to increasing consumer satisfaction. However, most packaging is single-use and non-recyclable, which leads to significant waste. Despite this, only 14% of plastic packaging is recycled, and 40% of that plastic ends up in landfills and other sensitive ecosystems.
Biodegradable packaging is versatile
Biodegradable packaging is a great choice for businesses that care about the environment and are concerned with reducing their carbon footprint. Not only is it sustainable, but it’s also cost-effective. Biodegradable packaging is designed to be less bulky and take up less space than traditional materials.
Business Services companies can utilize biodegradable shipping supplies for many applications, from storing office supplies to packing electronics. Its reusability makes it a popular choice, and consumers appreciate the fact that the packaging decomposes on its own. Additionally, it saves the resources needed to process the materials, which helps businesses cut costs.
When biodegradable packaging is properly disposed of, it will decompose to compost, releasing nutrients that plants can use to grow. Compostable packaging can be disposed of at home, or can be disposed of in a commercial composting facility. Because it breaks down quickly, biodegradable packaging reduces carbon footprint. In addition, it is safer than plastics.
Updating your packaging can save you money
When it comes to running a business, there are many costs to consider. For instance, you’ll need to spend money on advertising, product testing, and bookkeeping. But there are also other areas where you can save money. One area where cutting costs can really make a difference is product packaging.
First, you need to consider the size of your products. The smaller the size, the cheaper it is to ship. In addition, smaller packaging saves space on shelves. It can also help you reduce the cost of each unit. It can be costly to source packaging from various suppliers. Besides, it can be confusing to change your packaging design and specifications between different suppliers. Therefore, it’s better to choose one provider for all your packaging needs.