top of page
Search

3 Ways Fashion Brands Can Bridge the Sustainable Price Gap

  • Writer: Todor Stojanov
    Todor Stojanov
  • Nov 24, 2024
  • 3 min read

Updated: Feb 12

Source: Unsplash
Source: Unsplash

The Shift from Compliance to Opportunity

Let’s face it — sustainability is no longer just a buzzword in the fashion industry. With upcoming laws in the EU making sustainability compliance non-negotiable, brands are being pushed to rethink their processes. But here’s the kicker: sustainable production typically costs more than traditional methods. This leaves many brands feeling like sustainability is just a financial black hole they’re forced to pour money into.


But what if sustainability wasn’t just a compliance requirement? What if it could be a revenue driver? The key lies in shifting perspectives — from viewing sustainable practices as a cost center to seeing them as an avenue for innovation, brand differentiation, and ultimately, profitability.


The Paradox of Sustainability and Consumer Behavior

Now, let’s talk about the elephant in the room: consumers’ attitudes toward sustainable fashion. While a survey conducted by Bain & Company* tells us that over 60% of shoppers claim they’re willing to pay a premium for sustainable products, reality paints a very different picture. Why? Because shopping sustainably often costs more upfront, and let’s be honest — fashion is rarely a rational act.


When we shop for clothes, we’re chasing excitement, pleasure, and self-expression — not a spreadsheet of environmental impact stats. So, while sustainability sounds great in theory, consumers need more tangible benefits to make the leap. They need to see how sustainable choices align with their desires, values, and — most importantly—their wallets.


Three Ways Brands Can Bridge the Gap

So how can brands nudge consumers toward sustainable fashion without alienating them? Here are three practical strategies:


1. Make Sustainability Your Hero Product

If you’re going to charge a premium for sustainability, make it worth it. One way to do this is by integrating sustainability into your hero products — the flagship pieces that steal the spotlight in your campaigns.


For example, imagine a seasonal collection where the standout items are not only stunningly designed but also crafted from sustainable materials. By linking sustainability with superior design, brands can justify higher prices. Think of these hero products as “art pieces” that tell a story — one that resonates with fashion lovers and environmentally conscious shoppers alike.


Plus, when sustainability becomes part of your brand DNA, it’s easier to market yourself as a leader in the movement. People don’t just buy products; they buy into stories, values, and identities. Give them a reason to connect with yours.


2. Ease Them In with Pricing Strategies

Consumers might balk at a premium price tag, but there’s a workaround: start with discounts. Offer your sustainable collections at a slight markdown to ease the transition. This way, customers can “try before they buy” into the idea of paying more for eco-friendly fashion.


Once they’re hooked, you can gradually adjust pricing as they become more comfortable with the concept. For example, when inflation necessitates price changes, bake the additional cost of sustainability into your overall pricing strategy. Over time, this normalizes the idea that sustainability is worth the investment.


3. Think Modular, Think Long-Term

Fashion is about self-expression — and sustainability can amplify that. Enter modular design. By viewing garments as a “canvas,” brands can offer add-ons that allow customers to customize and extend the life of their clothes.


Imagine decorative ornaments that jazz up a basic jacket or functional layers that transform a summer dress into a winter outfit. Not only does this create a new revenue stream, but it also reinforces the idea that sustainable fashion doesn’t have to sacrifice style or creativity. It’s a win-win for consumers and the planet.


The Road Ahead: A Call to Action for Fashion Brands

This isn’t an overnight fix. Changing consumer behavior takes time, patience, and a lot of creativity. But with the climate crisis growing more urgent, inaction is no longer an option.


By strategically weaving sustainability into your brand's DNA — and making it desirable and accessible for consumers — you brand can lead the charge toward a greener future. The challenge is to find that sweet spot where profitability and sustainability coexist. When done right, the transition won’t just save the planet — it’ll save your bottom line, too.


After all, the future of fashion isn’t just about what we wear. It’s about how we wear it, why we wear it, and how we take care of the world while doing so. Let’s make it count.


 
 
 

Comments


bottom of page