Research Study to Break New Ground in Understanding Consumers
Sales of cut flowers have decreased recently in the U.S. floral market. Some experts posit that this could be correlated with changes in disposable income, causing some consumers to move to the lower-value end of the market. Others contend that this decrease in floral purchasing could also be due to barriers such as price or the availability of alternative gift items. Regardless of the reason, more than half of the retail floral industry revenue is comprised of sales of floral arrangements, so if we are to have any hope in influencing future purchases of flowers it is essential for industry participants to better understand consumer behaviors and opinions regarding purchasing flowers.Enter the new study from Floral Marketing Research Fund, co-sponsored…
