Page 23 - Green Builder Magazine Nov-Dec 2019 Issue
P. 23

THE STATE OF

                                                                                                 SUSTAINABLE

                                                                                               BUILDING 2020



                             What makes you loyal to a brand?                                      What’s your No. 1                           What makes you loyal to a brand?

                             Quality                   10               9.6%                     energy-saving tool?                           Quality                   10               9.62%

                             Performance               9                8.8%                 Insulation                   15%                  Performance               9                8.83%

                             Price                                      7.4%                 Windows                      12%                  Price                                      7.4%
                             Customer Service          6                6.4%                 HVAC                         11%                  Customer Service          6                6.42%

                             Features                  6                6.2%                 Appliances        9          9%                   Features                  6                6.16%

                             Ease of installation      5                5.8%                 Lighting          8          8%                   Ease of installation      5                5.86%
                             Warranty                  5                5.6%                 Roofing           8          8%                   Warranty                  5                5.61%

                             Sustainability            5                5.5%                 Structure         5          7%                   Sustainability            5                5.52%

                             Pre-purchase support                       4.2%                 Paints and                                        Pre-purchase support                       4.24%
                             Post-installation support                  3.5%                 Adhesives         6          6%                   Post-installation support                  3.5%

                             Resale value                               3.3%                 Hot water systems   5        5%                   Resale value                               3.31%
                                                                                             Siding                       4%
                             Quality counts. Price is no longer king—consumers now indicate that
                             they value brand attributes like quality and performance over price.   Flooring              4%
                             SOURCE: COGNITION SMART DATA
                                                                                             Home Automation              3%
                   recommendations and targeted information   the antiquated upfront cost and price per   Plumbing Fixtures         3%
                   to justify purchase decisions, consumers are   square foot metrics and towards something
                   selecting speci
c brands and products—  entirely di‘erent that incorporates quality,   Faucets         2%
                   even in categories like insulation—that they   performance, intelligence, resiliency and
                   never used to touch.                 wellness.                            Decking                      1%
                     Today, survey respondents (across all   Homebuyers across all housing categories   Cabinets          1%
                   audience segments—trade and consumer)   realize that upfront strategic investments
                   indicate that consumers engage in product   will increase the long-term value of their   Countertops         1%
                   speci
cation decisions nearly 70 percent of   homes, enabling them to save money on
                   the time, and that they’re willing to spend   energy, maintenance and operations; keep   Building science savvy. No longer relegated to the
                   money on products that increase the sustain-  their families healthy and safe; protect their   domain of countertops and finishes, consumers
                   ability, eciency and health of their homes.   homes from natural disasters; and save time   understand how important high-performance building
                       In  fact,  according  to  the  National   by streamlining daily chores.  envelope and mechanical systems are to the
                   Association of Home Builders (NAHB),                                      sustainability and efficiency of their homes.
                                                                                             SOURCE: COGNITION SMART DATA
                   50 percent of consumers want net-zero   RAPID RESPONSE
                   energy homes and will spend up to $9,000   It’s a new frontier for smart, sustainable,
                   in products that will increase energy e-  and a‘ordable products and technologies,   goals, and creating healthy spaces.
                   ciency. And COGNITION Smart Data shows   and savvy manufacturers and building   Building professionals are also deploying
                   that nearly 70 percent of homeowners are   professionals are capitalizing on shifting   innovative approaches to sustainability to
                   investing in products that improve indoor   paradigm.                     di‘erentiate themselves from their competi-
                   air quality.                           Manufacturers are moving at warp speed   tion, enhance value and increase revenues,
                     This shift in consumer mindset—and   to develop innovative products that address   including integrating services—like solar
                   spending—is transforming the way we   a spectrum of market trends, solving for   and smart home technology installation—to
                   value our homes. We’re moving away from   labor shortages, achieving net zero energy   expand their portfolio of services.

                   www.greenbuildermedia.com                                              November/December 2019 GREEN BUILDER  21




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