cardcommunications - Expresso/OnTrack Your quick jolt of e-marketing insight
November 2004   
e-Fundraising Case Study:

expresso beanBackground:

Given the realities of aging donors and the need to find new donors, we saw the opportunity to bundle a special e-fundraising package. After some research, we built an offer that addressed known pain points. We then selected a small permission-based list of fundraisers who fit our target audience profile. Ultimately, we wanted to test interest levels in this relatively uncharted territory.


expresso beanApproach:

Marketing 101 - Know your target audience, develop irresistible offers and watch prospects convert to customers. This was our recipe. We developed a Fundraisers Starter Bundle to help e-fundraisers get up & running right away! Our limited time offer was emailed to about 200 prospects. The offer had a great price that included an e-fundraising and list building strategy session, the set-up of an automated email sign-up process and more. The offer also included 10 great reasons to get started with e-fundraising:

  1. Acquire donors through the power of "forward to a friend"
  2. Drive online donations through communications that are one click away
  3. Promote special fundraising events quickly and effectively
  4. Create awareness through branded emails
  5. Organize volunteers without mail delays
  6. Increase sponsorships by increasing awareness of your requirements online
  7. Solicit corporate donors with regular, informative email updates
  8. Increase attendance with timely and immediate e-invitations
  9. Grow donor email lists using our list building strategies
  10. Determine donor preferences completely automated e-surveys


expresso beanOutcome: The first email went out on August 23rd. The results were as follows:  

Date Sent
Sent
Bounces
Opens
Clicks
8/23/2004
197
12.2%
75.7%
16.0%

Overall, we were very excited to see such encouraging numbers. This told us there was a level of respect and trust ("from" names make a huge impact on open rates). It also told us that our subject line was compelling (Top 10 Reasons e-Fundraising Gives You an Edge). We received several emails and phone calls with some questions but not one person said "yes" to our specific offer. However, this interest in other parts of our service offering proved interesting. Some feedback also indicated timing was bad - end of summer holidays can be like that.

We therefore sent out a second email on September 14th, announcing an extension of the offer. We changed the subject line (e-Fundraising Offer Extended) and the results were as follows:

Date Sent
Sent
Bounces
Opens
Clicks
9/14/2004
196
11.7%
68.4%
3.4%

Again, we were encouraged. And again the test was interesting. While not one prospect signed up for our "special offer", we continued to receive emails and phone calls requesting general information and other types of services. One such example is Candlelighters - a not-for-profit volunteer organization that provides comfort and resources to young cancer patients being treated at the Children's Hospital of Eastern Ontario and to those they depend on for strength and support. They wanted help developing an electronic version of their print newsletter. They also wanted to add an automated email sign-up system to their web site. We helped them achieve both.


expresso beanLessons Learned:

Essentially these test emails helped open the lines of communication. As well, we can now confirm that all offers must be tailored to the unique needs of any given organization - it's not a one size fits all scenario.

And we're happy to report that we're now engaged in numerous conversations with many smart fundraising professionals. Helping them break into this exciting e-space in 2005 will be one of our top priorities.

As well, it is important to imagine if this test had it been print only. Yikes! All the insight we gained through open rates and click-throughs would not have been possible. And it's unlikely that a second direct mail piece would have been sent given the low conversions on the first drop. And it was the second email that gave us the most leads.

Yes conversions count but interest levels do too. Clearly we have a list of contacts that are interested in hearing from us and having the lines of communication open. Test. Measure. Refine. That's the ultimate lesson we have learned.

Are you an e-fundraiser looking to maximize online opportunities in 2005? Contact us today! For more on e-fundraising including comments from our own Gary Thomas, read this interesting article in Marketing Magazine.



About cardcommunications:
As an innovative e-marketing outsource solution, cardcommunications helps businesses deepen customer relationships, influence client behaviour, build brand and boost revenue. These benefits are achieved though a wide range of e-marketing programs including e-newsletters, e-promotions, and e-surveys - all built through a combination of permission-based strategies and best practices. Serving local and national clients in government, education, high tech and retail sectors, the reach of cardcommunications is broad.
Services Portfolio Corporate   www.cardcommunications.com