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Legacy marketing and Bible Society John Ranford
1. Legacy Marketing at Bible Society John Ranford Fundraising Officer: Strategy and Innovation Incorporating contributions from Claire Routley Head of Legacy Giving
14. Life-stages time-line Will-making prompts Typical Bible Society messages (current) 'Defensive will-making in early life Bible Society needs your legacy Bible Society needs your legacy New messaging … New messaging … New messaging … New messaging … Life-stage Bible Society needs your legacy
15. 'Pro-active' will-making in later life Will-making prompts Typical Bible Society messages Bible Society needs your legacy Bible Society needs your legacy Bible Society needs your legacy New messaging … Life-stage
Conclusion: Single childless women - are more likely to leave a legacy - leave larger legacies
Now its fantastic that the rate of charitable legacy giving is going up (though its still only 7% so there is huge potential there) But what particularly concerns us as Christian charities is to ensure that we get a fair slice of the cake. And its great that the demise of large numbers of baby boomers will swell the legacy coffers, but The other big picture we need to consider is the shrinking number of Christians
Women – live longer – leave almost 70% of legacy income 80-89 – pledgers live longer Well off – in asset terms – pledgers leave larger estates Single – as a proxy for childless
This slide is basically saying that you should look outside the warm donor base – some of the wider audiences might be even more appropriate for a legacy message than donors
What do people want to know? Your achievements Your direction of travel We talked here about if you couldn’t afford a brochure, your annual report and a legacies insert might be a good place to start, as the annual report – at least in theory – contains much of the info that a potential legacy donor might want to know
This is our chief exec. We talked about how an interview with your chief executive is a good way to formulate a legacy mailing. Ask them why they work for you, what motivates them, future plan, people they’ve met who’ve inspired them, where they’d like to see the org in the future etc etc.
This is a bit of academic research on how best to talk about legacies. What its basically saying is legacies should eb visionary and big picture and less about the day to day nuts and bolts of what you do. Abstract v concrete – when taking decisions in the future people prefer to think abstract rather than concrete, so talking about reducing suffering rather than £10 buys a meal Superordinate v subordinate – why rather than how – so what successful achievement of mission would mean rather than nuts and bolts Decontextualised v contextualised – rather than helping x no of people in x no of ways, why work is of broader social significance Promotion of primary values – organisational values that appeal to ideal moral identity Strcutured v unstructured – long term plan for the organisation
This is referring back to the earlier P in the 7 Ps slide about process. It often gets overlooked, but everything you invest in marketing can be wasted unless you think carefully around customer service – making sure you get back to people who enquire for example
Can we influence these? Should we try? You bet we should!
But its important to note that we are not purely altruistic and only interested in growing the market. It is built in to our objectives that we want to promote the individual member charities wherever possible, And achieve higher visibility through the consortium than we could on our own.
We have a vision of a world transformed by the generous giving of Christians in their wills. we want to challenge Christians to a kind of giving that could help leave a 'Christian legacy' to future generations.
Phase one featured comments from well known Christian speakers writers and personalities.
Phase 2 featured the CEOs of all member companies – we are just showing a sample of 3 here
Phase 3 featured testimonials about why different supporters were going to leave a legacy to their charity of choice
And finally phase 4 featured stories about how relatives had left legacies and why
Responses are still coming in, and we haven’t had time to analyse them properly yet, but there look to be some interesting results. There seems to be a small increase in those saying legacy giving is taught in their church – though it is still very low. And a drop in those who have never thought of leaving sa legacy to a Christian charity