Abstract
Purpose: The purpose of this paper is to investigate the irrevocable role of cause-related marketing (CRM) and its research imperative, exploring its contemporary insights in and across international markets, toward scholarly and executive application.
Design/methodology/approach: This research is theoretical and it compiles and interrelates, in a multiperspective fashion, significant extant works in the field; focusing on how established and emergent variables and constructs can be leveraged, in order to develop insights into what does and does not work in international CRM.
Findings: Extant works on international CRM still present significant gaps pertaining to key questions. Furthermore, true understanding of CRM stems from comprehending consumers, both individually and collectively; and both their underlying and contextual motivators, factors and forces. This calls for a multiperspective and cross-disciplinary approach to CRM to that weaves in contextual (sociocultural, etc.) elements to the equation.
Research limitations/implications: Limitations naturally pertain to the research's theoretical nature that requires empirical testing.
Practical implications: CRM offers consumers both the means and the ends of acquiring their target core value benefits, additionally or peripherally to their core purchase purpose; potentially making the difference between business/brand success and failure.
Social implications: Through CRM, the contemporary consumer seeks product value benefits that transcend quality and functionality (etc.), to engulf abstract and intangible values pertaining to social, ethical, self-image and self-actualization factors.
Originality/value: The comprehensive review, contextual elucidations and cross-disciplinary perspectives of this paper originally present the scope, depth, complexity and gaps of the subject, and pave the way for the research that still needs to ensue.
Original language | English |
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Pages (from-to) | 593-601 |
Number of pages | 9 |
Journal | International Marketing Review |
Volume | 37 |
Issue number | 4 |
Early online date | 9 Jul 2020 |
DOIs | |
Publication status | Published - 28 Aug 2020 |
Keywords
- Cause-related marketing
- Consumers
- Insights
- International marketing
- Review
- Value