We've discussed many examples of value-driven or purpose-driven marketing, including Dove, Always, Heineken...even Nike.  Choose one, and answer the following:  Tell the story of this brand and its purpose-driven marketing campaign. What are the advantages of purpose-driven marketing for a brand and its consumers?  Is this a smart way to go to market?  Why OR why not?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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We've discussed many examples of value-driven or purpose-driven marketing, including Dove, Always, Heineken...even Nike.  Choose one, and answer the following: 

  • Tell the story of this brand and its purpose-driven marketing campaign.
  • What are the advantages of purpose-driven marketing for a brand and its consumers? 
  • Is this a smart way to go to market?  Why OR why not?
Expert Solution
Step 1

Introduction:-

A defined mission recreated in engaging manner is often the key differentiator as brands strive for distinctiveness, relevancy, and development. In this essay, I'll attempt to provide a detailed overview of what company mission is — as well as some cautionary notes.
'A higher cognitive purpose for a company to existing besides just making huge profits,' according to the best description I've read. Simon Sinek's job on a leading brands "why" is a great starting point.
“Working longer for a business is difficult. It's simple to work incredibly hard for a good cause."

Tesla employees are energised by the industry's unwavering commitment to its mission statement, which gives legitimacy to their employment. Consumers who purchase Tesla automobiles are also lured to the greater 'goodness' that comes with operating a crazy cool autonomous motor: minimal environmental impact to fighting global warming and being at the forefront of a sustainable energy movement.

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