In the past, the process of selecting with which company to do business with was very straightforward. With fewer brands to consider, consumers would have to choose either based on proximity or which company has been around for a long time. With today's latest developments in the fields of communication and mass transportation, many have realized how new and lesser known brands can face against older companies in terms of quality products or services. The selection process has become a lot complicated than before.
For businesses, the continued changes in the world have made it even more challenging for them to separate themselves from their competitors. The thought is very achievable however. One differentiating element that has been found effective with time is corporate social responsibility. Consumers appreciate more businesses that contribute in making a difference to the lives of others.
This gave rise to the cause marketing movement wherein businesses share their social programs such as supporting for a charity with the purpose of captivating customers. Many companies have adopted such strategy one might think why has it become important to consumers?
Believe it or not, there are people out there who view businessmen as greedy and mean people taking money off of ordinary persons without any sign of concern towards that person. Another dismal reality is that there are a few business people whose crooked ways add more damage. This kind of thinking has led several consumers to believe that businesses exist only to make money and in return, do not trust them.
Showing signals of social responsibility by supporting a good cause helps in changing the mean and greedy businessman stereotype. When giant corporations have been victorious in showing people especially in their local communities that they do care, they don't appear as bad.
There is a good number out of your current customers that are interested in supporting a charity but many not have the financial capabilities to do so. Plenty of them may even have families and close friends who will be helped greatly by the charity so they look for other means to show their support.
When you help a certain cause, you are not only helping the charity but also enable your customers to extend their help through you. Customers can view their patronage to your business as an indirect way of supporting a cause they believe in whenever you share the fact that you contribute to a non-profit. Their business with you has become a part of something worthwhile and this is reason enough for them to choose you over the competition.
A good cause marketing strategy allows people to be informed about the cause that you support that they may not have known. A charity that does a very important work can be greatly helped even with just through the help of your promotional campaigns.
Through your educational campaigns, you open the minds of the consumers on opportunities to help that they would otherwise have not known. Your company's corporate social responsibility initiative can serve as stimuli for other people to act.
With this, the spotlight is shifted away from your company and unto the cause. You can get the support you needed for the cause and your customers feel happy that they have made a small contribution; it's a win-win situation for all.
For businesses, the continued changes in the world have made it even more challenging for them to separate themselves from their competitors. The thought is very achievable however. One differentiating element that has been found effective with time is corporate social responsibility. Consumers appreciate more businesses that contribute in making a difference to the lives of others.
This gave rise to the cause marketing movement wherein businesses share their social programs such as supporting for a charity with the purpose of captivating customers. Many companies have adopted such strategy one might think why has it become important to consumers?
Believe it or not, there are people out there who view businessmen as greedy and mean people taking money off of ordinary persons without any sign of concern towards that person. Another dismal reality is that there are a few business people whose crooked ways add more damage. This kind of thinking has led several consumers to believe that businesses exist only to make money and in return, do not trust them.
Showing signals of social responsibility by supporting a good cause helps in changing the mean and greedy businessman stereotype. When giant corporations have been victorious in showing people especially in their local communities that they do care, they don't appear as bad.
There is a good number out of your current customers that are interested in supporting a charity but many not have the financial capabilities to do so. Plenty of them may even have families and close friends who will be helped greatly by the charity so they look for other means to show their support.
When you help a certain cause, you are not only helping the charity but also enable your customers to extend their help through you. Customers can view their patronage to your business as an indirect way of supporting a cause they believe in whenever you share the fact that you contribute to a non-profit. Their business with you has become a part of something worthwhile and this is reason enough for them to choose you over the competition.
A good cause marketing strategy allows people to be informed about the cause that you support that they may not have known. A charity that does a very important work can be greatly helped even with just through the help of your promotional campaigns.
Through your educational campaigns, you open the minds of the consumers on opportunities to help that they would otherwise have not known. Your company's corporate social responsibility initiative can serve as stimuli for other people to act.
With this, the spotlight is shifted away from your company and unto the cause. You can get the support you needed for the cause and your customers feel happy that they have made a small contribution; it's a win-win situation for all.
About the Author:
Sebastian Troup likes blogging about philanthropic solutions for businesses and non profit organizations. To get further details about the importance of company charitable giving programs, or to discover the Top 5 employee giving campaign ideas, please go to the Truist.com website today.
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