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Cause Marketing
An Approach Towards Corporate Social Responsibility
                  In Bulgaria
Presentation Overview
•   Introduction
•   Purpose of the Paper
•   Methodology
•   Findings
•   Conclusion
•   Future Research Suggestions
Introduction
• Cause marketing represents cause-specificity of CSR.
• It can effectively target many social and environmental issues while delivering
  positive corporate image, strengthening brand affiliation and enlarging
  market shares.
• According to the 2012 Edelman goodpurpose® nearly half (47 percent) of
  consumers have bought a brand at least monthly that supports a cause.
Purpose of the Paper

The purpose of this paper is to identify the characteristics of
 cause marketing as an approach towards corporate social
     responsibility in companies operating in Bulgaria.
Methodology
• A sample of 50 randomly selected companies using cause marketing.
• Categorization of the cause marketing practices (main topics).
• Examine the types of collaboration between the surveyed companies and
  non-profit organizations.
• Identifying the marketing mix elements used in cause-related marketing
  campaigns.
Findings – Main Topics
•   Ecology – preservation of nature.
•   Health – prevention of diseases.
•   Children – special care, preventing abuse, happy childhood.
•   Education – equal opportunities for education, minorities, lifelong learning, etc.
•   Orphans – prevention, providing shelter, adoption.
•   Sport – different sports, sport activities among the society.
•   Art – supporting arts and culture, talented people.
•   People with disabilities – improving the living space, offering job opportunities, etc.
Findings – Collaboration Types
•   For each sold product the company donates a certain amount of money.
•   A percentage of the total sales of a product is spend on charity.
•   The profit or part of it is donated.
•   Developing a strong relation between the product, its usage
    and the supported cause.
• Administering a company proposed cause.
Findings – Marketing Mix
70%
60%                               58%
               50%
50%   44%
40%
30%                     24%
20%
10%
0%
      Price   Product   Place   Promotion
Conclusion
• The partnership between business and non-profit organizations evolves and covers
  a wide range of activities.
• The main topics and types of cause-related marketing campaigns, which tend to
  expand rapidly.
• The surveyed companies utilize the elements of the marketing mix, but need more
  sophistication in its use.
• The relation between cause marketing and corporate social responsibility still
  concerns only the product and only half of the companies use this as a CSR
  approach.
Future Research Suggestions
• Examining customer responsiveness to cause marketing campaigns.
• Studying the specifics of cause-related marketing by types of industry.
• Examining its impact on key performance indicators.
Petar Petrov, PHD student
                             E-mail: p.k.petrov@ue-varna.bg
ICOM 2013                    Marina Kamenova-Timareva, PHD student
February the 19-20th, 2013   E-mail: manikam23@abv.bg

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Cause marketing – an approach towards corporate social responsibility in Bulgaria

  • 1. Cause Marketing An Approach Towards Corporate Social Responsibility In Bulgaria
  • 2. Presentation Overview • Introduction • Purpose of the Paper • Methodology • Findings • Conclusion • Future Research Suggestions
  • 3. Introduction • Cause marketing represents cause-specificity of CSR. • It can effectively target many social and environmental issues while delivering positive corporate image, strengthening brand affiliation and enlarging market shares. • According to the 2012 Edelman goodpurpose® nearly half (47 percent) of consumers have bought a brand at least monthly that supports a cause.
  • 4. Purpose of the Paper The purpose of this paper is to identify the characteristics of cause marketing as an approach towards corporate social responsibility in companies operating in Bulgaria.
  • 5. Methodology • A sample of 50 randomly selected companies using cause marketing. • Categorization of the cause marketing practices (main topics). • Examine the types of collaboration between the surveyed companies and non-profit organizations. • Identifying the marketing mix elements used in cause-related marketing campaigns.
  • 6. Findings – Main Topics • Ecology – preservation of nature. • Health – prevention of diseases. • Children – special care, preventing abuse, happy childhood. • Education – equal opportunities for education, minorities, lifelong learning, etc. • Orphans – prevention, providing shelter, adoption. • Sport – different sports, sport activities among the society. • Art – supporting arts and culture, talented people. • People with disabilities – improving the living space, offering job opportunities, etc.
  • 7. Findings – Collaboration Types • For each sold product the company donates a certain amount of money. • A percentage of the total sales of a product is spend on charity. • The profit or part of it is donated. • Developing a strong relation between the product, its usage and the supported cause. • Administering a company proposed cause.
  • 8. Findings – Marketing Mix 70% 60% 58% 50% 50% 44% 40% 30% 24% 20% 10% 0% Price Product Place Promotion
  • 9. Conclusion • The partnership between business and non-profit organizations evolves and covers a wide range of activities. • The main topics and types of cause-related marketing campaigns, which tend to expand rapidly. • The surveyed companies utilize the elements of the marketing mix, but need more sophistication in its use. • The relation between cause marketing and corporate social responsibility still concerns only the product and only half of the companies use this as a CSR approach.
  • 10. Future Research Suggestions • Examining customer responsiveness to cause marketing campaigns. • Studying the specifics of cause-related marketing by types of industry. • Examining its impact on key performance indicators.
  • 11. Petar Petrov, PHD student E-mail: p.k.petrov@ue-varna.bg ICOM 2013 Marina Kamenova-Timareva, PHD student February the 19-20th, 2013 E-mail: manikam23@abv.bg

Notes de l'éditeur

  1. Anyquestions, remarks or suggestions will be appreciated.