Title: New Fundraising Opportunities
1New Fundraising Opportunities
- Profitable Online Auction for Non-Profit Causes
- Gerard Murphy
- Regional Sales Director
cMarket, Inc.
2Challenges of Philanthropy Today
- More competition
- The number of NPOs has doubled since 1998
- Charitable giving rose 5 in 2004 to nearly 250
billion - More places to give online growing
- Raising money to accomplish their mission,
escalating cost of fundraising - Nearly 70 of U.S. HHs support one or more
causes - Deeper cut-backs in government support
- Businesses are moving budget from philanthropy to
advertising sponsorship - CSR and cause branding growing in importance and
require accountable - 30 increase in the number of American consumers
who say they have a more positive image of a
product or company when it supports a cause. - Changing donor base
- Shifting social burdens of 76 million aging
boomers are changing their giving - Acquiring new donorsand targeting the right
group of donors - Building lasting connections and loyalty with
donors and sponsors
3Meet the New Donors The Millennials
1980
2000
- Born between 1980 and 2000, eldest now in early-
to mid-twenties - By 2010, will outnumber Baby Boomers and Gen-Xers
- Critical consumers for all kinds of
businessesfrom automakers and clothing companies
to Hollywood, record labels and the news media
source New York Times, Sunday, January 22,
2006, A Generation Serves Notice Its a Moving
Target
4How Will You Reach Joe Hanson? (Chicago, Age 29)
- Likes to watch television, but rarely on his TV
downloads cable and network shows Ali G,
Arrested Development, Scrubs, The Sopranos,
South Park, The Office - Grew up with Nintendo, iPods, digital technology
and media convergence - Acquired his roommate online through Craigslist
- Doesnt own a suit has never been to a gala
ball or golf outing - Emails/IMs/Text Messages all of his friends when
he finds something cool online. - Part of 4 different social networking websites
including MySpace and Facebook
5Boomer Josh Ziff ( Age 57- worked too hard)
1946
1964
- 77 million born between 1946 and 1964 (MSNBC.com)
- Consumers 50 and older own 65 of the net worth
of all U.S. households (U.S. Consumer Expenditure
Survey) - 1 trillion in disposable income (U.S.News
World Report, 2005) - Checks his email everyday using his Gmail
address. - Emails pictures to his kids who live across the
country. - Books all of his vacations online using
Expedia.com
http//207.21.232.103/pdfs/PIP_Generations_Memo.pd
f
6Donors Are Still Out There, But...
- Theyre being bombarded
- Theyre becoming savvier consumers, demanding a
return for their charitable dollars - Want to actively participate, and want to know
theyre appreciated - Want more control over their fundraising
interactions - Are finding the joy of giving increasingly
difficult to come by
7Take Advantage Of Growth in Online Giving
- Number of online donors increased gt53 from
January to November 2005 - In 2004, over 3 billion was donated online, up
58 from 2003 (8.6 million households) - Online givers donate 50 more than donors who do
not give online - 75 of all donors noted that going online made
some impact in their decision whether to give - Nearly 35 Million or one in four (24) people
have participated in an online auction selling
or buying something
sources Pew Internet American Life Project,
11/2005 Luth Research Study, featured in CBS
Market Watch 6/16/2005
8Corporate Involvement in Fundraising has Expanded
- Corporate involvement in fundraising has expanded
and companies are including their employees in
the effort. - 72 of Americans want to work for companies that
support charitable causes - 87 of Americans believe it is important for
companies to offer volunteer opportunities to its
employees - Companies gain valuable benefits with consumers
who trust for-profit companies that support
worthy causes. - 92 of Americans think that it is important for
companies to make charitable contributions or
donate products and/or services to non-profit
organizations in the community - Americans will reward companies with good
corporate social responsibility - 86 will likely switch from one brand to another
that is associated with a cause - 80 can name a company that stands out in their
mind as a strong corporate citizen
- source
- 2004 Deloitte Touche USA survey fielded by
Harris Interactive - 2004 Cone Corporate Citizenship Study
9Your goal
- Get onlineNOW!
- Whos the right partner?
- Whats the right platform?
10Online Auctions they work harder for you
- Leverage the power of the Internet
- Broaden your geographical reach
- No time constraints
- Simplify live event logistics, while enabling
greater functionality - Measurability
- Raise mission awareness and involvement
- Engage your entire constituencyincluding
Millennials and Gen-Xers - Nurture partner relationships with item donors
and sponsors by delivering greater value - Generate valuable auction data and intelligence
to help shape future events
11Online Auctions Provide 3 Sources of Revenue
- Bidding revenue
- Great value proposition to item donorsbetter
items - More people participating online over 3-4 week
period - Sponsorship revenue
- On average, our clients raise 4,000 before a
single bid is placed - Logo placement and link on auction homepage and
email promoting auction - cMarketplace Consignment catalog
- Great items, no solicitation
- On average, adds at least 1,000 of net revenue
12How It Works!
- Step 1 - BUILD your homepage and catalog!
- Build your merchandise catalog using online
donations - Create incremental revenue with sponsorship
- Use your website to promote your event!
- Step 2 - PROMOTE your auction!
- Create and send emails to donors and sponsors
- Communicate with biddersitem alerts, thank you
emails, etc. - Keep committee members in touch with the auction
- Step 3 - Let the BIDDING begin!
- Monitor bidding activity, keep bidders engaged
- Offer new items to bring bidders back
- Direct attention to merchandise that isn't
selling - Step 4 - DO IT AGAIN
- Stay in touch with bidders and visitors
- Follow up with seasonal auctions or "specials
- Continue to build on your success
13Build Awareness Auction Home Page
14Showcase Items and Donors Auction Item Page
15Transform Your Sponsor Relationship --From
Donation Partner to Strategic Partner
- Sponsorship links transform your relationship
with your sponsors - Great visibility on your auction homepage and in
your auction emails. - Repeated online impressions-greater reach and
impact than traditional printed catalog. - Clickable links back to their homepage OR a
special landing page
16Engage Bidders Email
17Comprehensive, Intelligent Reporting
- Analyze performance
- Identify opportunities for improvement
- Get insight into donor activity
- Real-time fundraising and membership campaign
results - Spot trends, understand and leverage success
factors - Draw on experiences and best practices of 1,500
online auctions for NPOs - Optimize your catalog based on results for
100,000 items
18A Proven Platform
Arts / Humanities
Healthcare
Human Services
Faith-Based
Animal Services
Corporate
Education
More than 1,500 non-profits have chosen cMarket
19Real Success Stories from Organizations Like Yours
Cancer Community Center, South Portland, ME
- Three online auctions so farraised more than
152,000 - Fun events generate widespread community support
- Managed it all with only two staff members
We had lots of potential givers. We just didnt
know how to reach them. Carrie Kinne Director of
Development
20Real Success Stories from Organizations Like Yours
Ford Motor Company
- Funds raised by Ford benefit Juvenile Diabetes
Research Foundation - Ran 2 online auctions raised over 170,000!
- All North American employees participated
cMarket is best in class for Ford Susan Ley,
Senior Project Manager Coach Ford Motors
21Are You Ready to Improve Your Fundraising ROI?
- Tap into new sources of income
- Save time
- Engage and expand your donor community
- Add value and visibility for your sponsors and
item donors
And...you can have fun doing it!