...2011 CAUSE MARKETING Cause Marketing - "Do Well by Doing Good" Executive Summary Companies face challenge to “out advertise” or “out differentiate” its brand when markets are becoming almost undifferentiated. At this time, creating an emotional connection with the customers seems most difficult task at hand. In the market place where customer and societal expectations are changing rapidly requiring constant innovation of new ideas, products and services, strategy and social responsibility provide the shortest route to an organization’s success. Therefore, cause branding provides an effective alternative to enhance brand equity by associating brand with an appealing cause. This project explores effectiveness of cause related marketing strategy and tries to find the answer to the question “How it impact to brand building?” It gives brief introduction to the concept of cause branding, its definition and difference between cause marketing and corporate philanthropy and corporate sponsorships. Then, it tells about the inception of cause marketing, its evolution into cause branding and need for cause related marketing, collected primary data analysis and secondary data examples which benefited from this marketing strategy. Introduction Creating brand equity is the most powerful weapon in a company’s armor to beat the competition. In the fiercely competitive market place of today where customer and societal expectations are changing rapidly requiring constant innovation...
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...Definitions of CRM “the process of formulating and implementing marketing activities characterized by an offer from a firm to contribute to a designated cause when customers make purchases” (Varadarajan and Menon, 1988: 60). Despite being broadly accepted, this definition has been widened through the years with the contributions of other authors. Specifically, it was in the mid-90’s when Kotler and Andreasen defined CRM as “any effort by a corporation to increase its own sales by contributing to the objectives of one or more nonprofit organizations” (Kotler and Andreasen, 1996: 304). Two years later, Business in the Community, an organization which develops CRM programmes in the UK, stated that CRM programmes were a commercial activity in which companies were linked to social causes for mutual benefit (Business in the Community, 1998). And one year after, in 1999, Pringle and Thompson stated that CRM was “a strategic positioning and marketing tool which links a company or brand to a relevant social cause or issue, for mutual benefit” (Pringle and Thompson, 1999: 3). This statement widened the contributions made until that date, stating for the very first time that CRM was a strategic marketing tool and therefore a long-term strategy. What was more, and according to these authors, “the distinctive characteristic of the true Cause Related Marketing is longevity. Charity promotions are by definition shorttermist both in the actual period during which they...
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...Portland State University ETM 555/655 Winter 2016 Marketing Malpractice The Cause and the Cure [C hristensen, Clayton M., Scott Cook, and Taddy Hall. "Marketing malpractice." Harvard business review vol. 83, no.12, pp. 7483, 2005.] READING BRIEF #2: Dt 2/16/2016 COURSE: ETM 522/622 INSTRUCTOR: Prof. Shimon Shmueli PREPARED BY: Achala Kaushikkar Page 1 of 4 Portland State University ETM 555/655 Winter 2016 ARTICLE OVERVIEW This paper by Christensen, Cook and Hall is a mock up marketing customs and practices that are adopted by several organizations to launch appealing quality products every year in the market. However that fact that most don't make it big despite of magnanimous money and vivid creativity behind its promotion, becomes a mystery with a alarming concern. The mere argumentation by this article revolves around the concept of broken prototype of customer segmentation under marketing, which becomes the reason for the failure of products as they fail to respond to the demanding customer segments. The authors claim that products designed and launched, unfortunately do not accomplish the job, a customer is yearning to get done. It simply can be translated as the products and marketers often solve the wrong problems, improving their products...
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...head: Cause-Related Marketing Cause-Related Marketing Alvina Burch Everest University Write about three things you can do to take your role as a socially responsible customer more seriously. The discussions of the social responsibilities of a business are notable of their analytical looseness and lack of rigor. What does it means to say business has responsibilities? Only people can have responsibilities. A corporation is an artificial person and in this sense may have artificial responsibilities, but business as a whole cannot be said to have responsibilities, even in this vague sense. Some people will say that they have to “stretch a dollar” and that is why they aren’t socially responsible. What would you say to them to get those individuals to consider changing their views on this? I would say the reason why we say we have to stretch a dollar is because we are living from paycheck to pay check and when you don’t have the money then it is hard to try to pay bills and be responsible. I also find it to be a big challenge when it is just you by yourself and no one is helping you pay your bills then you have to make every dollar count see people really don’t understand when you are living from check to check and when something might have to be turned off until you can be able to afford to pay for it. I always find myself wondering how am I going to pay my bills and when I look up I have money but then when I don’t have no money I goes to getting discourage cause I don’t...
