Newsletter: CVS Accused of Fundraising Fraud at Checkout 🫢 ; KFC Hits the Road in Charitable Food Truck 🚐 ; 3 Things to Do Now to Crush It in 1st Quarter 📆
2023 is right around the corner. Here are three things you can do RIGHT NOW to be better at partnership sales in the new year.
☑️ Strive for more consistency. If you want more consistent success in your partnership program, you need more consistency in your actions. This means dedicating time every day to prospecting, cultivating, and closing partners. No excuses….
Newsletter: How to Overcome Your Prospect’s Fears 😱 ; Doctors Without Borders, Ikea Partner to Build ‘Giving Room’ 🏠 ; Tom Brady is a Terrible Philanthropist 🏈
The #1 emotion you have to deal with in almost every partnership meeting is FEAR.
The prospect's fear that you're not the right partner
The prospect's fear that you'll make them look stupid
The prospect's fear that you don't know what you are doing
The prospect's fear that a bad partnership will get them fired
How will you address the prospect's fears…
Newsletter: Are Partnerships That Drive Sales a Blessing or a Curse? 🤬 ; 9 Sales Trends to Watch for in 2023 🤝 ; Should You Dump Twitter for Mastodon? 🐘
FACT: I have yet to meet a partnership professional that didn't salivate at the prospect of getting ACTUAL PROOF that a nonprofit partnership helped a company sell more stuff.
Everyone wants this!
When I'm writing partnership case studies, most nonprofits say: "Can you ask if the partnership has helped them sell more XYZ?"
I get the desire to want to know. I really do.
But I've concluded that you may not want to know the answer for two important reasons….
Newsletter: Who is Your Perfect Partnership Prospect? 😍 ; 4 Creative Cause Marketing Activations 🎨 ; Is Trust the Future of Giving? 😇
Who are your Perfect Partnership Prospects (PPP)???
Do you have a list of them that you refer to often?
Are you creating content specifically for them to get them on board?
Are you connecting with other people within the company so you have multiple touch points?
I ask because I had a great conversation last month with JOANN about their partnership with the National 4-H Council (4-H)….
Newsletter: How One Retailer 2X Customer Donations💰💰; 144 Brands That Are Leading on Social Action 🏆 ; What’s the Most Effective B2B Content by Funnel Stage? 🧐
One of the things I really enjoy about writing case studies is I get exposed to all kinds companies and how they raise money for their respective partners.
Last week I had a great conversation with a large retailer (1000+ stores) about its checkout charity program and how they absolutely blew the lid off their fundraising goal.
Here are four solid lessons that could help you smash the record of your next checkout charity program…
Newsletter: My 8-Step Process for Writing Case Studies ✍️ ; Study: Checkout Charity is Making Shoppers Anxious 😟 ; A Crash Course in NFT’s for Good 😇
I'm knee-deep in partnership case study work right now, so I've been suggesting to some partnership peeps that if they only have one or two partnerships that they should write them up themselves.
Here's my 8-step process!
🚦Get Permission. Call your contact at the company and ask her if she would be willing to participate in a case study. If they are bigger company, insist that they…
Newsletter: 3 Lessons from a Nonprofit That Lost Its Biggest Sponsor 💥 ; Purina Turns Hockey Penalty Box Into Dog House for Charity 🐶 ; Did Emily Dickinson Have a Boston Accent? 🚗
The Boston Marathon is one of the best known road races in the world, but what's not widely known is that it's run by a nonprofit, the Boston Athletic Association or BAA.
And just like many nonprofits do, the BAA has run into a stumbling block: It just lost its biggest sponsor for its largest event.😱 Yep, after nearly 40 years the financial services giant John Hancock is ending its support for the Boston Marathon.
There's a few things we can learn from Hancock's departure and the BAA's hunt for a new major sponsor….
Newsletter: Best Ways to Reach Out to a Prospective Partner 🤝 ; Does Your Partnership Team Need a Name? 🤔 ; Why Your Marketing Needs to be Irrational 🤪
Last week I got a question from a reader about the best ways to reach out to a prospective partner.
Here you go...
🔬Do your research. The first thing to do is to confirm that the company is indeed a good prospect. Next, I apply this rule: Do not reach out to a prospect unless you (1) have an referral from someone they know (e.g. "Joe Waters suggested I contact you...") or (2) an OVP (overwhelming value proposition) for them that makes the opportunity too good to miss and you had to call them.
🤝 Build relationships….
Newsletter: Partnership Lessons From Rome's Colosseum 🏟 ; Booking.com Creates ‘Travel Proud’ Program for LGBTQ+ Community ✈️ ; Black Rifle Coffee: Socially Conscious, Politicly Incorrect ☕️
I'm back! 🇮🇹 And what a trip!
The sites! The food! The coffee! The corporate partnerships!
While I unplugged from my newsletter for TWO WHOLE WEEKS (a new record for me), I never really stopped thinking about corporate partnerships. I even learned a couple things about partnerships when my wife and I toured the Colosseum in Rome.
Our tour guide was discussing preservation efforts at the Colosseum and how the Italian government had turned to the business community for support.
It turned out to be a tough sell. While it's common here in the U.S. for companies to support public treasures, it's less common in Italy.
