Definition
Cause marketing is a strategy that develops a mutually beneficial relationship between a firm and a nonprofit organization that involves a consumer transaction wherein the firm will provide some form of donation to the nonprofit organization as a result of the transaction.
Introduction
It has become commonplace to see purchasable products that offer some connection to a cause or nonprofit organization. You might purchase a box of cereal and have the opportunity to mail in a portion of the box top which would provide funds for after-school programs for at-risk youth. You might purchase a scarf at a department store where a percentage of the proceeds from the purchase would be sent to a nonprofit organization fighting against heart disease. You might buy a cup of coffee, and a certain amount of the purchase price would be given to a nonprofit...
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References
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Pressley, C.L. (2016). Cause-Related Marketing. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2593-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_2593-1
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