NPD: Most shoppers say price has to be right before they shop
Price trumps sales and special deals, customer service and convenience as a factor in deciding where to shop for the majority of U.S. consumers, according to a survey by The NPD Group.
NPD’s The Economy Tracker, a monthly monitor of consumer sentiment about the economy and spending, found that in the most recent survey, 85% of U.S. consumers said that price will be an extremely important/important factor in deciding where to shop in the near future, 10% more than those who feel sales and special deals are extremely important/important.
By income, 87% of those in the household income bracket of $25,000 to $50,000 selected price as extremely important/important, 85% in the $50,000 to $100,000 income bracket, and 82% in the $100,000-plus bracket.
Seventy-nine percent of young adults, 18 to 34, 86% of 35- to 44-year-olds, 88% of 45- to 54-year-olds, 89% of 55- to 64-year-olds and 86% of 65 and older said that price was extremely important/important.
“Shoppers are now savvier when spending money. They have new ways of gauging the marketplace — they can compare prices on the Web while at home or while standing in a brick-and-mortar store with their smartphones,” said John Deputato, senior VP advanced analytics at NPD. “We certainly have moved to a time of calculated consumption for shoppers … and price has come to the forefront of the purchase decision.”
The NPD Group is
The NPD Group is headquartered in Port Washington, New York with offices across the United States, Asia, the United Kingdom, the European Union, and in Sydney, Australia. Boat Storage
NPD offers consumer panel and
NPD offers consumer panel and retail sales tracking services, special reports, modeling and analytics, and custom research.Covered industries include apparel, appliances, automotive, beauty, consumer electronics, food and beverage, food-service, footwear, home improvement, housewares, imaging, information technology, movies, music, software, toys, video games and wireless. chrome emblems
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The NPD Group, Inc. (formerly
The NPD Group, Inc. (formerly National Purchase Diary) is a leading North American market research company. The NPD Group consistently ranks among the top 25 market research companies in the independent Honomichl Top 50 report, which the media and the research industry acknowledge as a credible source of information on the market research industry. Xbox 360 Repair
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Two bath suppliers announce alliance
TOTO, the plumbing manufacturer best known for its high-end toilets, and Villeroy & Boch, a leading European bathroom brand, have announced a sales alliance that will make all Villeroy & Boch USA bathroom products available through the distribution and sales channels of TOTO USA. This will include a complete range of products, such as toilets, decorative lavatories and washbasins, tubs, showers, accessories, vanities and bathroom furniture.
For TOTO USA’s distributors and high-end kitchen and bath showrooms, the new alliance will provide them with the opportunity to add the European-styled Villeroy & Boch USA products to their businesses. As is the case with TOTO USA products, Villeroy & Boch USA products are available only to the trade. The two brands will be positioned to complement each other in showrooms.
Villeroy & Boch USA customers can continue to order products through its New Jersey facilities until Aug. 31. As of Sept. 1, 2012, all Villeroy & Boch USA products will be sold through Morrow, Ga.-based TOTO USA only, and TOTO USA will handle all sales, logistics and customer support matters.
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AZEK adds moulding styles to its collection
Scranton, Pa.-based AZEK Building Products introduced new architectural moulding styles for ornate, classic or historic designs.
With the addition of a group of four new creative moulding profiles, AZEK Mouldings now includes 25 distinct moulding profiles that endure weather or assist in water management. The new styles are:
• AZEK Crosshead Pediment: This profile consolidates three unique profiles in one — a trimboard, rams crown and drip edge. Commonly used above the entranceway or garage door, this profile provides a classic and distinctive layered look. Because it’s pre-formed, it saves the time and labor of cutting and installing three separate profiles.
• AZEK Cove Crown: This profile may be combined with others to create elaborate crown moulding profiles and is typically used along the intersection of a wall and ceiling.
• AZEK Eight-Inch Crown: This larger version of the popular traditional crown moulding provides a stately appearance and is most commonly used along the intersection of a wall and ceiling. Built-up profiles can be created by combining this with other mouldings for an ornate statement.
• AZEK Fluted/Reeded Casing: This reversible profile provides two moulding options in one. Reed mouldings are often used to build elaborate door and window casings, while fluted profiles are standard when building Neoclassical style-casing mouldings.
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