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- 2009.05.05 Richard’s Guiding Principles
| Richard’s Guiding Principles |
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Over the years, Richard Viguerie has established principles for marketers of all political persuasions, or no political persuasions at all. A partial list of Richard’s principles follow . . . READ LIFETIME VALUE Non-profit leaders must recognize that it may take months, or even a year or two, to recover marketing investments that aim to cultivate donors, build brand awareness and bond people to your mission. In the world of selling ideas, an education, or hope and healing, the more long-term your outlook is, the more important lifetime value becomes. The initial investment can take years before a profit is turned. Every successful business understands this principle. Unfortunately, many in the non-profit world simply don’t know it, or forget how critical it is. This principle is no less true for cause-related or ideological marketing than for-profit business. PROFESSIONALISM COURAGE People today are bombarded with information—300+ TV channels, 40+ local radio stations, over 50 million websites, and over 45,000 magazine titles. They are reacting—with TiVo, opt-out, spam filters, Do Not Call Lists, and the “mute” button. Non-profits are asking themselves how to build their brand, how to reach and bond with new prospects, which communication channels produce the highest return on investment, and exactly which ones should they integrate. How do charities respond to the new economic challenges, to a cluttered marketplace, and more importantly, how will donors who are facing the hardest economy in half a century respond to their appeals? Today, it has never been more important to have a clear strategy and detailed tactics for reaching donors in a highly cost-effective manner. But that may not be enough. Courage may be the most important element in your marketing and fundraising mix right now, especially in a climate where playing it safe won’t help. |










