14 May 2024

Doing Good - A better sales proposition?

How commercial entities and social impacts can collaborate to help grow the economy.

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Written by Hug Academy chairman Ian Seddon 

Helping your customers

At school we are trained to work, but not trained to understand our money or the economy. At Hug we want more families to have more opportunities, to build wealth for themselves and ultimately to have happier lives. We're a social impact organisation, and we've got a suggestion for you.

If you offer customers (B2B or B2C) a recurring opportunity to save costs, partnering with us could give your sales team a real boost.

Hug Academy is a social impact, whose purpose is to redistribute wealth and education in society. We offer a free tool which businesses (who we approve) can use to understand their customer's financial goals, break them down into achievable targets and then demonstrate how the savings you offer can help make them achievable.

Your cost savings are now a solution to your customers needs, aligned to a tangible goal we can help them achieve.

When we place more wealth into families pockets, we increase consumer confidence which leads to more business demand and therefore growth. As the wealth grows, communities refuse to tolerate crime or extremism, and so the social bill is reduced, helping councils' balance their budgets. When areas gentrify they attract outside investment and regenerate faster, which creates more jobs and economic growth. And so a virtuous circle forms.

But it's not just your customers who can can help this process.

 

Helping your staff too

If you'd really like to help kickstart the West Midlands economy, please consider letting our sister impact organisation, Hug Agency, advertise your job opportunities.

We gift the net hiring fee back to your workers (on average 10 per cent of their salary) over 24 months while we teach them how to manage their personal finances, understand the economy and build wealth.

This increases your retention rates, reduces sick days (due to financial stress) and improves employee engagement (who doesn't love an employer who helps you build long-term wealth?). We'll also show your employees how to run their own wealth clubs, which we call Hug Communities, to increase cross department socialising and team bonding.

When we get more workers owning assets, we reduce sick days (stress related), we reduce financial inequality and give families more social mobility and opportunities. Let's work together and make the West Midlands the fastest growing economy, by placing huge amounts of hiring fees back into families pockets, without increasing your costs.

 

Hug communities

If you're a sports club, a membership club, or a charity, please contact us to discuss how your members can benefit from basic financial literacy (maybe in your off season if you're a club) and how your organisation can grow it's reach as your members form their own communities under your brand with their family, friends or colleagues.

 

Do good, get kudos

If your organisation wants to increase it's ESG, CSR or just its social kudos, we offer empirical evidence of how much money you're helping us inject back into the communities you serve. Collaborate with our social impact today and let's work together to recapitalise society and give more families opportunities.