Grab your FREE copy of the 60 Low & No Cost PR & Marketing Strategies eBook*

Name:

Email:

*By submitting your email, you will receive the eBook & also sign-up for Carol’s newsletter
Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

Charitable Efforts Can Positively Impact Your Business

Written By: Catherine Morgan | Comments Off on Charitable Efforts Can Positively Impact Your Business

Can doing good be good for your business? In “How Ann Taylor and Loft Create Customer Loyalty Through Charitable Efforts,” Carol’s recent post on entrepreneur.com, she walks us through a case study. Carol begins:

Having a business mission allows businesses to extend their work into important causes. It makes employees and customers feel good about engaging with the business. In doing so, it can also be a great conduit for engendering customer loyalty.

I came across a great program from the Ann Taylor and Loft brands, a subsidiary of the Ascena Retail Group. Their approach serves as an interesting model for entrepreneurs of all sizes to create charitable efforts that not only are good for the charity, but also have a positive impact on the business as well. Here are some key takeaways for you to use as you pursue your own philanthropic efforts.

Design a win-win program.
The Ann Taylor and Loft brands wanted to find a way to have charitable giving become easy for the customer. This meant giving the customer a benefit for their participation in philanthropy.

You can read the rest of the post here.

Article written by
Catherine Morgan is the editor of Business Unplugged ™, an engaging speaker, and the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant and former employee of three of the former Big Five consulting firms, Catherine combines strategy development with accountability coaching. Her productivity tips and career transition advice have been featured on WGN AM 720 and WIND AM 560 The Answer in Chicago, and on WCHE AM 1520 in the Philadelphia area. Catherine speaks frequently on topics related to productivity, career transition, small business, and entrepreneurship. She doesn’t take herself seriously, but takes her subject matter very seriously.