Marketing > Marketing Glossary. Definition of Marketing Related Terms > Social Cause Marketing Definition
Social Cause Marketing Definition
Dive into the transformative power of Social Cause Marketing. An amalgamation of strategic business insight and philanthropic consciousness, this innovative strategy not only empowers organizations to effect societal change but also creates compelling narratives that resonate with modern consumers.
Social Cause Marketing, at its core, is the strategic alignment of a brand with a social cause to achieve both business and societal objectives. This potent combination of marketing acumen and social consciousness taps into the emotional narrative of consumers, building brand affinity, trust, and loyalty.
In this era, where consumers increasingly expect businesses to act responsibly and engage in issues beyond their products, Social Cause Marketing offers an opportunity to establish a brand as not just a business but a catalyst for change. A Nielsen survey found that 55% of global online consumers across 60 countries are willing to pay more for products and services from companies committed to positive social and environmental impact.
For B2B marketers, Social Cause Marketing could be the key to standing out in an increasingly crowded market, driving both social change and business growth.
Professions and Professionals:
Key professionals involved in Social Cause Marketing include Brand Managers, Social Impact Strategists, Marketing Managers, Public Relations Managers, and Corporate Social Responsibility (CSR) Officers. They combine their understanding of business strategy, marketing, and social issues to create campaigns that deliver both business and societal benefits.
Process and Application:
The process starts with identifying a social cause that aligns with the brand’s values and mission. A detailed strategy is then developed, incorporating elements of storytelling, consumer engagement, and advocacy. The campaign should resonate with the target audience and be seamlessly integrated into the company's broader marketing strategy.
Expert Advice, Do's and Don'ts, and Risk Mitigation:
Experts advise that authenticity is crucial in Social Cause Marketing. Aligning with a cause that doesn’t resonate with the brand or appears forced can lead to accusations of 'cause-washing', damaging the brand's reputation. It's crucial to select a cause that aligns with the company's ethos and values.
Do engage with stakeholders, including employees, customers, and the communities you serve, when selecting a cause. Don’t overlook the importance of long-term commitment.
Risks include possible backlash if the campaign is perceived as insincere or exploitative. Risk mitigation involves extensive research, transparency, and regular engagement with stakeholders.
Real-World Examples:
Notable examples include Dove's "Real Beauty" campaign promoting body positivity, and TOMS Shoes' "One for One" initiative, donating a pair of shoes to someone in need for every pair sold. These initiatives have not only raised awareness for important causes but also strengthened the brand's market position.
Conclusion:
In an era where profit and purpose are increasingly intertwined, Social Cause Marketing offers a compelling narrative for brands to differentiate themselves, forge stronger bonds with their audiences, and drive both societal and business impact. For B2B marketers, it's a powerful tool to engage in deeper, more meaningful conversations with their customers.
As an old saying goes, 'doing well by doing good.' In today's hyper-connected, socially conscious world, that adage holds more truth than ever before. Therefore, harnessing the potential of Social Cause Marketing isn't just an option—it's a strategy.
Marketing > Marketing Glossary. Definition of Marketing Related Terms > Social Cause Marketing Definition