cause marketing 101 attracting partners to advance your ......•mutually beneficial relationship...
TRANSCRIPT
Cause Marketing 101
Attracting Partners to Advance Your Mission
Topics for Today
Agenda
© 2013 For Momentum, L.L.C. All rights reserved.
• Industry Terminology and Trends
• Effective Ways to Partner with
Corporations
• Ensuring a Return on Investment
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Proven Performance
Industry Accolades
Introductions
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For Momentum Overview
5/20/2014
Cause
Marketing
Social Responsibility
Cause Strategic
Alliances
Strategic
Philanthropy
Corporate
Relations
CSR
Terminology
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What Is “Cause Marketing”?
5/20/2014
Corporate Social Responsibility (CSR)
Trends
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Community Affairs
Cause Strategic Alliances
CSR
Responsible Business Practices
5/20/2014
Source: 1 – 2012 Edelman good purpose Study; 2-4 – 2013 Cone Communications Social Impact Study
Trends
Why Invest?
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• Nearly 9 in 10 Americans believe that businesses need to
place at least an equal weight on society’s interests as on
business interests.
• Corporate Benefit: 93% of consumers say that these types of
partnerships result in a more positive image of the company
• Nonprofit Benefit: 79% of consumers would donate to a
charity supported by a trusted company and 76% would
volunteer for a cause that a trusted company supports
• Most Americans say they are more likely to trust (90%) and
be more loyal (90%) to companies that back causes
5/20/2014
In the past 12 months:
• 54% bought a product with a social and/or environmental
benefit
• 65% made a donation
• 42% boycotted (refused to purchase) a product/service
upon learning it behaved irresponsibly
• 42% volunteered
• 38% told friends/family about a company’s CSR efforts
• 29% researched a company’s business practices or support of
social and environmental issues
Trends
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2013 Cone Communications Social Impact Study
US Consumers Are Actively Engaged
5/20/2014
• Mutually beneficial relationship that leverages
assets from both brands
• Raises funds and/or awareness of a societal issue
• Engages a brand’s stakeholders (customers,
employees, etc.) in a mission that is aligned with
the company’s brand or values
• Enhances brand equity and can provide product
differentiation or increased sales
What is a Cause Alliance?
© 2014 For Momentum, L.L.C. All rights reserved. 7
Trends
5/20/2014
• Cause marketing research and
consumer attitudes started with
Cone:
Given similar price and quality,
91% of consumers are very or
somewhat likely to switch brands to one that is associated with a
good cause, compared to 66% in
1993.
Approximately 90% of employees
feel a strong sense of loyalty to their company when they support a cause.
Source: 2013 Cone Communications/Echo Global CSR Study; Cone/Roper 1999 Cause Related
Trends Report
Cause AlliancesThe World’s Most Often Quoted Cause Stats!!
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TrendsTrends
5/20/2014
Cause marketing wins with Moms.
More than 92% of moms:• Find cause marketing acceptable• Want to buy a product supporting a cause• Are likely to switch brands
What issue is most compelling? Disease prevention.
2010 Cone Cause Evolution Study; 2011 Integer Shopper Habits Report
Trends
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Most People Are
Motivated By Cause
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But, also with Millennials (born after 1980).
