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Summary of Composting Survey Conducted in ... - StopWaste.org

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EMC’s recommendation would depend upon what ACWMA’s goals are. There are differentprice po<strong>in</strong>ts for each product that either maximize number <strong>of</strong> purchasers, or maximize revenue.Therefore, we po<strong>in</strong>t out both. It must also be kept <strong>in</strong> m<strong>in</strong>d that this series <strong>of</strong> questions was, tosome extent, presented as comparison shopp<strong>in</strong>g because respondents were asked about eachproduct three times with the price gett<strong>in</strong>g lower each time. In a real world situation, a consumerwould likely only see one price.In the follow<strong>in</strong>g charts, the List results are given for comparison, but should not be used to formconclusions. The List sample represents only composters, while the RDD sample showscomposters and also non-compost<strong>in</strong>g County residents <strong>in</strong> their exist<strong>in</strong>g proportions.EMC analysis showed the follow<strong>in</strong>g:% <strong>of</strong> ProbablePurchasers at thisPriceLIST SAMPLECalculation <strong>of</strong>Revenue at thisPriceRDD COUNTY SAMPLECalculation <strong>of</strong>Revenue at thisPrice% <strong>of</strong> ProbablePurchasers at thisPriceWorm b<strong>in</strong> $100 11% $1,068 14% $1,389Worm b<strong>in</strong> $45 31% $1,394 23% $1,013Worm b<strong>in</strong> $37 37% $1,380 26% $949Maximize Users: The price <strong>of</strong> $37 would be the optimal price for the Worm B<strong>in</strong> to maximizeusers, ga<strong>in</strong><strong>in</strong>g 26% <strong>of</strong> RDD respondents.Maximize Revenue: The price <strong>of</strong> $100 would be the optimal price for the Worm B<strong>in</strong> tomaximize revenue.S&H Biostack$89S&H Biostack$59S&H Biostack$48% <strong>of</strong> ProbablePurchasers at thisPriceLIST SAMPLECalculation <strong>of</strong>Revenue at thisPriceRDD COUNTY SAMPLE% <strong>of</strong> Probable Calculation <strong>of</strong>Purchasers at this Revenue at thisPricePrice17% $1,472 14% $1,22125% $1,475 19% $1,14533% $1,591 24% $1,149Maximize Users: The price <strong>of</strong> $48 would be the optimal price for the Smith and HawkenBiostack to maximize users, ga<strong>in</strong><strong>in</strong>g 24% <strong>of</strong> RDD respondents.Maximize Revenue: The price <strong>of</strong> $89 would be the optimal price to maximize revenue for theSmith and Hawken Biostack. However, the price <strong>of</strong> $48 would net 10% more users than thehighest price while sacrific<strong>in</strong>g a net <strong>of</strong> only $72 <strong>in</strong> revenue.Page 29ACWMAEMC 05-3307<strong>Compost<strong>in</strong>g</strong> <strong>Survey</strong> <strong>Summary</strong> (Draft)

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