white & green research studyb. interviews: small sample size (3 or 5) of ultra-specific...
TRANSCRIPT
White & Green Research Proposal
The purpose of this study is to provide an exploratory research study regarding “White &
Green” and if they should enter the United States Market or stay primarily in Europe.
White & Green is a luxury organic bed linen company based in Ireland. They are a family run
business that is focused on ethics and sustainability. Today, the cotton industry is renowned for
its human rights abuse and unethical practices. The OTA “Organic Trade Association”, a
nonprofit trade group, considers cotton “the world’s dirtiest crop”. Consuming and producing
non-organic cotton is both harmful to the environment and the farmers. This is why White &
Green prides themselves in staying above this endless cycle of poverty and abuse. They
participate in Fair trade compliances and make sure their producers are treated ethically and
fairly. Currently, many of their sales are coming from Europe primarily in Ireland and the United
Kingdom. They are running with the idea of possibly bringing the White & Green brand further
into to the United States.
The purpose of this study is to do an exploratory study into if this European based
company should venture more into the United States market. The central goal here is to see if
there is a market and need for White & Green to allocate more resources to selling in the United
States. Taking into account the current competitors already here and how their products resonate
with consumers in the USA. Also, how to Americans feel about both the “Green Market” and
also the interest in luxury bed linens. Today, consumers are not just looking at the products but
also looking to support a company who is involved and not just standing by. With this increased
concern in social, environmental, and ethical issues; Ethical companies like White & Green can
prevail.
Now more than ever people are more concerned with their social and environmental implications
associated with the products they are consuming. Given this exploring the insights regarding the
likelihood of a customer to make choices based on price or ethics. Also, looking to comparable
companies in the United States and seeing their success rates in this arena. It is also important to
note the limitations when it comes to collecting data in Europe compared to the States.
Objectives:
• FindingoutifWhite&GreenshouldbegintofocussellingtheirproductsintheUnited
States.
• TogaininsightsintoifthismarketanditsrelevancyandneedintheUnitedStates
Limitations
Noting however there are Limitations for primary resources methods for the European market. In
lieu of this obstacle, there is still access to creditable secondary research studies to further the
European perspective. With this, there are also challenges regarding large scale primary research
surveys for the United States market. With that, I will be conducting snapshots into the particular
market that share similar demographics to White & Green’s current client base.
Research questions:
What are consumer’s attitude towards organic products? Is there a strong and enriching relationship between consumer and product?
Who is the competition already in this United States industry?
Is the luxury bedding marketing a growing industry?
Are consumer more concerned with the environmental and social implications of their
purchases?
Is quality important when making a purchase?
Do consumers consider themselves green consumers?
Target Population and Sampling
1.) DefinetheTargetPopulation
a. WomenintheUnitedStateswhocareaboutthesocialandenvironmental
associationswiththeirpurchases.Theyappreciatequalitywhenmakinga
purchaseandareloyaltocompanieswithagoodmessagebehindthem.
2.) SelecttheDataCollectionMethod
a. In-DepthInterviews
b. OnlineSurvey
3.) IdentifySampleFrame:
a. Interviews:Groupofwomenwhomatchthetargetpopulation.
b. OnlineSurvey:FacebookGroupsfocusedonorganicandhomedesign.
4.) SamplingMethod
a. NonProbabilitySampling(basedonresearcher’sjudgment
5.) SampleSizes
a. OnlineSurvey:Ahighlevelofconfidenceisdesiredsincethismethodisbeing
conductedtofindanoverallcensusoftheviabilityofWhite&Greeninthe
UnitedStates.Forthis,asamplesizeofatleastover100participantswouldbe
necessary.
b. Interviews:SmallSamplesize(3or5)ofultra-specificconsumerswhereyouget
personalizedinsightsintoasampleofthetargetdemographics.
Why:
The subject population of this research is to identify the United States White & Green customer.
Similar consumers to the European market must be targeted here in America. I am looking
towards conducting both Descriptive and Exploratory Research to understand their given
mindset better.
Exploratory Research (Qualitative): objectives are finding and understanding the goal and
providing insights into a course of action.
Non Probability Sampling
I utilized Judgment Sampling due to the limited time and resources for this research. Here this
will provide insights from people who are perceived to meet the target demographic. This will
allow me to collect data from relevant consumers and make the study more specific and accurate.
