Cause Marketing is another great guerrilla marketing weapon, and one that seems to be underutilized in the small-medium business community. In fact, when I look around, I see very few entrepreneurial businesses using this tried and true tactic; although I do see a number of larger companies using it extremely well.
So, what is cause marketing, anyway? At its heart, cause marketing is a form of fusion, or joint venture marketing in that it links two organizations together to market for the greater good of both. And, when one of those companies is cause-oriented, magic can happen! Below are three of my favorite examples of great cause marketing.
An author-friend of mine recently held a book signing at the local American Red Cross Office. He donated part of the proceeds on every book purchased to the Red Cross. Both he and the Red cross heavily promoted the event and both came out as big winners. People who purchased a book were also big winners since they got a signed copy of a great book (“7 Principles of Public Speaking”) and left knowing that they had given something to a great cause. Everyone won that day.
Another great example of cause marketing is my friend Colin Lewis who lives across the pond in Poland. His company, Wisdom Notes, delivers beautifully written key points and quotes from numerous inspiring and thoughtful books. Now, here’s the great part – from the annual subscription fee that he charges, he is donating 100% to the Chiva Foundation which funds orphanages in Poland. His goal is to raise $1 million in a year. How could you not feel great about that?
A pizzeria near where live donates a portion of their proceeds every Tuesday night to a local organization benefiting victims of domestic abuse and violence. Their restaurant is packed on Tuesday nights now, and all for a good cause!
These are just a few of examples of great cause marketing. These don’t have to be highly complex agreements, but there are a few things to keep in mind.
Find an organization that you are personally passionate about and believe in
Make sure that all participants have a clear (written) understanding of the financial splits
Agree in advance as to what specific marketing actions each participant will take on (direct mail, email, web content, web banners, public service announcements, press releases, flyers, etc.) All parties should be invested in the marketing process in order to get maximum results.
Promote, promote, promote!
This is just another example of how to use your time, energy and imagination rather than big bucks to guerrilla market your business.
Deborah Bifulco is co-founder of The Coach Academy, specializing in advanced and niche training for mentors, coaches and consultants.
Deborah has trained and mentored hundreds of coaches and consultants around the world, through one-on-one mentoring, group coaching, webinars and live training.
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