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The Skinny on Strategy
Using Data to Drive
Your Strategies
Kathryn Hall
Sr. Client Success Manager
Blackbaud
Amy Braiterman
Principal Strategy Consultant
Blackbaud
Your Hosts:
Join us for the rest of the series
• The Skinny on Strategy: Using Data to Drive Your Strategies
Tuesday, May 12 | 1:30–2:00 p.m. ET
• The 411 on Engagement: Learning Online Fundraising “Tells”
Tuesday, May 19 | 1:00–1:30 p.m. ET
• Event Websites—The Situation Room: Must-Haves and Don’ts
Thursday, May 21 | 2:00–2:30 p.m. ET
• Messaging Mojo: Making Over Your Emails
Tuesday, May 26 | 1:30–2:00 p.m. ET
• Talk Data to Me: Preview of the new P2P Fundraising Study!
Thursday, May 28 | 2:00–3:00 p.m. ET
When do I actually have the time
to get fab?
Planning /
Ramp Up
ExecutionWrap Up
Tone Your Data Game
• Benchmark your campaign performance against
industry averages
• Understand your campaign’s performance over time
and opportunities for growth
• Identify prime audiences for recruitment and cultivation
• Develop coaching strategies to maximize participant
fundraising behaviors
Master Your Own Stats
• Before your campaign starts, review
your data from the previous three years,
if available. Look at key metrics:
• Event-level data:
– Online and offline fundraising growth
– Participation growth
– Retention rates
• High-level fundraising performance metrics:
– Average gift amount
– Average value per participant
– Percent of participants fundraising
Review Industry Benchmarks
Benchmarks help you uncover
opportunities… if you use
them right
At a Glance: Sample Walk Program
P2P Fundraising Scorecard
Total
Online
Revenue
• 8% YOY
increase
Percent of
Fundraisers
• 2% YOY
• 31% of Walk
Registrations
Fundraise
Online
Average
Raised Online
• $57.40
raised per
participant
Good Could be better Needs Improvement
“Makeover” Starts Here
• KPI: 10% growth in online fundraising
• Calculation:
– How many online fundraisers will you need?
– What should their average funds raised be?
• Tactics:
– We will do X to convert more participants to fundraisers
– We will do Y to retain more team captains and top
fundraisers
– We’ll enhance our coaching strategy to help average
fundraisers become great fundraisers
Sample Walk:
Total Online Revenue
KPI 1: Walk is growing; eight percent year
over year! But, we want to keep growing.
Where is the opportunity for our program?
Begin by breaking down online revenue into
different buckets:
• Fundraising: Online Donations
• Personal Donations made during the
registration
• Registration Fees
 This is your new baseline moving forward.
80% of revenue from fundraising.
Data from 2014 Peer to Peer Fundraising Study. Coming soon!
81%
16%
3%
P2P Walk Benchmark:
Revenue Distribution
Online Donations Personal Donations
Registration Fees
Benchmark: Sample Walk
Total Online Revenue
76%
24%
Walkers New vs. Returning
P2P Benchmark
New Returning
KPI 1: Walk is growing 8% year over
year! But, we want to keep growing.
Where is the opportunity for our
program?
Hint: Event revenue growth came from
a 25% increase in registrations!
Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
Benchmark: Sample Walk
Total Online Revenue
76%
24%
Walkers New vs. Returning
P2P Benchmark
New Returning
What do we know about
New vs. Returning Participants?
• Returning walkers use online tools:
 19% of returning walkers send emails
compared to 7% of new walkers
• Returning walkers raise more online:
 $147.70 compared to $37.43 raised
by new walkers
• Returning receive larger online
donations:
 $69.36 compared to $54.30 received
by new walkers
Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
Benchmark: Sample Walk
Total Online Revenue
76%
24%
Walkers New vs. Returning
P2P Benchmark
New Returning
Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
15%
19%
24%
15%
18%
20%
0%
5%
10%
15%
20%
25%
30%
2011 2012 2013
3 Yr Trend: P2P Benchmark vs.
Sample Walk
P2P Benchmark Sample Walk
How about Cycling Events?
Is this an area of opportunity?
42% 40% 41%
51%
0%
10%
20%
30%
40%
50%
60%
2012 2013 2014 Industry
Benchmark
% of Riders Who Return Online
Hmm… We have
room to improve
here!
