CMO Intel

Sustainable Packaging and Adapting to Regulatory Shifts: Strategies for CMOs


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CMO Intel CMO Intel

Date: February 19, 2025

In this segment of the CMO Intel podcast, hosts Reese and Mark discuss two significant trends impacting marketing strategies for Chief Marketing Officers (CMOs).

Starch-Based Packaging: A Sustainable Shift

Firstly, they explore the rise of starch-based packaging, a shift driven by environmental awareness and regulatory pressures on single-use plastics. This trend presents an opportunity for brands to differentiate themselves by adopting biodegradable solutions, appealing to eco-conscious consumers and positioning companies as sustainability leaders. However, challenges such as higher production costs and limitations in durability require CMOs to collaborate with R&D and supply chain teams. Additionally, educating consumers and industries about the benefits of starch-based packaging is crucial, particularly in developing economies. The segment highlights the importance of aligning marketing strategies with sustainability initiatives and exploring new applications across various industries.

The Lottery Corporation: Adapting to Regulatory Changes

Secondly, the hosts analyze The Lottery Corporation's recent financial results, noting that digital spend limits have impacted revenue, particularly for Keno. This situation underscores the need for CMOs to adapt marketing strategies to regulatory changes and consumer behavior shifts. With digital channels restricted, enhancing the in-person experience and leveraging local area marketing has proven effective. The discussion emphasizes the importance of data analytics to understand consumer behavior and tailor strategies accordingly. Furthermore, responsible gambling initiatives have positively impacted brand reputation, highlighting the need for CMOs to incorporate CSR goals into their campaigns.

Overall, the segment stresses the need for agility, data-driven decision-making, and a consumer-focused approach in navigating these evolving marketing landscapes.


 
Links:

Starch Based Packaging Market Advancing Sustainability Goals Through Biodegradable Packaging Innovations
Cost of living, spending limits cut Australian lottery spending

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CMO IntelBy Reese Parker