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<title>goodpurpose - PRNewser</title>
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<title>Survey: Majority  Willing to Pay More For Socially Conscious Brands</title>
<description><![CDATA[<p>Edelman <a href="http://www.reuters.com/article/pressRelease/idUS96219+21-Oct-2009+PRN20091021">released</a> their third annual goodpurpose study findings today. The study involved more than 6000 people in 10 countries and revealed consumers&#8217; &#8220;rising expectations of brands and companies in the social purpose space.&#8221; The highlights:</p>
<blockquote><p>61% of people have purchased a brand that supports a good cause even if it wasn&#8217;t the cheapest brand (56% for U.S.)</p>
<p>83% are willing to change consumption habits if it can help make the world a better place to live (85% for U.S.)</p>
<p>63% are looking to brands and companies to make it easier for them to make a difference (65% for U.S.)</p>
<p>Two out of three people would prefer a hybrid car (67%) to a luxury car (33%)</p>
<p>70% would prefer an eco-friendly house to merely a big house (30%)</p></blockquote>
<p><strong><a href="http://www.mediabistro.com/Mitch-Markson-profile.html">Mitch Markson</a></strong>, Chief Creative Officer and President of Brand Consulting at Edelman founded the survey. When asked about its implications, he told PRNewser, &#8220;I see it as a real cultural shift, probably somewhat based on everyone being fed up with both the economy and a little bit of the rage people have with big bonuses which certain sectors are being given.&#8221;</p>
<p>&#8220;People are readjusting what happiness and success really means,&#8221; he said. &#8220;It may sound &#8216;Kumbaya,&#8217; but based on three years of this data, there really is a consistency that says something is happening out there.&#8221;</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Joe Ciarallo</dc:creator>
<comments>http://www.mediabistro.com/prnewser/survey-majority-willing-to-pay-more-for-socially-conscious-brands_b2299#disqus_thread</comments>
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		<category><![CDATA[goodpurpose]]></category>
		<category><![CDATA[Mitch Markson]]></category>
<pubDate>Wed, 21 Oct 2009 12:15:06 +0000</pubDate>
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