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The Cause Marketing Triangle: Doing Good & Driving Revenue . MEDIA. CAUSE. BRAND. Local Media Revenue Summit May 2014. My Theory. T here is no false tradeoff between doing well and doing good. . What do you care about? . Our Chat. Long, long ago….
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The Cause Marketing Triangle: Doing Good & Driving Revenue MEDIA CAUSE BRAND Local Media Revenue Summit May 2014
My Theory There is no false tradeoff between doing well and doing good.
Advertisers as Drivers of Change • Advertisers will spend $1.84 billion on cause sponsorships in 2014 (200% lift in 10 years)
Consumers as Ambassadors "If you give consumers the choice, they will choose the product that will do good in this world.” - Chrysi Philalithes, Chief Digital Officer at (RED)
Cause Brand
Cause Marketing = Cause Brand Media
Real Life Stories media + cause marketing
Cause Brand Media
DJ Endorsements On Air Trivia
Measured Success MTV “Get Yourself Tested” 92,000 ~ engaged 5,317 ~ online testing 3,920 ~ onsite activation 569 ~ tested
Audience • Who are they? • What do they care about? • What are their passions? Aspirations? • What are their problems? What do they need?
Assets • Traditional inventory • Paradigm shift – what other ‘assets’ do you have? • Relationships • Community partners • Events / Entertainment
Smart Partnerships • Intersections where people and organizations can be a complement
Say it Again? • There’s great opportunity to do well by doing good • Advertisers are spending • Consumers are responding • Traditional cause marketing campaigns need a way to connect with more people • Local media is the powerful connection to turn ‘good idea’ cause marketing into movements that inspire people to act and change the world MEDIA CAUSE BRAND
Buy into the theory? • Start with something you are passionate about that also matters to your audience • Passionate cause champions make for a motivated sales team
Engage people. Inspire belief. Incite action. Sarah Harris sharris@inciteimpact.com @sarah_incite