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Cause-Related Marketing: Consumer Perceptions of Philanthropic Activity
Abstract
Cause-related marketing is established by a corporation that wishes to continue its philanthropic efforts by choosing one organization, or cause, with which to associate. Simply, it is a partnership between a corporate organization and a non-profit where there is a mutually beneficial relationship. In the context of cause relatedness, a triad may consist of the consumer, the firm, and the cause. This chapter identifies and discusses the consumer evaluations along with the issues and challenges of cause-related marketing. The chapter concludes that for all businesses there is need to be more socially responsible rather than just being customer responsible.
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