PRINCE & PRINCE (P&P)
ANNOUNCES A NEW MARKET RESEARCH ENDEAVOR . . .
The 2015
P&P U.S. Retail Florist Tracking Survey
Prince & Prince is
Requesting Financial Support from the Floral Industry for an Update of Their Tracking Research of the U.S. Retail Florist Industry. P&P
is Currently Making a "Call for Research Sponsors" Among Floral
Suppliers, Wholesalers, and Floral Associations to Get this Project Underway!
Nationwide Florist Survey
Planned for the Summer/ Fall of 2015, with Reporting Commencing in the Spring of
2016 ( if research funding can be obtained ). The research will
track florist shop trends on over 200 metrics from 2005 to 2010, and to
2015.
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A Large
Comprehensive Tracking Survey of Florist Shops in the U.S. (over 1,000
florist shops anticipated to respond to the 2015 P&P florist survey). |
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Surveys Fielded
in the Summer/ Fall of 2015, with Full-Year Financial Reporting on the 2014
Season. |
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Identifies the
Changing Business Structure of the U.S. Retail Florist Industry. |
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Shows Overall
Sales Trends, and Trends for Numerous Sales Categories. |
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Reveals Florists’
Financial Condition, Sales Growth/ Declines, Profitability, and Future
Prospects. |
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Identifies
Changes in Florists’ Product Mix (hardgoods, cut flowers, and potted
plants). |
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Assesses Changes
in the Cut-Flower Mix (basic cut flowers, roses, novelties, tropicals,
filler cut flowers). |
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Assesses Changes
in the Potted Plant Mix (flowering pots, green plants, planters/ dish
gardens). |
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Shows Usage
Trends for 60 Cut-Flower Species, 20 Potted Plants, & 30 Gift-Shop
Items. |
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Reveals Changes
in Florists’ Sales Modes (in-store, wire, web, telephone, etc.). |
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Shows Changes in
the Type of Florist Sales (party/ wedding, sympathy, commercial). |
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Identifies
Florists' Buying Practices (direct buying) and Cut-Flower Purchases Via the
Internet. |
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Reveals the Key
Reasons for Purchasing Fresh Cut-Flowers Direct (by-passing local
wholesalers). |
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Tracks Trends in
Florist Service Offerings, Marketing Practices, & Shop Operations (over
30 metrics). |
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Identifies
Long-Term Trends by Tracking Metrics from 2005 to 2010, and to 2015. |
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Model Analyses
Reveal the Florist Strategies that Currently Lead to Business Success. |
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Findings Grouped
by 10 U.S. Regions, Florist Annual Sales, Urbanization, and Age of Owner. |
Topics
Covered in P&P’s Retail Florist
Tracking Survey
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Florist Study
Objectives |
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Survey Validity
& Reliability |
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Characteristics of
Florists (Profiles Sales/Size, Age-of-Owner, Urbanization, & U.S. Regional
Trends) |
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Overall Florist
Sales Levels |
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Florist Sales
Growth |
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Florist
Profitability |
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Single vs. Multiple
Shops |
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Other Business
Activities of Florists (e.g. gift shop, garden center, retail grower, event
planning) |
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Type-of-Sales
Profile |
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In-Store
(In-Person) Sales |
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Wire Order Sales |
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Web/ Internet Sales |
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Sympathy Sales |
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Commercial Sales (B
to B) |
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Wedding and Party
Sales |
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Florist Product Mix
– Cut Flowers, Potted Plants, Bedding Plants, Silks & Drieds, /Food
Baskets, & Gift-Shop Items |
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Florist Cut Flower
Mix (e.g. roses, basic cut-flowers, novelties, tropicals, filler cut
flowers) |
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Florist Cut Form
Mix (e.g. arrangements, bouquets, hand-tieds, corsages, single stems) |
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Florist Potted
Plant Mix (e.g. foliage plants, flowering plants, dish gardens/ planters) |
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Product Momentum
Trends (Florists indicating product categories with increasing usage) |
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Rose Momentum (5
categories) |
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Rose Source
Momentum (country/ region of origin; 6 categories) |
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Basic Cut
Momentum (8 categories) |
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Novelty Cut
Momentum (32 categories) |
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Tropical Cut
Momentum (12 categories) |
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Filler Flower
Momentum (12 categories) |
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Potted Plant
Momentum (20 categories) |
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Hardgoods/
Gift-Shop Item Momentum (32 categories) |
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Level of Direct
Buying (by-passing local wholesalers) |
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Florists' Reasons
for Direct Buying (8 categories) |
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Florists’
Cut-Flower Purchasing Via the Internet |
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Florists’
Delivery Services (6 metrics) |
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Florists’
Cut-Flower Guarantees |
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Profile of
Florists' Service Offerings (12+ metrics) |
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Profile of
Florists' Operational Measures (20 metrics) |
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Florist Success/
Growth Strategies (database modeling to uncover florist strategies) |
Above survey metrics
(about 200) segmented by 10 U.S. Census regions, five florist sales groups, five
market-urban groups, and five age-of-owner groups, revealing the key florist
segments leading or trailing the overall U.S. florist-market trends.
Survey metrics tracked from 2005 to 2010, and to 2015. Survey
findings identify florist industry trends overall, and key trends for specific
florist segments.
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