There’s an acronym — K.I.S.S. — that seems like it might have been developed just for marketers:
K – Keep
I – It
S – Simple
S – Stupid!
For example, consider automobile marketing. The best marketers of cars don’t worry about learning everything they can about how the engine works, how torque gets created, or what compounds were used in the manufacturing process for two reasons:
1. The average car buyer really doesn’t care
2. That’s not why the average car buyer selects a car
Just about every financial decision is based mostly on emotion. Yes, emotion— not pragmatism. For a big purchase (such as an automobile), buyers depend on:
After all of those concerns have been considered, then a very small number of buyers might possibly want to look at some details such as how the torque gets produced. But most won’t.
Similarly, when “marketing and selling” (or raising) major or planned gifts it’s all about emotion. If you find yourself trying to communicate details about the process, you might want to reconsider what you’re doing because you might lose your supporter’s interest on-the-spot.
Keep it simple— stupid!
>>Chasm between knowledge and ignorance in marketing and advertising
>>77 Bare Knuckle Marketing Strategies
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Thank you for the reminder, Greg. If I were ever to get a tattoo , I think it would be this, that’s how important I believe this concept is. I would point out, however, that HAVING the technical knowledge about planned gifts doesn’t preclude one’s ability to be a successful marketer. One need only be selective about when and where one shares this knowledge.
I’m with you Scott. I find my technical knowledge does come in handy, because there are technical ways that planned giving meets emotional and practical needs.
Victoria, thank you. It’s always best if you have all the tools… technical, emotional, practical. We need more like you.
Yes Scott. I agree. You CAN have lots of technical knowledge and be a great marketer. But you can certainly be a great marketer without a lot of technical knowledge.
Greg, Thanks for comparing gift planning officers to used car salespeople. It is true that we do not need to dazzle the prospect with mind numbing details, but if we want a “place at the table” with the donor’s trusted advisors we better know what is under the hood.
Hi James- Thanks for your thoughts.
First, I didn’t compare a donor’s trusted advisors to used car sales people. Re-read the article and I think you’ll agree.
Second, even if I did, that wouldn’t be so bad. My lead developer’s dad sells used cars. There’s nothing wrong with him and nothing wrong with that profession. He likes to help people. He’s very honest and honorable. I can’t stand by while you make it sound as if your profession is better than his. It isn’t. He is a good man just trying to earn a living. And I bet he’ll leave a planned gift someday. But he probably won’t consult an advisor. He’ll do what most people do who don’t have enough to warrant an advisor’s counsel… he’ll leave his gift by simple beneficiary designation.
Third, “marketers” of planned gifts don’t necessarily need or want a place at the table. Their job is to build awareness, generate leads, and cultivate them. Their job is to generate planned gifts from the people who don’t want to or need to talk to an advisor about their intentions. Again, re-read the article. It’s about whether or not a marketer needs to know the details for planning gifts. It isn’t about whether a sophisticated advisor needs to know those details. I have yet to find a super-skilled donor advisor who is also really great at marketing. If you are one of those, then you are a “unicorn”. Congratulations on your exceptionality.