Barely a day goes by that I don't see some kind of cause-related marketing, some good and some not so good.
With this blog I will examine in detail those cause marketing promotions, advertising and campaigns; when they get it right, and where it goes wrong.
Cause-related marketing has been around for more than 20 years now. Even people who don't know the term, understand what it's all about; send in the Yoplait lid and 10 cents goes to the Susan G. Komen Breast Cancer Foundation.
But, according to IEG, while cause-related marketing is growing faster than sponsorship as a whole, cause-related marketing currently represents less than 10 percent of the larger sponsorship market. That sounds like a positive, but cause-related marketing has been as high as 10 percent of sponsorship.
For all its heart, cause-related marketing is still settling for the sloppy seconds left over from the NFL, NASCAR and the like. I think that's because while those big guys understand that sponsorship is about eyeballs, the sisters of the orphans and all their charity cousins think it's about tears. When it comes to cause-related marketing, they're only half right.
Labels: cause marketing, cause-related marketing, IEG, sponsorship, Susan G. Komen, Yoplait