Small Businesses

How businesses can use their social impact stories to spur sales

  • 3 min Read
  • September 21, 2021

Author

Escalon

Table of Contents

According to a Harvard Business Review study, “When companies connect with customers’ emotions, the payoff can be huge.” This shows that emotional connection drives brand loyalty and is one of the top indicators of potential consumer value. Another study reveals that customers are 71% more likely to recommend businesses with whom they have an emotional connection. 

This explains why a large number of companies invest in their storytelling strategy. Most stories work on an emotional level. In an article published on Smart Insights, Jonathan Gabay notes, “Stories … activate sensory parts of the brain that help influence the meaning and purpose of what is seen and heard — helping provide a greater personal insight into life and events.” 

While a brand story tells the audience what you are and what makes you unique, a social impact story can be used to raise awareness on issues in your community and around the world. Such stories connect with people’s emotions and can even inspire them to bring about change.

Here are 10 tips on how you can capitalize on your social impact endeavors to drive sales:

  1. Produce detailed, verifiable content on your website/blog that gives an honest and realistic picture of your social and environmental impact. Don’t try to cover up any areas in which you may be currently lacking; instead, explain to your readers how you plan to improve and meet your impact goals.
  2. Include references to your impact story in every piece of marketing and communications. This will show you as authentic and reinforce your commitment as a company.
  3. Draw out your customer experience and look for ways to include your social impact story into each connection. This could be anything from email marketing and your website to your social media posts and the booklets and other materials that can be found in your product delivery boxes.
  4. Discover ways to connect your impact story with emotional, story-driven communications. For example, you could publish blog posts about the issue(s) your organization supports and why they matter.
  5. Always furnish data-backed proof of your company’s social impact. Make it engaging by framing the data in a way that is educating. 
  6. Engage your consumers by connecting their actions, behaviors and support directly to the impact your brand is building. 
  7. Publish reports annually detailing your organization’s social impact and set goals for the next year.
  8. Build partnerships with non-profit and other organizations that are working to affect change in areas on the same issues.
  9. Don’t be afraid to use your brand for the good of the world. This will show your target customers that you care about more than just money.
  10. Consumers are always looking for companies that align with their values on social responsibility, climate change, carbon neutrality and the like. Support sustainable development goals whenever possible. 

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

Tap into the latest insights from experts in your industry

Accounting & Finance

October 15 Tax Deadline: What to Double Check Before You File

If your business or personal tax return was extended back in April, October 15 is the final deadline to submit....

Accounting & Finance

Key Financial Deadlines Every SMB Should Know for Q3 and Q4 

For small and mid-sized businesses, the second half of the year often comes with increased operational demands, from budgeting and...

Small Businesses

From Bookkeeping to Strategic Finance: Preparing Your Family Business for Growth

Is Your Family Business Ready for Its Next Chapter? As a family business leader, you've built something remarkable. Through years...

Accounting & Finance

Subscription Revenue in 2025: Fatigue, Churn, and the Imperative to Diversify 

For much of the last decade subscription models symbolized modern growth, predictable revenue, sticky customer relationships, and rising valuations. But...

Accounting & Finance

Closing the Books in Q4: Common Mistakes That Delay Reporting 

Closing the books at year-end is one of the most important financial events for any growing business. It sets the...

Leadership & Growth

Building a Scalable Tech Stack: How to Choose the Right Tools for Growth 

In today’s business landscape, technology is more than a convenience—it’s a strategic asset that can supercharge growth. But as you...

People Management & HR

The Role of HR Analytics in Strategic Decision-Making 

In the era of big data, human resources (HR) analytics has emerged as a powerful tool that can transform how...

Accounting & Finance

Understanding Customer Lifetime Value and Its Impact on Strategy 

In the world of business, not all customers are created equal. Some make one small purchase and disappear, while others...

Accounting & Finance

Tax Strategies for Succession Planning in Family-Owned Businesses 

Succession planning in a family-owned business is a delicate dance that involves not only leadership and emotional considerations, but also...