However, ONE COMPANY did step up…
Newsletter: What’s Your Pumpkin Spice Partnership Strategy? 🎃 ; Farm-Animal Nonprofits Partner for 'Hunger Games' for Goats 🐐; How & When to Use Slides in Your Partnership Pitch 📽
🎃 Have you noticed that pumpkin spice is like...EVERYWHERE. Candles, coffees, teas, chips, vodka, donuts, Twinkies, and PEEPS (my favorite!).
So, if everything has pumpkin spice in it this fall, shouldn't your partnership strategy also have pumpkin spice mixed into it???
Now, before you stop reading and conclude that the pumpkin has finally slid off Joe's pumpkin-flavored cracker, hear me out…
Newsletter: Advice for New Corporate Fundraisers 🐥; 25 Hot Retailers to Add to Your Prospect List🔥; How to Use YouTube to Drive Traffic to Your Website 🎥
The gang at Remarkable Partnerships (RP) in the UK has released a helpful article for new corporate fundraisers. It's called 5 Top Tips for New Corporate Fundraisers.
I agree with every point! Those Brits are so wicked smahht!💂🇬🇧
However, let me take a moment today to expand on their points and offer a few key insights of my own…
Newsletter: A Small Nonprofit Positions Itself for Big Partnerships🤩 ; How to Warm Up a Cold Call 🧊; Why I’m Wearing White After Labor Day 🥼
Last week I was teaching in the New Strategies Program at Georgetown University on what I call audience-centric fundraising.
In a nutshell, I argued that to be successful with corporate partnerships your nonprofit needs to build an audience that knows, likes, and trusts you. This is important because companies look for audiences to tell them what is good, popular, and profitable in this world.
During my presentation, I highlighted several nonprofits that have done a great job at audience-building and have attracted major corporate support.
I also introduced a new example that I thought had great potential….
Newsletter: 9 Partnership Posts You Might Have Missed This Summer ⛱ ; Nature Valley Launches ‘Do Good & Get Goods’ on TikTok 😇 ; Steal from Mother Theresa for Your Partnership Marketing 🙏
On Sunday I dropped my son off at college for his sophomore year.
At 8pm it's already dark.
I'm starting to see late-season blooms in the garden like goldenrods, asters, and pink sedums.
I can't believe September is right around the corner.
A new month! A new season!
Before publishing any more new content, I thought it might be helpful to review what I've written this summer to make sure you haven't missed anything that could be helpful…
Newsletter: Partnership Sales Lessons From the 'B2B Revenue Waterfall' 🌊 ; New Video Game ‘Stray’ is Cat’s Meow for Nonprofits 😺 ; Donor-Advised Funds are Starving Nonprofits of Money They Need 🍽
Every other week I get a newsletter in my inbox called The Authority. It's all about how consultants like me can get more clients by being a visible authority in their particular area of expertise.
Last week, the author of the newsletter, Luk Smeyer, shared an article that's relevant to consultants AND to partnership teams.
Luk discussed the importance of targeting existing clients and referenced a graph from Forrester called the B2B Revenue Waterfall….
Newsletter: 5 Lessons From Writing 100+ Partnership Case Studies ✍️ ; The Companies Stepping Up to Support Kentucky Flood Victims 🌊 ; We Must Address Declining Trust in Nonprofits 📉
A couple years ago I noticed that while case studies were prized and used by B2B businesses, very few nonprofits used them. What surprised me even more was that most of the corporate partnership teams I knew didn't even use them - which made no sense to me whatsoever!
Since then I've written well over 100 case studies for partnership teams! Whether you write your own case studies, or have me write them for you (just hit reply to this email and we can discuss! 🥰), I've learned a few things along the way that I want to share with you…
Newsletter: Beauty Brand Explains How to Do Cause Marketing Right💄; A&W, Veterans Org Raise funds on Root Beer Float Day🍺 ; Chick-fil-A Takes Page from Nonprofits, Recruits Volunteers 🐓
I wanted to share a couple the answers I got to the two questions I posed to readers last week.
🙋♂️The first question was on whether having a media partner attracts corporate partners. The overall response was mixed. Some readers believed having a media partner helped recruitment, others didn't.
On the nay side, one reader wrote…
Newsletter: Does Having a Media Partner Attract Corporate Partners? 🤔 ; 20 Hot Partnership Programs from the U.K. 🔥🇬🇧 ; 3 Tips to Revive a Legacy Brand 🌳
I got two questions from readers last week that I would like your help answering.
Here's the first question...
🙋♂️ "I am working on a plan for a major campaign and would love to bring on some kind of media partner (e.g. New York Times, New York Magazine, New Yorker, the Atlantic, Wall Street Journal, etc.). I'm assuming having a media partner would help us attract corporate partners. Do you agree, Joe? If so, could you provide an example or two?"
Now, I have an opinion on media partners. I wrote back...
Newsletter: How to Create a Partnership Swipe File 🗂 ; Audubon Society, Ranchers Partner to Certify Bird-Friendly Beef 🦉; Red Lobster Takes a Stand on Saving One Special Crustacean 🦞
Readers ask me all the time how I gather and track all the posts I share with you each week. Today, I'm going to share my process so you can create your own swipe file for corporate partnerships, or any other topic you're interested.
Finding Things to Swipe. Most of the things I find for my newsletter I get from 🥁....Yep, you guessed it: other people's newsletters!
I subscribe to around 100 newsletters. I used to subscribe to 200+, but that got way too unmanageable! I paired my list down by asking three key questions…