September 25, 2007

They mean “switch products,” not “switch orientations”

Of Course It Buys HappinessNews release:

1 in 4 Gay, Lesbian, Bisexual and Transgender Adults Switch

Seven in 10 gay men and lesbians have switched products or service providers because they learned the company engaged in negative actions toward the GLBT community

ROCHESTER, NY – September 24, 2007 – According to a recent national survey, approximately one in four (24%) gay, lesbian, bisexual, and transgender (GLBT) adults say they have switched products or service providers because they found a competing company that supports causes that benefit the GLBT community in the past 12 months, assuming that other factors such as price, quality, and convenience were not considerations. This includes fully one-third (32%) of gay men who say they have switched products or services within the last 12 months because they found a competing company that supports GLBT causes.

These are a few highlights taken from a nationwide survey of 2,868 U.S. adults, (ages 18 and over) of whom 350 self identified as gay, lesbian, bisexual or transgender. The study was conducted online between August 7 and 13, 2007, by Harris Interactive®, a global market research and consulting firm, in conjunction with Witeck-Combs Communications, Inc., a strategic public relations and marketing communications firm with special expertise in the GLBT market.

The survey also found that a high proportion of gay men and lesbians (70%) had switched products or service providers because they learned the company engaged in actions that are perceived as harmful to the GLBT community.

In terms of their brand loyalty behavior, about two-thirds (66%) of all GLBT adults reported that they would be very or somewhat likely to remain loyal to a brand they believed to be very friendly and supportive to the gay, lesbian and transgender community – even when less friendly companies may offer lower prices or be more convenient. Three out of four (75%) gay men and lesbians also said they would remain loyal to the gay-friendlier brand.

“For nearly a decade, we have tested customer loyalty benchmarks, to better understand the connection between GLBT consumers and brand reputations. Consistently, no matter how we frame the questions, we find GLBT consumers place a high value on brands that earn and grow respect within the community,” said Wes Combs, President of Witeck-Combs Communications. “They remain loyal to companies that support causes that are important to them, and are highly motivated to learn about corporate social responsibility in all its forms. They are among consumers most motivated to vote with their dollars.”

Editor’s Note

To see the data tables, please visit: http://www.witeckcombs.com

Source

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Posted by: Sapphocrat

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Filed under: Business/Economy, Press Releases







 

 
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