Monthly Giving Talk at the 2015 Blackbaud Conference

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Play It Again, Sam Monthly Giving Programs for sustaining donations “As Time Goes By” PRESENTED BY JEANNE HORNE, SHARE OUR STRENGTH WENDY MARINACCIO HUSMAN, MAL WARWICK|DONORDIGITAL

Transcript of Monthly Giving Talk at the 2015 Blackbaud Conference

Play It Again, Sam Monthly Giving Programs for sustaining donations “As Time Goes By” PRESENTED BY JEANNE HORNE, SHARE OUR STRENGTH WENDY MARINACCIO HUSMAN, MAL WARWICK|DONORDIGITAL

Here’s lookin’ at you, kid

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‘As Time Goes By,’ monthly donors rule with

#NoKidHungry #Donordigital. Here’s looking at you, #BBCon.

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Share Our Strength

Jeanne Horne Senior Manager, Digital Communications Share Our Strength

P  No Kid Hungry is ending childhood hunger in America

P Feeding kids where they live, learn and play

P Engaging the public to make child hunger a national priority

Donordigital

Wendy Marinaccio Husman Senior Account Executive Donordigital

P  Integrated, multi-channel strategy

P High-level and granular analysis

P Full copywriting and design creative service

P Production and management services

Why Monthly Giving Rules!

•  Revenue you can count on •  Increase donor lifetime value •  No need to renew •  Planned giving prospect pool •  Donor preference: “set it & forget it”

Monthly Giving

Components of A Program

•  Recruitment •  Upgrades •  Re-engagement

•  Retention •  Tracking •  Testing

Recruitment

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Organic monthly gifts

Website Promotion

Monthly giving upsell lightbox

Monthly giving upsell lightbox

Monthly giving upsell lightbox

New Donor Welcome Series

Sustainer “BLITZ” campaign

Components: Goal, deadline & thermometer Email series Direct mail piece Tele-funding Integrated emails Online advertising/paid search Home page lightbox

Donation form testing Upsell lightbox E-Miles donor acquisition Premium/incentive Segmentation with targeted asks: Join, renew, upgrade Segment versioning for ask string

Online Advertising Campaign

Appeal Emails

In the mail Current donors

•  Mailed appeal – on the response form (organic) •  Mailed appeal – dedicated sustainer ask •  Monthly newsletter bangtail •  Welcome package to new donors

Telefunding

•  Phones are the #1 offline recruitment channel

•  Target audiences •  Get people on the phone as soon as they

make a gift; convert right away •  Donors HPC $25-99 with 2+ gifts

•  Email in support of the ask

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New Monthly Donations

Upgrades

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3 Rules of Asking for More

Just follow the rules: 1.  Use specific upgrade amount 2.  Process to avoid duplicating monthly gift 3.  Get the data right

Retention

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Retention

•  Stewardship •  Acknowledgement & receipts •  Donor benefits •  Talk to sustainers like you know them •  Segment/suppress correctly

•  Stop loss •  Keep credit cards current •  Telefunding

Acknowledgements & Benefits

Stop-loss

•  Credit card expiration •  Donor services number easily accessible •  Staff member check for expired cards •  Triggered email series for upcoming expirations •  Website forms •  Mail •  Phone

•  Other card issues •  Similar strategies for lost/stolen or reissued cards

Donor services

Re-engage lapsed donors

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We want you back

•  Re-join attempts •  Triggered email series •  Annual receipt with lapsed member postcard •  Phone calls •  Track re-acquired donors

•  Back in the regular communications flow •  Conditionalize content •  Online ads targeted to lapsed sustainers

Triggered email series

Metrics & tracking

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Metrics to Track

•  Total revenue by campaign, month and year over year

•  Break out monthly from single gifts •  New monthly donors •  Upgraded donors •  Avg. gift amounts •  Avg. duration (months) on file •  Source of gifts

Test, test, test

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Monthly Donation Page

Dedicated form testing

Before & After

Use our calculator when testing

•  Ensure your tests have a statistically significant response

•  90% confidence indicates a 10% chance the result is not significant; best to be at 95%+

•  http://malwarwick.com/response-significance-calculator/

Monthly Sustainer Revenue Growth Over Time

$10,000

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Take-aways for large programs

•  Spend as much time on retention and stop-loss as on recruitment

•  Ask monthly donors to upgrade •  Integrate monthly asks across channels •  Treat your monthly donors like you know them

Take-aways for small programs

•  Improve best practices throughout your fundraising

•  Create a dedicated monthly giving donation form •  Ensure processes/staff resources are in place •  Keep a long view

Questions?

Wendy Marinaccio Husman Jeanne Horne [email protected] [email protected] (510) 473-0366 (202) 649-4341 www.donordigital.com www.nokidhungry.org @donordigital @nokidhungry @wendymarinaccio

We’ll always have Austin, TX…

…but you can call us anytime!