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Consumers' Motivation for Participating in Cause Related Marketing: An Exploratory Study
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The paper investigated the consumers' perceptions of cause marketing efforts of companies by examining the real-life experiences of the customers. Cause marketing initiatives are increasingly becoming a prominent aspect of the marketing mix; a lot of companies are jumping onto the bandwagon, primarily to distinguish themselves in the homogeneous markets. However, it is only a recent phenomenon that the companies are beginning to appreciate how corporate giving can be adopted as an effective marketing strategy. The paper, by using a qualitative approach, attempted to understand the meaning of CRM from the consumers' perspective: As to what influences the decision making on the part of the consumers? It identified various motivational factors that drive the behavior of consumers exposed to a CRM initiative. The paper provides valuable insights to academicians and practitioners as to how to communicate and what to emphasize while designing cause marketing communication initiatives.
Keywords
Cause Marketing, Consumer Behavior, Qualitative Approach, Marketing Strategy, CRM
Paper Submission Date: June 9, 2014; Paper sent back for Revision : September 30, 2014 ; Paper Acceptance Date : November 3, 2014.
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