Then be able to obtain this information through in-depth interviews from people (Around 3 or 5
participants) who fit the target consumer.
Census Sampling
This would be impossible for this study; however, through Sources like The U.S Census Bureau
and Euro Stat will provide accurate intel for population sizes.
Descriptive (Quantitative): Conducted through: Online Survey Method
This was conducted through Convenience Sampling since this is a challenging group to target.
Preferably getting specific data that pertains to my research methodology would be ideal. Here
this data will be used to find statistical outcomes that will either reject or accept the hypotheses.
Literature Review
Green Market Potential
The Market potential for organic, sustainable products has been increasing in the United
States for years and is strongly continuing on that path. “Over half of consumers in the United
States claim they would pay more for products knowing they were better for the environment”
(Venables Bell & Partners, 2010). Given this, “green” products aren’t for hippies, they have
become a main focus in the American market. Companies are trying to emulate other companies
who are going Green by revamping their products. There is an overwhelming initiative for
companies to become ethical responsible. It is no longer enough just to be silent anymore. This
gives White & Green great potential when coming into the United States. “In current market
scenario, the studies show that consumers are now health and environment conscious”.
(Kushwaha, 2015). Showing us there is great potential for this ever growing green market. In a
GfK MRI’s gold-standard Survey of the American Consumer® showed “ half (50%) of adults
say (agree “somewhat” or “mostly”) that they are willing to give up convenience in return for a
product that is environmentally safe” (Gfk-MRI, 2017). “Unilever’s ‘Sustainable Living’ brands
are becoming increasingly important to the company’s business, with these brands growing more
than 50% faster than the rest of the business and accounting for 60% of growth in 2016.”
(Unilever, 2017) . Showing that sustainable brands perform well and are good for both image
and profits. Previous research showed that consumers have a positive attitude towards
environmental protection (Arvola et al., 2008, Ellen et al., 2006, Liu et al., 2012, Vermeir and
Verbeke, 2006). “In fact, consumers have, in the past, expressed their demand for green products
to companies” (Bockman et al., 2009, Schmeltz, 2012).
How the “green wave” and the luxury goods industry
Green luxury has been on the rise with companies understanding that they to be more
interactive when it comes to their social and environmental practices. “Investors and consumers
alike will favor those luxury companies which are ethically responsible.” (Roberts, Research
Monitor)Noting that, not only are customer involved in the “Green Wave” but also investors
understand the great potential for a great ethical company. “While investors bought just $3
billion of these bonds in 2013, they scooped up $49 billion worth in 2017, bringing the total sold
since 2013 to $113 billion at an average of $308 million per offering” (Flammer,2018).
Stella McCarthy is a well-established luxury 100% organic fashion and cosmetics brand.
Here they have shown that the green trend is here to stay and companies ignoring it have a lot to
lose. “Consumers are becoming more sensitive about sustainable development, fair-trade and
environmentally friendly products” (Claquin, Research Monitor). California based clothing
company, Reformation is making waves in the fashion industry. They are a high-end sustainable
brand that every social media influencer raves about. They understand the need for better ethical
options in the luxury market and are capitalizing on this endeavor.
United States consumers care about social and environmental factors when they make a
purchase
In a recent study by Nielsen, they are showing the impact sustainability has on sales.
“products with sustainability claims generally outperformed the growth rate of total products in
their respective categories.” (Nielsen, 2018). Alongside this, a 2017 by Cone Communications
(CSR Study) looked into how Americans see ethical companies compared to unethical
companies. Finding that “63% of Americans are hopeful businesses will take the lead to drive
social and environmental change moving forward”. Then showing what actions are derived from
that claim, “87% will purchase a product because a company advocated for an issue they cared
about and 76% will refuse to purchase a company’s products or services upon learning it
supported an issue contrary to their beliefs” (Cone Communications CSR Study, 2017). While in
a 2017 Unilever study they found that just 33% of consumers in London, UK chose to shop from
brand doing social good. (Unilever, 2017).
