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Cause-Related Marketing Involves Donating a Percentage of Revenues to a Specific

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Cause-related marketing involves donating a percentage of revenues to a specific cause based on the revenue occurring during the announced period of support.


Definitions:

Similarities

Refers to the aspects or characteristics that are alike or comparable between two or more entities.

Segmenting

Segmenting, or market segmentation, involves dividing a target market into distinct groups of buyers with different needs, characteristics, or behaviors, who might require separate products or marketing strategies.

Marketing Actions

A set of strategies implemented by a company to promote and sell its products or services.

Customer Needs

The wants and preferences that consumers have regarding a product or service that drive their buying behavior.

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