With the 2004 publication of his landmark book The Fortune at the Bottom of the Pyramid in 2004 , C.K. Prahalad laid out the case for how technology… and new ways of thinking about customers and business models… could 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. Companies like Hindustan Unilever are doing just that with great success. But is there a way that technology could do the same for cause marketing and philanthropic giving? A startup funded on Indigogo called CentUp is trying to do just that with a microgiving approach targeted at content developers and the people who support them. Here’s how it works: Producers, like me for instance, put the CentUp button in proximity to their content. The button acts as a like button. The user preloads some sum into their CentUp account and each CentUp like is releases a few pennies. Half goes to the provider, half to so-far unnamed charities. This i...
Dedicated to highlighting and dissecting the best and the worst cause marketing promotions and campaigns.