5 paradoxes of consumer behavior
Wednesday, July 9th, 2008 by Ali CherryFor every person who says cause marketing and corporate philanthropy are “feel-good exercise[s], generating little value for a company’s shareholders” like Marc Gunther at Fortune, there is another saying “Executives tempted to cut back on their corporate philanthropy in a slowing economy should think again” like Rachel Cohen at Forbes.com.
With hard economic times, the debate about the merit of supporting nonprofits in any capacity is front and center for corporations, foundations, individual donors and the nonprofits that benefit from them. These days it feels like every other story in the news is about how to save at the pumps or cut costs during a recession. It is during times like this, when nonprofits begin to question their donor strategy, that it’s useful to remember what provokes engagement in a cause in the first place. A number of these points were highlighted at the Cause Marketing Forum annual conference which I attended in May. The bottom line: no matter the state of the economy, humans are almost uniformly consistent. Nonprofits would do well to remember these timeless nuggets about consumer behavior.







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