Posts tagged cross-channel marketing

Quit Making Up Response Rates – Measure the Right Way or Not at All

160910502 250x166 Quit Making Up Response Rates   Measure the Right Way or Not at All Figuring out how well people are responding to your marketing campaigns is vital if you expect to see a positive return on investment from what you spend on advertising. Too many people create large advertising initiatives, involving different types of media, without having the infrastructure to accurately measure the response rates of cross-media marketing campaigns. When you are able to track what is working and what is not working, you can route your marketing dollars towards what you have had verifiable success with in the past.

Each marketing channel has its own unique challenges which you need to be aware of and have a plan detailing how you are going to get a potential customer to visit your website, make a purchase, request more information, attend a webinar, or setup an appointment.

Direct Mail Marketing

Setting up a direct mailing campaign will get your message in front of your target audience. Generally, you will need to have a special website specifically for direct mailing recipients, or sub-page of your current website which is featured prominently on the card/letter. When someone visits that specific link, you will have your first bit of information to work with.

Every visit you get is from someone looking at what was mailed to them, then actually going to your site. While this is a good start, you still need to convert that visitor. This is where knowing the response rates of cross-media marketing campaigns is crucial since putting something in their mailbox has a cost. Your visitor needs to have their own unique way of making a purchase or generating a lead, distinguishable from any of the other methods you are promoting. If this is for a website, a separate order form should be available for these visitors to use from the link advertised on the mailing material.

Email Marketing

A successful email marketing campaign may look similar to a good direct mail marketing campaign. Getting a good “open” rate is a great metric to keep track of since an unopened email will never result in a sale. Once the customer opens it though they need to be convinced to click a link taking them to your site which identifies them as having come through an email. After they have gotten to your site and they decide they want to buy, they should still be tracked as an email user. They should also be tracked as to how they were first introduced to your organization.

Digital Campaign Marketing

Tracking visitors in a digital campaign is relatively easy since you can specify what link you want a visitor to go to once they click your ad. The important metric here is your (clicks:impressions) rate. If you are paying by the impression, you want as many clicks as you can get. If you are paying by the click, you want to make sure that your ad copy spells out extremely clearly what a visitor should expect on your site. The companies you purchase these ads from will generally keep track of these rates for you, all you need to do is get the visitor to a checkout page or lead generation form that is only easily accessible by clicking one of these ads online, as opposed to your generic checkout page.

Taking all of these metrics together will give you an accurate picture of the response rates of cross-media marketing campaigns, and show you where you should be targeting more heavily in the future.

Stick to Direct Marketing Principles and Increase your R.O.I.

146899919 250x314 Stick to Direct Marketing Principles and Increase your R.O.I.Profitability Isn’t a Guessing Game

Its vital that you have a certainty in numbers through response rates and return on investment estimations when investing in a marketing strategy. You cannot calculate response rates by using the internet to send out SPAM, create advertisements, or create hash tags on Twitter. Sure, these methods of indirect marketing work, but there’s really no way to tell how well they actually drive revenue.

When you have the correct percentages on how well a particular form of direct marketing actually works through response rates of cross-media marketing campaigns, then you will know who to target, and who not to target. Why waste money and time sending out fliers and catalogs to those who will never purchase anything from you.

Time is Money

Time is money, and there may be some really cheap or even free forms of advertising available, but even that is wasting you money if it’s not reaching the right people. When you have lists of who to target, you’ll be more confident in sending out and receiving various forms of direct marketing.

You must communicate directly to the consumer and engage them emotionally. If you aren’t giving them a good reason to donate to your non-profit organization, or if they don’t ‘feel’ like they are getting something out of switching from another company to yours, then you have wasted your time as well as theirs.

