It's all about the list! · • Advertising, branding • Email list growth • Donor leads •...

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Copyright ©2008 Care2, Inc. All Rights Reserved. 2/23/09 It's all about the list! How to grow and culEvate your most valuable online asset ‐ your email list. JusEn Perkins Director of Nonprofit MarkeEng Strategy [email protected]

Transcript of It's all about the list! · • Advertising, branding • Email list growth • Donor leads •...

Page 1: It's all about the list! · • Advertising, branding • Email list growth • Donor leads • Driving traffic to site • Online advocacy • Surveys and research • Education

Copyright©2008Care2,Inc.AllRightsReserved.2/23/09

It'sallaboutthelist!HowtogrowandculEvateyourmostvaluable

onlineasset‐youremaillist.

JusEnPerkinsDirectorofNonprofitMarkeEngStrategy

[email protected]

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WhyBotherRecrui.ngSupportersOnline?

•  Morecharitabledonorsarechoosingtodonateonline

•  Onlinedonorsarevaluable–maybemorevaluablethatofflinedonors–  “MulE‐channel”donorsaremostvaluable

•  Directmail’seffecEvenessisslipping–  Andit’sthreatenedinsomestates,andamongyoungerdonors,and

amongeco‐consciousdonors

•  Towinadvocacyba[lesthatonlybigorgscouldwinbefore•  Successonlinebreedsmoresuccess

–  Groupswithlargeemaillistsareabletoseizemomentsofopportunityintoday’sextremelyshortnewscycle

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What’spossible?BePreparedforKatrina‐likeMoments

• Care2 sent 600,000 email appeals

• Recruited 5000 new donors

• Raised $205,000 for American Humane in 48 hours!

Care2aimstohelpnonprofitsgrowthecapacitytorespondquicklyviaemail,orextendtheirreachinEmesofneed:

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Care2islikeabigmul.‐issuenonprofit

Nonprofits use Care2 for:

•  Advertising, branding •  Email list growth •  Donor leads •  Driving traffic to site •  Online advocacy •  Surveys and research •  Education and outreach

•  Care2 is an online community of 10 MM “do gooders” who care to make a difference

•  Care2 members take specific actions, such as:

•  Volunteering •  Donating •  Spreading news •  Signing petitions •  Making pledges •  Starting groups •  Joining nonprofits

Page 5: It's all about the list! · • Advertising, branding • Email list growth • Donor leads • Driving traffic to site • Online advocacy • Surveys and research • Education

HowDoSuccessfulNonprofitsConvertPeopleIntoSupporters?

Page 6: It's all about the list! · • Advertising, branding • Email list growth • Donor leads • Driving traffic to site • Online advocacy • Surveys and research • Education

…Bychoosingtherighttoolfortherightpurpose

SalesCycle

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RulesofThumbforNonprofitList‐growth1.  Viralisamyth(usually)

2.  Yougetwhatyoupayfor3.  Alwaysgettransparent,costperleadpricingifyoucan4.  Mostnonprofitonlinefundraisingiscreatedthrough

email5.  Thegroupswiththelargestemaillistscancapitalize

quicklyoncrisesorEmelywindowsofopportunityifprepared

6.  GuerillamarkeEngandsocialnetworksarenotfree–takesLOTSofEmetodowell

7.  YourlistwillgrowinproporEontohowinteresEngandengagingyourmessagingandstoriesare!

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Your“List”

Mobilephonelist

Socialmedia“friends”

DirectMaillist

Emaillist

Phonelist

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Op.onsforEmailList‐growth

PaidAdver.sing

1.  CostPerAcquisiEon(CPA)/CostPerLead(CPL)2.  “Shepherded”or“Chaperoned”Emails(CPM)3.  Banner/DisplayAds(CPM,CPC,CPA)

4.  PayPerClick(PPC)&SearchEngineMarkeEng(SEM)–GoogleGrants

5.  Co‐registraEonDoitYourself…

1.  GuerillamarkeEng(socialmedia,earnedmedia,etc)

Page 10: It's all about the list! · • Advertising, branding • Email list growth • Donor leads • Driving traffic to site • Online advocacy • Surveys and research • Education

#1Tip:–CollectOpt‐InsFront&CenterOxfamAmerica

collectsemailsignups,oneverypageoftheirwebsite…

…and at Coldplay concerts

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#2Tip:–SendRegularEmails

Thenonprofitswiththehighestonlinedona.onsinthecountrysendabout4emailsamonthtoeachsubscriberincluding:

