Understanding the psychology behind why companies give can dramatically improve your email outreach efforts. By tapping into these psychological principles, you can craft messages that resonate deeply and inspire action. Let’s dive into the key psychological triggers that drive corporate giving and how to incorporate them into your emails.
1. The Identifiable Victim Effect
Research shows that people are more likely to give when presented with a specific individual’s story rather than general statistics. This is known as the “identifiable victim effect.”
How to use it: Instead of saying, “We help thousands of children,” share a story about one specific child your organization has helped. For example: “Meet Sarah. Thanks to our after-school program, she went from struggling with basic math to winning her school’s science fair.”
2. Social Proof
People (and companies) tend to follow the actions of others, especially when unsure about a decision. This is why testimonials and endorsements are so powerful.
How to use it: Highlight other corporate partners or respected figures who support your cause. For instance: “We’re proud to partner with companies like [Well-known Corporation] and [Another Respected Company] in our mission to [Your Cause].”
3. Reciprocity
People feel obligated to give back when they receive something. This principle can be powerful in nonprofit outreach.
How to use it: Offer something of value in your initial outreach. This could be industry insights, an invitation to an exclusive event, or a helpful resource. For example: “We’ve recently completed a study on [Relevant Topic]. I’d be happy to share the findings with you, as I believe they could be valuable for [Company Name]’s sustainability initiatives.”
4. Loss Aversion
People are more motivated to avoid losses than to acquire gains of equal value. This principle can be applied to corporate giving as well.
How to use it: Frame support in terms of what could be lost without action. For instance: “Without immediate action, we risk losing 50% of our city’s green spaces in the next decade. Your support can help preserve these vital areas for future generations.”
5. Autonomy
People value having choices and control over their decisions. This applies to corporate giving as well.
How to use it: Instead of asking for a specific donation amount, offer a range of ways the company can get involved. For example: “Whether through financial support, volunteer hours, or pro-bono services, there are many ways [Company Name] can make a difference.”
6. The Urgency Principle
People are more likely to take action when they feel a sense of urgency.
How to use it: Create a sense of timeliness in your ask, but be genuine about it. For instance: “Our summer program starts in just six weeks. Your support now would mean we could include 50 more at-risk youth in this life-changing opportunity.”
7. The Bandwagon Effect
People tend to do things because many other people are doing them. This is closely related to social proof but focuses more on trends and movements.
How to use it: Highlight growing trends in corporate social responsibility that align with your cause. For example: “Join the growing movement of tech companies investing in STEM education for underserved communities.”
8. The Commitment and Consistency Principle
Once people commit to something, they’re more likely to follow through and make larger commitments in the future.
How to use it: Start with small, easy-to-say-yes-to requests before moving to larger asks. For instance, you might first invite a company representative to speak at one of your events before asking for financial support.
9. The Liking Principle
People are more likely to say yes to those they like. In a corporate context, this translates to companies being more likely to support organizations they feel a connection with.
How to use it: Find common ground and build rapport. This could be shared values, similar backgrounds, or mutual connections. For example: “Like [Company Name], we believe that every child deserves access to quality education regardless of their zip code.”
10. The Authority Principle
People respect authority and expertise. In the nonprofit world, this translates to showcasing your organization’s credibility and impact.
How to use it: Highlight your organization’s achievements, awards, and endorsements from respected figures or institutions. For instance: “Our innovative approach has been recognized by [Respected Institution], and we’ve been invited to present our findings at [Prestigious Conference].”
11. Putting It All Together
Now that we’ve explored these psychological principles, let’s look at how they might come together in an email:
Subject: [Company Name], join the movement transforming STEM education
Dear [Name],
I hope this email finds you well. I’m reaching out because [Company Name]’s commitment to innovation and diversity in tech aligns perfectly with our mission at [Nonprofit Name].
Did you know that only 21% of STEM professionals are women, and only 3% are women of color? (Urgency Principle)
At [Nonprofit Name], we’re changing these statistics, one student at a time. Let me tell you about Maria. (Identifiable Victim Effect)
Maria joined our program as a shy 14-year-old with little confidence in her abilities. Today, she’s a sophomore at MIT, interning at Google, and mentoring other young girls in coding. (Identifiable Victim Effect + Authority Principle)
We’re proud to partner with forward-thinking companies like [Known Corporation] and [Another Respected Company] in this crucial work. (Social Proof + Bandwagon Effect)
Would you be interested in exploring how [Company Name] could be part of this transformation? We have several ways to get involved, from sponsoring a student to hosting a workshop. (Autonomy)
I’d be happy to share our latest impact report, which details how our corporate partners have benefited from their involvement. (Reciprocity)
Could we schedule a 15-minute call next week to discuss this further? You can choose a time that works for you here: [Calendar Link] (Commitment and Consistency + Autonomy)
Looking forward to the possibility of working together to shape the future of tech.
Best regards,
[Your Name]
P.S. Our summer program starts in just four weeks. Your support now could change a young girl’s life forever. (Urgency)
By incorporating these psychological principles into your emails, you can create messages that resonate on a deeper level, inspiring corporate donors to take action and support your cause.
Remember, the key is to use these principles ethically and authentically. Your goal is not to manipulate, but to effectively communicate the value and impact of supporting your organization.
Ready to transform your email outreach strategy using these psychological principles? Let’s talk! Schedule a free consultation with me, and we’ll discuss how to craft emails that truly resonate with corporate donors and drive results for your cause. Click here to book your session now!