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FOR
IMMEDIATE RELEASE
Contact:
Nancy White
The Natural Marketing Institute
215.513.7300 ext. 225
Nancy.White@NMIsolutions.com
Paul Ray to Contribute to 2003 LOHAS
Consumer Research Project
Harleysville,
Pa. (December 18, 2002) — Renowned sociologist
and author Paul H. Ray, Ph.D., has entered into an agreement
with the Natural Marketing Institute (NMI) and Natural Business
Communications, a division of Conscious Media Inc., to provide
expertise and analysis for the companies' upcoming
2003 Understanding the LOHAS Market research project.
LOHAS
is an acronym that stands for Lifestyles of Health and
Sustainability and describes a growing, $230 billion
U.S. market
for goods and services that includes natural and organic
foods and personal care products, supplements and medicines,
renewable
energy and transportation, personal development, green
building, and other socially responsible and environmentally
friendly
products.
As
part of the relationship, Ray, who coined the term Cultural
Creatives and who, with his wife, Sherry Ruth Anderson,
Ph.D., wrote The Cultural Creatives: How 50 Million
People Are Changing
the World, will contribute a series of proprietary consumer
segmentation questions for inclusion in the annual LOHAS
survey of U.S. households that will provide additional,
in-depth analysis
of values-based consumers. The information will be included
in a new chapter authored by Ray in the 2003 Understanding
the LOHAS Market general report, due for release in June
2003.
Additionally,
Ray's analysis will help sponsor companies
to further target their sales and marketing efforts to this
highly desirable consumer group. Ray has more than 15 years
of experience in studying and analyzing Cultural Creatives
and the values-oriented segment of the population.
The
2002 LOHAS project, based on primary research of 2,267
U.S. general population consumer households and released
in May 2002, revealed that 30 percent of the U.S. population — or
63 million adult consumers — are likely to make purchasing
decisions based on their social and environmental values and
the values of the companies that serve them. As a market, they
have more than $1.2 trillion of disposable income, according
to Ray's research.
Corporate
sponsors for the 2003 LOHAS research project are currently
being finalized. Sponsorship allows companies to
include their own proprietary questions in the survey and
includes other deliverables such as data tables and a custom
report/executive
presentation – as well as the 150+-page LOHAS general
report that investigates consumers' attitudes and beliefs,
sources of influence, product usage and reasons for non-usage.
"Paul
Ray's contributions to the 2003 project will add
tangible new data and analysis to what is already an extremely
comprehensive look at values-based consumers," says
Steve French, NMI managing partner. "With Paul's
insight, the research will provide an even greater window
into how
companies can identify, target and communicate with this
emerging consumer
segment."
For
information on the 2002 report or on sponsoring the 2003
Understanding the LOHAS Market project, visit www.NMIsolutions.com
or contact Steve French at 215-513-7300, ext 214.
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