Cause-Related Marketing - A Blend Of Cause And Profit

If you thought business was all about money andalong will be a welcomed treat.
monetary gain, then you are wrong. If you wish toOne of the cause-related marketing campaigns that
see a business heart and soul, then cause-relatedbecame a hit was in 1976 when there was a
marketing is the best example where the corporatepartnership between Marriott Corporation and the
world steps forward. The notion of businesses joiningMarch of Dimes. Though the objectives were
hands with charities to market an image, product orseparate, the promotion exceeded all goals and
service is not a new one. Moreover, you would notbecame quite successful. Marriot Corporation had an
be surprised to know that the biggest platform toaim to generate public relations and media coverage
promote altruism is most definitely sports. You mayfor a grand opening of a massive family
have come across some basketball videos thatentertainment center. Whereas, the March of Dimes
promote some cause along with the basketball skillsintended to increase fundraising by motivating the
needed for the grooming of the player.collection of pledges on the program's deadline.
This type of marketing is more popular in today'sThe event was conducted in many states throughout
world as pleasing the consumers has become reallyWestern United States. The campaign was super
hard. In this scenario, a company's commitment to asuccessful and provided free publicity and the
worthy cause can build brand loyalty unlike any otherrecord-breaking opening to the Marriot entertainment
form of promotion. Consumers like to support thecomplex, as was intended. This was the first time
business that stands for something beyond profits.cause-related marketing proved its worth, but there
As for the company's perspective, cause-relatedare many other instances when businesses heavily
marketing has a powerful edge. It is not just ainvested in this form of promotion after this.
cornerstone for the promotion plan, but also highlightsAnother pioneering instance after which cause-related
the reputation of the company. While there are manymarketing became popular was the campaign of
other competitors in the market, cause-related1979. The campaign was initiated by Rosica, Mulhem
marketing differentiates you from the rest in a& Associates for Amos cookies. In this, Wally Amos
positive way.came forward as a spokesman for the Literacy
The businesses tend to choose a cause that theyVolunteers of America. They alerted people of the
can personally relate to. If a business involves itself inilliteracy problem and this strategic cause-related
a cause that it is passionate about, then it canmarketing really helped Amos.
successfully merge it with its profit center. At timesTo sum it up, cause-related marketing yields mutual
it is a hit and miss affair. Sometimes, your affiliationbenefits. Despite the fact that the partners do not
with the cause tends to develop goodwill among thealways have the same agenda, this form of
consumers, but sometimes the target market doesn'tpromotion has something good in store for all.
register it. In any case, media attention that comes