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Cause Marketing: Noble Profits Last year Susan G. Komen for the Cure generated $35M in revenues from sales of branded products. Whether a pair of pink New Balance trainers or a pink Swiffer, these products seek to capitalize on a broad national interest amongst their target demographics in curing breast cancer. By connecting with this important cause, these consumer products companies seek to increase sales, sometimes earning a premium at retail, while increasing loyalty to their brand. Cynical? Hardly. While some of these efforts are developed in service to the almighty dollar, many direct spending toward products and companies committed to sharing their profits with causes they strongly believe in. The nursery and landscape industry has long been recognized as full of good people and businesses, strongly connected to their staffs, their customers and their community. This month we explore how several firms have learned how to do well in business by doing good with personal and local causes. The May issue of ANLA Today also looks at a new effort to launch a national, product-based, cause marketing effort, formerly the sole domain of power-house consumer products companies. Perhaps you will want to join the effort to raise $1M for breast cancer research by hosting your own Pink Day this summer. Special thanks goes to Spring Meadow Nursery. They walk the talk, a firm built on a culture of quiet philanthropy, supporting the Horticultural Research Institute, a scholarship program and many local causes. They are also the focus of this month’s cause marketing case study on a national, cause marketed product launch. Let’s get started, shall we? The articles in this month’s ANLA Today are listed on the right in the "table of contents." Just click on them and begin watching/reading. * This issue of ANLA Today requires that you complete a free registration on the ANLA Knowledge Center. To begin the brief (we promise!) registration, just click on the link in the upper right hand corner. |
Feature Story
Doing well by doing good. Cause marketing, as opposed to corporate philanthropy, aims to build your sales and your brand by connecting your company to a cause. Does it work, or does it just add work and expense to your existing giving program? Can cause marketing earn you noble profits?
From The National Landscape...
You can buy a (RED) iPod or Starbucks coffee to fight AIDS in Africa. You can buy a pink Brita water pitcher or Swiffer mop to support breast cancer research. Nationally recognized issues have the potential to attract large local audiences of interest. However, it usually takes the national marketing that supports a national product release. Learn how our industry is taking a first step into this arena with ANLA's case study of the Invincibelle Spirit Hydrangea Pink Day program.
...To Your Own Backyard
Supporting local charities and groups forms strong bonds with your community. Can that bond support your sales? The line between philanthropy and cause marketing is marked by the divide between giving out donations and bringing in customers. (NO disrespect intended to the laudable philanthropy going on in our industry.) Learn how your peers are finding ways to connect business with the causes that truly matter to them.
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