You may not be familiar with the term cause marketing, but you’re probably familiar with brands of all sorts touting the Black Lives Matter hashtag or a similar cause they believe in. Brand have participated in cause marketing since 1974 when 7-11 convenience stores issued collectible cups to commemorate the 1973 Endangered Species Act. Since then, many brands seem compelled to align themselves with a cause.
When the cause is chosen with care and aligns with the company’s brand positioning, mission, and vision, it can be a great boost for the company.
However, just because a cause is popular doesn’t mean it’s right for every brand. Before you append that hashtag, add a frame to your company’s profile picture, or drape your website in blue/pink/green/black/or rainbow colors, think carefully. There are many considerations to weigh to ensure that cause marketing supports rather than detracts from your brand.