Value of the United States Luxury Bedding market
The opportunity for Luxury Bedding marketing is significantly growing in both the
United States and Europe. “North America is expected to witness significant growth in global
luxury bedding market with “global online retail segment was valued at US$ 2,171.22 billion in
2016, and is expected to reach US$ 9,572.96 billion by 2025” (Coherent Marketing Insights,
2018). However, Europe holds the largest share in the global luxury bedding marketing with
33% of the global revenue share as of now. Another key player in this market is the rapid growth
of demand for luxury bedding in the Asia-Pacific market. “Asia Pacific is expected to account
for significant market share in the global luxury bedding market, in terms of revenue over the
forecast period.” (Coherent Marketing Insights, 2018).
“The U.S. luxury market is the world’s largest, by far. Totaling an estimated €64.9
($73.6) billion in 2014, is larger than the next four largest markets combined” (D’Arpizio, 2015).
A growing factor the growth of E-commerce sales in this market E-commerce continued to be a
disrupter within luxury goods in 2018. Not only has internet retailing become important for
leading luxury brands, accounting for a growing proportion of their sales (Euromonitor
International, 2018).
“Luxury Bedding companies are mainly from Europe and United States, the industry
concentrate rate is low. The top three companies are WestPoint, Pacific Coast and Hollander,
with the revenue market share of 9.80%, 6.99% and 5.67% in 2016.” Here, are some of the
highest performing luxury bedding companies In the United States.” (SBwire, 2017) However,
this in reference to companies who lack a prominent organic sustainable imagine. In correlation
with the prosperous sustainable market in collaboration together with then luxury bedding
market has potential for an affluent role in the United States. “These days the links are clear to all
luxury brands with an interest in the long-term availability of their raw materials, from cotton to
cashmere to leather.” ( TE Organic Cotton Market Report, 2016) . Luxury and sustainability are
starting to come together as brands are become more self-aware.
E-bedding market in the United States
There are a few players in the luxury bedding e-commerce in the United states
make big waves and high profits. “Parachute is one of a growing number of startups that are
aiming to capitalize on the e-bedding market gap. Startup Brooklinen did more than $1 million in
sales in 2014, its first year”( Griffith,2015). Many of these companies found demand
overwhelming and found it a challenge to even keep inventory in stock. The CEO of Boll &
Branch (New Jersey Based Bedding Company), cites two trends: “the Internet, and
affordable luxury products” (Tannen, 2015).
Population (Ireland, UK, and The U.S) (As of Feb, 2019)
Speaking towards the poll of potential consumers the United States has more people then both
the UK and Ireland combined. While the USA has bigger poll of people here we want to see if
these are the right people who would be interested in White & Green.
Ireland: 4.78 Million
United Kingdom: 66 Million
United States: 325.7 Million
Competitors in the United States Analysis Current Competition
Since sustainable luxury bedding is a niche market, there are still many other factors that need to
be considered. Before entering a new territory, it’s imperative to acknowledge the companies
that can pose competition in the luxury bedding market. Since it isn’t a heavily researched area it
helpful to look at similar companies and see what they are doing right.
3 Comparable Competitors in This Industry:
Parachute
Popular sheet sets $449 (King Set)
Boll & Branch
Popular sheet sets around $250 (King Set)
Brooklinen
Popular sheet sets around $300-$392 (King Set)
Quality and Sustainability
How important are quality and sustainability when making a purchase? Through data collection
methods identifying finding where these consumer are willing to spend more money. Overall,
found that Consumers are willing to spend more money on ethical/environmentally/quality
products rather than just organic currently.
Methodology
Hypotheses:
1.) Consumers are more likely to reject companies who engage in unethical practices.
2.) People in the United Sates are growingly concerned about more organic alternatives.
3.) Both with the increased awareness of how sleep effects your health and also the
consumers need for ethical options, People will likely buy from White & Green and
People would recommend friend to White & Green
4.) Quality is a main determinate that people look for in a brand
Qualitative Data Proposal
Administrative Methods – Person Administered
1.) In- Depth Interviews (IDI)
a. Semantic differential scale
I gathered insights into areas that are hard to identify with secondary research, there is still a
need for some primary research collection. Noting the limited opportunities for primary research
collection some of this data will have its limitations. Since the United States is a large poll of
people, a small sample size isn’t justifiable within those numbers. However, being able to target
customer that are within their White & Green target marketing and acquiring information for
those polls
Understand research participants:
IDI Interviews:
Here I Conducted interviews with middle-older aged women and their buying habits
I am used judgment to find willing participants to complete an anonymous interview. This
allowed them to be more honest, and people are sometimes are less willing to honestly answer a
question when their name is attached.
