Outdoor Power Equipment

July 2013

Proudly serving the industry for which it was named for more than 50 years, Outdoor Power Equipment provides dealers who sell and service outdoor power equipment with valuable information to succeed in a competitive market.

Issue link: https://read.dmtmag.com/i/141617

Contents of this Issue

Navigation

Page 13 of 35

COVER STORY A quick scan of media over the past year suggests that shoppers are increasingly interested in purchasing goods made in the U.S.A. And what's more, studies show they are willing to pay a premium for a product made in America. This information offers the manufacturing industry an opportunity to leverage this renewed Economic Nationalism. The numbers may vary from survey to survey, but the trend is clear. Made in America is fast becoming a top selling point across a wide range of consumer goods, including outdoor power equipment. Let's take a look at some recent overall numbers. According to a national survey published in Consumer Reports in February 2013, 78 percent of Americans would rather buy an American product given a choice between 14 OUTDOOR POWER EQUIPMENT the domestic good and an identical one made abroad. This fact is not exactly earth shattering, but the results get more interesting as you dig deeper. In the same survey, more than 60 percent of respondents said they'd buy American even if it cost 10 percent more than an import. And more than a quarter of respondents said they'd be willing to pay an extra 20 percent. Given the uncertainty of the U.S. economy, getting consumers to say they'd actually spend more is a pretty big deal. But why would they spend more? The reasons vary. More than 80 percent said they'd do so to help retain U.S.-based manufacturing jobs. About 60 percent said it's because they believe Americanmade goods are of better quality. And as we think about our future customers, made in the U.S.A. becomes even more important. www.outdoorpowerequipment.com State of Liberty illustration ©istockphoto.com/ filo. Sunburst background illustration ©istockphoto.com/mikemcd By Carissa Gingras

Articles in this issue

Links on this page

Archives of this issue

view archives of Outdoor Power Equipment - July 2013