Business is business, but most people appreciate a brand that also does good in the world. Sometimes that good comes from a product (think LifeStraw), but even brands that create less altruistic products can still have a positive impact. And that impact can be important to consumers, especially young ones. More than half of young people have purchased a brand or product to show support for an issue the brand represented, and 40% have stopped purchasing because a brand didn't align with their values. Those stats are based on a report by DoSomething Strategic, the data-driving consultancy arm of DoSomething.org. The group also created a brand-ethos hierarchy as a road map to help brands figure out how to drive the social change young people are looking for: Level 1 (the base): All are welcome Level 2: The brand cares Level 3: Caring as an integral part of the brand story Level 4: Engaging for direct impact Level 5 (top): Living the purpose Does it make sense for your brand to be part of social change? Check out the infographic to learn more. Tap or click to see a larger version.
Business is business, but most people appreciate a brand that also does good in the world. Sometimes that good comes from a product (think LifeStraw), but even brands that create less altruistic products can still have a positive impact.
And that impact can be important to consumers, especially young ones. More than half of young people have purchased a brand or product to show support for an issue the brand represented, and 40% have stopped purchasing because a brand didn’t align with their…
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