product marketer and leading nonprofit organization Passion branding Social issues marketing
Amity Business School
Nonprofit assigns right to use name and
logo in promotion of commercial products Sponsor pays substantial sums of money for use of nonprofits name and logo in advertising
The rise of cause marketing
Amity Business School
relatively recent phenomenon
earliest use (1983) involved promotion by American Express for each purchase made with card one penny contributed to renovation of Statue of Liberty
raised $1.7 million
generated 28% increase in card usage
What are the benefits to
nonprofits?
Amity Business School
Further the organizations mission
Leverage the marketing budgets of corporations by obtaining access to mass media resources it could not otherwise afford Increase public awareness Gain an increasingly significant source of revenue
What are the benefits to the
commercial sponsors?
Amity Business School
Generate increased sales
Enhance image as good corporate citizen Develop long term customer relations Build brand loyalty Differentiate themselves and their products from other sellers and products in competitive marketplace