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...well. In this situation, social value might be the striking factor that leads to the success. In other words, purchasers are not only willing to support mentally, but with the meaning social activities, they are also enthusiastically responding with hearts as well as their money. And one of the most effective marketing strategies to attract customers to the social activity is cause marketing or cause-related marketing. Besides, providing funds for projects or researches for social welfare is an excellent expression of responsible citizen of organization, also is a best chance to enhance company’s image through mass media communications. Cause marketing is simply cooperation between for-profit business and non-profit organization for mutual benefit. Adkins (1999) also believes that “Cause Related Marketing as ‘a commercial activities by which a business with a product, service or image to market builds a relationship with a cause or a number of causes for mutual benefit’”. In other words, the relationship will be form when both parties have contributed and had certain benefits mutually. According to Daw (2006), for over the last twenty years, the development of cause marketing has presented itself in diverse ways including the growth of numbers, range and depth. Today companies and non-profit organization can contain this strategy in product sales, promotions and program-driven collaboration. For example, Lee Jeans and Lee National Demin Day, the world’s largest single-day fundraiser...
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...to assist the nonprofit organization in raising fund or to benefit the society by supporting a cause. P.R. Varadarajan and A. Menon (1988) have seen Cause Related Marketing in the early stages but absolutely in a projective way. They defined Cause Related Marketing as the process of formulating and implementing marketing activities that are characterized by an offer from the firm to contribute a specified amount to a designated cause when customers engage in revenue-providing exchanges that satisfy organizational and individual objectives. Kevin Keller and Philip Kotler (2006), in agreement with Varadarajan and Menon Cause related Marketing is that marketing activity that links the firm’s contributions to a designated cause to customers’ engaging directly or indirectly in revenue producing transactions with the firm. On the other hand, "Cause marketing is the action through which a company, a nonprofit organization, or a similar entity markets an image, a product, a service, or a message for mutual benefit of the entity and the cause," writes Marconi in the first chapter of the book Cause Marketing. Barone, Miyazaki and Taylor (2000) noted that there are actually two approaches to cause related marketing. The direct approach, described above by Varadarajan and Menon, links the size of donation to sales of particular products. An example of this is Bashundara Tissue, recently the commenced a new baby diaper and baby tissue, at eve of the launch, they enunciate to donate tk. 1...
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...An Analysis of Cause-Related Marketing Implementation Strategies Through Social Alliance: Partnership Conditions and Strategic Objectives Author(s): Gordon Liu and Wai-Wai Ko Source: Journal of Business Ethics, Vol. 100, No. 2 (May 2011), pp. 253-281 Published by: Springer Stable URL: http://www.jstor.org/stable/41475841 Accessed: 18-02-2016 18:44 UTC REFERENCES Linked references are available on JSTOR for this article: http://www.jstor.org/stable/41475841?seq=1&cid=pdf-reference#references_tab_contents You may need to log in to JSTOR to access the linked references. Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Springer is collaborating with JSTOR to digitize, preserve and extend access to Journal of Business Ethics. http://www.jstor.org This content downloaded from 69.175.85.2 on Thu, 18 Feb 2016 18:44:28 UTC All use subject to JSTOR Terms and Conditions of Ethics (2011) 100:253-281 Journal Business DOI 10.1007Л10551-010-0679-7 An of Analysis Cause-Related Strategies Implementation ...
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...solutions. “Our goal is to provide the opportunity for individuals with autism spectrum disorders to achieve their fullest potential (USAAA, 2011)”. USAAA is dedicated to: ← Providing immediate solutions through expert guidance and compassionate support. ← Consolidating the overwhelming amount of information and resources to simplify the lives of all associated with autism. ← Individualizing education on treatments and services for the diverse population of those affected. ← Providing networking opportunities for parents, professionals, student’s educators, and individuals (USAAA, 2011). USAAA offers information and education to those affected by ASD to help them grow and learn together. USAAA will be offering and marketing the new touch pad for kids with autism and learning disabilities. This touch pad will allow the kids and families to be hands on, sociable, and to have fun. The touch pad will allow the one...
