Bono’s Red Campaign Costing Way More than its Bringing In
Sunday, March 11th, 2007
My #1 Online Marketing Prediction for 2007 was that cause-related marketing, if done correctly, would have the most buzz and effectiveness. Dove continues to get accolades for its “Campaign for Real Beauty” and even investment banks like Goldman Sachs are doing the right thing by strong-arming energy utility bad boys to go green.
However, the one campaign that I was sure would out-perform all others in the cause-related marketing arena was the Red Campaign where dozens of major brands charge a premium for their red-colored products and give a significant portion of the proceeds to the AIDS effort in Africa. I may be wrong on this one. AdAge reports that “Bono & Co. Spend up to $100 Million on Marketing, Incur Watchdogs’ Wrath” while only bringing in $18 million in revenue (the quick math shows a $82 million loss).



I am excited to join a great panel for an upcoming Software Association of Oregon event called 


