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The Future of Online Fundraising What’s Now…What’s Next? Matt Frazier, Founder and CEO, Pursuant. Online Fundraising is NOT about technology!. The Harvard Initiative on Social Enterprise estimates that up to 30% of all donations will be raised online by the Year 2010. % Internet Usage by Age.
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The Future of Online FundraisingWhat’s Now…What’s Next? Matt Frazier, Founder and CEO, Pursuant
The Harvard Initiative on Social Enterpriseestimates that up to 30% of all donationswill be raised online by the Year 2010.
Websites are Passive. Email is Active.
Benefits of Email Targeted Measurable Quick Two-way Viral Cost Effective Preferred
Benefits of Online Channel Larger Gift Sizes Shorter Response Time Shorter Fulfillment Cycle Non-consumable
Direct Marketing 101 1. List 2. Message 3. Creative
The Development Cycle Acquisition Cultivation Solicitation Recognition
NEVER NON SYBUNT 6 SYBUNT 5 SYBUNT 4 LYBUNT 3 LYBUNT 2 LYBUNT 1 DONOR ANNUAL MAJOR PLANNED
Anatomy of an eSolicitation • Email • Pre-loader • Narrative Story • Segmented Appeal • Giving Page 1 – Pledge • Giving Page 2 – Payment • Giving Page 3 – Confirmation • Giving Page 4 – Thank You Page • Confirmation Email
Best Practice #1 - Tell compelling stories “Transparency Builds Intimacy” “The Power of Narrative” Reveal in a Timeline Emotional Connection is Key Frame Value
Best Practice #2 - Get personal “Show me you know me” Database Variables (Name, College, Degree, Class Year, Organization) Variable Narrators Variable Images
Best Practice #3 – Remember they’re busy Are you busy? When is the best day to send an email? Is there a better time of day to ensure best response?
Best Practice #4 - Always segment your audience eSolicitations with multiple options, do not perform wellWhen given multiple options, people tend to choose none. Be audience specific Use segmented language Segmented narrators Segmented giving amounts
Past | <30 Data specific Data specific <30 Giving | <30 $50 Level | 30-50 $125 30-50 Data specific Giving | 30-50 Data specific Spec | >50 >50 Spec | > 50 $250 Data specific Data specific non lap cur Multiple email / campaign style Affinity group / variable story Basicsegments Custom Giving Forms Age segmentation Variable Narrators Flashcollege 1 Appeal narrator 1 Flashcollege 2 Email 1 Flashcollege 3 Appeal narrator 2 Email 2 Flashcollege 4 Email 3 Flashcollege 5 Appeal narrator 3 Flashcollege 6
Best Practice #5 - Remove barriers to giving COMMON BARRIERS: Too many options Third party processors Internet Whiplash Rigid Forms Trust: SSL Security Shopping Carts Registration Requirements
$$ Direct Mail Email @ Campaign Micro-site: http://imaginerhodes.com/
1250 EMAIL ANIMATED CAMPAIGN STORY 1250 50 500 15 CD-ROM 2500 OPEN START FINISH SURVEY
100K 50K 40K 20K 12K 8K 4K 20K A B C D
Behavioral Data Consumer Data Wealth Data