Bayer Lawn Care Institute Consumer Survey Explores Value of Free Time
27 August 2007 - 10:00PM
PR Newswire (US)
Survey reveals majority of homeowners believe they have less free
time than five years ago RESEARCH TRIANGLE PARK, N.C., Aug. 27
/PRNewswire-FirstCall/ -- Bayer Lawn Care Institute today released
consumer survey data that revealed that 60 percent of those
surveyed believe they have less free time now than they did five
years ago, with 40 percent of these respondents indicating they
have far less free time now than five years ago. The nationwide
survey conducted by International Communications Research (ICR) on
behalf of the Bayer Lawn Care Institute, surveyed 500 homeowners,
with children and asked a variety of questions relating to free
time. The objective of this survey was to determine how consumers
view their free time and what they are willing to do to acquire
more of it. "As a homeowner and father, I understand how important
and valuable free time is to me and my family," stated Scott Welge,
director of marketing, Bayer Environmental Science. "This survey
sought to further understand how our end users are viewing and
valuing their free time. Garnering this information will allow us
to ensure that our products and services are maximizing their value
to our customers and end users," he continued. Survey results show
that most adults with children spend 50 percent or less of their
free time on household responsibilities. However, significantly
more women (39 percent women vs. 27 percent men) feel they spend
more than 50 percent of their time on household responsibilities,
while more men (72 percent men vs. 56 percent women) feel they
spend 50 percent or less of their time on such responsibilities.
"In an era when the Internet and cell phones maintain a strong
presence in many homes, it is often assumed that these technologies
create more free time, however, quite the opposite seems to hold
true," noted Welge. "Personally, I have found that I now have to
work harder to protect my free time," he continued. On average, the
group of adults surveyed value an hour of their free time at $94.
Additional results show that the average homeowner spends nearly
eight hours each week on lawn care and landscaping tasks around
their home and would consider hiring a professional service in
order to acquire more free time. The telephone survey, conducted in
July 2007, was developed by the Bayer Lawn Care Institute(TM). The
Bayer Lawn Care Institute was founded by Bayer Environmental
Science in order to provide lawn care professionals with access to
information and resources that would enhance the quality of
services provided to their customers. In addition to conducting
consumer research, Bayer Lawn Care Institute sponsors educational
seminars, networking events and maintains an active Advisory Board
to keep abreast of industry issues. About Bayer Environmental
Science Bayer Environmental Science is a business group of Bayer
CropScience LP, a member of the worldwide Bayer Group, a $27
billion international health care and chemicals group based in
Leverkusen, Germany. The Bayer Group stock is a component of the
DAX and is listed on the New York Stock Exchange (ticker symbol:
BAY) For more information on Bayer Environmental Science, call 919-
549-2000 or visit us online at http://www.bayerprocentral.com/.
Bayer Environmental Science, 2TW Alexander Drive, Research Triangle
Park, N.C. 27709. Forward-Looking Statements This news release
contains forward-looking statements based on current assumptions
and forecasts made by Bayer Group management. Various known and
unknown risks, uncertainties and other factors could lead to
material differences between the actual future results, financial
situation, development or performance of the company and the
estimates given here. These factors include those discussed in our
public reports filed with the Frankfurt Stock Exchange and with the
U.S. Securities and Exchange Commission forward- looking statements
or to conform them to future events or developments. DATASOURCE:
Bayer Lawn Care Institute CONTACT: Tim Londergan of Tierney
Communications, +1-215-790-4374, Web site:
http://www.bayerprocentral.com/
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