The 5 Elements of an Effective Fundraising Case Statement
If not brothers, fundraising and marketing are close cousins. Quite often, higher ed marketers are called on to help with fundraising campaigns and messaging.
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Imagine entering an elevator. You press the button for floor ten. As the door closes, the stranger to your right asks “So, tell me about your institution.” You now have the time to get to floor ten to provide the most accurate and engaging answer that will engage the stranger to want to learn more.
This is the idea of the “elevator speech.” Every individual in your organization should understand your institution’s brand benefits and distinctives. Your team should understand your brand well enough to accurately and succinctly articulate it in such a way to garner additional interest.
Whether the listener is a prospective student, parent, potential donor, or another constituent, your answer can engage them and move them to the next level of engagement in a personal and authentic way.
The following is a recipe for building your elevator speech.
Begin by answering these questions regarding the benefits your institution provides its students beyond the expected (i.e. an education).
Add information regarding programs that are unique to your school.
Finalize your elevator speech by offering a proof in the form of a statistic, testimonial, or other data point.
The final part is the call to action. Invite your listener to the next level. It may be offering a business card, referring them to a website, or inviting them to campus.
By assembling the entire speech, you might come up with something like this:
ABC College is a 4-year, private institution focused on preparing students to impact a changing world. Our one-on-one faculty mentoring program, required senior internships for all majors, and unique life-teams provide graduates with not only the knowledge, but the skills to succeed in a dynamic work and life environment. Each year, an average of ninety-five percent of our graduates begin work or continue education in their chosen field and nearly sixty percent of our alumni provide some form of leadership within their spheres of influence: work, church, community, and volunteer organizations. I can provide you my business card with our web address so you can explore further and learn more. Would you like it?
Once you have the elevator speech that is unique for your institution, be sure that everyone understands and can articulate it in their own words. It is not important to memorize it, but it is important to be able to individualize it for each member of your team. Admissions might emphasize aspects that may appeal to prospective students and parents; development may underscore benefits that are attractive to donors. It is far more important that the team understands the unique benefits your organization offers and has the skills to communicate it effectively.
Use the following chart to assist your team to build an elevator speech that reflects your institution.
If you need help with your elevator speech or with any of your marketing strategies, feel free to reach out.
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Featured image courtesy of Steve Snodgrass (CC Attribution)
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