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...Sport MarHeting Quarteriy, 2006, 15, 184-189, © 2006 West Virginia University Nike's Corporate Interest Lives Strong: A Case of Cause-Related Marketing and Leveraging Colleen McGlone and Nathan Martin ( involved in CRM, as well as addresses ethical dilemmas that may arise when these campaigns are being considered by both corporations and non-profit organizations. Nike's Corporate Interest Lives Strong: A Case of Cause-Related Marketing and Leveraging Sport Sponsorship Corporate sponsorship of athletes, facilities, and events is not a new phenomenon in the sport marketing wodd. Sponsorship appears td be everywhere, from sponsored stadiums and fields to apparel and clothing. This surge in sponsorship has not only increased the expense of sponsorship, but it has also created an environment where cutting through advertising clutter has become more difficult. With changing consumer habits and the need to target specific lifestyle segments, corporations are looking to use s]5ort sponsorship more frequently as a means to meet a variety of objectives (Belch & Belch, 1995; Shimp, 1997). Specifically, sport sponsorship is "a business relationship between a provider of funds, resources, or services and a sport event or organization, which offers in return specific rights that may be used for commercial advantage" (Howard & Crompton, 2004, p. 434). Of all the commercial advantages a corporation may seek to exploit through sport sponsorship (e.g. image building, brand building,...
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...as a solvent. The Carr’s noticed the smell of the chemical and immediately complained of headaches, congestion, and runny noses. At the Trial Court level the Carr’s failed to provide expert testimony as a link between the chemical spill and the physical symptoms the Carr’s had experienced . The Suit: The trial court granted a no-evidence summary judgment in favor of the Appellee, Union Pacific Rail Road. The Appellants, (the Carr’s, et.al), failed to meet two of the four elements of negligence. The Appellants appealed, arguing that expert testimony is not required. The District court disagreed, reasoning that summary judgment was “proper because the Plaintiffs have not presented any expert witness testimony on the issues of proximate cause and damages”. The Appellate Decision: The Trial court decision was affirmed. SUDDEN EMERGENCY The elements of the rule of non-liability known as sudden emergency are set forth in the case of Kilgore Mechanical v. Shafiee, ____S.W.3d____2011 WL 1849095, (Tex.App.-Houston[14th Dist.] 2011, no pet.) as follows: Elements: 1. An emergency situation arose suddenly; 2. The emergency situation arose unexpectantly; 3. The emergency situation was not caused by the emergency act or omission of the defendant; 4. The emergency situation required immediate...
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...You are a Police Officer. The task at hand was to read and interpret three different scenarios. Then write about how I would react to the situation if I was the officer on the scene. I have to determine if I would have probable cause, reasonable suspicion, and whether or not I would pursue the suspect or suspects involved in the scenario. I have thoroughly read and analyzed each scenario, and have come to a decision for each situation. In Scenario one a juvenile is spotted walking near a sports warehouse building that is being watched due to it being burglarized several times over the past six months. The juvenile is wearing a heavy luxury sports coat, and also has a pair of new sneakers on. As the officer on the scene I would determine that there was not sufficient probable cause to stop and pursue the individual. There is reasonable suspicion being presented in this situation, the juvenile is wearing expensive and new sports gear that could have very well come from the sports warehouse. Although I do not believe this is enough to stop the juvenile. The farthest I would go in pursuing the individual would be to tail him looking for any suspicious activity to further pursue him. In the event his actions provided sufficient probable cause I would calmly stop the juvenile and question him on what he was doing in the area. I would make a decision to arrest him or not based on his answers and my own personal observation. Scenario two presents a situation in which a...
