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What is Cause-related Marketing?
Cause marketing, also referred to as cause-related marketing, corporate
responsibility, corporate philanthropy, and corporate social responsibility,
is a public relations practice that links for-profits with not-for-profits
for mutual benefit. The non-profits benefit from cause awareness
and media relations, while the corporation receives visibility that
results in goodwill, positive employee relations, customer loyalty
– and sales.
Embracing a cause makes good business sense. Nothing builds brand
devotion among today’s increasingly hard-to-please consumers
like a company’s proven commitment to a worthy cause. In fact,
most people prefer to do business with a company that stands for
something beyond profits.
Cause-related marketing can become a cornerstone of your marketing
plan. Your cause-related marketing activities should highlight your
company’s reputation within your target market. Cause marketing
can positively differentiate your company from your competitors
and provide an edge that delivers other tangible benefits, including:
- Increased visibility and sales
- Improved customer loyalty
- Enhanced company image
- And a media relations advantage
By selecting a charity you are passionate about, cause-related
marketing can be emotionally and economically rewarding. It is a
way to build a business that parallels your personal and corporate
values and beliefs. If your cause also resonates with your target
audience, your activities will create tremendous goodwill and media
attention.
Fact: Cause-related Marketing Builds Customer Loyalty and Good
Will.
In a text book PR program that is still used as a case study in
university marketing classrooms today, Rosica worked with Famous
Amos Cookies to develop grassroots media events, a spokesperson
tour and a strategic cause marketing tie-in with Literacy Volunteers
of America to tell the brand’s story and maintain visibility.
When purchased in 1998 by Keebler, The Famous Amos brand, which
began with no advertising budget, was valued at $200 million.
“Rosica executed a truly classic PR campaign…one of
the most successful campaigns in the history of the food business.”
- Snack Food Magazine
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Media Event Rosica Created
For
Revlon's Cause Marketing
Program
The Power
of Giving
Cause Marketing:
- Increases sales & customer
loyalty
- Improves employee
morale & dedication
- Interests media
- Inspires others
to get involved
- Impacts our
world positively
According
to recent studies, nearly three quarters of
the U.S. population, particularly women, prefer to
do business with socially responsible companies
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