Types of Direct Marketing

Let’s review those direct marketing principles that can be measured in order to receive an abundance of response rates of cross-media marketing campaigns:

  • Cell Phone Text Messaging – This type isn’t as ‘direct’, but you will be able to calculate your return on investment because of who uses the promotion or coupon when they tell you they are using the coupon from their cell phone.
  • E-Mail - Generating e-mail lists is simple with a great web site. When you know how many e-mail addresses you are targeting, then you will know who is buying and who isn’t.
  • Fliers – small fliers that have specific information listed on them that is personalized to each individual and sent to their homes is more powerful than general fliers that are sent out to everyone in a particular community or city.
  • Catalog Distribution – Once again, with catalogs, you are sending them out to those target customers, and if they order, you can calculate the percentage of people that are purchasing versus those who aren’t.
  • Personalized URL’s - Normally we wouldn’t admonish our clients to use personalized URL’s, but they are obtaining momentum and can be used as a direct marketing tool. Using a potential clients name as a response channel on a direct mail piece that takes them to a specific landing page will create curiosity and cause them to click on it because they see their names.

Everyone has a preference when it comes to purchasing materials and services. Colleges send out a variety of advertisements, but they can easily cut costs by using our tried and true methods of calculating response rates of cross-media marketing campaigns. Some students will never pay attention to mail they receive, but they just might be wiling to open it if it’s a simple flier or a promotional letter.

A direct advertising campaign that is executed correctly with a concise call to action can guarantee a positive return on investment. Why invest in indirect marketing whether it’s the time you spend on Facebook or Twitter, or the money you spend on hiring someone to do it for you? Only invest in those techniques that provide a serious return on your investment.

How to Use Direct Mail to Kick Emails Butt

1223972861 250x235 How to Use Direct Mail to Kick Emails ButtFor years, companies have been capitalizing on the power of print advertising to attract customers in cross-media marketing campaigns. Cross-media marketing helps companies take advantage of the variety of different media formats that are available for modern advertising: of these media components, print media is supreme in many regards. Although email marketing is popular today, there are key areas where print mail is still much more effective at helping a company increase response rates of cross-media marketing campaigns.

Improved Response Rate And More Competitive Costs

Because print media provides a physical piece of advertising that buyers can hold in their hands, it enjoys a better rate of response than email. According to a study conducted by the Direct Marketing Association, direct mail campaigns to existing customers have a response rate of 3.4%. Similar email campaigns had a response rate of only 0.12%.

In the same study, the DMA showed that printed media also had a better cost per lead or order. Print mail campaigns had a cost of $51.40, while e-mail campaigns had a cost of $55.24 for each lead. This is especially important for businesses that have a set budget for their cross-media campaign and want to ensure that they stay inside of this budget, an issue that is paramount in the minds of today’s business professionals that want to raise response rates of cross-media marketing campaigns while keeping costs down in a struggling economy.

Advantages In B2C Marketing

For B2C marketing, an arena in which many organizations both small and large operate in, print media has many advantages over email marketing. According to a survey performed by Target Marketing, 34% of direct response marketers reported that printed mail campaigns delivered the best ROI in terms of customer acquisition, compared to email, which was selected by just 25% of those marketers as being best for B2C. This is in part because of the ability to personalize printed media through handwritten notes or signatures, something that email cannot do.

Printed media is also effective to improve response rates of cross-media marketing campaigns because of how many people still rely on printed materials mailed to them to either decide where they will go for a purchase or actually make the purchase. Integris marketing cites a study by the U.S. Post Office, which reports that 80% of consumers view and/or read their direct mail, and 50% of households have ordered products from catalogs. Conversely, many people have spam filters that keep out marketing emails, or simply do not even bother opening these types of digital messages and just move them right to the trash.

More Resonance Among The Highest Earners

Even for companies that do not market B2C, they are often targeting a specific business owner or high level executive for B2B media marketing campaigns. For these top-earning Americans, print media is extremely important. Adage.com reports that 93% of this population read hard copy magazines, while less than 30% read them online. Similar statistics were shown for the reading of newspapers. This means that if you are targeting wealthy business owners or financial officers, you are more likely to increase response rates of cross-media marketing campaigns using print media than digital media.

