Social Consumerism or Capitalism? You decide.
This weekend, while on a walk with my family, we stopped at a coffee shop for a quick snack. My wife and kids went in, while I stayed outside with the dog. Five minutes later, my daughter came out with a “pupcake.” She told me that this tiny cupcake (literally smaller than a munchkin with a little peanut butter on top) was $1.25, and that $0.50 went to the local animal shelter. She was very proud of her purchase – and I was proud of her, too. But, I had a different perspective of the coffee shop.
Today, there is a lot of talk about “social consumerism.” In fact, my colleague, Monica, has used the phrase at least a dozen times in conversation with me since she returned from South by Southwest last week. But, at what point is social consumerism really capitalism in disguise?
Is it really “giving” if you are just using it as an opportunity to “take”? In the case of the coffee shop, these pupcakes probably cost less than $0.10 to make. No one is going into the shop just to get a pupcake. They’re making plenty of profit on the coffee, sandwiches and other baked goods they sell. But, instead of giving 100% of the money from the pupcakes to the shelter (or at least 100% of the profit), they keep $0.75 for themselves. Is that really giving back?
Since starting a cancer-related non-profit, I’ve come to learn that doing good actually helps you do well. It was never my intent, but I’ve discovered that when you do good…
1. You meet people you would have otherwise never met
You open yourself up to a new circle of people. And, you never know who you may meet in the process.
2. You form deeper relationships with people
The strongest relationships are built upon shared beliefs. And strong relationships are the foundation of most any business.
3. It builds a stronger culture in the workplace
Working together on a meaningful cause can be very empowering, satisfying and enjoyable – which leads to a much more collegial and pleasant environment.
4. Everyone feels better about themselves
And, when you feel good about yourself, it shows in your work.
5. You reap unexpected rewards
Whether it be a note from someone who you helped, or an article in the local newspaper, the rewards of giving back are endless.
With all of the above benefits, doing good will surely have a positive impact on your business. But you have to do it for the right reasons. The moment you do it for the wrong reasons, the opposite can happen.
Time to try a new coffee shop.
What do you think? Please reply or comment on my blog with your thoughts and perspectives.
image credit: streetartnews.net
Wait! Before you go…
Choose how you want the latest innovation content delivered to you:
- Daily — RSS Feed — Email — Twitter — Facebook — Linkedin Today
- Weekly — Email Newsletter — Free Magazine — Linkedin Group
Jeff Freedman is Founder and CEO of Small Army and Small Army for a Cause. In his own words: “We’re an ad agency but we’re really not. We have been sharpening our storytelling skills for confident brands since 2002. We are listed in the Boston Business Journal as the 14th-largest ad agency in New England. We’re a full-service agency. We currently have over 20 employees and have moved to a new, bigger space at 300 Massachusetts Avenue. We love hosting visitors, so come see the new space when you get a chance. “
NEVER MISS ANOTHER NEWSLETTER!
Photo by Himiway Bikes on Unsplash We are all well aware of the benefits cycling can have, both on our…Read More
Photo by Mars on Unsplash Times are changing for young people after they leave school. Once, no one went to…Read More