Showing posts with label sustainability in retail. Show all posts
Showing posts with label sustainability in retail. Show all posts

Monday, 20 July 2009

American retail study shows that low Income Shoppers are More Willing to Pay a Premium for Sustainability

The company Miller Zell an Atlanta based retail specialist company researches several different of topics inside the world of retail. Today this retail company published their study on green retailing, which type of consumer purchases green products.
The traditional thougth is that consumers who are most interested in environmental-friendly products have a higher income and overall lifestyle commitment to eco-friendly living. In the research done by this retail design and strategy firm Miller Zell the result is that shoppers with a lower income are the ones purchasing green products.

In the study it states that Income is not the only important factor when consumers decide to do green shopping, consumers with lower income are willing to pay a premium for green products. Women are also willing to pay more than men for green products.

The interest of consumers in sustainable products did not result yet in good promotion and information on the green products manufacturers and retailers have. Wal-Mart last week launched the plan to obtain information on the effects on the environment of their products and communicate the effect of the purchase of this product on the environment.

The study also shows the channels that are most effective to trigger the interest of the shopper in green products as well as differences between the different generations and genders.
To download a copy of the study results, visit the Miller Zell blog, Inside the Aisle at http://insidetheaisle.com/mz-research-surveys/.
Does the outcome of this research come as a surprise for you? Which actions do you take to save the environment? Which advices would you like to share with the other readers of this blog?

Wednesday, 15 July 2009

Sustainability - should it be just about "green" products or should we focus on sustaining our generations?

By Kyle Howell - VIP Recruiter at NWA Green Expo
Most of the topics and discussions about Sustainability are always focused on products or services related to making products more sustainable. I have been working on planning for the 2010 NWA Green Expo and had a meeting today with a non-profit called Teen Action Support Center. This was an eye opening experience that led me to this discussion.
Sustainability is not just about the "greening" of products or our habits, but it also is about taken care of our generations to ensure they are aware and able to take care of the environment. There is always a human side to everything we do. Now, the NWA Green Expo will be partnering with the Teen Action Support Center to create an overall expo that addresses products/services for both the earth and human benefit.
I would like to know what your thoughts on this are and if you have already seen this type of partnership in action, let me know some tips on how to make it successful. Now, to advertise the expo. The expo is hosted by the Bentonville/Bella Vista Chamber of Commerce. It will take place on April 30th - May 1st, 2010, in Bentonville, AR. I am currently trying to sign up keynote speakers, so if you know any or are aware of companies that would be willing to sponsor such speakers, please contact me at kyle.howell@wal-mart.com.
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