Published:
Perceptions of Green Marketplace are Evolving
BOULDER, Colo., July 3 /PRNewswire-USNewswire/ -- Perceptions of the green
marketplace and green consumers are changing. The LOHAS 12 Forum
(www.lohas.com/forum), which took place June 18-21, opened the door for some
lively discussions and eye opening realizations about the evolving trends and
the progression of the "green purchaser". The LOHAS consumer, the individual
who makes purchasing decisions based on their values of personal and planetary
health and benefit, accounts for a healthy 19% of the overall LOHAS
marketplace. However, according to several key note speakers and LOHAS
conference luminaries, while they continue to be the primary influencers, they
are no longer the primary focus of businesses developing more eco-friendly
products and services.
The LOHAS consumer base has remained static for several years, while the
overall LOHAS marketplace continues to grow. More and more individuals have
come to appreciate the value and attributes of products offered in the green,
fair-trade, eco-friendly and organic market area; but are not at all
interested in changing their purchasing habits. They are instead looking to
their familiar and favorite products, businesses and organizations to
incorporate strategic and sustainable, green practices. The LOHAS 12 Forum
disclosed that this will be the next wave in business. In fact, according to
The Natural Marketing Institute (NMI), the LOHAS marketplace is expected to
nearly double in size, from $209 billion to an incredible $400 billion by
2010.
The Forum showcased the melding of two different worlds: corporate and
boutique. The collaborations allowed for attendees to recognize that not all
big businesses are out of tune with the ideals of going green and being
sustainable. One particular, controversial, panel discussion was a highlight
of the Forum, where Rand Waddoups, the Senior Director of Strategy and
Sustainability for Wal-Mart, shared the stage with Michael Besancon, the South
West Regional President of Whole Foods Markets. The two came together to
surprisingly reveal that they share the same ideas, approaches and strategies
on sustainable business practices. They both understand consumer trends and
the ever-changing and evolving green marketplace. Ultimately, they are
striving for the same end-goal: guiding consumers, within their markets, while
providing better products and services that help, not hurt, the environment
and society. The LOHAS 12 Forum was just what attendees needed to shake up
their pre-existing thoughts, while embracing new concepts and initiatives
showcasing how all businesses can work together.
Influential discussions took place in every corner of the Forum. One of
the most notable was a conversation between Ted Ning, the Executive Director
of the LOHAS conference and an attendee, with both sharing their thoughts
about how the LOHAS marketplace could be described as the engine driving the
mainstream consumer market. Their discussion centered on the understanding
that it takes a core group of pioneers and truly organically grown green
businesses to set the standard for all others to learn from, adopt their ideas
from and hopefully follow in their footsteps.
The LOHAS 12 Forum offered attendees numerous networking and learning
opportunities, and featured a variety of unique and engaging events, resulting
in many different highlight moments. There were numerous lively speaking
sessions, including "Conscious Money", "The True Value of Organic", "Natural
Solutions to Wellness", "Fair Trade and Sustainable Sourcing" to "Penetrating
Mainstream Markets with LOHAS Products". The morning yoga session with
internationally acclaimed yoga instructors Rodney Yee and Colleen Saidman were
always packed. A live butterfly release ceremony, held in the courtyard was
the epitome of life, beauty and rebirth. And all enjoyed the organic tastings,
the array of LOHAS companies exhibiting, the plethora of magazines and
newspapers dedicated to the LOHAS lifestyle, as well as the pleasant feeling
of being surrounded by like-minded individuals who are all in their unique
ways, making a difference.
Ted Ning was thrilled with this year's turn out. He was pleased with the
overall message that most attendees seemed to be taking away from the Forum
which is "It's not a new way of doing business; it's a better way of doing
business". The conference promotes a marketplace and industry that presents
high quality products and services that just happen to be green. It's a way of
life and an added benefit that the LOHAS community can't live without.
About LOHAS Forum
Since its inception in 1996, LOHAS (Lifestyles of Health and
Sustainability) has been the catalyst for the adoption of sustainable living
and environment-friendly practices within the North American and global
business community. The LOHAS Forum is the leading annual gathering of thought
and opinion leaders in the LOHAS marketplace.
The LOHAS Forum annually features highly influential speakers and
panelists who address and explore some of today's most prominent issues and
business challenges.
SOURCE LOHAS Forum
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,ENV,FIN,HOU,REA,TDS,ECO,CSR,POL,CO-LOHAS-Forum-Green
_ _Is your favorite bookmark site missing?
Ask for it.