Skip to main content

Posts

Showing posts with the label Bottom of the Pyramid

Put Your Social Network to Work for a Worthy Cause

You’ve got a big following on Facebook, Twitter, Pinterest, Google +… maybe even thousands of people. Isn’t it time your social network slipped into its spandex and buttoned on its superhero cape and did a little good in the world? That’s the premise of HopeMob , originally funded on Kickstarter, and about to enter its second year of business. Here’s how you and your social network can do good using HopeMob. Suppose, in honor of the UN’s recent International Day of the Girl, you decide to start a fundraiser to provide school uniforms for an all-girls school in Accra, Ghana. School uniforms bring many benefits, but if a family can’t afford the price of the uniforms, that would preclude their daughter from going. But you know that the education of girls helps inoculate them against child marriage, and is highly correlated with advancements in society and economic growth. Educated women have a lower infant mortality rate, higher skills, self-confidence, and the information to be bet...

World-Beating Cause Marketing II

Fortunes at the Bottom of the Pyramid The four campaigns we talked about in Thursday’s post are all classic examples of ‘the fortune at the bottom of the pyramid’ thinking. The book of the same name by University of Michigan scholar C.K. Prahalad , lays out how technology… and new ways of thinking about customers… can enable companies to deliver products and services of value to the four billion people across the globe who live on less than $2 a day. In a similar way, these four single-element campaigns raise big money, not by asking for large donations, but by asking for small ones. The US Postal Service Breast Cancer Semipostal Stamp generates just six pennies at a pop! The BoxTops for Education campaign from General Mills just 10 cents. Needless to say, this flies in the face of conventional wisdom in fundraising which goes something like this: ‘it’s just as much work to ask for a modest donation as a big one, so you might as well ask for a big one.’ In other words, focus on the to...