Skip to main content
Tags: consumers | survey | consumption | purchases

Consumers: We Don't Want More Stuff

By    |   Tuesday, 13 May 2014 07:46 AM EDT

A survey of consumers from around the world reports that half said they would gladly live without most of the stuff they own.

Some 67 percent said they annually junked unneeded possessions; about 70 percent said they thought overconsumption was bad for society and the planet; and 65 percent concurred that it would be better if people shared more and owned less, according to Engineering News.

"The New Consumer and the Sharing Economy" survey was conducted by Havas Worldwide, a marketing firm, and was released in South Africa on Tuesday.

Most people agreed that current economic models were not working. While consumers know that consumption drives the economy, many said that they try to purchase "sustainable" products. By 2050, many city dwellers agreed that they would be sharing rather than owning a car.

Andrew Benett, CEO of Havas Worldwide, said in a statement the study showed consumers are moving away from mindless consumption. People are getting involved in the entire consumption cycle – not just purchasing brands produced closer to home by companies that treat their workers well. "They are practicing 'less is more,' and savoring their 'less.'"

He said companies could build their brands by establishing reputations for good behavior.
The findings come from an online survey of 10,574 people aged 16 and older in 29 markets from Argentina and Australia to the United States and Vietnam.

© 2024 Newsmax. All rights reserved.


Newsfront
A survey of consumers from around the world reports that half said they would gladly live without most of the stuff they own.
consumers, survey, consumption, purchases
229
2014-46-13
Tuesday, 13 May 2014 07:46 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved