Successful Marketing? Make it Cause Related.

Cause related marketing is one of the most successful forms of marketing. People have a hedonistic need to feel involved and part of something. A brand that sells a certain lifestyle or movement are the ones who last in the competition.

We can look at examples such as Livestrong bracelets, Toms shoes, anything that is pink to support the Breast Cancer Awareness campaign and more. When consumers purchase these items, they are willing to pay a little more than they normally would because they feel as though they are doing good. If a consumer buys a pair of Toms shoes, they know that they are helping a child somewhere because Toms donates a pair of shoes for every pair purchased. If you're going to support a brand, why not support a brand that gives back?

The founder of Pura Vida Bracelets was a guest speaker for my Direct Marketing class today at San Diego State University, and I was really intrigued at the meaning behind his brand. Pura vida means "pure life" in Spanish. When you purchase a bracelet, it helps provide more jobs for artisans in Costa Rica along with reminding yourself to enjoy life slowly, celebrate good fortune & not taking anything for granted. There is more to the story but the meaning behind the bracelet was what got me; I am now a supporter of Pura Vida Bracelets. :)

Isn't it just so amazing how consumers are happy to pay for a bracelet made of waterproof strings with a small charm attached because the brand stands for something that the consumer feels represents them?

Cause related marketing = success. Point blank period.