Questions asked:
Is quality something you look for when making a purchase?
Is social and environmental standards something you keep in mind when making a purchase?
Would you pay more for a company who ethical and environmentally conscious?
Do you look to buy organic products when making a purchase unrelated to food?
Is Fairtrade something you would be willing to pay more for?
Where do you currently purchase your bed linens from?
What comes to mind when you hear luxury bedding?
Quantitative Proposal Administrative Methods – Self-Administrative (online)
2.) Online Survey (Facebook sustainability group) a. Likert Scale (Extend of strongly agree to strongly disagree)
Strongly Agree Agree Neutral Disagree Strongly Disagree Survey Questions: Too often, the things I buy aren’t satisfying Source: Handbook of Marketing Scales Results: mean 3.27 I consider myself a green consumer Source: Green Marketing Effects on the Consumer Results: mean 2.77 I would be willing to stop buying products from companies guilty of unethical practices even though it might be inconvenient Source: Handbook of Marketing Scales Results: mean 2.2 I would prefer to buy an organic product rather than a conventional one Source: Frontiers in psychology Results: mean 2.8 In general, I usually try and buy the best overall quality? Source: Handbook of Marketing Scales Results: mean 2.33 I shop at retailers that make a conscious effort to improve the environmental impact of their products. Source: 2009 GMA/Deloitte Green Shopper Study Results: mean 2.5 It is important that consumers buy organic products?
Results: mean 2.83 I would consider buying Organic products that are not just food products Results: mean 2.53 organic cotton linens are better value than non-organic liens? Results: mean 2.97 organic cotton linens are better comfort than non-organic liens? Results: mean 2.98 organic cotton linens are better environment than non-organic liens? Results: mean 2.71 I would likely buy linens from this company? Results: mean 2.29 I would recommend a friend buy linens from this company? Results: mean 2.6 Results
Results Qualitative Analysis:
Interview 1 Jane Doe (Age: 51) 1: Medford Lakes, New Jersey
Is quality something you look for when making a purchase?
Is quality something you look for when making a purchase?
• Depending on the products - if it’s something that she will get a lot of use out of / use
for a long time.
• She would rather spend money on a really great product rather then something that
doesn’t met quality standards.
• Overall, quality > quantity
• Clothing was an important when it comes to quality (she would rather spend more on
a few pieces that will last her a long time then multiple cheaper options).
Is social and environmental standards something you keep in mind when making a
purchase?
• More recently, she has started to support brands who are ethical and environmentally
conscious.
• Hasn’t been as environmentally focused as she would like. Working up towards it.
• Overall, wants to be more strict on her environmental standards.
Would you pay more for a company who ethical and environmentally conscious?
• Feels better about making a purchase/ spending more when she knows it is going to a
well-deserved cause.
Do you look to buy organic products when making a purchase unrelated to food?
• She buy organic fruits and vegetables since she knows they aren’t not treated with
any chemicals.
• Hasn’t been as big to her in the past, but more so in recently.
• Buys her granddaughter organic baby clothes/blankets
Is Fairtrade something you would be willing to pay more for?
• Talked about what Fairtrade was generally (unethical practices)
• She would support a company who gives back/treats their workers well and doesn’t
exploit them.
• She knows exploitation goes around in the world and would love to support a
company fighting against that.
Where do you currently purchase your bed linens from?
• Target and Crate & Barrel are we she purchases. (not committed to them it was just a
matter of convenience)
• Asked her why - she says it easy and she hasn’t has any complaints
• Asked are they the best bedding you have had? “No, they are kind of just average
nothing that I would rave about.”
• Nothing special coming from her current bed sheets.
What comes to mind when you hear luxury bedding?
• Hasn’t particular been exposed to the industry
• Hasn’t heard of the three main us competitions (Boll & Branch, Broklinen, and
Parachute)
• Would be willing to try out a great quality ethical brand.
