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TURBOCHARGING RESPONSE THROUGH BEHAVIOURAL SCIENCE MEREDITH NILES – HEAD OF FUNDRAISING INNOVATION @meredithniles 8 October 2014

Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

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Page 1: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

TURBOCHARGING RESPONSE THROUGH BEHAVIOURAL SCIENCE

MEREDITH NILES – HEAD OF FUNDRAISING INNOVATION

@meredithniles

8 October 2014

Page 2: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising
Page 3: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

“It took millions of years for man’s instincts to develop. It will take millions more for them to even vary. It is fashionable to talk about changing man. A communicator must be concerned with unchanging man, with his concerned with unchanging man, with his obsessive drive to survive, to be admired, to succeed, to love, to take care of his own.”

-- Bill Bernbach

Page 4: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

“SYSTEM 1” VS “SYSTEM 2”

Page 5: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

STARTING POINT: THE “LAZY BRAIN”

Page 6: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

STARTING POINT: THE “LAZY BRAIN”

Page 7: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

STARTING POINT: THE “LAZY BRAIN”

Page 8: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

THE LAZY BRAIN

Page 9: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

WHY THIS MATTERS:LOTS OF NOISE!!!

Average Contact by Medium (seconds)

Advert in popular magazine 1.7

Advert in trade journal 3.2Advert in trade journal 3.2

Poster 1.5

Mailing (first relevance check) 2

Banner ad 1

Source: Decoded: The Science Behind Why We Buy

Page 10: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

HEURISTICS

Page 11: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

SOCIAL PROOFMACMILLAN

Page 12: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

BYSTANDER EFFECT

Page 13: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

BYSTANDER EFFECT

Page 14: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

BYSTANDER EFFECTBRITISH RED CROSS

Page 15: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

IDENTIFIABLE VICTIMSAVE THE CHILDREN

Page 16: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

COMMITMENT AND CONSISTENCYFRIENDS OF THE EARTH

Page 17: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

RECIPROCITY

Page 18: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

RECIPROCITYNSPCC LETTER FROM SANTA

Page 19: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

MONEY ILLUSION

We tend to concentrate on the face value of money more so than on what it could purchase

Page 20: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

MONEY ILLUSIONSAVE THE CHILDREN

Page 21: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

SCARCITY VALUE

Page 22: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

READING LIST

“Thinking Fast and Slow” – Daniel Kahneman

“Influence: The Psychology of Persuasion” –Robert Cialdini

“Decoded: The Science Behind Why We Buy” – Phil “Decoded: The Science Behind Why We Buy” – Phil Barden

“Brainfluence: 100 Ways to Persuade and Convince” – Roger Dooley

“Made to Stick” – Chip and Dan Heath

“Predictably Irrational” – Dan Ariely

Page 23: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

TWITTER HANDLES TO FOLLOW

@RobertCialdini

@TheScienceOfUs

@DanAriely

@RogerDooley@RogerDooley

@PhilBarden

@RorySutherland

Page 24: Meredith Niles - Behavioural Economics to Turbocharge your Fundraising

TURBOCHARGING RESPONSE THROUGH BEHAVIOURAL SCIENCE

MEREDITH NILES – HEAD OF FUNDRAISING INNOVATION

@meredithniles

8 October 2014