Generosity as a business marketing strategy

The thumbnail version:

  • Generosity generates business
  • Do you use generosity as a marketing strategy?

The full version:

A recent article in Sign Media Canada about how some shops coped with the COVID-19 pandemic to date and are planning for the post-COVID world, mentioned something in passing that prompted me to ask this question: “Do you use generosity as a marketing strategy. And if not, why not?”

The owner of the sign company featured in the article mentioned that every year they give away thousands in donated and discounted signs. This struck me as incredibly generous but then I realized that it is also a clever marketing strategy. Generosity generates positive impressions, and positive impressions generate business.

So, to repeat, do you use generosity as a marketing strategy and, if not, why not?