Monthly Giving Talk at the 2015 Blackbaud Conference
-
Upload
wendy-marinaccio -
Category
Government & Nonprofit
-
view
2.341 -
download
0
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
‘As Time Goes By,’ monthly donors rule with
#NoKidHungry #Donordigital. Here’s looking at you, #BBCon.
3 #bbcon
Tweet this now
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”
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
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
0
50
100
150
200
250
300
350
400
1000
1200
1400
1600
1800
2000
2200
2400
2600
2800
Monthly Gi3s New Monthly Gi3s
New Monthly Donations
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
• Stewardship • Acknowledgement & receipts • Donor benefits • Talk to sustainers like you know them • Segment/suppress correctly
• Stop loss • Keep credit cards current • Telefunding
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
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
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
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
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15
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
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!