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BP: Bastard Profiteers and Brand Persuasion


BP

An article in Foreign Policy magazine on how the catastrophic Gulf oil spill (which is still uncontained and now reaching the Louisiana shoreline) is an excellent opportunity the public to finally see through BP’s decade-long greenwashing campaign…

A decade ago, the company then known as British Petroleum launched a multimillion dollar advertising campaign to rebrand itself as the greenest of oil giants. Since then, it has gone only by the initials “BP” and has popularized a new slogan: “Beyond Petroleum.” The campaign launched with a $200 million public relations and advertising budget and a new logo featuring the now-ubiquitous green-and-yellow sunburst. Ten years later, the company still spends big on advertising, dropping $76 million on radio and TV ads touting its image in the United States just last year.The campaign has paid off for the company. A customer survey in 2007 found that BP had by far the most environmentally friendly image of any major oil company. That year, the “Beyond Petroleum” campaign also won the Gold Award from the American Marketing Association. The company reported that between 2000 and 2007, its brand awareness jumped from 4 percent to 67 percent and sales rose steadily.


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