Sales professionals and business owners have numerous options when it comes to pursuing new business through media. Despite its age, print media remains a hugely vital aspect of any advertising effort. Use print media wisely in tandem with other media elements today so that you can grow your sales by improving the response rates of cross-media marketing campaigns.

 

Get Your Message Across the Right Way – Print that Makes Sense

166578139 250x182 Get Your Message Across the Right Way   Print that Makes SenseYou may be questioning your general approach to your print marketing campaigns in light of the fact that there are so many new ways consumers are being bombarded with information. Response rates of cross-media marketing campaigns are proving cross-media is not only successful but measurable meaning you can benefit from print in a traditional way by adding the benefits of personalized marketing in less traditional ways.
Personalized marketing campaigns are seeing solid results compared to standard, flat or static campaigns. Response of cross-media marketing campaigns are successful as they combine online and offline marketing. This allows you to use an initial small response rate to eventually drive a higher response.
By speaking to your audience numerous times in numerous ways allows you to maintain contact and remain top of mind. You are using repetition in a more innocuous way because the consumer is not being hit over the head with the exact same method. Cross-media marketing offers a constant reminder using direct marketing to invite the consumer to visit your website with a personalized URL that leads them to personalized information and messaging tailored directly to them.
This is far more valuable than a general message that may or may not apply to them. A personalized survey can then collect information that is saved in a general customer data base that alerts your sales team via email that a potential client is on the radar screen. They then have a legitimate reason to contact the lead with good background to get things started. At the same time, the information is tracked and stored for future CRM use in your system.
Response rates of cross-media marketing campaigns continue to show solid results. An analysis done by MindFireInc of 1,856 cross media campaigns in 30 cross vertical markets showed that an average visit rate of 6.5 percent and an average response rate of 4.5 percent. Results for some markets included:

  • Education: 3.3 percent visit rate and a 2.1 percent response rate
  • Non-profit: 5.3 percent visit rate and 3.5 percent response rate
  • Financial: 4.6 percent  visit rate and 3.1 percent response rate
  • Insurance: 5.6 percent vist rate and 3.6 percent response rate
  • Arts, Media and Entertainment: 7.3 percent visit rate and  5.9 response rate

As you can see despite the varying vertical markets the response rates of cross-marketing media show solid results. The visit rate also demonstrates the opportunity to collect information for future CRM campaigns.
Marketing firm Epsilon Targeting found that 6 out of 10 Americans preferred to get information via direct mail. Response rates of cross-media marketing campaigns demonstrate success and direct mail plays a role. The findings of Epsilon detailed that regardless of preference through email or post, the reason people enjoyed either was due to the ability to refer back to the info when convenient. However, of those citing this reason 73 percent were pro postal versus 45 percent for email. This means that direct mail as an initial contact will impact the response rates of cross-media marketing campaigns in a positive manner. Further proof of this was reflected in these findings:

  • 62 percent enjoy checking their mail box for mail
  • 59 percent enjoy getting mail about new services and products
  • 73 percent found they were getting email they never open
  • 67 percent said they get too many emails each day

Cross-media marketing campaigns are making marked progress in customer response compared to traditional means. Cross-media marketing also allows you to use the response rates of cross-marketing media as a way of saving money for future print campaigns by allowing you to focus only on those with proven interest.

 

Direct Mail is on the Skids – Or is it?

1588029641 250x250 Direct Mail is on the Skids   Or is it? The Response Rates of Cross-Media Marketing Campaigns still support the need for “hybrid marketing”, better known as cross-media marketing techniques. Digital media and direct mail actually complement each other, and because of this fact, there will continue to exist a strong need for direct mail marketing in the indefinite future.