Compared to other generations, more Millennials:• Attempt to buy products that support causes they care about• Believe corporate programs make cause involvement easier• Prefer active engagement in cause campaigns, such as volunteering
and encouraging others to support a cause• Make direct donations through their mobile devices
2011 American Millennials (Boston Consulting Group and Barkley)
Trends
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Most People Are
Motivated By Cause
5/20/2014
And, cause marketing wins with men:
• 88% of say it’s important for a brand to
support a cause
• 61% have purchased a brand because
it supported a cause
• 67% would purchase a brand because
it supported a cause
• 55% would pay more for a brand
because it supported a cause
2010 PR Week/Barkley PR Cause Survey
Trends
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Most People Are
Motivated By Cause
5/20/2014
African Americans surveyed:
• More steadfast in their convictions to shop with an eye toward social good
• 42% are “very likely” to switch brands to one associated with a good cause
• More than half have purchased a cause-related product
• One in three believe they can have a significant positive impact on social issues through their purchasing decisions
2013 Cone Communications Social Impact Study
TrendsMost People Are
Motivated By Cause
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Hispanics:Compared to the general population, Hispanics are more likely to:
• Purchase products associated with causes (94% vs. 89%)
• Go beyond the register and donate (70% vs. 65%)
• Volunteer (47% vs. 42%)
• Advocate on behalf of companies (43% vs. 38%)
2013 Cone Communications Social Impact Study
TrendsMost People Are
Motivated By Cause
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Page Name Here
Headline for this slide goes here to describe the concept promoted on slide
Ways to Partner
Effective Ways To Partner
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Marketing Driven Initiatives
1. Cause Promotions
Funds, in-kind contributions, or other corporate resources
Increase awareness and concern about a social cause, or
to support fundraising efforts
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Bonus Lesson: Process improvements can make a big difference.At a time when almost nothing was going right at Kmart, they were
able to raise a multiple of past campaigns in 2013 through integration into their
electronic checkout system (which also speeded up the checkout lines).
Ways to Partner
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line© 2014 For Momentum, L.L.C. All rights reserved.
Marketing Driven Initiatives
2. Cause Related Marketing
Commitment to make a contribution
triggered by consumer activity.
16
Bonus Lesson: Words matter.Only when Pampers told a story linking each product purchase to a lifesaving
vaccine did this campaign resonate with consumers.
Ways to Partner
© 2014 For Momentum, L.L.C. All rights reserved.
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line
Marketing Driven Initiatives
3. Corporate Social Marketing
Corporate support for the development and/or implementation of a
behavior change campaign.
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Ways to Partner
© 2014 For Momentum, L.L.C. All rights reserved.
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line
Corporate Driven Initiatives
4. Corporate Philanthropy
Corporation makes a direct contribution to a charity or cause
Typically cash grants, donations, scholarships or goods/services
According to “The Competitive Advantage of Corporate
Philanthropy” (Porter & Kramer) beyond generating good will
philanthropic activities can increase productivity, (infrastructure
improvements), expand markets (donating computers to schools to
seed future preferences) or ensure a strong future workforce (Amex
supporting travel agent training)
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The Foundation provides direct grants to
NGO programs around the world that
connect families with economic
opportunity. We support education -
including job training, life skills and
language acquisition - as well as
financial literacy and small business skills
development programs.
Ways to Partner
© 2014 For Momentum, L.L.C. All rights reserved.
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line
Corporate Driven Initiatives
5. Community Volunteering
Encouraging employees, retail partners, and/or franchise members to
volunteer time to support local community organizations and causes
Stand-alone efforts or non-profit collaboration
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Ways to Partner
© 2014 For Momentum, L.L.C. All rights reserved.
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line
Six Types of Corporate Support
6. Socially Responsible Business Practices
Discretionary business practices that support social causes
Modifications to or new ways of doing business with a social
conscience
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Ways to Partner
© 2014 For Momentum, L.L.C. All rights reserved.
Source: Good Works! Marketing & Corporate Initiatives that Build a Better World,
and the Bottom Line
• More Social Campaigns
o Multi-media storytelling
o Pinterest
• Mobile Activation
o Check-in for Charity
o Text to Give
Ways to Partner
Activations through Social Media
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Local support from national brands
Ways to Partner
22
Local Activations
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Local Fundraising Efforts
Ways to Partner
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Local Activations
5/20/2014 © 2014 For Momentum, L.L.C. All rights reserved.
Tried and true tactics still work!
Register programs including pin-ups,
round up and others raise millions!
