by: Jeffrey Stein on
When our clients tell us about realized gifts that came in response to our marketing efforts, I temper their praise by reminding them we have little to do with their mission and their donors philanthropy. We're just helping to bring the two parties together.
Last evening, a client called to let us know they closed $275,000 in gift annuities today. One was for $250,000 from a donor with lifetime giving of $7,200.
That's right; a guy who graduated more than 60 years ago and who averaged $120 in giving per year funded a $250,000 gift. Why? He has no heirs, he's getting little-to-no return on his savings, and he figured this was his way to make his major gift. What inspired him do it now? He received our personalized CGA illustration in the mail.
The full analysis is incomplete, but it's pretty clear this donor was way off the organization's planned giving radar. And had he not been included in the highly targeted, personalized direct marketing effort, he may never have stepped forward.
This organization has a mature annuity program and they've had success in the past. However, they struggled with developing and deploying consistent and compelling marketing communications. Their previous efforts were a combination of ads and postcards produced in-house and drab, generic and cheaply produced mailers and brochures from the industry's subject matter experts, but not marketing experts.
Your best prospects may be outside your typical target radius. Adding to your target list of a well-crafted, thoughtfully designed planned mailing or marketing initiative will likely pay for itself with just one additional planned gift.
We helped this planned giving team to expand their campaign, casting a wider net, and now their pipeline has never been as full. Yet another example of what's possible for forward-thinking organizations when they leave the marketing to marketing experts.
Want a team of marketing experts to help fill your call list with qualified leads? Give us a call at 484-680-7600 or contact us today.