The integration of print and digital media is still generating leads at a superior ROI and, particularly in some specific types of organizations, this will continue to form a reliable part of marketing strategies. Not only that, but tying the two channels of direct and digital marketing together can form a powerful vehicle for improving a companies client base. At the moment, this combination is essential for laying the foundation for mobile and video communication-based campaigns in not a few industries.  Response Rates of Cross-Media Marketing Campaigns depend largely on how intelligently direct mail is integrated into existing strategies. Used insightfully, direct mail is a reliable tool for boosting response rates and setting the foundation for long-term client commitment.

Response Rates of Cross-Media Campaigns in cases where direct mail marketing is used, are influenced by  two major factors: which types of businesses use them (which is a very flexible determinant) and/or how they are used to complement existing inbound marketing strategies. Banks, universities and colleges, casinos, insurance companies are the organizations benefiting from and will continue to benefit from direct mail marketing because they are able to continue increasing their client base at a cheaper and more effective rate through personalized marketing techniques than static ones.

There are neurological reasons for this. Research conducted at Bangor University  shows that physical media effects human memory differently as it creates a more profound emotional response. This in turn, will hypothetically cause for more positive brand-associations – something of particular importance where the above-mentioned  industries are concerned. Since clients are often being asked to entrust large sums of money with them, trust is of a premium.

As to understanding the more pertinent question: whether or not cross-media is more useful for generating more leads,  the research that has been singularly helpful in understanding the various Response Rates of Cross-Media Marketing Campaigns are as follows:

  • Reports from the DMA (Direct marketing Association)
  • The PODi report (carried out by the Digital Printing Initiative.)
  • The CMO (Chief Marketing Officer’s council) report.
  • A collection of other reports stored in the MindFire Inc database.

What these reports have indicated is that personalized marketing techniques have a vital place for marketers, while static campaigns (those allowing for no flexible integration between direct marketing and digital platforms) are simply not as effective in terms of  ROI performance.

The conclusion then, should be clear: the shift towards increasing digital marketing has not changed the need for direct-mail marketing. In fact, direct mail marketing is still pivotal as a launching pad for digital marketing campaigns, and will continue to be so in future.

 

Catalogs 2.0: Meaner, Leaner and Incredibly Manipulative

Crazy mail Catalogs 2.0: Meaner, Leaner and Incredibly ManipulativeBefore the new millennium catalogs contained info products and pictures to spend the weekend looking through, dog-earing and talking about with your neighbors.

You could read ample descriptions about each item and then call an 800 number to chat with a never-rushed customer service rep to get all your questions answered before she gently walked you through the order taking process of collecting your item numbers, colors and quantities.

It was an expensive and time consuming process that worked great in the day.

Flash forward to today. Rather than becoming extinct, like some people wagered with the advent of the Internet and digital catalogs, print catalogs have proven the power of pictures and touch by remaining an unbeatable means to get consumers to place orders online.

Print catalogs influence twice as many consumers as both Pinterest and Twitter for both in-store and online purchases, according to Baynote’s 3rd Annual Holiday Online Shopping Survey.

Print catalogs influenced 81.9% more in-store purchases and 42.9% more online purchases than Facebook, according to Baynote’s survey.

Ecommerce Causes Catalogs to Change with the Times

The Internet, iPads, and smart phones changed everything for catalogs. They became skinnier, more targeted and with just as many coders as call center people on staff as they shift from clicking through a transaction replaced being talked through an order.

Catalogs today allow us to shop around the clock without ever speaking with a customer service representative. The Internet has empowered us to gather information and place a transaction with complete freedom and ease. And while this may appear to be to our advantage as a shopper, it’s actually all well planned (and manipulated) by the catalog’s marketing team. They’ve spent months, perhaps years, laying a digital trail they want you to follow and they know every spinoff route you may take and are waiting for you there, too, with more incentives and reasons to buy from them now.

This lean and mean sales trail they’ve sent you down reminds me of the sales model “traps” builders assemble. You know the ones where you pull up to a new subdivision to view model homes and after you sign in you are sent to see three model homes that are conveniently gated off forcing you to go through them in the order they want you to and you end up right back in the sales office for the Realtor’s pitch?

