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Americans Shop This Holiday with Cause in Mind.


BOSTON -- Research Finds Nearly Half of American Consumers use Purchasing Power Purchasing Power

1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.

2.
 to Support Companies That Care; 86% Would Switch Brands to Support a Cause They Care About

As consumers plan to hit the malls for their holiday shopping, one of this year's strongest trends will be shopping with a cause in mind. Nearly half of Americans say they will consider a companies support of social issues before making a purchase. When asked, 85% of American consumers said they would switch brands to one associated with a good cause when price and quality are similar.

Cause-related shopping is a convenient way for time-crunched, budget-conscious Americans to give back to their communities during the holiday season. Over the last 12 months, Americans have done the following after hearing about a company's commitment to social issues:

--45% Considered purchasing a product from that company

--43% Purchased a product from that company

--43% Told a family member or friend about that product or company

--28% Intentionally paid more for a company's product that supported a social issue

"As we see with yellow Live Strong bracelets and pink ribbons, Americans are proud to display their support of a cause. There is no doubt that consumers are shopping with a cause in mind for the holidays," says Alison T. DaSilva, vice president at Cone, a Boston-based strategy firm linking companies and social issues. "In the eleven years that we have been tracking this trend, we have seen an increasing number of companies providing their consumers with opportunities to impact causes. In return, these companies are rewarded with consumer purchasing dollars and loyalty."

Companies from a variety of industries are providing their consumers with cause-related shopping opportunities this holiday season, including:

--Gap Inc.'s Share the Warmth program will donate 100 percent of the profits from sales of Brannan the Bear to help provide more than 70,000 Warmest jackets to children in need this winter.

--CVS/pharmacy has partnered with St. Jude Children's Research Hospital St. Jude Children's Research Hospital, founded in 1962, is a leading pediatric treatment and research facility focused on children's catastrophic diseases. It is located in Memphis, Tennessee.

In 1996, Peter Doherty, Ph.D., of St.
 to launch its first ever Thanks & Giving program. In addition to a CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file.  corporate sponsorship, customers across the country will have the opportunity to contribute $1.00 or more to help support research dedicated to eradicating pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children.

pe·di·at·ric
adj.
Of or relating to pediatrics.
 cancer and other childhood diseases

--Stila Cosmetics will donate 100% of the proceeds of their newly launched lip gloss, available exclusively through all Barney's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Stores, to AIDS Research Alliance of America, a national non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  dedicated to find a cure for AIDS.

--Jiffy Lube(R) service centers across New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt.  can contribute $2 to The Jimmy Fund - a worldwide leader in cancer care and research - and receive a Value Card offering more than $50 in Signature Service(R) Oil Change and Taco Bell Taco Bell Corp., a subsidiary of Yum! Brands, Inc., is a Mexican-style quick service restaurant chain based in Irvine, California, United States. The restaurant has locations primarily in the United States and Canada, but also operates outlets in several other markets.  combo meal savings.

The 2004 Cone Corporate Citizenship Corporate Citizenship

The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while
 Study report presents the findings of a telephone survey conducted among a national probability sample of 1,033 adults comprising 519 men and 514 women 18 years of age and older, living in private households in the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. . Interviewing for this CARAVAN(R) Survey was completed during the period October 22 - 25, 2004. The margin of error is +/- three percentage points.

To speak with Cone executives about this survey or our other research on Cause Branding and corporate citizenship, please contact Alison DaSilva 617-939-8360 or 617-290-5476 or adasilva@coneinc.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 23, 2004
Words:551
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