Holiday shoppers can spread the cheer with charitable giving
Consumers shopping for the holidays can spread the cheer and do some good with their spending, thanks to retailers who contribute a portion of their sales to charity.
Posted — UpdatedIt's called cause marketing, and many retailers use it to boost their image in the mind of consumers.
According to the magazine, transparency is key.
That means consumers should look on a company's website for information about its giving policy.
Amazon Smile, for example, states very clearly that the company donates half of 1 percent of all eligible purchases to the participating charity chosen by the customer.
"You want to be skeptical if the retailer says it's going to give a portion of the proceeds, but doesn't tell you exactly how much," Giorgianni said.
Consumers shouldn't shop somewhere just to support a good cause.
Consumers who buy a $400 television through Amazon Smile would translate into a donation that is roughly $2, which is better than nothing. But if the same shoppers can find a better price on a television somewhere else, the magazine advises to do and recoup the savings. Those dollars can then be donated directly to a charity of the customer's choice.
Shoppers should always check out charities before they donate to make sure the money really goes to the charitable mission.
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