So even though you think you’re free to roam, each page you open or link you click has been finely orchestrated to help you come one step closely to typing in your credit card number and all these is done online without the need for physical sales people on salaries or more call center staff taking up physical space or cost.

How Catalogs Have Changed and Adapted

Like any business, catalogs have changed with the times to survive. Here are the biggest changes direct mail catalogs have made.

Less Pages. Can you imagine the cost of mailing the size of the former Montgomery Ward catalog to one million addresses? Nor could any cataloger thus the reason J.C. Penney went from an annual large catalog to a monthly Look Book and why IKEA first points new customers to its digital catalog before adding them on its print catalog mailer. Catalogers have learned how to shave cost by printing and mailing less or more targeted catalogs to customers who are prone to order the most.  They’ve fine-tuned the formula of mailing less bulk and generating more bucks.

Less Copy. Mail order catalog copy has shrunk because you can read a 50-word description and go online for a complete whitepaper or brochure or call a sales rep to get your questions answered. Plus you can see better images, often in 3D that eliminated the needs for wordy descriptions when you can see the product at every angle and in every color with the click of a button.

More interactive. There are more interactivity points — landing pages, ecommerce portals, macro, micro and review sites — all before calling the 800# (that is if you ever choose to speak with a person).

Augmented Reality. Moosejaw Mountaineering released an app, called X-Ray, for its customers to use with their smart phones upon the receipt of its catalog. The app used augmented reality that allowed customers to see a hidden layer of images in the pages of the catalog. Customers that scanned catalog pages saw the underwear the models were wearing underneath the Moosejaw outerwear.

Moosejaw’s app showed new technology and extended sales to the company’s underwear line.

SOURCE:“Catalogs Find a New Role as Ecommerce Traffic Drivers,” Multichannel Merchant, May 2013.

Triggered Mailings. Catalogers and ecommerce merchants now have the technology and customer data to mail when a potential sale looms such as birthdays, anniversaries, graduations, or when a new home is purchased. Even the five largest catalogers, Sears & Roebuck, Montgomery Ward, Spiegel, J.C. Penney and Alden’s, didn’t have personal data scrubbed, ready and cued up in CRM systems in the 70s to mail triggered mailings. Technology allows this today and triggered mailings can drive open rates into the double digits and response rates over 50%.

SOURCE:“Increase Open Rates & ROI with Deliverability Analysis, Frequency & Triggers,” Lyris HQ.

Is your company driving sales to its products through direct mail, catalogs, or multichannel campaigns? Are you using all the tools and technology to stay far ahead of the competition and forecasted changes coming in our digital world?

Triggered Orders. Catalogers can count on the phone ringing as soon as they drop their printed catalogs at the post office. According to a study, 58% of the 817 consumers surveyed said they look at catalogs as soon as they are received, with 92% indicating they have made a purchase from the catalogs.

SOURCE:“Catalogs Find a New Role as Ecommerce Traffic Drivers,” Multichannel Merchant, May 2013.

Two-thirds of the survey’s respondents also said that if catalogs were to become too expensive for the catalog companies to continue producing that they would still request them.

Don’t let the pain of changing keep you from your digital rewards. Offline messages delivered through mediums such as catalogs continue to drive online actions. In fact 67% of online actions are stimulated by offline messages.

SOURCE:iProspect Study

Why Marketing Artists and Marketing Scientists Need One Another

v. man 250x250 Why Marketing Artists and Marketing Scientists Need One Another

Mark McGuinness of Lateral Action guest posted a terrific blog at Copyblogger: Are You a Marketing Artist or Scientist? In it he describes two distinct tribes that most marketers fall into (1) the right-brain types that like to create and find inspiration in coffee shops journaling and brainstorming about their next blog, podcast, video or creation or (2) the left-brain types that are most on fire when they get to use gadgets to crunch numbers, run split tests or compare data sets.