Benchmark: Sample Walk
Participants Fundraising
Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
30%
70%
Registered Walkers
Fundraisers Non-Fundraiser
KPI 2: Walk is growing; 31% of registered
walkers are fundraisers! We beat the
benchmark. But, we want to keep growing.
Where is the opportunity to grow?
More about the event:
• Steady increase in percent of participants
fundraising in the last three years.
• We’ve increased our focus on participants
making a personal donation during the
registration process.
Benchmark: Sample Walk
Online Registrations vs. Fundraisers
69%
19%
12%
New P2P Benchmark:
Registered Walker by Donations
Received
Zero 1 Donation 2+ Donation
Data from 2014 Peer to Peer Fundraising Study. Coming soon!
69%
21%
10%
Sample Walk: Registered
Walker by Donations Received
Zero 1 Donation 2+ Donation
Benchmark: Sample Walk
Online Registrations vs. Fundraisers
Data from 2014 Peer to Peer Fundraising Study. Coming soon!
KPI 2: Percent of Fundraisers
• Asking participants to make a personal donation
is a great tactic to reduce $0 Walkers.
• But, making donation during registration does
not make someone a fundraiser.
How do you increase percent of fundraisers?
• Look at your event website, is it clear this is a
fundraising event?
• Make the registration process work for you;
messaging around fundraising goal
• Segment your participants:
• Develop a communication plan for
participants who donate during registration
• 1st Follow Up message, post registration
should acknowledge their donation
69%
21%
10%
Sample Walk: Registered
Walker by Donations Received
Zero 1 Donation 2+ Donation
• KPI 3: Average amount raised by participant -
$57.40 meets P2P Walk Benchmark
• Questions to ask:
– What is the average raised by typical fundraisers?
– What is the average raised by top fundraisers?
Benchmark: Sample Walk
Amount Raised by Participants
• Our goal is to help our good
fundraisers become great fundraisers
• Strategy: Develop a multi-channel
communication plan that targets
fundraisers (2-4 Online Donations)
• Tactics: email segmentation, online
badges, fundraising coaches,
milestone messages
• Learn more! Join us for
The 411 on Engagement: Learning
Online Fundraising “Tells”
Tuesday, May 19 | 1:00–1:30 p.m. ET
Benchmark: Sample Walk
Amount Raised by Participants
$50.73 $56.50 $57.45
$148.89 $150.59 $151.66
$701.25 $704.89 $710.00
$0.00
$100.00
$200.00
$300.00
$400.00
$500.00
$600.00
$700.00
$800.00
$900.00
$1,000.00
2011 2012 2013
Top Fundraisers (5+ Online Donations)
Good Fundraisers (2-4 Online Donations)
All Participants
“Drab to Fab” To Do List
Make a date with yourself, after your
season, to really dig into your numbers
Choose “3” areas for strategic
enhancements and outline your tactics
for “fab” results for the coming season
Check back against your goals during
the season. Adjust as necessary.
Set Goals Based on Who You Are
• Benchmark against yourself
• If you’re a zebra, be a zebra - Make the right choices
regarding KPIs for you.
Thank you! Join us
for the rest of the series
• The 411 on Engagement: Learning Online Fundraising “Tells”
Tuesday, May 19 | 1:00–1:30 p.m. ET
• Event Websites—The Situation Room: Must-Haves and Don’ts
Thursday, May 21 | 2:00–2:30 p.m. ET
• Messaging Mojo: Making Over Your Emails
Tuesday, May 26 | 1:30–2:00 p.m. ET
• Talk Data to Me: Preview of the new P2P Fundraising Study!
Thursday, May 28 | 2:00–3:00 p.m. ET
Accessorize your peer-to-peer program with tips from the ebook.
Get it today!

