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What is Cause-Related Marketing

Handbook of Research on Retailing Techniques for Optimal Consumer Engagement and Experiences
A commercial activity in which businesses and charities form a partnership with each other to market an image, service or product for mutual benefit. Corporate Shared Value: A set of profit- able activities that aim at improving at the same time both the economic value and the conditions of the society companies’ activities directly or indirectly affect.
Published in Chapter:
Using Integrated Corporate Responsibility to Enhance Consumers' Perceptions: An Overview of the Banking Sector
Elena Candelo (University of Turin, Italy), Cecilia Casalegno (University of Turin, Italy), and Chiara Civera (University of Turin, Italy)
DOI: 10.4018/978-1-7998-1412-2.ch020
Abstract
The chapter aims at synthetizing past research on CSR into the new meaning of CR by investigating if CR is being pursued through an integrated approach with branding by the six major banking corporates in Italy and the UK. In particular, differences and similarities in the extent of implementation are addressed. The research adopts a qualitative approach based on case study development and data analysis according to a CR framework that allowed data extrapolation and systematization, which the authors have designed in accordance with theories of integrated CR. The findings reveal that the extent of integration between CR and branding varies depending on cultural contexts and consumers' perceptions. Most of the sample is undertaking CR policies and programmes with the intent of driving the whole company towards the execution of an integrated strategy, but the UK sample shows the higher extent of integration. The study favours the emerging of best practices for CR integration among banking players and can be adapted to further geographical areas.
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More Results
Cause-Related Marketing
CRM is one of the philanthropic actions by profit oriented organizations to support non-profit organizations for a social cause with the fixed amount or percentage of sales generated through the involvement of customers.
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Emerging Trends in Business Ethics, Corporate Social Responsibility, and Sustainability
The process of creating and implementing marketing tactics that are characterised by providing a certain amount of money to a nonprofit cause. This, in turn, encourages consumers to engage in revenue-providing exchanges.
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