Viken Mikaelian

Are you a Binge Marketer?

The classic cry of the binge marketer is “Oops… business is slow. I guess I’d better do some marketing and send out a mailing.” If you find yourself in the middle of a quiet spell, thinking that a few actions, a couple of phone calls and a mailing here and there will get things moving again, you need to rethink your strategy.

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Who’s Your Tom Bond?

You’d never guess by looking at Thomas Chandler Cruikshank Bond, III, that he battled drug addiction for two decades, that he was jailed half a dozen times, or that he spent four years living in abandoned houses in East Baltimore. In fact, even if you had met him during most of those dark years, you never would have guessed what was really going on under his façade. He had a good job with an expense account, wore a suit and tie and drove a nice car. But, he says, “inside I was a wreck, miserable.” By 2002, Tom had been homeless or jailed for the past four years. He was injecting heroine and cocaine and had wasted away to 150 pounds. “I really thought I’d end up dying in the projects of Baltimore,” he says. Then, during yet another stint in jail, Tom heard (for the third time) about the Helping Up Mission, an organization that helps men break the grip of homelessness, poverty, addiction and mental illness. This time, Tom was finally ready to seek help. He entered the mission, and after graduating from their one-year spiritual recovery program, he was hired on staff. He continued moving around to different positions within the organization, and now he is Director of Programs and Services and oversees a team of 40 staff and eight programs serving 500 men. What a difference a year can make Tom Bond is a face and a story to a problem. He breaks the stereotype of the greasy-haired bum on the street. “The picture of homelessness and addiction that most people have isn’t accurate. The larger picture is the kid that breaks his leg and gets hooked on oxycodone and within a year or two goes to heroine. It’s a gigantic, terrible mess.” So Tom tells his story over and over and over. In his role at Helping Up Mission, he often gives tours to donors and foundation representatives. “Invariably my story pops out during the conversation. They’ll look at me in my suit and they’ll say ‘No way man. No way were you homeless.’” So who’s your organization’s Tom Bond? Who has a story that will compel your donors to give generously? Who can speak with emotion to represent the reality of what you are trying to accomplish? The story doesn’t have to be dramatic with drugs and jail time. It just needs to make people feel something— compassion, anger, excitement, or even guilt. If you’re a university, maybe your storyteller is a graduate doing breakthrough technology research. If you’re a Food Bank, perhaps it’s the blue-collar family who swears they would have starved that one tough year if not for your assistance. If you’re an elderly care facility, maybe it’s the 89-year old woman living with dignity and comfort and playing poker with her girlfriends on Thursday afternoons. But please don’t talk generically about all the residents; talk about this one. Tell her story. Here’s a quick mental marketing exercise to do. Envision all of your marketing materials, all your website copy, all the verbiage you use when talking to prospects, every PowerPoint presentation you’ve ever done. Imagine it all typed out on a multi-page document. Now imagine you have a bright orange highlighter in your hand. Go through all those words, highlighting only the ones that tell a story or convey real emotion. Most non-profits would see a lot of black and white staring back at them. Now, go find your Tom Bond. Tell stories. Make people feel.   Category: Planned Giving Marketing

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Year-End Giving 2012

  With the presidential election behind us and the status quo retained, what does this mean for charitable giving as we approach year-end? Over the last three months, this was the number one question on people’s minds – “What happens if after the election, we have the same parties in control of the House, Senate and Presidency? After all, there were lots of tax reform proposals out there during the campaign and we are about to go over the ‘Fiscal Cliff.’” While we don’t have a crystal ball, we are certain about three things which should shape how you approach year-end 2012 and the start of 2013.

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There Is Money Out There
Giving
Viken Mikaelian

There Is Money Out There

But did you hear about the doggy hotel your nonprofit is competing with? $175 per night. Your pooch can enjoy a poolside room with a view ($50 extra), an evening backrub ($25 extra), and even a bedtime story ($20 extra).

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Nonprofits Are Not Special
Planned Giving Marketing
Viken Mikaelian

