A pioneer of this business philanthropy movement who was one of the first to captivate a national audience was Extreme Makeover Home Edition. They brought corporate Brands, local businesses and the community together to rally around a greater cause. To increase the life quality of a family in need.
Today we don’t hear about Extreme Makeover Home Edition as much. But the idea of for-profit philanthropy is catching momentum.
The most noticeable is Tom’s shoes. In less than four years the company has gained rapid word-of-mouth growth from its supporters. Even corporate giant AT&T has grabbed a piece of this movement, positioning Toms’ owner, Blake Mycoskie on their commercials.
In branding for-profit philanthropy, the greater the cause, the more realistic the mission, the more your supporters will tell your story. The more your story is told, the less you pay for marketing and the more you give to make a difference.
PS. As long as everyone else isn’t doing the same!
Very good thought, more companies should take the direct giving route. Why donate your time or money when you can make more of an impact by giving your product or service away?
I wrote about something similar... http://enlivent.com/blog
Posted by: twitter.com/Enlivent | October 06, 2009 at 07:28 AM
I checked it out. Great thought.
Posted by: Guy | October 07, 2009 at 06:56 AM
Social responsibility is purely the new brand model, period. Great post! Aquent posted a phenomenal presentation on the importance of this to marketers/brand developers everywhere: Marketing for Social Good: http://www.slideshare.net/aquentweb/marketing-for-social-good
Posted by: Pamela Hoke | October 10, 2009 at 04:46 AM