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I      data! July 22, 2010
Social Media
Data
What is data?
Not just numbers.
It’s facts, statistics, and information
Builds relationships&Creates insights
Tells a story
“Effective data analysis is like a way of seeing.”-Stephen Fewwww.perceptualedge.com
The most valuable asset of any organization
What do we do with it?GatherCleanUse
What do we gather?
Biographical Think personalized
Biographical Data ,[object Object]
Addresses
Phone numbers
E-mail addresses
Birthdates and anniversariesWhere do we gather this data?
Statistical Think data points and calculations
Statistical Data ,[object Object]
Amounts
CodesWhere do we gather this data?
Demographic Think targeted
Demographic Data ,[object Object]
Gender
Age range
Household Income
Home value
Education
Presence of childrenWhere do we gather this data?
Psychographic Think observed (and subjective)
Psychographic Data ,[object Object]
Hobbies and interests
Values
AttitudesWhere do we gather this data?
OK…now we’ve gathered our data. Let’s clean it! or “scrub” it… or perform “data hygiene” on it…
Data Hygiene Data What is it anyway?
Principles and practices that serve to maintain accuracy in a computer database
Principles and practices that serve to maintain accuracy in a computer database The art of keeping our database clean and up-to-date
It’s what happens between the mailbox and the garbage can.
So what?!? Why should we care?
Shows respect to your donors ,[object Object]
Treats donors the way they want to  be treated
Improves long-term donor value,[object Object]
Make better fundraising selects and file maintenance decisions
Improve ability to capture your target audience,[object Object]
Documented business rules Regular de-dupe routines Outside hygiene services Hire professional help
And now we have gathered and cleaned our data. So let’s use it!
Key Metrics
Micro measures ,[object Object]
Total expenses
Number responses
Gross Income
Average Gift
Net Income
% Response
ROI,[object Object]
Total Expenses How much did the creative, production (print and/or mail), postage cost? aka “costs”
Number Responses How many people did what we asked them to do by donating or responding (even without money)?
Gross income How much money did we raise? “You can’t write a check on gross…”
Average Gift Gross income divided by Number Responses

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Seattle U 2010: I Love Data!

Editor's Notes

  1. Philanthropy:The act of donating money, goods, time or effort to support a charitable cause, usually over an extended period of time and in regard to a defined objective.Passion: intense emotion
  2. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  3. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  4. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  5. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  6. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  7. Population characteristicsCompare the one to the groupUsually have to buy this data
  8. Home and workSelf-reported: checks, e-mail, phone calls, letters, return envelopes, etc.
  9. Individual characteristicsDear Mr. so and so, you may not know that we have a golf tournament coming up and we know you like golf…
  10. ConsistentDocumentedEasy to followEveryone uses – no exceptions