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...the case of Mr. Margrieter V. New Hotel Monteleone, Inc are Duty, breach, cause in effect, proximal cause and harm (damage suffered as a proximal result of the defendant’s breach of duty). Duty refers to an obligation one has to another party. If duty “constrains and channels behavior in a socially responsible way” (Owen, 2007), then the Hotel Menteloene has a duty to take reasonable measures to protect its guests from harm. Breach, an improper act or omission, can also be viewed as an element that exists in this case. The hotel did not provide adequate security, as it did not replace the security personnel that had called in sick. It is particularly a breach if the hotel has determined that security is necessary to protect the property and its guests. It provided one employee to monitor the rear door, but the employee is not reported to have experience in security. Evidence of lack of security at exits and entrances, As well as lack of camera security monitoring and alarms are all actions that created a situation in which Mr. Margrieter could be abducted without notice, as could any other guest. Cause in Fact refers to the direct cause of one party’s action leading to the harm of another. If the lack of adequate security has led to Mr. Margrieter’s injuries, then cause in fact can be shown. Two men unlocked his hotel room door with a key. If this is the case, then cause in fact does exist. It would be difficult for the hotel to explain how two...
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...Testing students for drugs In this section of the reading it states that drug testing in schools is valid and not violating the fourth amendment. I would say that I do agree with them because they are trying to keep drugs out of school. In my opinion this does not violate the fourth amendment because the children are choosing to be in sports even though they know there will be drug testing. I would say this is more of a search than a seizer. The school does have their rights to ask for a drug test for students who want to participate in sports. School have a rule that if you are participating in sports than you cannot be on drugs. They would not be drug tested against their will which means that it is not an illegal search. I have never heard of a middle school drug testing athletes and I feel that should not be done. Middle school children are too young to be thought of as children on drugs. If they are being drug tested then they are being introduced to the thought that drugs are out there and can be done. I think it is very inappropriate to drug test a middle school student. There should be an age limit on drug testing students. Squeezing luggage on a bus I am going to have to disagree with this section of the reading. In this section of the reading an officer squeezed a passengers bag when he passed by. He felt a brick like substance and asked to check the bag. The man said yes it was okay to check the bag. At that time the officer found drugs in his bag. In court...
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...Week 2 BUS670: Legal Environment In a society full of human’s supply and demand for most commodities can be very demanding and overwhelming to the produces. With the demand being so high, companies are forced to produce products at a higher rate of speed. Typically, when products are made at a faster speed, minor things are more likely to go wrong with the product. With this being said, there is a large number of recalls on items produces on a daily basis. It is important for consumers to be aware of what is being recalled. It is also important for the manufacturing company to have a system in place to contact the consumers who purchased a product that has been recalled, as well as a way to correct the problem they may be faced with. Our job was to locate a product that has recently been recalled I chose to research the Keurig MINI Brewing System, it was recalled on December 23, 2014, and the Recall number: 15-05. See below for an example of the product code bar and what the consumers who purchased the product were looking for to see of their product was affected by the recall. This picture below was provided by the compnay. * | | 1. 2 of 3 photos 2. Identification number is located on a white sticker on the bottom of the brewers 3. Below is a brief summary of the product and why it was recalled, also known as the Recall Summary? Keurig® MINI Plus Brewing Systems...
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...Sebi vs Merchant Banker Imperial ... on 10 April, 2003 Securities Appellate Tribunal Sebi vs Merchant Banker Imperial ... on 10 April, 2003 Bench: G Bajpai ORDER G.N. Bajpai, Chairman 1.0 M/s. Imperial Corporate Finance & Services Pvt. Ltd. is registered with SEBI as a Merchant Banker. M/s. Imperial Corporate Finance & Services Pvt. Ltd. (hereinafter referred to as the Merchant Banker) has acted as Lead Manager in the rights issue of M/s. Gammon (I) Ltd. (hereinafter called as the issuer company) for 63,20,572 equity shares of Rs.10/- each at a premium of Rs.20/- per share aggregating to Rs.18,96,17,160/-. The issue was opened for subscription on 15.10.01 and closed on 15.11.01. It was alleged that certain material disclosures were not made in the Letter of Offer of the rights issue concerning a criminal case against Shri Abhijeet Rajan, Chairman and Managing Director of the issuer company. SEBI received a complaint dated October 17, 2001 from Prashant Glass Works Pvt. Ltd. stating that a criminal complaint was filed before the IVth Additional Chief Judicial Magistrate, Varanasi on 15.10.1996 against Shri Abhijeet Rajan for the offence of forgery etc. and that he was on bail since 1998. Further that the matter concerning the criminal case was not disclosed in the Letter of Offer and thereby the Merchant Banker had not exercised due diligence and skill for ensuring true and fair disclosures in the Letter of Offer and was issued negligently without verification of the statements...
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