Seth Godin is renowned for his good advice.
He's a Stanford MBA, a successful serial entrepreneur, and the New York Times best-selling author of more than a dozen mind-bending marketing books. Of the many guru bloggers I follow, Seth is the most consistently useful. His insights into consumer behavior are sharp and actionable.
As he has said, "The story’s about the donor."
"Every time someone donates to a good cause," Seth points out, "they're buying a story ... a story that's worth more than the amount they donated." Immense treasure hides in that observation. "It might be the story of doing the right thing," Seth explains, "or fitting in, or pleasing a friend or honoring a memory ... but the story has value. For many, it's the story of what it means to be part of a community."
Please scribble down (or have tattooed on your forearm) three points:
- Once a gift is made, it's no longer exclusively your organization's story. Now it involves other people (every donor).
- Donors hope to purchase a role in your organization's story with their gifts. And, as Seth says, that role is worth something ... for personal reasons connected to the donor's self-identity.
- Hence, dear fundraisers and donor-stewardship specialists: If you do not reinforce that hoped-for role in the organization's story, "your" donors will find other charities to love. Guaranteed.
When people make a gift to charity, they're proving something to themselves (maybe others): This is who I really am. Yet, most charities, to judge by their communications, apparently couldn't care less.
As Jeff Brooks points out:
Your donors are not your donors — as in, an asset you own or control. But your organization is their charity — something they use to accomplish their goals.
Keep this distinction in mind, and your fundraising will be a lot better.