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Steve
11-13-2006, 10:39 PM
I think this sentence says it all. in a weak retail climate, philanthropy, and the image it projects, has suddenly become a competitive advantage

It makes you wonder if you could some how tie in one of your products or services in with a charity and potentially really improve your bottom line while you are at it.

Have you ever thought of doing something like this?

Products With Ulterior Motives (http://www.nytimes.com/2006/11/13/us/13retail.html) - Bath & Body Works is selling an Elton John scented candle for $16.50, with 10 percent of each sale, or $2, going to the Elton John AIDS Foundation.

Gap, Apple Computer and Motorola are offering limited-edition red-colored products to benefit the AIDS charity (Product) RED. Gap gives 50 percent of the profits from sales; Apple gives $10 for each iPod Nano; and Motorola $17 for each phone.

Retail executives say that consumers, shocked by a series of high-profile business scandals, are putting greater value on corporate citizenship. So in a weak retail climate, philanthropy, and the image it projects, has suddenly become a competitive advantage.

Also check out what Gap is doing for more ideas. http://www.gapinc.com/red/index.html