Consumers Shop With a Cause in Mind This Holiday Season; Record-High Number of Americans Will Consider a Company's Support of Causes When Buying Holiday Gifts This Year.Business Editors BOSTON--(BUSINESS WIRE)--Nov. 28, 2001 According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2001 Cone/Roper 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, 76 percent of consumers are likely to consider a company's reputation for supporting causes when purchasing gifts this holiday season, up from 61 percent in 2000. This finding marks the highest number of Americans who say they plan to shop with a cause in mind since Cone began conducting holiday research in 1997. Shopping with a cause in mind is one of the top ways that Americans plan to give back this holiday season:
1. Donate personal belongs
(e.g., clothing, toiletries, etc.) 75%
2. Purchase a product in which a percentage of the
price is donated to a cause 62%
3. Buy from a retailer that supports a cause 59%
4. Write a check 52%
5. Volunteer 47%
6. Go to a fundraising event 41%
Of those Americans who plan to support charities this holiday season, more than half (53%) intend to support both efforts related to the national tragedy and causes not related to September September: see month. 11th. In addition to gaining consumers' purchasing dollars, retailers that support causes will benefit from enhanced awareness and word-of-mouth support. Almost nine in ten Americans (88%) agree that when they see information about a company supporting a cause, they are more likely to remember that company. Seventy-two percent say a company's commitment to social issues is important when they decide which products and services to recommend to others. "Cone has been tracking consumer attitudes towards companies that support causes during the holidays for more than five years, and we have never seen consumer support this high," says Mark A. Feldman Feldman is a common Ashkenazi Jewish surname. Some notable people it may refer to include:
Additional findings from the 2001 Cone/Roper Corporate Citizenship Study include: --81% of consumers say they are likely to switch brands, when price and quality are equal, to support a cause --77% of consumers say a company's commitment to social issues is important when deciding what to buy or where to shop The 2001 Cone/Roper Corporate Citizenship Study was commissioned by Cone, a Boston-based strategy firm that links companies and social issues (www.coneinc.com). The study was conducted by RoperASW via telephone interviews from October October: see month. 26-28, 2001. It included a national cross-section cross section also cross-sec·tion n. 1. a. A section formed by a plane cutting through an object, usually at right angles to an axis. b. A piece so cut or a graphic representation of such a piece. 2. of 1,030 adults and has an error margin of +/- three percentage points. To obtain additional information on the 2001 Cone/Roper Corporate Citizenship Study or to speak with Mark Feldman Mark Feldman (born 1955 in Chicago, Illinois, United States) is a jazz violinist. Feldman worked in Chicago from 1973 to 1980, then in Nashville Tennessee from 1980 to 1986. He worked in New York City and Western Europe from 1986. or CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Carol Cone about these and other research findings, please contact: |
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