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How can you assure that contact lists aren’t overused?

May 25, 2018 by Deborah Drake

In an era where there is more incoming digital communications of all types (texts, social media alerts, emails, and (now) robocalls) the challenge to authentically engage with prospective alumnae and donors is greater than ever. 

Survey Says: Response equals Respect 

Steve Smith, my first and most memorable mentor in Sales 101 (as the newly minted ad account executive I was) taught that to capture a prospect’s attention meant multiple touchpoints–intelligently implemented. Seven points of contact by phone, email, or face-to-face (ideally) from the same source was the wisdom taught to me and possibly more; with each point of contact adding something of value to the last effort–to make a friend, find common ground for conversation, and to nurture a relationship.  

The name of the game was creating rapport, providing value, sharing information, earning trust and developing respect; so that when the call to action or ask was made there was more reason to say “yes” than to say “no, not at this time” or worst yet, “take me off your list, please.” 

Picture this scenario. You are an alum of a college that gave you a positively memorable education experience, you benefitted from a financial aid package as a student on a tight budget, you relied heavily upon the computer labs and libraries, possibly over-utilized the student counseling center and health center, and thoroughly enjoyed your work-study program because it gave you real-life skills you then turned into an enjoyable career path. You’ve even made it back to Picnic Day (once) and RSVP’d to invitations to regional events about healthcare and water quality issues.  

When the email comes from Alumnae Relations asking for updates on you, your life, your work, your accomplishments, and your interests, you respectfully respond.  When they started an online alumnae community, you joined, and started to populate your profile.  

Why? Because you have leveraged your educational experience as best you can and are happy to share your good news when asked.  

From college student to successful adult with a meaningful career, why would you not support your alma mater annually, increasing your allocated gifts and donations to annual giving campaigns as your resources allow? 

Nurturing engagement that inspires giving with aggregated data.  

How advancement teams and their campus partners succeed depends on a variety of inputs, how complete a picture they have of the prospects in their databases, AND what they are doing with the prospect data picture they have. 

  • Is Alumnae Relations creating opportunities for graduates to share their accomplishments and interests? 
  • Is Advancement creating unique and appropriate campaigns and volunteer opportunities that resonate with recipients, their interests, both on- and off-line at local and regional levels? 
  • Are Gift Officers able to curate custom invite lists for opportunities when they are out in the field?  

Working together everyone accomplishes more.  

Where is there access to a central repository of all that wonderful multi-layered data about alums, donors, and prospects that yields an ideal list that tells a good story when filtered logically and intuitively? Does that online vault even exist at your institution, and can key departments (Enrollment, Advancement, Alumnae Relations, etc.)  add, keep current, and share their data with each other–securely and easily?   

Ideally, outreach efforts by campus partners are coordinated with transparency and sensitivity to assure that alums and prospective donors are not asked too often by too many sources to “give back” and “pay it forward” and their communication preferences (once known) are honored.  

Is there a good system in place, capable of monitoring how and how often prospects are being engaged and by whom to assure that prospects: 

  • choose to stay engaged,  
  • choose to give when asked,  
  • and don’t opt out in frustration about too many touchpoints from too many sources (they perceive to be the same = their alma mater)? 

Ideally, campus partners are working together (not in silos), sharing their key data points (securely), and collaborating to make advancement activities (when and wherever they occur) a success because they recognize they are on the same TEAM with a shared mission. 

Always. Be. Connecting. Data. 

At the end of the day, Advancement Services and Alumnae Relations are both fundamentally “in the business of selling and sustaining the idea” that staying connected to your alma mater and “giving back” to “pay it forward” can be a win-win-win proposition for the alumni, the institution; and for the future generations of students that benefit from sustained giving.

Need some help in optimizing your prospect research and list generation for advancement and fundraising activities? Learn more about Michelangelo Pro through a personalized demo or attend the next webinar.

Filed Under: Advancement, Alumnae Relations Tagged With: advancement services, fundraising, prospect management

Thriving as a Fundraiser in a Digital Era

May 25, 2018 by Deborah Drake

“Fewer people are donating, a Chronicle analysis finds, and the implications for philanthropy are profound.” (The Chronicle of Philanthropy) 

Effective fundraising begins with understanding your “potential” donors

In an era where it’s easier to automate and syndicate digital communications and there are often too many requests for financial support, it’s crucial for higher education institutions to approach the right prospective donors and alumni with more personalized messages.   

It becomes imperative that advancement teams design and implement thoughtful, personalized campaigns that a prospective donor will feel an affinity for. Above and beyond their academic profile and giving history,  what else do you know about your alumni? 

Affinity-based outreach with customized communications are possible when you make the effort to better understand the hearts and minds of the individuals in your databases.

The power of identifying an audience’s interests 

While most fundraisers still segment their contacts primarily by giving history, caused-based giving could be playing a smart role in planning. Targeted appeals that resonate with appropriate non-donor alumni and prior donors’ expressed interests (e.g. healthcare, environmental concerns, specific research, STEM/STEAM, social justice) have a better chance of yielding a “yes” sooner.  

Another by-product of this more holistic approach–it can strengthen the connection that alumni feel for their alma mater and create new kinds of opportunities for alumnae networking at local and regional levels.  

Therefore, the more the advancement teams understand who are on the list and what they care about, the greater the likelihood they will show up when invited, volunteer time when asked, refer future students, and give financial support.  

Photo Credit: Donate by Nick Youngson CC BY-SA 3.0 Alpha Stock Images

Start thinking holistically about how to connect alumni to a cause.  

Inside your master lists of potential donors live alumni and friends of education who would say yes to supporting scholarships for underrepresented student populations or helping to fund new research facilities. Certain alumni will resonate with environmental concerns, while others value research that champions better healthcare solutions. When prospective donors personally identify with a scenario (cancer research, scholarship funds for STEM/STEAM programs, diversity and inclusion in student populations) the better the chances they will support the cause. 

Advancement and Alumnae Relations: Do you play well together? 

Beyond being an alumni or friend of your institution, each prospective contact is an individual with a set of interests that are authentic entry points to creating a real and sustainable relationship with advancement services and alumnae relations.  The more you understand about their work, hobbies, interests, concerns, and causes they support–the better you can design creative and meaningful outreach campaigns.  

Data tells a story and more data points in your set means more touchpoints to start a conversation and sustainable relationship. 

Is alumni relations capturing and then sharing the meaningful details of alumni (work they do, where they live, accomplishments, causes they care about) with their campus partners that could benefit major giving campaigns or specialty scholarship programs? If not, it’s time they start that best practice to amplify success rates across departments. There is a lot campus partners can learn from cross-communications and aggregating data sets. 

What’s in it for the campaign recipient? 

Coordination and collaboration with campus partners (e.g. recruitment, alumnae relations, PR, marketing) can assure that prospective donors are seeing something that speaks to their specific, unique interests from more than one source. Campus partners can send personalized emails in support of advancement services and the main website can be used to spotlight causes the institution supports. 

The BIGGER objective would be for prospective donors to see a consistent message from multiple sources which broadcasts a message of high fidelity throughout campus partners.  And to make that happen, it’s good business to be sharing aggregated data, plan well, and be collaborative in all types of advancement activities. 

Michelangelo Pro is an award-winning technology platform that enhances fundraising capabilities by providing smart data on-demand and easy list generation for Higher Ed Institutions. Schedule a personalized demo to see exactly how Michelangelo can help your team and institution.

Photo Credit: Donate by Nick Youngson CC BY-SA 3.0 Alpha Stock Images

Filed Under: Fundraising, Prospect Research Tagged With: advancement services, fundraising, higher education

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