Title: The Donor Journey How to Make it Long
1The Donor JourneyHow to Make it Long Fruitful
- Tobin Aldrich
- Fundraising Director WWF-UK
2What do we want from our donors?
- Net income
- Long-term relationships
- Predictable income
- Multiple products or engagements
- Measured by net lifetime value (LTV)
3A Profitable Journey
- Recruiting the right donors
- Maximising the length of the relationship
- Maximising the value of the relationship
- Managing the relationship cost-effectively
- Focus on the donors with the highest potential
4Recruiting the right donors
- All donors are not equal
- A small of donors will account for a large of
value - Identifying who are the valuable prospects
- Identify how to recruit the valuable prospects
cost-effectively
5Donor Recruitment Matrix
6Return on investment (ROI)
7Maximising the length of the relationship
- Donor attrition is a major issue
- Days when donors remained giving for year after
year without effort by the charity are gone - How do we ensure that a donor gives for longer?
8Maximising the length of the relationship
- Recruit donors who will stay longer
- Older donors more loyal
- Donors recruited by some methods stay longer than
others - Give donors what they want
- Communications appropriate to what recruited them
- Listen to their communication preferences
9Maximising the length of the relationship
- Engage those you can
- Make cause real
- Touch it and feel it
- But many dont want to engage
- Go back to those who lapse
- Quickly
- Repeatedly
- Cross-sell upgrade
10Maximising the valueof the relationship
- Upgrade
- Soon
- Often
- With different propositions
- With different offers
- Cross-sell
- With different propositions
- With different offers
11WWF Individual Supporter Audiences
12Managing the relationship cost-effectively
- Using the most effective communication methods
- What do they want from us?
- Ensuring all our communications have a purpose
and add value - Measuring the impact of our communications
13Engaging Supporters
14 Donor Pyramid
Legacy Gifts Major Gift Donors High Value
Donors Regular Givers Responders The Universe -
Prospects
15Curve of Involvement (with thanks to Tarnside
consulting)
16(No Transcript)
17Engaging Supporters
- How do we engage?
- Make the cause real
- Meet beneficiaries
- Hear from field workers
- See/touch/feel the work
- We cant do this for everyone
- We can make our communications as real as
possible - We need to prioritise our efforts
18Engaging Supporters
- Who should we focus on?
- Who are the most valuable
- Who are the most engaged
- Who have the highest potential value?
- Who are most likely to engage?
19Engaging Supporters
- A 4 point matrix
- Score each of 4 criteria
- Actual engagement (E)
- Potential engagement (PE)
- Actual value (V)
- Potential value (PV)
- 7 point scale (0 lowest, 6 highest)
- Supporter Potential (EPEV)PV
20Engaging Supporters
21Engaging Supporters
22Conclusions
- What are your objectives
- Recruiting the right supporters
- Maximising the length and value of the
relationship - Focus investment on those supporters with the
best potential