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FOR IMMEDIATE RELEASE
Contact:
Nancy White
The Natural Marketing Institute
215.513.7300 ext. 225
Nancy.White@NMIsolutions.com
Green is Essential, But Is It Enough?
Second in a series of seven trends
based on NMI’s
extensive LOHAS consumer insight.
Harleysville, Pa. (July 2007) – The
Natural Marketing Institute (NMI), the leading provider
of strategic consulting, consumer insights and market research
services for the health, wellness and sustainability marketplace,
today expanded on key findings from their proprietary LOHAS
Consumer Trends Database™ , an annual study
of the U.S. general population regarding all facets of the
ethical consumerism groundswell.
There has been a recent proliferation of new
products and services in the marketplace that are being touted
as “green”, “eco”, “sustainable” and “socially-conscious”. In
part, manufacturers are offering these products in response
to consumer demand and to seek out new market opportunities
to drive growth and differentiation. These new products and
services are appealing to a significant portion of the population.
According to NMI’s LOHAS Business Director Gwynne Rogers, “In
addition to green benefits, many LOHAS-related products and
services are now balancing their offering with conventional
benefits that appeal to a wider consumer base. For example,
some consumers are motivated to purchase hybrid cars in order
to save money on gasoline, with environmental impact
being a secondary or feel good benefit.”
Sales of other green products have also increased
due to declining price premiums (such as the case of renewable
power) and improved product performance (for natural household
cleaning products). In addition, LOHAS products are also
becoming more convenient to purchase requiring fewer trips
to specialty retailers. Recycled paper products are widely
available at stores such as Office Depot and Staples. And
big box home improvement stores are selling natural and organic
lawn care products, among other eco-related items.
NMI believes that the continued growth of
green and socially-conscious products will be based on the
ability of product and service manufacturers to provide this
suite of balanced benefits to consumers. Providing “green” benefits
is an important differentiation and provides meaningful value
to consumers, but many consumers expect additional (or at
least comparable) performance. Particularly for manufacturers
who need to achieve a larger critical mass in the market,
targeting not only LOHAS consumers but also NATURALITES may
be needed, which elevates the importance of products and
services being able to communicate the optimal mix of both
green and conventional benefits. As such, finding such a “sweet
spot” is vital to the success of many green initiatives.
NMI's annual proprietary LOHAS Consumer Trends Database™,
conducted since 2002, is the only vehicle that covers the
LOHAS market across a broad range of attitudes, behaviors,
product usage rates, lifestyle patterns, and trends in this
marketplace. LOHAS is an acronym for Lifestyles Of Health
And Sustainability and describes an integrated, rapidly growing
market for goods and services that appeal to consumers who
have a meaningful sense of environmental and social responsibility
and incorporate those values into their purchase decisions. For
more information, please visit the NMI website at www.NMIsolutions or
contact NMI at 215-513-7300.
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The Natural Marketing Institute is
the leading strategic consulting, market research and
business development company specializing in the health,
wellness and the sustainability marketplace. For more
information on NMI, visit NMI’s
web site at www.NMIsolutions.com.
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