-By Stacy Straczynski
Although some recent consumer research indicates that you’ll still
need a crowbar to pry open the majority of shopper’s wallets, the
ORC Guideline reports that many Americans are willing to part with
their precious dollars to support eco-friendly initiatives.
The national survey, released yesterday, found that a product’s
“energy footprint” influences 77 percent of consumers’ purchasing
decisions, with 76 percent willing to pay more at the register for
environmentally friendly products. The telephone study polled 1,004
employed adults living in private households, from May 1 through
May 4.
Green appeal carries over to the workplace, where 74 percent of
U.S. employees believe organizations should take action to lead
eco-friendly initiatives. The majority of these green-minded
workers (64 percent) would be willing to support their
organization’s sustainable initiatives at the cost of a smaller
paycheck.
“The study’s findings seem to debunk a common perception that
people will go green as long as it doesn’t cost them,” said Aaron
Franklin, project director at ORC Guideline, which is part of the
global firm Opinion Research Corp., in a statement. “In fact, in
both the workplace and in the store, people seem to be willing to
put their money where their values are.”
Study: Being Green More Valuable than Price
June 4, 2009
-By Stacy Straczynski
Although some recent consumer research indicates that you’ll still need a crowbar to pry open the majority of shopper’s wallets, the ORC Guideline reports that many Americans are willing to part with their precious dollars to support eco-friendly initiatives.
The national survey, released yesterday, found that a product’s “energy footprint” influences 77 percent of consumers’ purchasing decisions, with 76 percent willing to pay more at the register for environmentally friendly products. The telephone study polled 1,004 employed adults living in private households, from May 1 through May 4.
Green appeal carries over to the workplace, where 74 percent of U.S. employees believe organizations should take action to lead eco-friendly initiatives. The majority of these green-minded workers (64 percent) would be willing to support their organization’s sustainable initiatives at the cost of a smaller paycheck.
“The study’s findings seem to debunk a common perception that people will go green as long as it doesn’t cost them,” said Aaron Franklin, project director at ORC Guideline, which is part of the global firm Opinion Research Corp., in a statement. “In fact, in both the workplace and in the store, people seem to be willing to put their money where their values are.”