Responsible Marketing – Cause Related Marketing

Abstract

Marketing describes the social processes involving the free exchange of goods and services, it is also called the art of selling products. First of all, it is a process based on the planning and execution of ideas, setting prices, as well as the promotion and distribution of ideas, goods and services. The growing importance of the concept of sustainable development and corporate social responsibility makes that the marketing strategies of companies are beginning to be based on responsibility and honesty. That form of marketing leads to the implementation of cause related marketing. It involves combining economic objectives of the company with social objectives. There are many positive examples of such actions and activities led by companies. Unfortunately, there are also controversial cases, often arousing distaste among consumers. They are caused by misunderstanding of ideas and the desire to improve the company’s image and catch the attention to the existence of the brand on the market in an aggressive way. The aim of the study is to present the application of cause related marketing with the principles of corporate social responsibility, as well as the controversy appearing in this area.