FOR
IMMEDIATE RELEASE
Contact:
Nancy White
The Natural Marketing Institute
215.513.7300 ext. 225
Nancy.White@NMIsolutions.com
Nearly
one-third of Americans identified as values-based, highly
principled consumers,
new research shows
Lifestyles
of Health and Sustainability values thriving across all
demographic groups
HARLEYSVILLE,
Pa. (May 14, 2002) A groundbreaking new research report,
released today, shows that 63 million
adult Americans – or 30 percent of the U.S. adult
population – make purchasing decisions based on
their personal, social and environmental values. Understanding
the LOHAS Market: Identifying the LOHAS Consumer & Business
and Branding Opportunities defines the core motivations
driving the newly identified LOHAS Consumer segment and
uncovers three other consumer segments: the Nomadics,
Centrists and Indifferents.
The
attitudes, behaviors and usage patterns of this large
and growing LOHAS Consumer group (LOHAS stands for
Lifestyles of Health and Sustainability), are significantly
affected
by their concern about human and planetary health.
These consumers want to integrate their values with their
brand
choices and purchasing behaviors. The LOHAS research
is the first to quantify the strong connection between
attitudes and purchase behavior of this emerging, values-driven
consumer group.
The
emerging LOHAS Consumer group is characterized by:
- A
proven willingness to pay more for LOHAS products and
services, with 80 percent willing to spend up to 20
percent more;
- Seventy-five
percent agreeing completely that their purchase decisions
are based on the health and sustainability
effect on the world and the environment;
- A
high degree of influence over others -- almost three
times as likely as the general population to influence
and teach others about the benefits of LOHAS-related
products and services;
- A
significantly higher likelihood to associate personal
values with companies and their brands (almost 2
_ times higher than general-population consumers);
- An
additional 30 million adults, or 38 percent of Nomadics
are LOHAS-leaning in their beliefs and purchasing
habits.
"Understanding
how consumer attitudes affect behavior and translate
into product and service usage is the key
to identifying LOHAS market opportunities and to exploring
this large, emerging consumer base," says Steve
French, managing partner of The Natural Marketing Institute
(NMI), a consulting and full-service market research
firm headquartered in Harleysville, Pa., and a co-producer
of the report. "The results of this research project
will be of interest to hundreds of businesses across
many industries who desire to capitalize on consumer
trends that will drive future spending."
Understanding
the LOHAS Market is based on a survey conducted in late
2001 among 2,267 general-population U.S. households.
The findings are nationally projectable and statistically
significant to plus or minus two percent. The research
report includes LOHAS market size and category data
as well as attitudinal, behavioral and comprehensive
product-usage
patterns. More than 100 variables were used to develop
the unique consumer-segmentation model. The research
comprises a vast array of measures and topics, including
50 LOHAS-related attitudinal statements; 19 LOHAS-related
terminology association drivers; awareness, usage,
and reasons for non-use across 45 specific products and
services
(including Durables, Consumables, Lifestyle products
and services, and Healthcare); and 26 sources of influence.
Understanding
the LOHAS Market: Identifying the LOHAS Consumer & Business and Branding Opportunities is
a joint research project of Broomfield, Colo.-based Natural
Business Communications, publisher of Natural Business
LOHAS Journal, and NMI. The research was sponsored by
the Wisdom Media Group, Natural Health magazine, Ethnic
Gourmet and the Esalen Institute.
Mr.
French and Frank Lampe, editorial director of LOHAS
Journal,
will present an in-depth analysis of the research
project at the upcoming Natural Business Market Trends
Conference, June 19-21, 2002, in Broomfield, Colo.
The
180-page Understanding the LOHAS Market report is available
for $2,995. Additional customized analysis
and statistical cross-tabulations are available
to identify
specific marketplace opportunities. For more information
or to order the report, visit www.NMIsolutions.com
or www.LohasJournal.com or call NMI at 215.513.7300,
ext.
214, or Natural Business Communications at 303.442.8983.
###
ATTENTION
EDITORS: Downloadable charts and images to accompany
editorial coverage are available
at either
website listed above.
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