Page 2 - Furniture Today 2018-Casegoods Path Purchase
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02  April 2-8, 2018    FurnitureToday.com



                    Bedroom sets lead case goods purchases




         By Courtney N. Thabet                          Case goods purchases                                      Reason for
                                                          Previous two years                                      case goods
               mong consumers who have purchased
               case goods in the past two years, 55%          Dresser/chest of drawers                 32%        purchase
         A have purchased bedroom sets, according                       Bookcase(s)                    32%
         to exclusive data from Furniture Today’s 2018                         Bed                   29%          Replace worn/    28%
         Consumer Case Goods Path-to-Purchase study.                                                             broken furniture
                                                           Dining set, table and 4 chairs            28%
         Of this group, 43% bought for their master bed-
                                                       Bedroom set for master bedroom             24%
         room, 32% purchased a set for the guest bed-
                                                        Bedroom set for guest bedroom               18%            Moved into a
         room, and one-quarter bought the furniture for                                                              new place     23%
         a child’s room.                                Bedroom set for child’s bedroom        14%
            Dressers and bookcases were both purchased     Dining set, table and 6 chairs       13%
         by 32% of consumers, with beds being purchased   Sideboard/buffet/console table       13%            Replace out-of-style   17%
         by 29%. Twenty-four percent of consumers pur-                                                                 furniture
                                                                Dining table, no chairs  9%
         chased dining sets with four chairs.
                                                                Dining chairs, no table  9%                Redecorating the room   12%
            Forty-five  percent  of  consumers  bought  case
         goods to replace older furniture: The most consum-
                                                                                                            Renovating your home   11%
         ers, 28%, cited replacing broken or worn furniture
                                                                                                      Sale or promotion on furniture  5%
         as the reason for their case goods acquisition, while                                                          Other*      4%
                               17% reported replacing   Did you research before purchase?
                                                                                                                          *Includes need for storage,
                               furniture that had gone                                                                        change in family size
           About the data      out of style.
                                 Moving into a new                           Yes, online
           Furniture  Today  con-                             No
           ducted an online survey   home was the second-    12%               43%              88%
           using a representative   most stated motive for
           sample of 723 consum-  purchasing case goods:                                         of consumers
           ers who own or rent                              Yes,
                               23% of consumers
           their  home and have                            in store           Yes,                  researched
                               specified  this  as  their
           purchased case goods                             11%           online & in-store
           furniture in the past two   purchasing prompt.                     34%                      case goods
           years in February 2018.   Redoing  the home
              Respondents  were   in some fashion pro-                                                    before purchase.
           made up of: 14% Gen-
                               voked 23% of consum-
           eration Z (ages 18-20),
                               ers to buy case goods    All sources used in research process
           29% Millennials (ages
           21-37), 32% Generation   furniture: 12% cited                    Retailer website                                        69%
           X (ages 38-53) and 25%   redecorating, and 11%
           Baby Boomers (ages 54-  reported home renova-                     Search engines                              51%
           72).
                               tions as their reason for   Visited physical store to see in person                       50%
              The regional classi-
                               purchase.                                Marketplace website                             48%
           fication  of  respondents
           was: 22% Midwest, 12%   An  overwhelming            Asked family or friends for advice           28%
           Northeast, 47% South   majority of consumers,          Manufacturer/brand website              26%
           and 19% West.       88%, researched case
              This research was                         Online reviews from a company/magazine           23%
                               goods  furniture prior
           conducted by PBM’s                           Knowledge from past case goods purchase        20%
                               to  purchase.  Of  that
           Strategic Insights Team.
                               88%,  49%  researched                 Furniture advertisements              18%
                               online exclusively, 38%                         Social media               17%
         researched both online and in store, and 13% re-
                                                                 Print reviews from a magazine   9%
         searched exclusively in retail stores.                                                                          Source:  PBM Strategic Insights,
                                                                 Reviews from an industry blog  8%                     February 2018 Furniture Today study
            On average, those researching online visited 5.4
         websites; those visiting retail stores to research
         case goods furniture visited an average of three
         stores before making a purchase.
            The most popular sources used in the research
         process by consumers were retailer websites: 69%
         of consumers  cited using  store sites in their  re-
         search process. More than half of consumers, 51%,
         reported using search engines, while half of con-
         sumers who did research visited a physical retail
         store. Marketplace websites, such as Amazon, were
         visited by 48% of researching consumers.
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