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The Future of Online Fundraising What’s Now…What’s Next? Matt Frazier, Founder and CEO, Pursuant

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 Fundraising What’s Now…What’s Next? Matt Frazier, Founder and CEO, Pursuant

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  1. The Future of Online FundraisingWhat’s Now…What’s Next? Matt Frazier, Founder and CEO, Pursuant

  2. Online Fundraising is NOTabout technology!

  3. The Harvard Initiative on Social Enterpriseestimates that up to 30% of all donationswill be raised online by the Year 2010.

  4. % Internet Usage by Age

  5. Email

  6. Websites are Passive. Email is Active.

  7. Benefits of Email Targeted Measurable Quick Two-way Viral Cost Effective Preferred

  8. Benefits of Online Channel Larger Gift Sizes Shorter Response Time Shorter Fulfillment Cycle Non-consumable

  9. Narrative vs. Static

  10. Direct Marketing 101 1. List 2. Message 3. Creative

  11. The Development Cycle Acquisition Cultivation Solicitation Recognition

  12. NEVER NON SYBUNT 6 SYBUNT 5 SYBUNT 4 LYBUNT 3 LYBUNT 2 LYBUNT 1 DONOR ANNUAL MAJOR PLANNED

  13. Direct Address Update

  14. 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

  15. BEST PRACTICES

  16. Best Practice #1 - Tell compelling stories “Transparency Builds Intimacy” “The Power of Narrative” Reveal in a Timeline Emotional Connection is Key Frame Value

  17. Best Practice #2 - Get personal “Show me you know me” Database Variables (Name, College, Degree, Class Year, Organization) Variable Narrators Variable Images

  18. 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?

  19. Campaign Delivery Strategy

  20. 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

  21. 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

  22. 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

  23. An Integrated Online Approach

  24. $$ Direct Mail Email @ Campaign Micro-site: http://imaginerhodes.com/

  25. Rhodes College

  26. Rhodes College

  27. PURL Strategy

  28. PURL Strategy

  29. PURL Strategy

  30. PURL Strategy

  31. Results: what should you expect?

  32. Major and Planned Giving

  33. 1250 EMAIL ANIMATED CAMPAIGN STORY 1250 50 500 15 CD-ROM 2500 OPEN START FINISH SURVEY

  34. What if you knew everything?Propensity and Interest!

  35. 100K 50K 40K 20K 12K 8K 4K 20K A B C D

  36. Behavioral Data Consumer Data Wealth Data

  37. Questions

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