Strategic marketing company Good.Must.Grow is part of the revolution to drive societal change by supporting socially responsible businesses, nonprofit causes, and organizations. Their Conscious Consumer Spending Index (#CCSIndex) is a benchmarking study of the “do good” revolution tracking trends in charitable giving, conscious consumerism, and the importance consumers are placing on purchasing consciously as well as their future intent. Last year, politics, violence, and cost created a drag on social responsibility, according to the sixth annual survey of 1,015 Americans.
“This year’s findings are a mix of new highs and all-time lows, so it’s obviously not all good news,” said Heath Shackleford, founder of Good.Must.Grow. “On a positive note, the majority of Americans still identify as being conscious consumers and are rewarding mission-driven organizations. But from a trending perspective, we are seeing a mild dip in socially responsible behaviors. We need to take that seriously and respond accordingly.”
Is the world getting worse?
The price is not right
A loss of confidence
67% of consumers said that individuals are effective at making positive changes in society. This is down from 72% in previous years and marks the first decline since the inception of the index. Confidence in nonprofits and social enterprises has been dipping, while opinions have held steady regarding major corporations. Belief in the government’s ability to drive change has fluctuated between lows of 36% (2014) and highs of 43% (2016 and 2018).
Good Company Poll: What company or organization do you think of first when you think of socially responsible companies/organizations?”
Download the full infographic of the survey.