Principle-Based Marketing: A Theory and Conceptual Model

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Abstract

Organisations face challenges integrating socially responsible practices with marketing strategy, often resulting in consumer scepticism, and inconsistent benefits. While corporate social responsibility (CSR) and cause-related marketing (CRM) literature extensively outlines what to do, it provides insufficient guidance on how to effectively conceptualise, apply and measure these aspirations. In response, the theory of principle-based marketing (PBM) is presented, providing a novel consumer-centric framework grounded in fundamental organisational principles. By synthesising insights across multiple marketing schools of thought, theories of corporate conduct, and evolving socially driven marketplace dynamics, PBM bridges the gap between broad CSR mandates and measurable marketing practices. The theory is applied in practice with a proposed process model delineating the relationships among five key factors (Objective Commitment, Cognisance, Communication, Internal Congruence, and External Congruence) to conceptualise, deliver and measure organisational outcomes. The paper offers theoretical contributions through integrative systems thinking and provides managers with a typology to strategically assess risks, position their brand, and audit product portfolios to align with managerial aspirations, socially driven values, and CSR imperatives.

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