1.  Amonthlynewsle\er2.  Amonthlyac.onalert(notafundraisingappeal)

3.  AMonthlyorQuarterlyFundraisingappeal

4.  Anemailwheneversomethinginteres.nghappens–fundraisingworksbestwhenyouhaveanurgencyandcontextforraisingmoney

5.  Bepersonalandspecific(seeAppendixformoreonemailcul.va.ontac.cs)

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What’spossible?SaveDarfur:10Daysto$415,000(hint:itwasn’tthroughFacebook)

Power of Email vs. Social Networks • In June of 2007, M&R Strategic Services helped Save Darfur raise $415,000 via a 3 email series to about 1 Million supporters in 10 Days

• Over 1 year on Facebook Causes, Save Darfur raised $28,000 from nearly 1 million “friends”… ~ that’s about 3 cents per friend

• Very few cases of replicable, profitable campaigns on Social Networks when investing staff time (or arguably volunteer time)

• Nonprofits raised $3 Million on Facebook Causes in 2008, but at an estimated cost of $300 Million to sector

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#3Tip:–Ifyou’regoingtousesocialnetworks…

…andyou’reasmall,localorganiza.on,focusonastrategytobuildasocialnetworkandemaillistwithseveral1000peopletopromotelocalevents,andaskpeopletosignupforemailalertsattheevents.Addthosepeopletoyouremaillist,uploadthemtoyourSocialNetworkProfile,andrepeat.

You’llbeabletoraisemoremoneyfrompeopleinpersonataliveeventthanyouwillfromthesocialnetworktools!

Partnerwithlocalbusinessesandbandstoreachouttotheirnetworksforpromo.on.Bothorganiza.onswillbenefit.

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ThinkLikeaRockband!

• Alwaysbuildyourlist• Bescrappy• Leveragetheworkofvolunteerswhocareaboutyourissue!• Thevalueofavolunteerhourisworthabout$18!!• Putyourfansfirstandempowerpeopletospreadthewordforyou

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Copyright©2008Care2,Inc.Allrightsreserved2/23/0915

BuyingA\en.on•  Look before you leap!

•  Goal. What are you trying to achieve? By when? •  Audience. Who are you trying to reach? •  Traffic. What kind of volume are you looking for? •  Rates. What is the net cost per name and does the media

site guarantee performance-based terms? How much does it cost to create the ads on top of placing the media buy?

•  Resources. How much staff time needed? Can your staff create good ads? How are you going to track campaign performance? Is your website equipped to convert traffic to subscribers or donors?

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PPC&SEM•  PPC=PayPerClickusuallyreferstoGoogleAdwordsandtheequivalentonYahoo

andMSN

•  SEM=SearchEngineMarkeEng(payingforsearchengineads)•  NetCostperName~$.75‐$100+(clickdoesn’t=name!!)

PROs: • Can be great, high quality response due to targeting • Less risky than CPM - you only pay for clicks, not impressions • Can sometimes work for direct response to fundraising or event promotion if context is ripe • Can see good ROI over time if done well • Google Grants are “free” for nonprofits

CONs: • Learning curve for SEM is steep • Risk is still high – nonprofit must have excellent landing page and keywords to convert well • Difficult to implement and track – very complex to do well • Requires lots of staff time and expertise or experienced consultants • Net result is expensive • Volume can be limited for nonprofits unless during crisis or major news event

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  Defenders spent ~ $277K over a 1-year period (10/07 - 9/08)

  Three staffers worked a combined 5 hrs / week (average)

  RESULTS: 5K new donors and $205K in donations (though only half gave email address). So ROI was still negative after first year.

  BUT: What made this worthwhile was that the $277K cash investment was made using a “Google grant” (free money!).

What’s Possible?

Defenders of Wildlife & Google Grants

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WhatMakesSocialNetworkMarke.ngWorkonaNa.onalScale?

AHUGELIST+

MEDIAEXPOSURE+

LOTSOFSTAFFTIME(or$$)+

ANEXPERTGRASSROOTSORGANIZER+

TECHNICALSAVVY&CAPACITY+

LUCKYTIMING+

NEWSWORTHYSTORIES!

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Budget,List‐GrowthRate,ListQuality

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Low Quality

High Quality

Slow Growth (<1k/month)

Rapid Growth (>8k/month)

Organic – People Searching for your website ($)

Large Targeted Community ($-$$)

Viral Campaigns (priceless)

General Portal ($-$$$)

Canvassing/ Events ($$)

Co-reg ($-$$$)

Targeted List Swaps ($)

Guerilla Marketing ($$ - $$$)

CPM Advertising ($$$)

SEM ($-$$$)

Small Niche Community ($-$$)

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© Care2, Inc. p. 20

NonprofitMarke.ngBlog,Newsle\er&Care2Info

Jus.nPerkinsDirectorNonprofitStrategy

(303)475‐[email protected]

LinkedIn:h\p://www.linkedin.com/in/jus.ncperkinstwi\er:@elperko