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Why Content Marketing Is the Best Way to Build Your Higher-Ed Brand

In October, the Content Marketing Institute and MarketingProfs released their “2016 B2C Content Marketing Benchmarks, Budgets and Trends” report for North America. In the report, data shows that 76% of corporations have a content marketing strategy and that B2C marketers are allocating 32% of their total marketing budget to content marketing.

Many of the world’s most influential brands—like Kraft, Allstate, and American Express—are focused on connecting with their customers through articles, videos, and photos that tell stories aligned with the brand’s mission and personality, but that may not implicitly sell the product. Coca-Cola, perhaps the world’s best-known brand, recently dove into the world of content marketing by re-launching its company home page as a content hub called Coca-Cola Journey.

 

The Coca-Cola Journey Website

So why is content marketing so important, and what sets it apart from more established marketing channels? Content marketing allows a company to align brand personality with customer personas—much more than can be done in a 30-second ad spot—and can help make the brand likable in the eyes of its target market.

For example, with its iconic imagery and design, Coca-Cola is known all over the world as a fun-loving brand. As such, Coca-Cola uses its website to tell stories about the company that flesh out and showcase its brand personality.

Coca-Cola also uses content marketing to support its expansion into new markets. As the soft drink industry takes a hit because of increased interest in healthy living, Coca-Cola is trying to diversify into other food and beverage products while still benefitting from the Coke brand. As you’ll see below, other goals of Coca-Cola’s content strategy include showcasing its charitable initiatives and connecting with its most loyal followers through exclusive content.

On the Journey site, there are pieces focused on:

Coca-Cola delivers these pieces of content in many forms, including short and long-form articles, photos, and videos.

But content marketing isn’t just about providing a dynamic way for a company to build a brand’s personality; it’s also about giving fans a chance to show what they think of the brand. That’s why Coca-Cola’s site includes a space to upload photos of you and your friends drinking Coke.

The Power of Content Marketing in Higher Ed

For higher-ed institutions, we have similar needs as it relates to building our brands. There are numerous messages we need to convey, especially since each website visitor has a different area of the institution he or she is interested in. Fortunately, we can use content marketing to show the diversity of our offerings, to highlight specific areas of expertise, and to emphasize our mission, faculty research, athletics, and alumni. When done right, content can help paint higher-ed institutions as forward thinking, influential, innovative, global minded, and connected to the local community.

One school that does a particularly good job with content marketing is Michigan State University (MSU). With an in-depth, elegantly designed website called Spartans Will, MSU is able to tell its institution’s story through inspirational words and images.

 

Here are some areas of the school that are highlighted on the site:

While this may seem overwhelming, because of the easy-to-navigate website, a visitor can quickly see all of the articles available without going to a specific departmental page. And everything on the page entices a visitor to click. MSU pairs beautiful images with powerful text like “Work Hard, Dream Big,” “Soar,” “Make Waves,” and “Be Unreasonable.”

Crowdsourcing Content for Your Website

As I mentioned above in the Coca-Cola example, content marketing is also about curating content from constituents themselves. King’s College London recently ran a content marketing campaign that did a great job of encouraging alumni to share their favorite memories of the school. Instead of just running a Twitter campaign, the college created a page called “Memories at King’s” featuring a scrolling timeline in front of an image of campus. The page’s top-notch design encouraged interaction because people want to be a part of something special and unique. If this had been a Twitter or Facebook campaign just asking for alumni to share memories on Twitter, it likely would not have been as successful. 

 

But social media is still a powerful component of content marketing when it comes to sourcing material. This year, the University of South Carolina did a Twitter takeover of their home page after admissions decisions went out; admitted students who tweeted photos of themselves with the letter had a chance to be featured on the home page. This resulted in an exciting story about decision day that engaged new students on multiple platforms while also furthering the university’s brand.

 

Having a great logo, tagline, and integrated marketing plan are all important when it comes to marketing your institution to students and alumni. But being able to tell stories to alumni in diverse, compelling ways is important, too. Content marketing now allows you to be everything to everyone because you can tell in-depth stories on a number of subjects without alienating any members of your constituency base.

Read Tim’s last article for insights on higher-ed brand storytelling… from Star Wars. 

Tim Ponisciak is director of graduate alumni relations at Notre Dame’s Mendoza College of Business. Tim also runs the blog Alumni Catalyst and is passionate about promoting how higher-ed institutions can learn from marketing agencies, advertising agencies, and great brands. Tim loves old movies and board games, and is currently trying to visit all 30 major league ballparks.

Endowment Spending & Growth Calculator

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4. Continue to Steward Donors

Your relationship with the donors who give to your endowment doesn’t end when you secure their gifts. Because your endowment exists to make a difference in the long term, your supporters will want you to keep in touch about its progress. Ongoing stewardship means keeping donors updated about your endowment’s performance and impact. A report that strengthens your relationship with donors should cover:
  • The fund’s balance at the start and end of the year
  • Spending amounts and allocations
  • How the fund’s returns compare to your investment targets
  • A short narrative detailing the specific impacts the endowment achieved
Create a report for each endowment rather than sending an identical document to everyone. A donor who endowed a scholarship wants to hear about the students it supported, while a donor who endowed a building fund wants updates on construction projects.

5. Upgrade Your Endowment Management Tools

Your endowment management tools should make applying your spending policy across every fund easy. Investing in dedicated software is especially useful as your endowment grows. Handling unitization in spreadsheets might work for a few funds, but as you begin to manage dozens or hundreds of gifts, dedicated software can save your team time spent manually calculating gains and losses for each one.

Why Nonprofits Need Dedicated Endowment Management Software

Dedicated endowment software brings accuracy and consistency to every part of the management process, from tracking individual funds to improving security. See how these solutions compare to a spreadsheet-based approach: nfographic table outlining the information below.

How These Methods Compare:

In managing your endowment with traditional spreadsheets, you may see:
  • High administrative burden: Manual entry across disconnected systems
  • Limited security and audit footprints: Reduced version control and audit trail visibility
  • Difficulty with donor transparency: Spreadsheets provide only static data that is difficult to turn into custom results.
By using dedicated software, you are likely to find the following improvements:
  • Lower administrative burden: Automated fund tracking and calculated allocations
  • Enhanced security and audit footprint: Audit-ready reconciliation with clear tracking
  • Greater donor transparency: Connects with reporting platforms
Dedicated endowment management software keeps your organization compliant while freeing up the time your team once spent manually managing spreadsheets.

Secure Your Endowment with Balance by EverTrue

Effective endowment management begins with excellent accounting. Balance by EverTrue handles unitization, applies spending rules, and produces audit-ready reports, so your team can spend more time on the donor relationships that built the fund in the first place.
  • Turn your data into a clear picture of long-term impact. Combine accurate fund accounting with donor reporting that showcases impact.
  • Connect with the tools you already use. Pair Balance with Impact by EverTrue and ODDER by EverTrue to create and deliver compelling digital endowment reports that you can send to donors with ease.
  • Know where every fund stands in real time. Check market values, gift history, and available spending for any fund. Then, share view-only versions with your team, so everyone stays informed.
With Balance, your team can stop spending all your time on manual management and instead add balance to your endowment workflow.

Additional Resources

To learn more about managing your endowment and other ways that technology can help your organization, check out these additional resources: Less stress, higher endowment funds. Discover how Balance provides the organization, security, and accuracy your endowment needs. Request a demo.
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