MKT500 Week 7 Discussion - What is Cause Marketing
Week 7 Discussion (MKT500 Marketing Management)
Watch the videos “What is Cause Marketing” and “Why Cause Marketing is Important” in the LEARN section for this week.
A cause marketing campaign is a promotional effort between a for-profit brand and a not-for-profit charity to build positive awareness of the for-profit brand. When the consumer buys a for-profit brand, a portion of the sale generally goes to the charity. Thus, the consumer feels good about supporting the charity and this positive goodwill is then carried over to the brand. This is one of the reasons why the strategic choice of the charity is so important. All three of these elements must be included for a cause marketing campaign so everyone wins!
Research and discuss a cause marketing campaign that impressed you. In your discussion include:
· the for-profit brand,
· the charity (not for profit),
· why this association works to support the for-profit brand, and
· how the consumer is involved through a purchase.
· This should be a 300 – 500-word discussion.