Tuesday, January 19, 2010

Disaster preparedness and conversion

Last week, in the wake of the Haiti tragedy, I talked about how I felt that non emergency charities should continue doing what they were already doing.

I've been chatting to lots of colleagues about charities response to Haiti this week and the message has been the same, speed is key. In other words, getting to donors, prospects, the general public quickly is critical to maximizing support.

The same applies in the wash up from disasters, of which Haiti is no exception.

We just finished some testing for one of our Canadian clients at Pareto Fundraising. We tested different approaches to disaster donors, trying to determine the optimum way to get a 2nd gift, ideally a monthly gift.

The upshot was, the sooner we get back to people the more likely they are to commit to a subsequent gift. Hardly surprising, but the difference was significant. We were twice as likely to get someone to commence a monthly gift whose first gift was within the last 12 months, versus someone whose gift was within the previous 24 months. In fact if we got back within 12 months we could breakeven well inside a year.

The point is however we should be testing number of weeks after first gift to convert, not years. Fortunately for this client, we have developed a control pack that can be sent to disaster donors, including Haiti supporters, weeks after their first commitment. And that's when you start to see this program maximize its impact.

Being prepared, ready to go to supporters within weeks is absolutely crucial to conversion efforts. And disasters happen, so there is no excuse for not having conversion plans.

I was going to write some more on post disaster follow up, but my colleague Sean Triner has written a great piece called Cashing in on disaster donors that is worth a few minutes of your time to read.

Jonathon

1 comment:

Verna said...

Hi Jonathan!

I think this fundraising is very challenging. One of my dreams is to be a part of nonprofit org someday. I worked on an events company before. Just like a fundraising, sponsors are the keys of a successful event. This kind of fundraising is really important because it benefits the victims of Haiti tragedy. I'd read a blog about accounting for non profit organization before I came across this blog. Monitoring the budget is truly crucial to any businesses and organization. Good thing that today that there are lots of improved nonprofit fund accounting that help fundraisers to monitor the cost of their budget and expenses.