The Providence Business News Executive Poll is a weekly
survey of 70 top business leaders throughout the state, representing small and
large companies in a variety of industries and businesses.
QUESTION: In general, do you consider yourself to be loyal to particular brands – whether they are beverages, household goods or automobiles?
Yes: 82%
No: 18%
QUESTION: Are you more likely to return to a particular department store or mall out of loyalty or are you more likely to shop where you find the best sale on a particular day?
Loyal to a particular store or mall: 71%
More likely to chase after a sale: 29%
QUESTION: Which is more likely to get you into a store to make a major
purchase?
Word-of-mouth recommendation from a friend or colleague: 35%
A sale advertised in a newspaper, on television or on the radio: 24%
The geographic proximity of a particular store: 41%
QUESTION: Do you regularly purchase generic products – or are you more likely to pay a bit more for the established brand?
Regularly purchase generic products: 29%
Willing to pay more for the brand: 71%
For the complete current issue, visit our subscription Web site, or call (401) 273-2201, ext. 227 or 234.
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