Sarah Ford | October 20, 2014

What’s the Best Way to Market Your Charitable Giving?

By David Hagenbuch

From the red Dell laptops for AIDS awareness to pink Nike high-tops for breast cancer research, more companies are embracing social causes as ways of helping themselves and others. Such cause-related marketing generally produces win-win outcomes: The for-profit companies generate goodwill and earnings, while the nonprofit causes share in income they may not otherwise have seen.’

Granted, some cause-related marketing slips below the floor of decency. For instance, when a for-profit company donates to a worthy cause but then spends even more money on advertising to tell others the good it’s done, or when a nonprofit organization misappropriates the gifts it receives.

These unusual cases aside, the notion that cause-related marketing tends to produce mutual benefit does not mean that all of such benevolence is equally good. From the for-profit partner’s perspective, some cause-related marketing practices are better than others. The difference tends to be a function of how strategically a firm approaches its philanthropy, which can be separated into three distinct categories of cause-related marketing: Good, Better and Best.

>> Continue Reading

Get Resources and Insights Straight To Your Inbox

Explore More Articles

Celebrating Juneteenth and Continuing to Work in Solidarity for Racial Justice, Equality, and Equity

May 9, 2024

June 19 — also known as Juneteenth, or the nation’s second Independence Day — commemorates the end of slavery in Texas, and therefore the nation,…

Read Article

LGBTQIA+ Pride Month 2024

May 9, 2024

In honor of the 1969 Stonewall Uprising in Manhattan – considered the tipping point for the Gay Liberation Movement in the United States – each…

Read Article

Men’s Health Month

May 9, 2024

June is Men’s Health Month, a time to focus on the unique health challenges faced by men and to encourage them to prioritize their physical…

Read Article

Get Resources and Insights Straight To Your Inbox

Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.

newsletter-mock