From ExpertMagazine.com
Sales/Marketing Cause-Related Marketing By Steven Van Yoder Mar
19, 2004, 08:11 PST
Altruism. Corporate responsibility. Philanthropy. These are often used
to describe cause-related marketing, an activity in which businesses join
with charities or causes to market an image, product, or service for
mutual benefit.
Embracing a cause makes good business sense.
Nothing builds brand loyalty among today's increasingly hard-to-please
consumers like a company‚s proven commitment to a worthy cause. Other
things being equal, many consumers would rather do business with a company
that stands for something beyond profits.
Powerful marketing
edge
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-related
marketing can positively differentiate your company from your competitors
and provide an edge that delivers other tangible benefits,
including:
* Increased sales * Increased visibility *
Increased customer loyalty * Enhanced company image * Positive media
coverage
By choosing a cause you are passionate about,
cause-related marketing is emotionally fulfilling. It's a way to merge
your profit center with your "passion center" and build a business that
mirrors your personal values, beliefs and integrity. If your cause also
resonates with your target market, your activities will generate
tremendous goodwill and media attention can be its side
effect.
Real-World Success Story
Cosmetic dentist
Mark McMahon made himself a media mini-celebrity with a thriving practice
due in part to his high-profile pro bono work in his community, a strategy
that landed him radio and TV appearances in areas where he
worked.
McMahon established partnerships with local charities,
including a homeless shelter and a shelter for battered women, and offered
free dental services to their members. Before each event, he contacted
local media and let them know what he was up to. Several TV crews showed
up, filmed him treating patients, and later aired the segments on the
evening news.
"These events were surprisingly easy to arrange, and
every year, they'd help us get press simply by doing these charitable
promotions," McMahon says. "Local television news stations loved the
emotional element. And it was obviously rewarding to see patients after
we'd treated them who'd been in pain for months talking about how glad
they were to be relieved of their toothaches."
Another project
involved the Delancey Street Foundation, a residential education center
for former substance abusers and ex-convicts. "I agreed to treat some of
their members' acute dental needs," McMahon says. "I quickly appreciated
the media appeal of transforming the appearance of these rough-looking
guys with terrible smiles."
McMahon captured the event with before
and after photos. "These guys had missing teeth and terrible smiles," he
says. "So I had a professional photographer capture before pictures of
these guys in street clothes with their snarling faces. After I fixed
their teeth, we took more pictures, but this time dressed the guys in
suits and ties, now looking like lawyers and accountants, with me sitting
right in the middle. The media loved it, and it was great seeing these men
looking like new."
McMahon's TV appearances created name
recognition. "After I did the story on a local television show, I was
recognized in my gym by a masseuse who had seen the show," McMahon
recalls. "She said, 'I was thinking about you this morning while I was
flossing my teeth.' She became a great source of
referrals."
Getting Started
Cause-related
marketing yields mutual benefit. Look for partners with a similar agenda
whose goals can be better achieved by partnering with your business. Take
inventory of the assets that make you an appealing partner in a
cause-related venture.
There are many types of mutually beneficial
relationships you can form with your cause-related partner, including
special events, sales promotions and collection plans. An easy way to
embrace a cause is to team up with a charity.
Whenever Johnny
"Love" Metheny, a slightly famous nightclub owner in San Francisco, opens
a new club, he shares the limelight with a local charity. "I have a
history of including the Leukemia & Lymphoma Society in my grand
openings," says Metheny, who was voted the society's Man of the Year in
1991. "It's not only something I feel good about, but it helps us market
our businesses to the community and media at the same
time."
Volunteer with an organization. When Eunice Azzani, an
executive recruiter, volunteered to serve on the board of the San
Francisco AIDS Foundation, she didn't anticipate that it would connect her
with executives from Mervyn's, Bank of America, and Wells Fargo Bank, all
of who eventually hired her to work for them.
"People don't hire a
piece of paper or a process. They hire people they trust," Azzani says.
"Volunteering for a position at a local organization makes you very
trustworthy." She advises business owners to target causes they believe
in. "If you're helping with a cause you believe in, people will see that
you care. And they'll realize you will probably care as much about your
work."
As your partnership takes shape, become ambassadors for each
other. Talk about the charitable organization and have flyers available.
Promote the organization (and your partnership) on your website and in
your newsletters. Ask your partner to extend the same courtesies to
you.
Never lose the marketing focus of your community partnership
efforts. Even though the work is philanthropy, your cause should generate
interest in your company and motivate people to buy from it. Select a
cause that is important to your target market, and make sure your target
market sees that connection.
Steven Van Yoder is author of Get
Slightly Famous: Become a Celebrity in Your Field and Attract More
Business with Less Effort. Visit http://www.getslightlyfamous.com to read
the book and learn about 'slightly' famous teleclasses, workshops, and
marketing materials to help small businesses and solo professionals
attract more business.
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