McGuinness explains it matters not which camp you fall into. What matters is that both camps work closely together to achieve optimum marketing outcomes for your organization. While ethereal writers can create magnetic content in itself it isn’t marketing until the scientists optimize it to be found and shared on the web.

And while marketing scientists are terrific at setting up variable data projects,analysis models and optimizing content to be keyword and SEO rich and for capturing names and IP addresses via landing pages and micro sites, they aren’t good at creating copy or content that screams read me, share me, and use me to make your buying decision right now!

You Need Both Disciplines to Succeed

McGuinness goes on to say that while at one time you could succeed with just killer content or killer PPC, now you need a mixture of the art and science to succeed. Dave Reibstein, co-author of Marketing Metrics, agrees.

Read Reibstein’s full excerpt here about blending the art and science of marketing.

Allen Weiner of Gartner for Marketing Leaders shares three companies that he feels is blending the art and science of content marketing marvelously well. In his blog post, Understanding the Art and Science of Content Marketing, Weiner gives the thumbs up to Home Depot, Nike’s Better World micro-site and The Waffle Shop.

He says all three think like publishers in blending their content with proper workflow and outcomes. Home Depot succeeded by driving 29 million DIY-ers to a YouTube video on the forgotten art of whiskey barrel making. Many showed up in the store to buy materials and give it a go.

Nike’s Better World succeeded with its content by using HTML5 to present a scrolling storyboard explaining its company’s green initiatives and The Waffle Shop doubled connects with its customers through a live stream of customers sharing comments good or bad live at a Pittsburgh restaurant.

Is your marketing organization set up so the scientists can teach the artists and vice versus? Tell us in the comments section below.

Nonprofit Social Media Superstars Put in the Time to Earn Followers

Social media is the marketing activity nonprofits say they need help with most, according to a free report from Constant Contact called the Nonprofit Pulse Report. More than 57% of the 307 respondents said they needed help with social media, followed by 36% with email marketing, and 35% with their nonprofit websites.

Not surprisingly, 88% of respondents said they found Facebook the most effective channel for their cause marketing followed dismally by 5% who preferred Twitter. For great Facebook fan page examples look at the American Red Cross with 511,000 fans and The Humane Society of the United States with 1.4 million fans.

 

puppy Nonprofit Social Media Superstars Put in the Time to Earn Followers

 

Read Up and Invest Time into Your Multi Channel Efforts

Nonprofits who have read Heather Mansfield’s How to Guide for Using Social Media for Social Good say it’s worth the $22. Heather gives 149 tools and resources, a case study of how a nonprofit book tour earned an organization $17,000, and other lessons she’s learned during her 15 years helping nonprofits and 15,000 hours using social media.

social Nonprofit Social Media Superstars Put in the Time to Earn Followers

 

 

The Nonprofit Pulse Report details that nonprofits are spending 36% of their time and 18% of their budgets on marketing. It doesn’t break out what amount of that time and money is spent on social media. However, another report, How Small Businesses and Nonprofits can Master Online Marketing, states that effective social media outreach takes at least 25 hours of staff time per week, according to company behind the report, Ditch Digital Dabbling. The survey also outlines the online marketing tactics that work best and highlights new revelations, including the fact that “Power Users” rate only five social media tools as very effective.

I think both Mansfield and Ditch Digital Dabbling’s staff would agree that Mark Hanis, the founder behind the Genocide Intervention Network, has put in the time and wisely leveraged social media.

Hanis’ Facebook campaign raised $250,000 in 2005, according to nonprofit blogger Beth Kanter. Kanter said that Hanis used Salesforce as its contact management system to track interactions and help land a very large donor. “The relationship starts online, but the “ask” happens offline, perhaps on the phone or face-to-face,” says Kanter.

How much time is your nonprofit spending on social media? If you need guidance, download the reports in this blog or contact us. The return is worth the work according to Social Media Today who says a charity can raise $100,000 or more on Facebook if they dedicate the budget and staff to the task. Imagine what lift you’d get adding variable printing to the integrated marketing mix, too.