Interview 2 Jane Doe (Age 46) 2: Tabernacle, New Jersey
Is quality something you look for when making a purchase?
• Qualityisimportant;maynotgooutoftheirwaytogetthehighestqualitywhenthere
aresimilaroptionsthataresomewhatcomparable.
• Theystillvalueagreatdeal
Is social and environmental standards something you keep in mind when making a
purchase?
• Yes,shelikestosupportcompanieswhoareethicalintheirpractices.
• Concernedaboutherimpactonthisearthandthinkseveryonecoulddomore.
• Sheaswellsheseestheconditionsmaypeopleareputunder.
• Wantsworkerstoreceiveandfairwageandnotbeputindangerousworking
conditions.
Would you pay more for a company who ethical and environmentally conscious?
• Yes, she sees no problem in paying extra if the product is in fact worth that extra cost
• She brings up greenwashing and how companies may try to use the “green mask” while
in reality it’s not green at all.
• She wants information in exactly why this product is environmentally and social
conscious.
Do you look to buy organic products when making a purchase unrelated to food?
• Sees the most display of organic products when food shopping. Doesn’t always see the
same in regards to other products.
• When she does see products (non-related to food) that are organic - she is more interested
in that product.
Is Fairtrade something you would be willing to pay more for?
• She buys Fairtrade coffee already.
• Loves the Fairtrade movement and would love to incorporate more Fairtrade into her
buying habits.
Where do you currently purchase your bed linens from?
• Macy’s, Amazon, and Target
What comes to mind when you hear luxury bedding?
• High end quality, very soft and pretty (Bedding at the Ritz Carlton)
Interview 3 Jane Doe 3 (Age: 56) 3: Burlington, VT Is quality something you look for when making a purchase? Is quality something you look for when making a purchase?
• She wants good quality, but not overpriced.
• She sees the benefits in buying a piece that will last awhile that she will enjoy opposed to
settling for something that will not last and is subpar.
Is social and environmental standards something you keep in mind when making a
purchase?
• Totally, she tries to use less plastic and reduce her waste every day.
• Drives a hybrid car
• “Does what she can”
Would you pay more for a company who ethical and environmentally conscious?
• Yes, she supports/ goes out of her way to support a company that puts ethical at the front
of their business plans.
• Feeling they have a responsibility to their workers and the planet
Do you look to buy organic products when making a purchase unrelated to food?
• She doesn’t focus on buying organic and going to the Farmers market during the summer
opposed to buying produce at major supermarkets
• Would be supportive of organic clothing brands that are sustainable.
Is Fairtrade something you would be willing to pay more for?
• Fairtrade Is a new concept (for her) that she can get behind
• After the ethical and social implications she has her about big companies (outsourcing)
• Whats people not to suffer for our convenience
Where do you currently purchase your bed linens from?
• Bed Bath & Beyond & Macy’s
What comes to mind when you hear luxury bedding?
• Nice,beautifulsheets(likethedetergentadswiththeperfectfluffysheetsinthem)
• Highercostthendepartmentstore
• Hasnotpurchasesanysheetsthatare“luxury”
Quantitative results Sample size: 108 Test ran from a scale from 1 being strongly agree to 5 being strongly disagree Hypotheses 1. Consumers are more likely to reject companies who engage in unethical practices.
Accepted
1.) I would be willing to stop buying products from companies guilty of unethical practices even though it might be inconvenient:
a. In the data set the significance level is less then .05 - Reject the null hypotheses b. Mean 2.20 - respondents are likely to agree
Hypotheses 2 People in the United Sates are growingly concerned about more organic alternatives.
Rejected
This test was run to see the purchases intentions for the environmental, organic, and comfort perspectives of organic bed liens.
