The results from a new consumer research study, “U.S. Consumer Perceptions & Willingness to Pay for Sustainable Environmental Practices in the Floral Industry,” are now released. The study was led by researchers at Mississippi State University (MSU) and Texas State University (TSU).
This project was funded by Floral Marketing Fund (FMF), alongside co-sponsors, BloomNet®, a floral services company serving more than 5000 local florists across the country, and Syndicate Sales, a leading manufacturer/supplier of floral hard goods for retail florists.
The primary purpose of the study is to gain an understanding of consumer perceptions as they relate to retail floral providers’ sustainable and environmentally friendly practices.
Key findings include insights into consumers’ willingness to make purchases and pay additional costs for flowers from retailers practicing sustainability within their businesses. The data also shows where and how often consumers are marking floral purchases, with a majority purchasing flowers three to four times a year (35.0%) to once or twice a year (22.1%) in person (65.3%).
Focuses within the data include locally sourced flowers, organic, fair-trade, composting, multi-use materials, and more. Discoveries include trigger phrases like “locally sourced” to be impactful when consumers make purchasing decisions. Retailers will be able to use these findings to better promote their sustainable practices to consumers in ways that the consumers want to see.
Consumers are keeping sustainability in mind, and 50% or more of the participants indicated a willingness to pay 10% or more for all of the sustainable attributes presented in the study. The participants were asked to rank the list of environmental attributes from most important to least important, showing which sustainable practices matter the most to each consumer group.
Additionally, the final report includes findings explored by age, education, income, gender, and ethnicity to give more detailed insights for retailers to use when considering their target customer base.
The study collected data through an online survey providing a sample of over 2,000 responses that align closely with that of the overall demographics of the U.S. All three of the co-sponsors and additional industry leaders provided input on the survey questions and layout through a collaborative effort to ensure the most meaningful results for the industry. The survey instrument consisted of 31 questions within four different sections and was assembled using past surveys which explored consumers’ preferences and purchasing habits for floral products and views toward environmental certifications and awards.
These results and consumer data will aid in helping thousands of floral providers make decisions regarding how to structure their businesses to become more environmentally friendly in ways that consumers most care about.
Click here to read the full report
For more information:
Floral Marketing Fund
[email protected]
floralmarketingfund.org