Thursday, February 5, 2009

Non Profit e-Marketing

In yesterday's radio program I had a great conversation with Allison Van Diest, a senior product marketing manager for Blackbaud (they’re a company that for the past 27 years has created software solutions to support the needs of schools, universities, healthcare, human services, cultural groups, and even faith-based communities). We talked about event registration, email strategies, Web site analytics, online communication strategies, and even fundraising -- and what non profits need to know.

Specifically, online donors are a key growth segment for nonprofit organizations. With the average online donor giving more initially and having a higher lifetime value than conventional donors, the importance of online giving as a revenue stream is growing. In fact, if I heard correctly, the average online donation is $60 for those sites with just a "Donate Here" button. But for those that integrate technology into their broader fundraing communications the average donation skyrockets to more than $120.

What strikes me in today's troubling economic times is that only 6% of non profits say that fundraising is their top driver, and only 36% expect to increase their efforts in this area. With an exptected $11 billion raised in 2008, up from $7 billion in 2007, and the proven micro-donation precedents set by last year's presidential campaigns, this should be a top priority across the board (pun intended).

You can listen to the interview with Allison here.

-- David Kinard, PCM

2 comments:

demony granger said...

good post.....I appreciate yor way of writing that make the blog attractive and make reader to hold longer to your blog.
non profit fundraising

Nate said...

Very interesting... I would have guessed fundraising was the #1 way they raised money.
-Jack @ nonprofit software