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10% of book sale earnings go to First Book, giving children
from low-income families the opportunity to own new books.

BookLOG Entries | Almanack

Caused-Based Marketing: Book Sales Benefiting Children with a 119% Contribution Increase

July 27, 2005

According to the Foundation Center website (fdncenter.org) "cause-related marketing (CRM) is defined as the public association of a for-profit company with a nonprofit organization, intended to promote the company's product or service and to raise money for the nonprofit."

Poor Richard Web Press embraces this concept with the understanding that businesses, while looking to earnings, also needs to be concerned with the good of the society it serves. They go hand-in-hand, and woe be to the company owner who does not recognize this.

A purchase of products is based on a balance of wants, needs, and emotion. Business owners rely on this balance to sell products. Using the consumer's emotional side to sell products to support a cause meets perfectly with the provider's emotion to support that cause through the purchase of their products.

From the very inception of the Poor Richard Web Press Bookstore, it was decided by to use a portion of our earnings to be used in improving the literacy of our most vulnerable children; those who live at or near the poverty level. We take our cue from our spiritual founder, Mr. Benjamin Franklin who by 1748 had achieved financial independence and gained recognition for his philanthropy and the stimulus he provided to such civic causes as libraries, educational institutions, and hospitals.

Our choice was, and still is FIRST BOOK, a national nonprofit organization with a single mission: to give children from low-income families the opportunity to read and own their first new books. All books distributed by First Book are provided at no cost to the child or program.  With the support of First Book, these programs are able-often for the first time-to develop a curriculum around the books they select, share these books with participating children, and enable these children to share the magic of their new books with siblings and other family members at home.

Poor Richard Web Press contributes 10% of all our earnings from book sales to first book. This isn't from books sold in this bookstore site, but on Chesapeake Bay Market as well. As we expand our online business, that 10% becomes a greater contribution to this excellent literacy program.

Poor Richard Web Press, LLC makes quarterly contributions to First Book. We are happy to announce that were able to provide a 119% increase in our contribution at the end of the second quarter of 2005 as compared to our first quarter contribution. We hope to continue this trend for the next quarter and beyond.

To our customers, we thank you for making this possible and ask for your help to further increase the value of our promised contribution. As we grow we will, like Ben, to expand our philanthropic activities to other worthy causes.

To see our sanctioned affiliation with FIRST BOOK, please click here. Poor Richard Web Press has also made contributions to the Susan G. Komen Foundation as well as the Chesapeake Bay Trust.

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