The Future of Online Fundraising Whats Now…Whats Next? Matt Frazier, Founder and CEO, Pursuant.

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Presentation transcript:

The Future of Online Fundraising Whats Now…Whats 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

Websites are Passive. is Active.

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

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

Narrative vs. Static

Direct Marketing List 2.Message 3.Creative

The Development Cycle Acquisition Cultivation Solicitation Recognition

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

Direct Address Update

Anatomy of an eSolicitation 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

BEST PRACTICES

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

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

Best Practice #3 – Remember theyre busy Are you busy? When is the best day to send an ? Is there a better time of day to ensure best response?

Campaign Delivery Strategy

Best Practice #4 - Always segment your audience eSolicitations with multiple options, do not perform well When given multiple options, people tend to choose none. Be audience specific Use segmented language Segmented narrators Segmented giving amounts

Flash college 5 Flash college 4 Flash college 6 Flash college 2 Flash college 1 Flash college 3 non lap cur Appeal narrator 1 Appeal narrator 2 Appeal narrator 3 < >50 Past | <30 Giving | Spec | > 50 Giving | <30 Level | Spec | >50 $50 $125 $250 Data specific Basic segments Age segmentation Variable Narrators Custom Giving Forms Affinity group / variable story Multiple / campaign style

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

An Integrated Online Approach

Campaign Micro-site: Direct $$

Rhodes College

PURL Strategy

Results: what should you expect?

Major and Planned Giving

CD-ROM ANIMATED CAMPAIGN STORY STARTOPENFINISHSURVEY

What if you knew everything? Propensity and Interest!

100K50K 40K 20K D 12K C 8K B 4K A 20K

Behavioral Data Wealth Data Consumer Data

Questions