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Cause-Related Marketing

# 59327
An examination of whether cause-related marketing impacts brand imaging in a positive manner.
1,247 words (approx. 5 pages) | 10 sources | MLA | 2004 | United States
Published on: Jun 16, 2005

Paper Summary:

This paper analyzes cause-related marketing (CRM) from a business perspective in order to determine what exactly cause-related marketing is and what relationship exists, if any, between cause-related marketing and brand imaging. The paper explores whether CRM is a successful tool for enhancing brand image and thus public opinion of a corporation's products and/or services.

From the Paper:

"To understand how cause related marketing is related to brand marketing one must first understand what exactly cause related marketing entails. Brown, Olsen & Pracejus (2003) define cause related marketing as a technique whereby "the contribution of the advertiser to a cause is linked to the customers' engaging in revenue producing transactions with the firm" (19; from Varadarajan & Menon, 1988: 60). Cause related marketing is increasingly a popular trend in marketing, resulting in more than seven hundred million dollars per year in promotion expenditures in the United States alone (Brown, Olsen & Pracejus, 2003; IEG, 2001). Kelley & Kowalczyk (2003) define the practice of cause related marketing as a process of "formulating and implementing marketing activities that are characterized by contributed a specific amount to a designated effort that causes customers to engage in revenue providing exchanges" (p. 15). Cause related marketing strategies serve corporations in a number of ways, allowing them to justify donations, utilize fewer resources, differentiate products and services among other things (Keeley & Kowalcyzk, 2003:15)."

Cite this paper

APA Citation:

Cause-Related Marketing (2012, April 01). Retrieved May 23, 2012, from http://www.academon.com/Business-Plan-Cause-Related-Marketing/59327

MLA Citation:

"Cause-Related Marketing" 01 April 2012. Web. 23 May. 2012. <http://www.academon.com/Business-Plan-Cause-Related-Marketing/59327>




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