 

Agency Uses Interactive Sitelet to Land New Business

When a Dallas-based advertising agency, VLG, needed to engage prospects, it opted to show off its interactive technology through a sitelet or mini-site. The sitelet used a mock company called Crescent Bluffs to demonstrate the amount of time VLG could engage the prospect in the demo.

I was engaged for 1 minute 41 seconds. I took VLG’s bait of virtually opening a hotel door to a room with a virtual key on the screen. I was then asked to meet them in the lobby and then in the restaurant to have a virtual lunch; and at the end of the lunch a virtual note appeared on the screen announcing how long our business courtship lasted. VLG then asked me on the screen if I would be interested in learning how to conduct my own sitelet campaign to create new business for my company.

check Agency Uses Interactive Sitelet to Land New Business

VLG’s campaign, Accept the Invitation, began by mailing a hotel napkin and faux hotel key with a note that read, “Let’s Meet.” The note sent prospects to a mini or microsite for a faux hotel named Crescent Bluffs. You can walk through the prospect experience here.

Because of sitelet successes such as VLG’s, other agencies and companies are using sitelets to launch a product, provide support functions and for targeted advertising campaigns. By using a separate domain name, you can choose a unique descriptive URL that pertains specifically to the campaign.

Flash, online databases and advanced programming can be combined to create powerful customer support tools. It is possible to preload your existing offline data or structure an entirely new database.

Another key benefit of using a targeted sitelet approach is that you do not have to significantly modify your existing company website for a specific campaign. You will want to integrate links and content for maximum exposure, but this is significantly easier than modifying website navigation and page structure.

How can you use mini-sites to bring in business?

 

How to Say Thank You in a Personal, Memorable, Trackable Way

thank you personalization

Nine times out of ten, a donor receives a letter that starts with, “Thank you for your generous donation.” Because giving is an emotional response, it deserves an emotional thank you with more pep and personality than a typical, status quo thank you. Read Shannon Doolittle’s 22 Delightful Ways to Say Thank You.

Here’s a sample of humorous ways Shannon suggests saying thank you so you can delight, not bore your donors.

  • You = awesome. Me = grateful.
  • Move over Gates and Buffett, there’s a new philanthropist in town.
  • Our clients have started an unofficial fan club. You should start practicing your autograph.

And according to an article in Forbes, Don’t Thank Your Donor with a Gift, a great thank you is far superior to giving donors gifts, which can be counterproductive.

Foreshadow Good Things to Come Thanks to Their Donation

Beyond saying a great thank you, help connect the dots for your donors by telling them what’s happening. Something like, “Your donation pushes us to 90% of goal. Soon we can give all local children the nutrition they need on a daily basis”

A nonprofit named Charity:Water did an excellent follow-up video of a 9-year old girl’s donation of $240 that spurred $1.2 million more in donations following her tragic death in a car collision. Watch Charity:Water’s video about the little girl who could, Rachel Beckwith.

People who give to Donors Choose are greeted with an evolving thank-you screen on the home page where kids thank them for each specific gift – be it a computer or projector. They even mail hand written letters from the kids that benefited from the donation to the giver in order to say thank you in a very personal way.

Good cause marketing is all about great ongoing storytelling packed with emotional triumphs and challenges everyone can share in.

Timing, Format, and Other Loose Ends of Donor Thank Yous

When money comes in, a thank you letter or email needs to go out within 48 hours – the industry standard for courtesy, appreciation, and the chance to encourage more giving in the future from this donor.

The alleged bible for writing donor letters is Donor Centered Fundraising by Penelope Burk. In it, you’ll find many samples and formats to try and tweak within your organization.

Finally consider picking up the phone and calling to say thank you. Penelope Burk says her research shows that 90% of donors never receive a phone call from their favorite charities unless they’re asking for money. What an opportunity to turn that around to building a stronger relationship.

Are you inspired to polish your fundraising now?