I didn't. But now I do. I just read about it in the Fundraising Detective blog.
Puffery refers to the perfectly legal way that companies brag about their products, making claims that are exaggerated but not provably false (think "coldest beer in Brooklyn" or "best pizza in Chicago").
There are a few fascinating things about puffery.
First of all, it's legal because it is generally assumed that no one really believes it.
But if no one believes is, you may ask, then what is the point of saying it?
The point is, I would guess, that even if the prospective buyer doesn't exactly believe it, he or she still believes that something like it must be true. Or at least believes that the seller is very enthusiastic and confident about the product. I conjecture that the enthusiasm and confidence itself is the message. (If you want to explore a brilliant gloss on this topic by one of my intellectual heroes, Northrop Frye, read The Vocation of Eloquence chapter of The Educated Imagination.)
Second, it is only effective on people who do not consider themselves experts on the subject.
Which brings me back to fundraising.
I often read pieces by fundraising experts about the importance of avoiding dry statistics and complex logic in fundraising writing, and instead using stories and appealing to emotions.
And I'm sure that's true -- for direct mail. But it strikes me as dead wrong in foundation grant proposals.
Because when we're reading direct mail pieces, we want to believe that an act of generosity on our part will have a profound impact on an urgent problem. Just as we want to believe that the pizza we're about to eat is the best in Chicago, or the shampoo we're about to buy is going to make us look like fashion models. We are, to paraphrase Frye, thinking with our imaginations. We live much of our lives in a state of imagination; if we didn't, life might be unbearable.
But sometimes we know we must suspend our imaginations to make important decisions. We'll pull off the highway because we read a sign that says "best barbecue in Tennessee," but we won't stake our life savings on an email that promises the "investment opportunity of a lifetime."
And the foundation program officer, who is paid to direct grants to the most effective possible use, won't be swayed by your attempts to bring tears to her eyes. She is an expert in what she does and your puffery will likely leave her cold. She want facts.
At least while she's at work. After pouring over proposals all day I'm sure she'll head to that new bar she passed by recently -- you know, the one with the big sign that says "Best Martinis in Manhattan."
Wednesday, May 19, 2010
Thursday, May 6, 2010
Fundraising vs. Begging
I had a job once as a canvass director. Which means it was my job to co-run an office of (mostly) young people who went out door to door asking for money.
A guy I worked with told me that every day when he went to work, his roommate would say: "Good luck with the begging today."
Sometimes, in our darkest hours, we fundraisers do feel like impoverished mendicants.
But that feeling should be a warning system: if it feels like begging, we're doing something wrong.
Fundraising is most successful, and fun and satisfying, when we feel that we're providing something valuable in exchange for our donors' dollars.
Sometimes the "something valuable" is a good or a service. Like great theater tickets or curator-led private viewings or opportunities to meet brilliant leaders in a field of interest. The big players in the nonprofit cultural world provide those privileges in abundance, and it plays a big part in their fundraising strategy. We smaller guys need to figure out how to replicate that formula in a manageable but meaningful way.
For non-arts organizations, the "something valuable" might just be the opportunity to be involved in something important and exciting. The opportunity to make a real and significant difference in the lives of people who need help, or to get a school built, or to provide potable water to a village that needs it desperately.
Or perhaps there are opportunities to partner with organizations that will enable you to provide special benefits for your donors.
My point is: innovation and bold creativity can go a long way in terms of transforming our asks from unpleasant obligations to stimulating opportunities in the minds of our prospects.
Fundraising is dreary and difficult when we're doing nothing particularly exciting or important and providing our donors with uninspired gratitude in return.
The first step, I remind myself continuously, is figuring out how to make ourselves, and then our donors, excited about the project and the ask. Sometimes that means expanding the project and increasing the goal. I tend to think that it's easier to raise a million dollars for a fabulous project than a half million for a mediocre one.
With the right "something valuable" in hand, the fundraising challenge may not be easy, but it won't feel like begging either.
A guy I worked with told me that every day when he went to work, his roommate would say: "Good luck with the begging today."
Sometimes, in our darkest hours, we fundraisers do feel like impoverished mendicants.
But that feeling should be a warning system: if it feels like begging, we're doing something wrong.
Fundraising is most successful, and fun and satisfying, when we feel that we're providing something valuable in exchange for our donors' dollars.
Sometimes the "something valuable" is a good or a service. Like great theater tickets or curator-led private viewings or opportunities to meet brilliant leaders in a field of interest. The big players in the nonprofit cultural world provide those privileges in abundance, and it plays a big part in their fundraising strategy. We smaller guys need to figure out how to replicate that formula in a manageable but meaningful way.
For non-arts organizations, the "something valuable" might just be the opportunity to be involved in something important and exciting. The opportunity to make a real and significant difference in the lives of people who need help, or to get a school built, or to provide potable water to a village that needs it desperately.
Or perhaps there are opportunities to partner with organizations that will enable you to provide special benefits for your donors.
My point is: innovation and bold creativity can go a long way in terms of transforming our asks from unpleasant obligations to stimulating opportunities in the minds of our prospects.
Fundraising is dreary and difficult when we're doing nothing particularly exciting or important and providing our donors with uninspired gratitude in return.
The first step, I remind myself continuously, is figuring out how to make ourselves, and then our donors, excited about the project and the ask. Sometimes that means expanding the project and increasing the goal. I tend to think that it's easier to raise a million dollars for a fabulous project than a half million for a mediocre one.
With the right "something valuable" in hand, the fundraising challenge may not be easy, but it won't feel like begging either.
Subscribe to:
Posts (Atom)