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Communicating Social Values Improves Brand
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| Guest post by: Jesse Hopps |
Article Overview: Fortune 500 companies have recognized significant benefits by successfully promoting civic virtues such as Sustainability, Community, Sponsorship, Charity, and Environment. Although benefits like improved brand integrity are intangible, they can have a long-term success. Increase brand value by developing a communication plan for the organization’s social values.
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Free Download - Opening a New Office Location By Jesse Hopps |
Communicating Social Values Improves Brand
Communicating Social Values Improves Brand
Fortune 500 companies have recognized significant benefits by successfully promoting civic virtues such as Sustainability, Community, Sponsorship, Charity, and Environment. Although benefits like improved brand integrity are intangible, they can have a long-term success. Increase brand value by developing a communication plan for the organization’s social values.
What is Social Value Messaging?
Social Value Messaging demonstrates alignment of corporate goals with those of the organizations key stakeholders such as customers, employees, and partners. Social Value Messaging programs are not sunk costs, but rather, should be viewed as investments in corporate health.
Following are categories of Social Value Programs:
· Community
· Sponsorship
· Charity
· Environment
Benefits of Social Value Messaging:
· Increased Revenues– in competitive markets, social values can mean the difference between a customer choosing you or the other guy.
· Growth of Brand Equity– this includes brand awareness and increased brand integrity as customers can identify with what your brand stands for.
· Positioning as Industry Leader– social values were initially competitive advantages before these programs became mainstream. Be a leader.
2. Obtain Senior Management Approval- communicate with key members of your management team the values you want to promote using social value messaging. Do not forget to identify & leverage areas where your company is already being a good Corporate Citizen.
3. Prioritize & Develop a Strategy- many social value campaigns fail because the communication plan is too ambitious. Start with Sustainability as a hot example and build upon your success over a longer-term period. There are firms dedicated to the relationship between customers, sustainability, and brands; check out innovative brand consultancy Conscientious Innovation.
4. Communicate Values Internally & Externally- work with the Web master to put your values on the corporate website. Add these programs to general marketing collateral. Additionally, work with Human Resources to incorporate your social values into training packages for new employees.
5. Measure Results– obtaining a hard Return on Investment is difficult for programs such as this. Instead consider the Social Return on Investment model developed by the London Benchmarking Group to assess your results.
Being a good corporate citizen makes business sense. Drive brand value and improve customer and employee loyalty by capturing and communicating corporate social values.
Related Articles
Article Tags: brand integrity, charity, civic virtues, communication plan, community sponsorship, fortune 500 companies, longterm success, social values, success increase, sustainability
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About the Author: Jesse Hopps RSS for Jesse's articles - Visit Jesse's website Jesse Hopps founded Demand Metric in October 2006 and is the active President & CEO, focusing on sales & product development. Prior to Demand Metric, Jesse worked as an independent consultant specializing in Internet Marketing and Business Continuity Planning. He began his career with the Info-Tech Research Group in London, Canada, where he helped contribute to their explosive growth. Jesse holds a business degree from the University of Western Ontario and lives in Panama City, Panama. Click here to visit Jesse's website Developing Stronger Leaders Email Marketing List Building Podcasting Best Practices Successful PR Campaigns Marketing Automation Guide |
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