So what comes to your rescue when
push fails to create its effect? Marketing. You have applied very form and new
design of marketing but have you reached your goal. The sole objective of
marketing is to reach as many people as possible and you may have tried everything but have you tried enough. Given that
incredible developments are happening within the domain of marketing, have you
tested Cause Marketing yet.
Defining Cause Marketing:
Nope it’s not new. In 1976 the
Marriot Corporation and the March of Dimes joined together in a cause marketing
campaign. The March of Dimes was looking to get the attention of contributors
encourage donations and increase fund raising and by the end of March Dimes had
the most successful campaign in the history of western chapters.
Cause Marketing is a potentially
profit making initiative by a for profit company or brand to raise awareness,
money and/or consumer engagement in a social or environment issue.
For achieving this for-profit
companies team up with non-profit companies to create a campaign that is
beneficial for both of them.
Selecting a Team Partner:
So yes there is a risk in cause
marketing and the most important one is to decide the non profit team partner
when deciding what company to work with, ask yourself two important questions:
- Who are you? Your customers know you, and what your business stands for. Stay in line with that image.
- Who are your customers? Reflect upon your target audience, their beliefs and values.
The More – The Better
Why do you launch marketing
campaign? So that your reach doubles, contacts multiply, and you add a new side
to your personality. How does it affects your marketing efforts?
- Greater visibility – More customers
- More contacts – Greater opportunity
- Aligning with a non-profit – Socially responsible
For your small business, a
campaign such as this can be paramount. When your budget lacks the funds of
larger companies, doubling your customer base or garnering significant
attention can seem nearly impossible. Cause marketing is a smart move for the
small business owner looking to expand organically while maintaining a positive
image
No comments:
Post a Comment