1.) Organic cotton linens are better value than non-organic linens. a. Significance level is greater than .05 – Accept the null hypotheses b. Mean 2.97: overall neutral responses
2.) Organic cotton linens are better for the environment than non-organic linens. a. Significance level is less than .05 –Reject the null hypotheses b. Mean 2.71: respondents are likely to agree
3.) Organic cotton linens are more comfortable than non-organic linens. a. Significance level is than .05 – Accept the null hypotheses b. Mean: 2.98: overall neutral responses
1.) I would prefer to buy an organic product rather than a conventional one a. Significance level is than .05 – Accept the null hypotheses b. Mean 2.83 – less likely to prefer organic
2.) It is important that consumers buy organic products. a. Significance level is than .05 – Accept the null hypotheses b. Mean: 2.8 – less likely/ not as important
Hypotheses 3 People will likely buy from White & Green People would recommend friend to White & Green Accepted
1.) I would likely buy from this company a. Significance level less then .05 – Reject the null hypotheses b. Mean 2.29: Respondents are likely to buy from White & Green
1.) I would recommend a friend buy linens from this company a. Significance level less then .05 – Reject the null hypotheses b. Mean 2.60 - Respondents are likely to recommend White & Green to a friend
Hypotheses 4 Quality is a main determinate that people look for in a brand
Accepted
1.) In general, I usually try and buy the best overall quality a. Significance level less then .05 – Reject the null hypotheses b. Mean 2.33 – Quality is important when making a purchase
Analysis/Recommendations
Disclaimer: this was a small samples size of 107 respondents and 3 Interviews Recommendation 1: A company’s ethical practices are a main influence on consumer’s purchasing habits.
In H1 we had a significance level of zero showing us that ethical practices were at the forefront
of concern when shopping. People would likely stop shopping from their current retailers that are
guilty of unethical practices. In table 1 (below) you can see that the chart was skewed to
agreed/strongly agreed side and fell off when it came to disagreed/strongly disagreed side. From
the data gathered here, it would be in the best interest to advertise/market about the ethical
standard of White & Green’s products in the American market. Possibly educating the
consumers on the harmful practices of the cotton industry and showing them the ethical practices
that White & Green follows.
The Qualitative interviews coincided positively to ethical spending – they would spend more
knowing a company prides themselves in high ethical standards. Also, in the secondary data, it
was found that consumers are more likely willing to shop from an ethical brand.
Recommendation 2: In H2 the data collected showed that organic might not be as essential to consumers as initially
predicted. However, alternatively, this could also indicate they are not yet versed in the
significance of the organic bedding industry. During my secondary research, it was shown that
this organic bedding concept is a growing/emerging industry. The opinions about the comfort
and if organic linens are overall better than non-organic linens were met with neutral results.
This could mean people are unsure and don’t have a formulated opinion on this particular area.
With the question regarding if organic linens are better for the environment was met with a more
significant outcome. People had more of a positive opinion toward this with a mean of 2.98.
Coming from that, ethical angle practices and environmental benefits could be a better area focus
on coming into the market. Overall, organic wasn’t the main selling point from the data
collected, and it leaned more towards ethics/environmental concerns.
The qualitative interviews showed some unfamiliarity with the organic bedding industry which
shows new market potential. While in the quantitative survey it was shown that organic bedding
was a rather neutral area this suggests that people aren’t educated in this space. Moving forward,
this can be a great opportunity to educate the consumer and show them the benefits, since they
are already focused in ethics and the environment.
Recommendation 3: People are showing an interest in White & Green and say that they would buy/recommend a
friend to White & Green. This is indicating an interest in this market in the United States and
shows positive feedback on the company’s image/messaging. Moving forward the brand image
and messaging resonates well with consumers.
In the individual interview, they didn’t have strong allegiance toward a particular bedding
company. They also weren’t too familiar with the concept of a luxury/organic bed sheet. This is
an indicator that there is a gap that White & Green would be able to fill in this market. Showing
People that this can be their go to company for high quality, ethical and, organic products that
they are missing.
Recommendation 4: From the data collected in the survey, it was shown that quality is vital to consumers. They
haven’t been very opinionated regarding organic, but quality had a majority agreeing that quality
is something they look for when shopping. This was a very positive result with a mean response
of 2.33 (the highest found) showing clear that quality is an essential factor.
The interviews showed that people care about quality, given this it would be beneficial to
continue showing that White & Green has excellent quality and showing that you are a more
affordable luxury option than your competitors. The median price for bedding set is listed for
Parachute, Boll & Branch, and Brooklinen in the competitive analysis.
White & Green should enter the American Market 3 Main Rationalities
1.) Luxury Bedding is a growing market 2.) People are concerned about the ethics and environmental implications of their products 3.) Quality is of substantial importance when shopping
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