Interesting story in the Post over the weekend, about cause-related bracelets, of which the bright yellow Lance Armstrong Foundation’s “Live Strong” bracelet was the first. The figures on the Live Strong bracelet are outstanding: they’ve sold over 27 million of them, raising around $22 million for the Foundation’s programs for children with cancer. (It turns out that Nike picked up the manufacturing and distribution costs for only the first five million bracelets; after that, 23% of the $1.00 price goes to cover those costs, and 77% goes to the Foundation.) And demand still outpaces supply, causing a secondary market to emerge on eBay.
Anything that successful will have its imitators, and they started showing up in the fall. The Seattle branch of the Susan G. Komen foundation was the first, selling pink bracelets to raise funds for its breast cancer programs; following closely behind were autism programs (light blue), support for Israel (dark blue), fighting medical malpractice (lime green), bone marrow (royal blue), and colorectal cancer (cornflower blue). And then came schools and sports teams with their own colors. And rip-off artists, like the rainbow colored bracelets sold at 7-Eleven that say “Show your support” – but the only thing supported appears to be 7-Eleven.
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