The Challenge: Companies can deepen their engagement with customers by championing powerful causes. However, in order for these efforts to be effective, customers must feel that your efforts are authentic and truly helping the charity.
When brands are effective with cause marketing, it can also be a win for the product category. Yoplait®’s successful Save Lids to Save Lives®program was ranked number one by shoppers as the brand they purchase most because of its association with a cause. Not only has Yoplait, as a brand, benefitted from high awareness and purchases resulting from the 13 years supporting Susan G. Komen for the Cure, but the yogurt industry as a whole has been elevated. The yogurt category is ranked 5th among products consumers purchase because of their association with a cause.
Keep In Mind...
After selecting a cause for your company that you, your employees, and your customers are all passionate about, the next step is to make sure that not only the charity gets something from the partnership, but that customers feel good about it too.
Click here to sign up for Ernan's Weekly Insights email.
A win-win situation for the charity and your customers should be the goal; this is achieved when customers feel their life is enhanced by the charity efforts and that good feeling is transferred to how they feel about the marketer.
If you are wondering about the financial return on investment, according to Edelman’s annual goodpurpose® study, in 2012, 47% of consumers made purchases from brands that support a cause.
Takeaways:
| 1. | Ensure that your customers connect with the charity and approve of the way the campaign is executed. When choosing between two companies with similar products that engaged in cause marketing, 70% of those surveyed cited “personal relevance of cause” as the reason they choose one company over another. |
| 2. | Make sure your cause relates to your brand. Coca-Cola, known for polar bears in their commercials and on their cans, teamed up with World Wildlife Fund. Donations from the campaign helped raise awareness for the conservation of polar bears’ habitats. |
| 3. | Be transparent about how you are distributing funds to the cause. Show the results and the progress made as a result of your charity partnership. |
| 4. | Make sure the cause you choose has the highest grades. Research the history and rating of the charity and understand the guidelines, rules, and laws governing companies that make charitable donations through marketing campaigns. |
| 5. | Incorporate social media into your campaign so that donors can share their charitable efforts, thereby increasing the reach. Bing’s partnership with DonorsChoose.org benefited schools with a contest that called for entries through social media. Make sure everyone receives value and reputations of all parties involved are enhanced. |
