Green Options » price premiums http://greenoptions.com/tag/price-premiums Posts tagged 'price premiums' Thu, 05 Mar 2009 15:00:30 +0000 http://wordpress.org/?v=2.5.1 en Recession Could Make or Break Market for Green Products http://redgreenandblue.org/2009/03/05/can-green-get-more-lean/ http://redgreenandblue.org/2009/03/05/can-green-get-more-lean/#comments Thu, 05 Mar 2009 15:00:30 +0000 Stephen Boles http://redgreenandblue.org/2009/03/05/can-green-get-more-lean/

Given that overall US consumer spending in the fourth quarter of 2008 fell by its largest margin in almost 30 years, one has to wonder how the market for ‘green products’ will be impacted by this recession. Leading up to the economic downturn the momentum of the green economy was chugging along splendidly. The consumer demand for environmentally-friendly products was at an all-time high, even if the products were priced at a premium over standard options.

A recent survey by the consumer research firm Mintel explored the green buying preferences of Americans during this recession. The results should serve as a wake-up call to producers and retailers of green products.

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