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Using Data to Drive Your P2P Fundraising Strategies

  • 1. The Skinny on Strategy Using Data to Drive Your Strategies
  • 2. Kathryn Hall Sr. Client Success Manager Blackbaud Amy Braiterman Principal Strategy Consultant Blackbaud Your Hosts:
  • 3. Join us for the rest of the series • The Skinny on Strategy: Using Data to Drive Your Strategies Tuesday, May 12 | 1:30–2:00 p.m. ET • The 411 on Engagement: Learning Online Fundraising “Tells” Tuesday, May 19 | 1:00–1:30 p.m. ET • Event Websites—The Situation Room: Must-Haves and Don’ts Thursday, May 21 | 2:00–2:30 p.m. ET • Messaging Mojo: Making Over Your Emails Tuesday, May 26 | 1:30–2:00 p.m. ET • Talk Data to Me: Preview of the new P2P Fundraising Study! Thursday, May 28 | 2:00–3:00 p.m. ET
  • 4. When do I actually have the time to get fab? Planning / Ramp Up ExecutionWrap Up
  • 5. Tone Your Data Game • Benchmark your campaign performance against industry averages • Understand your campaign’s performance over time and opportunities for growth • Identify prime audiences for recruitment and cultivation • Develop coaching strategies to maximize participant fundraising behaviors
  • 6. Master Your Own Stats • Before your campaign starts, review your data from the previous three years, if available. Look at key metrics: • Event-level data: – Online and offline fundraising growth – Participation growth – Retention rates • High-level fundraising performance metrics: – Average gift amount – Average value per participant – Percent of participants fundraising
  • 8. Benchmarks help you uncover opportunities… if you use them right
  • 9. At a Glance: Sample Walk Program P2P Fundraising Scorecard Total Online Revenue • 8% YOY increase Percent of Fundraisers • 2% YOY • 31% of Walk Registrations Fundraise Online Average Raised Online • $57.40 raised per participant Good Could be better Needs Improvement
  • 10. “Makeover” Starts Here • KPI: 10% growth in online fundraising • Calculation: – How many online fundraisers will you need? – What should their average funds raised be? • Tactics: – We will do X to convert more participants to fundraisers – We will do Y to retain more team captains and top fundraisers – We’ll enhance our coaching strategy to help average fundraisers become great fundraisers
  • 11. Sample Walk: Total Online Revenue KPI 1: Walk is growing; eight percent year over year! But, we want to keep growing. Where is the opportunity for our program? Begin by breaking down online revenue into different buckets: • Fundraising: Online Donations • Personal Donations made during the registration • Registration Fees  This is your new baseline moving forward. 80% of revenue from fundraising. Data from 2014 Peer to Peer Fundraising Study. Coming soon! 81% 16% 3% P2P Walk Benchmark: Revenue Distribution Online Donations Personal Donations Registration Fees
  • 12. Benchmark: Sample Walk Total Online Revenue 76% 24% Walkers New vs. Returning P2P Benchmark New Returning KPI 1: Walk is growing 8% year over year! But, we want to keep growing. Where is the opportunity for our program? Hint: Event revenue growth came from a 25% increase in registrations! Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
  • 13. Benchmark: Sample Walk Total Online Revenue 76% 24% Walkers New vs. Returning P2P Benchmark New Returning What do we know about New vs. Returning Participants? • Returning walkers use online tools:  19% of returning walkers send emails compared to 7% of new walkers • Returning walkers raise more online:  $147.70 compared to $37.43 raised by new walkers • Returning receive larger online donations:  $69.36 compared to $54.30 received by new walkers Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon!
  • 14. Benchmark: Sample Walk Total Online Revenue 76% 24% Walkers New vs. Returning P2P Benchmark New Returning Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon! 15% 19% 24% 15% 18% 20% 0% 5% 10% 15% 20% 25% 30% 2011 2012 2013 3 Yr Trend: P2P Benchmark vs. Sample Walk P2P Benchmark Sample Walk
  • 15. How about Cycling Events? Is this an area of opportunity? 42% 40% 41% 51% 0% 10% 20% 30% 40% 50% 60% 2012 2013 2014 Industry Benchmark % of Riders Who Return Online Hmm… We have room to improve here!
  • 16. Benchmark: Sample Walk Participants Fundraising Data from 2013 Peer to Peer Fundraising Study Published April 2014. New Study Coming Soon! 30% 70% Registered Walkers Fundraisers Non-Fundraiser KPI 2: Walk is growing; 31% of registered walkers are fundraisers! We beat the benchmark. But, we want to keep growing. Where is the opportunity to grow? More about the event: • Steady increase in percent of participants fundraising in the last three years. • We’ve increased our focus on participants making a personal donation during the registration process.