Nonprofits Are Not Special: Think Like a Business

That’s right. Being a charity doesn’t magically change business, economic, or marketing realities. So think like a business. Not like a nonprofit. Because the biggest problem among nonprofits is the “non.” There are quite a few people in the nonprofit world who do not want to hear this. In fact, our least popular webinar has consistently been the one that Jeff Comfort and I presented titled, “The IRS Considers You a Business. Act Like One.” We focused very much on finances, P&L (profit and loss) statements, setting goals, and accountability. Apparently, no one wants to think like a business. I cannot emphasize this enough: If you truly want your nonprofit to succeed, you need to think like a for-profit. Focus on these first: Advertising Marketing Sales Personal Relationships Too many nonprofits drive their prospects away before they’ve even had a chance to get started. Here’s what I recently saw on a nonprofit’s pledge card: “We need the funds now to maintain our property today.” Talk about giving off a bad impression. What does the donor hear? “Give us some bucks now to take us out of our misery.” Can you imagine if a business used that same tactic in its advertising? “We need you to shop our electronics sale today, because we need to repair our leaky roof and still have enough left over to pay our employees.” How can you say it better? “We’re working on securing our future, so we can continue doing what we do today even better tomorrow.” This presents a much better image of your nonprofit to the public — and it simply builds trust and respect. According to Stanford Business, “When nonprofits act like businesses, transparency improves … a 12-year study reveals that charities that adopt modern strategies are more likely to share and collaborate.” A survey found that nonprofits that were early adopters of managerial practices have been able to adapt quickly to become more transparent and collaborative. And of course, become more sustainable. Finally, in critical times mission positioning is important. So is tact and prudence as words carry emotion. This blog post may carry too many topics, but it’s all interrelated and critical for your organization, and personal success. Categories: Planned Giving Marketing, Relationships

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The Cocktail Party Test: Is Your Enthusiasm Contagious?
Planned Giving Marketing
Viken Mikaelian

The Cocktail Party Test: Is Your Enthusiasm Contagious?

Fundraisers can make “civilians” a little nervous when they’re around. What comments do you get when you tell folks what you do? “Ugh, I could never ask strangers for money!” “Well, I hope you didn’t bring your begging bowl with you tonight – this is a friendly party.”

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Illustration of several colored buildings tighly spaced together
Giving
Viken Mikaelian

Why Isn’t Your Organization Taking Real Estate

Real estate gifts are an underutilized opportunity in fundraising, with nonprofits missing out on substantial donations due to myths and misconceptions. Experts Chase Magnuson and Dennis Haber debunk common misunderstandings, revealing that charities can sell donated properties immediately, accept gifts with debt, and structure transactions creatively. With Baby Boomers holding over $48 trillion in wealth, much of it in real estate, now is the time to embrace these gifts. Fundraisers must educate themselves, build networks, and market real estate donations effectively to maximize impact.

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Should Planned Giving be Denied Access to Annual Giving Donors?

We were recently asked: Is there any “benchmark,” or industry standard regarding the mechanics of “handing off” a loyal direct mail donor to the Planned Giving Department? Without airing too much “dirty laundry,” our in-house Direct Marketing Department refuses to give the Planned Giving Department access to the donor database out of fear that planned giving marketing activities with loyal donors will depress annual giving income from those donors. So basically the Planned Giving Department is being denied access to the best prospects, because of fear that planned giving will undermine annual giving. How do other organizations handle this?

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Myths (& Facts) on Planned Giving
Giving
Viken Mikaelian

Myths (& Facts) on Planned Giving

Get your board on board and let them see the value of planned giving with these Myths and Facts. You can also purchase the expanded professional version of this post in PowerPoint. Perfect for your next board meeting or legacy society event. You can also evaluate your board’s readiness here. Engaging a board is critical for long term sustainability. The board of directors plays a critical role in the growth of your organization. And since many are “community players” they themselves can influence gifts. Want to make your job easier and be more successful? Engage with your board, and engage with advisors. Myth: Planned gifts compete with major gifts. Fact: Most planned giving donors are not prospects for large major gifts. Myth: We are not ready for planned giving. Fact: If you are a non-profit, you already are in the planned giving business. Myth: All planned gifts are deferred. Fact: Many planned gifts come in sooner than you think. And the fact is, the more you put off planned giving the more deferred they become. Myth: All planned giving donors are old. Fact: Younger donors will determine the future of your organization. Besides, age is in the eyes of the beholder and it’s a matter of mind. When you don’t mind, it doesn’t matter! Myth: Planned giving is for the wealthy.* Fact: Donors at all financial levels make planned gifts. In fact, some planned gifts, such as bequests, do not affect one’s cashflow during his or her lifetime. Myth: My prospects are not online. Fact: Your website is the first place your prospects will go for information. Myth: The real money is in current gifts. Fact: Only 5% of this nation’s wealth is in cash… you do the math. Myth: Planned gifts are a distraction in campaigns. Fact: They provide 30% or more of comprehensive campaign totals. Myth: Planned giving is complex, expensive and time-consuming. Fact: Planned giving can be as simple as you want it to be. And several planned gifts do not require an attorney.Free tools and resources. Planned Giving Infographics.*Jennifer Meckling at the Oklahoma City Foundation says it well: “Just because a donor doesn’t have cash doesn’t mean they don’t have assets that could be turned into a significant charitable contribution. Category: Giving, Planned Giving Marketing

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Are You Irresistible?
Planned Giving Marketing
Viken Mikaelian

Are You Irresistible?

Sales and marketing are different things. Sales, or stewardship, is direct contact, and the point is to make a sale. Marketing is more about building awareness of your brand, your mission and your vision. Though it creates bonds in less personal ways than sales, marketing enables you to cast a wider net and create a sales funnel that directs revenue your way.

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