Speaker A
Thank you. Thanks so much, Brian. I just reiterate, thank you for the experience and for inviting me. I will say that I don't usually do webinars like this. I'm probably more comfortable up on a stage in front of people than I am sitting at my desk staring at my webcam, but I will do my best to try to kind of tell you a little bit about our story and how we approach, you know, marketing if you will. I mean, for us, marketing is really about expressing ourselves as people and connecting with people who have shared values and shared experiences. That, to us, is what marketing is, and that's how we have, over the years, built the Ben & Jerry's brand and, you know, try our best to really kind of cultivate the fan base that we have and deliver amazing experiences for them. You know, so that's ultimately what it's about for us. It's trying to kind of treat our fans, you know, the right way, as if they truly are our friends because they are, whether it's at an event, in a scoop shop that you walk into, or in an online community, whatever it might be. So we try to create really authentic and outrageous experiences for people, and we try to bring the full expression of our company to life to do that. So that's, you know, thinking about our fans themselves, the flavors we make, the values that the company stands for and believes in, and the fun that we have as a company and a culture. So that's kind of the basic approach. In doing that, we really try our best to understand and embrace new communities as they develop and empower our fans really to tell our story through their own words and images and expressions. So that's kind of what I'm going to talk about here. I'm going to talk about a little bit about who we are, what our approach is, and then, you know, kind of give you some examples of how that actually comes to life. I'll start with one that I think is fun, which is just a one-off tweet that we did at the beginning of this year, and you can kind of read it here. It was the day after the state of Colorado legalized marijuana for recreational use. So for us, Ben & Jerry's, we don't really think about kind of real-time marketing, if you will, at least in the way that I see a lot of the industry doing it. You know, we could care less about the Super Bowl or the Oscars or moments like that, but we are a group of real people that really do kind of, you know, want to engage and respond to things that our fans care about and things that connect with our values. Sometimes that's around supporting bigger issues like marriage equality, and sometimes it's just having a little bit of fun, like when Colorado legalized marijuana. So we'll kind of start there, and now I'll kind of back out and tell you kind of how we're set up to be able to understand what makes sense for us and actually execute it. So I have to start first kind of back about 25 years. We're somewhat of a unique company, especially back in the '80s, where we have a three-part mission. Excuse me. One aspect of that is the product, to make the best ice cream in the world. One is the economic mission, which is to give a fair return to our shareholders, and we are a for-profit company, and we succeed in that. And the third piece, which is a very innovative piece, especially at the time, was really a social mission that's embedded in the way the company operates. So what we want to do is we want to use the power of the business itself to initiate ways to improve the quality of life for people around the world or really in all the communities we touch, which is now around the world. If you're reading up at the top there, there's this concept that we call linked prosperity. What linked prosperity really means is that as the company succeeds, everyone that the company kind of touches should succeed equally. So instead of looking at a supply chain and figuring out how are we going to extract as much value as possible, we look at a supply chain and figure out how can we use the business to put as much value back into those communities. So that starts with mainly where we get our ingredients from, you know, the dairy farms here in Vermont. We source most of our commodities like cocoa and sugar and vanilla and coffee through Fair Trade Certified cooperatives. So it's really about giving back to those communities. Then we think about really where we live and work and how can we give back to communities like that. And then lastly, where we sell our products, which now is 30-plus countries. And that's where it's really interesting when we look at a community like a city. So, you know, take Boston, L.A., Stockholm, Singapore, or whatever it might be. We want to understand what that community is so we can provide value. We do the same thing when we look at emerging social communities. So when we look at Instagram, we think, you know, what is this community value? How can we, as Ben & Jerry's, you know, how are we uniquely positioned to provide value to that community? So we apply that same business model approach of linked prosperity to our approach to marketing. So what that really looks like, and this is right around the corner, right outside my office here, this is on our wall, and it