Direct response is key for donors at all levels. That notion was recently reinforced in this blog post that suggests you keep your biggest givers in the mass marketing program unless they specifically ask to be removed.
But that doesn’t mean your major gift donors and prospects should be receiving the same email and print pieces your annual fund donors receive. Major gift donors deserve the resources necessary for highly targeted direct marketing based on how they support your organization and which components of your work matter most to them.
Fortunately, this targeted approach is easier than ever to accomplish, thanks both to better technology and a better understanding of how to deliver personalized stewardship and solicitation experiences to our donors. As you embark on a more targeted content marketing strategy for your biggest donors, here are a few things to consider:
- First, know your audience. Create content profiles. A content profile is a donor file that is focused on what content the donor shares and interacts with online. It’s a record of the emails they responded to, the Facebook posts they liked, the blog posts they shared — anything that helps you understand what matters to them. As a development operation, you can either track this manually by recording data as you come across it, or work with any number of software programs, such as EverTrue, that capture and organize information from social networks such as Facebook and LinkedIn. But all the data doesn’t have to come from technology, either. Like most things, the best content profiles are combination of new tech and traditional development work. A content profile can also be informed by the gift officer’s knowledge based on their relationship with the donor. In the end, a content profile is just a richer set of attributes recorded in your donor database.
- Next, dedicate resources to creating beautiful content. 57 percent of people who watch a video eventually go on to make a gift to the nonprofit featured in that video (click here for more stats and the study). Let’s read that again: MORE THAN HALF OF THE PEOPLE WHO WATCH YOUR NONPROFIT’S VIDEO WILL MAKE A GIFT TO YOUR NONPROFIT. Based on that statistic from the very reputable Google, it might make sense that you drop all other expenses until you’ve adequately resourced a video content program. Especially for your major gift donors and prospects. Just imagine, what if you had one tool that would likely lead to half of them making a gift? Video appears to be that tool. Whether thanking, asking, or showing impact, great content is important at all levels of the fundraising game. But especially for your major gift program where one donor can change everything for your organization.
- Train your MGOs to use social media! For a major gift officer, not being active on at least LinkedIn and Twitter is no longer excusable. From Bill Gates, to Elon Musk, to your average millionaire down the street, the more money a person has, the more likely it is they are active on social media. And that trend is only gaining steam. If you’re a major gift officer, ignoring social media is like ignoring the telephone …maybe worse.
It seems that just about every new year in the past half decade has ushered in a new trend in online fundraising. Ambassador programs, online giving days, crowdfunding …in 2015, let’s make it the year nonprofits started using digital communication — and specifically direct marketing through great, targeted content — to engage, cultivate, and steward major gift donors and prospects.