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

1 comment:

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