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Examining the Product (RED) Campaign: Millennials' Self-Identity and Perception of the Cause-Branding Initiative

Cause-related marketing (CRM) campaigns will account for an estimated $1.5 billion in corporate spending in 2008 and industry analysts expect CRM to become part of mainstream brand communication strategies in the coming years. One campaign, called Product (RED), combines several companies offering various RED-branded products with the RED organization. Companies donate different amounts from RED products to the Global Fund, a nonprofit agency that aims to help eliminate AIDS in Africa. Through an extended-self theoretical framework, this study examines the attitudes and opinions of Millennial consumers — a group that has an estimated $50 billion in annual discretionary spending — toward corporate social responsibility (CSR), CRM and the RED campaign. Findings from focus group discussions indicate Millennials are receptive toward CRM campaigns and RED in particular, but they express concern about the motives of affiliated companies. And while they view CRM as an effective fundraising tool for nonprofits, they do not tend to base purchase decisions on a company's CSR or CRM initiatives. Additional findings and managerial and theoretical implications are discussed.

Identiferoai:union.ndltd.org:TCU/oai:etd.tcu.edu:etd-05122009-153621
Date12 May 2009
CreatorsPeterson, Kara
ContributorsJulie O'Neil
PublisherTexas Christian University
Source SetsTexas Christian University
LanguageEnglish
Detected LanguageEnglish
Typetext
Formatapplication/pdf, application/msword
Sourcehttp://etd.tcu.edu/etdfiles/available/etd-05122009-153621/
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