• eBay - $54M to various charities
• Walmart/Sam’s Club - $41.6M to CMN
• McDonald’s - $27.9M to Ronald
McDonald House Charities
• Costco - $14.4M to CMN
• Safeway - $12.3M to breast cancer groups
© 2014 For Momentum, L.L.C. All rights reserved. 24
Cause Marketing Forum, America’s Checkout Champion’s 2013
Tried and True
5/20/2014
Ways to Partner
Page Name Here
Headline for this slide goes here to describe the concept promoted on slideBenefits of Partnership
Ways to Partner
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• Awareness
• Sales and
Fundraising
• Employee
Integration
255/20/2014
Ways to Partner
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Generating Awareness
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Best in Class
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Support for Key Initiatives
5/20/2014
Best In Class
Best In Class
• 16 years running
• Donates 10 cents to breast cancer research
for every lid sent in (up to 2,500,000 in 2012)
• Fully integrated branded campaign includes
TV, Pink Lids, Print, On-Line, PR, Couponing,
Retail Marketing, Employee Participation,
Hispanic Extension, Social media
• Spike in revenue - directly linked to
campaign
• Increased employee morale
• Raised $35,000,000+ for breast cancer
research to date
© 2014 For Momentum, L.L.C. All rights reserved. 28
Fundraising
5/20/2014
Best in Class
• Launched in 2002 in Memphis-area restaurants.
Now hosted annually during National Childhood
Cancer Awareness Month throughout US and
Puerto Rico
• As of 2012 Chili's has raised more than $35
million for St. Jude
• Activation Examples:
Guests are encouraged to donate $1 or more
for the opportunity to decorate Chili’s coloring
sheets.
Food servers, bartenders and hosts also raise
money by selling customizable T-shirts and, most
recently, pepper-shaped wrist bands.
Social media elements including Facebook and
Twitter© 2014 For Momentum, L.L.C. All rights reserved. 29
Fundraising
5/20/2014
Employee Integration
Best in Class
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Employee Integration
Best in Class
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AgendaAchieving Goals with Partnerships
Ways to Partner
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Sales
Fundraising
Awareness
Impressions
Reputation
Database
Support CSR
goals
Employee
Satisfaction
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Planning
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Insuring a Return on Investment
33
Delivering success for
all parties can be a
balancing act….
5/20/2014
When asked what benefits they had seen from cause
marketing efforts, CEOs said:
• Public Relations Results (70%)
• Enhanced Brand Reputation (72%)
• Improvement in employee morale and retention (58%)
• Enhanced relationship with target demographics (52%)
• Increase in donations/membership to the nonprofit organization (51%)
• Increase in sales/retail traffic to the business (28%)
Source: PR Week /Barkley PR Cause Study 2009
Planning
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What Companies Look For
345/20/2014
Understanding Priorities
Executing
• Nonprofit Perspective
Message/Brand Match
Funding
Awareness
Expand Database
Resource Constraints
Organizational Policies
National/Chapter Relations
Volunteer Perspective
© 2014 For Momentum, L.L.C. All rights reserved. 355/20/2014
Understanding Priorities
Executing
• Corporate Perspective• Business “success” is the bottom line
Corporate Objectives
Brand Goals
Performance Measures
• Sufficient ROI
Brand Objectives
Management Expectations
Stakeholder Opinions
• Resources
Budget
Human
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Evaluate
Measuring
• Possible Measurements
Impressions
Sales
Name Capture
Web Hits, FB likes, Twitter
Follower, Pinterest Pins, etc.
Calls to 800#
Memberships
Pre and Post Awareness Levels
Pre and Post Opinion Surveys
• Consumers, employees, stakeholders5/20/2014 © 2014 For Momentum, L.L.C. All rights reserved. 37
Q&A
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Q&A
385/20/2014
Resources
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Free Resources
39
www.formomentum.com
5/20/2014
Contact Info
© 2014 For Momentum, L.L.C. All rights reserved.
Mollye Rhea
President, For Momentum
770-604-9877
www.formomentum.com
405/20/2014