  • 17. Benchmark: Sample Walk Online Registrations vs. Fundraisers 69% 19% 12% New P2P Benchmark: Registered Walker by Donations Received Zero 1 Donation 2+ Donation Data from 2014 Peer to Peer Fundraising Study. Coming soon! 69% 21% 10% Sample Walk: Registered Walker by Donations Received Zero 1 Donation 2+ Donation
  • 18. Benchmark: Sample Walk Online Registrations vs. Fundraisers Data from 2014 Peer to Peer Fundraising Study. Coming soon! KPI 2: Percent of Fundraisers • Asking participants to make a personal donation is a great tactic to reduce $0 Walkers. • But, making donation during registration does not make someone a fundraiser. How do you increase percent of fundraisers? • Look at your event website, is it clear this is a fundraising event? • Make the registration process work for you; messaging around fundraising goal • Segment your participants: • Develop a communication plan for participants who donate during registration • 1st Follow Up message, post registration should acknowledge their donation 69% 21% 10% Sample Walk: Registered Walker by Donations Received Zero 1 Donation 2+ Donation
  • 19. • KPI 3: Average amount raised by participant - $57.40 meets P2P Walk Benchmark • Questions to ask: – What is the average raised by typical fundraisers? – What is the average raised by top fundraisers? Benchmark: Sample Walk Amount Raised by Participants
  • 20. • Our goal is to help our good fundraisers become great fundraisers • Strategy: Develop a multi-channel communication plan that targets fundraisers (2-4 Online Donations) • Tactics: email segmentation, online badges, fundraising coaches, milestone messages • Learn more! Join us for The 411 on Engagement: Learning Online Fundraising “Tells” Tuesday, May 19 | 1:00–1:30 p.m. ET Benchmark: Sample Walk Amount Raised by Participants $50.73 $56.50 $57.45 $148.89 $150.59 $151.66 $701.25 $704.89 $710.00 $0.00 $100.00 $200.00 $300.00 $400.00 $500.00 $600.00 $700.00 $800.00 $900.00 $1,000.00 2011 2012 2013 Top Fundraisers (5+ Online Donations) Good Fundraisers (2-4 Online Donations) All Participants
  • 21. “Drab to Fab” To Do List Make a date with yourself, after your season, to really dig into your numbers Choose “3” areas for strategic enhancements and outline your tactics for “fab” results for the coming season Check back against your goals during the season. Adjust as necessary.
  • 22. Set Goals Based on Who You Are • Benchmark against yourself • If you’re a zebra, be a zebra - Make the right choices regarding KPIs for you.
  • 23. Thank you! Join us for the rest of the series • The 411 on Engagement: Learning Online Fundraising “Tells” Tuesday, May 19 | 1:00–1:30 p.m. ET • Event Websites—The Situation Room: Must-Haves and Don’ts Thursday, May 21 | 2:00–2:30 p.m. ET • Messaging Mojo: Making Over Your Emails Tuesday, May 26 | 1:30–2:00 p.m. ET • Talk Data to Me: Preview of the new P2P Fundraising Study! Thursday, May 28 | 2:00–3:00 p.m. ET Accessorize your peer-to-peer program with tips from the ebook. Get it today!

Editor's Notes

  1. Different priorities in different phases of the life cycle. There is a time for strategy and a time for applying tactics.
  2. https://www.blackbaud.com/nonprofit-resources/p2p-fundraising-study - Blackbaud Peer-to-Peer Fundraising Studies
  3. This year we had 100 online fundraisers and they brought in $50,000 in donations. Next year we want to bring in $55,000 in donations. If everybody brings in $50, then we need 100 more fundraisers. Alternately, if we increase average fundraising to $60 a person, then we only need 83 more fundraisers
  4. Now let’s look at where we can get more insights into the possible tactics from benchmarks
  5. Growth in event from recruitment brings in new people. There is a lot of opportunity in focusing on RETENTION as well as recruitment. Returning fundraisers raise more money. Focus on creating a culture of people who care about your cause, who come back … cultivate the long-term, returning supporter.
  6. Even if we have respectable growth – the industry is outpacing us.
  7. Industry surveys and whitepapers can help you decide which areas to emphasize the most. Once you have established a baseline for your event performance, you have your own benchmarks Make the right choices regarding KPIs for you. For example, with Arthritis Foundation’s Jingle Bell Walk, they decided at a certain point they would “bless and release” those runners who just wanted to run and have fun, after a certain point they wouldn’t try to convert them to fundraisers. http://www.worth1000.com/entries/369070/zebsaurus