Socially Positive Business Building
How socially conscious is your business??
If the answer is “not very,” or you’re wondering what “socially conscious” even means, you’ll definitely want to keep reading.?
Why? Because taking a socially positive approach to growth can have a massive impact on your company.?
According to a study by Cone Communications:
Now you see why it pays for your brand to focus on creating meaningful social impact.
The Challenge: A New Era of Giving
It wasn’t all that long ago that companies kept their distance from social issues. Sure, they might collect donations during the holidays, but getting involved any more than that meant potentially losing customers.
Well, times have changed. Now, many consumers demand to know where a given business (especially one they like) stands on social issues before they do business with them.
And, if an organization isn’t willing to take a stance—or if it’s one they disagree with—it will not give up its hard-earned money.?
Take a look again at those stats above. Younger people, in particular, don’t just want brands to be ethical and socially conscious—they expect them to be.
But how do businesses today reciprocate that demand? How do you get the youngin’s of today to put their money where their mouth is??
If you want to attract and retain younger donors, you’ll have to reach them where they live—namely, social media.?
You can’t just bombard them with pleas to donate money, though. Many would rather get their hands dirty by volunteering or contributing in ways that don’t necessarily involve opening their wallets.?
So, what’s the solution?
The Solution: A Powerful Partnership
So, how can you emphasize social issues and get folks excited about your organization's work??
If you operate a for-profit business, consider, for example, a fiscal partnership with a nonprofit. What this entails is simple: You partner with a nonprofit to access the tools and tactics it can use to help you grow your business’s social impact.?
As a result, the nonprofit receives donations, and your business polishes its public image.
A good example is our recent partnership with Sugary for our Empathy Project, which was created to empower the creative community's talent and make a compassion-driven societal impact.
For Nonprofits
As a nonprofit, you’re probably pretty socially conscious already, so immediately, you have a leg-up.?
Now it’s time to:
For Brands
Things are sometimes a little trickier in the for-profit world, which is why it pays to be more strategic.?
This includes:
Does this all sound a little overwhelming? It doesn’t have to be.?
Get to know Do Good Points and how we can help your business do good (and do well).?
Like what you read today? Drop a comment and let me know what you’d like to hear about next!?