1. Yes, there is an ROI for doing good.
- Author
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Neff, Jack, Bush, Michael, York, Emily Bryson, and Zmuda, Natalie
- Subjects
- *
SOCIAL responsibility of business , *MARKETING costs , *MARKETING management , *MARKETING research , *RATE of return , *ECONOMICS - Abstract
The article examines so-called "cause marketing" by corporations, heavily publicized efforts by companies to promote programs devoted to social or environmental issues. This type of philanthropy is popular, but some express doubt that it is a cost-effective use of marketing spending. Mark Hess, a researcher for Omnicom Group, states that cause marketing can actually offer a better return on investment than conventional marketing.
- Published
- 2008