nonprofit peer-to-peer success story: klru makes the leap to online pledge drive
TRANSCRIPT
Nonprofit P2P Success Story:
KLRU Makes The Leap to Online Pledge Drive
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#KimbiaWebinars
Confidential document: Kimbia Inc. 2015
Miriam Kagan Senior Fundraising Principal
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Susannah Winslow Membership Director
@KimbiaInc @MiriamKagan #KimbiaWebinars
Speakers
Confidential document: Kimbia Inc. 2015
Agenda
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About Kimbia & KLRU
KLRU Case Study
Questions
Next Steps #KimbiaWebinars
@KimbiaInc
Confidential document: Kimbia Inc. 2015
Kimbia is the global leader in crowdfunding events
Helping 19,000+ nonprofits since 2007 7 of the 10 largest crowdfunding events
ü Delivered through patented widget technology
ü Focused on producing the opAmal donor experience
ü Higher conversion rates in A/B tests versus compeAtors
ü Portable, scalable and easy to integrate with CRM, CMS, Email and other soNware tools
• Giving Days • P2P & Team Raising • Online DonaAons • DIY • Event RegistraAon
Confidential document: Kimbia Inc. 2015
Kimbia provides an all-in-one solution for…
Online Fundraising
Event Registration
Peer-to-Peer, Team & DIY Fundraising
Giving Days / Crowdfunding
Custom Forms
Confidential document: Kimbia Inc. 2015
The Kimbia Solution
Embedded in an organizaAons exisAng website • Enables branding control • Increases donor
conversion by 30% on avg
Best of Breed, cloud-‐based plaXorm
Mobile-‐ready responsive • No need for web APIs to
build / style
Social sharing integraAon
Works with client systems of choice: • IntegraAon ease using data APIs • App on Salesforce AppXchange
Secure, PCI Level 1 compliant, forms
£€¥$ MulA-‐Currency
MulA-‐Language
20+ Gateways
Confidential document: Kimbia Inc. 2015
About
• Austin’s own community licensed public television station for more than 50 years.
• Vision: KLRU enriches lives and transforms communities.
• Mission: KLRU's mission is to educate, entertain and engage children and adults in the Greater Austin area and beyond by providing distinctive media experiences that matter, whether on the air, online or on the ground, and reflecting Austin's uniqueness and creativity to the world.
Confidential document: Kimbia Inc. 2015
Every Day Giving
Confidential document: Kimbia Inc. 2015
How do we minimize on-air fundraising drive program interruption while providing an alternate and supplemental way to support our local PBS station?
Challenge
Confidential document: Kimbia Inc. 2015
• Online Giving Campaign: Utilized crowdfunding techniques including social media, email campaigns, the use of urgency and incentives
• Peer-to-Peer: Encouraged viewers/donors to become personal fundraisers and encourage their friends to give as well
Solution: #YourKLRU
Confidential document: Kimbia Inc. 2015 11
Confidential document: Kimbia Inc. 2015
• Email Ø Messaging strategy focused on
communicating a sense of urgency Ø 47% of site conversions came from email
• Social Media Ø Engaged viewers and donors around
#yourKLRU hashtag Ø 27% of site conversions came from social
• Incentives Ø Program included giveaways for anyone who
donated during specific times or engaged in social media campaigns
Ø Challenge matches to double donor dollars
Components
Confidential document: Kimbia Inc. 2015
Social Media
Confidential document: Kimbia Inc. 2015
• Surpassed goal by 89%, raising $94,000 in 5 days
• Increased donor retention • Dropped the cost to raise a dollar from $0.37
in the average on-air drive, to $0.12 in this campaign
• Raised 13% net revenue over KLRU’s June 2014 on-air drive
Results
Confidential document: Kimbia Inc. 2015
• The online campaign resonated with KLRU’s core donor base (60+) Ø Average age of over half the donors was 65.5 (roughly
one year higher than in on-air pledge drive)
• P2P + Social Media = Optimal Results Ø Advocates raised 24% of total revenue via Facebook
posts and brought in 14% of total campaign revenue
• P2P yielded higher net revenue than the average on-air pledge drive
Key Insights
Confidential document: Kimbia Inc. 2015
• Proven best practices established by the giving day leader
• Innovative, easy-to-use technology platform • A robust suite of expert services and support
Ø Kimbia provided tools, strategy and base support
Why Kimbia?
Confidential document: Kimbia Inc. 2015
• While the P2P campaign effectively engaged millennials, the majority of supporters were of the Boomer Generation or older.
Ø 77% self-identified their age as 55+, while 13% self-identified as age 44 or younger.
• Email was the most effective promotion channel.
Ø Survey respondents indicated email as the number one way they heard about #yourklru, followed by on-air spots on KLRU.
• Donors support and embrace KLRU’s new direction of fundraising. The number one reason survey respondents donated to the campaign was to support a new direction of fundraising.
Ø 32% were donors making an additional gift, 28% were new donors, 25% renewed their support and 15% were lapsed donors.
Post-Campaign Survey
Confidential document: Kimbia Inc. 2015
Confidential document: Kimbia Inc. 2015
Looking forward • Supplement next on air-drive with P2P • Test “minimizing” on air-drive by time by
raising equivalent funds via P2P ahead of time
• Recruit donors and non-donors to become more “engaged” constituents: reach into their networks via P2P
• Test incentives in other channels
Confidential document: Kimbia Inc. 2015
Questions?
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Confidential document: Kimbia Inc. 2015
Next Steps:
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Check your inbox for the slides, recorded webinar and KLRU case study!
#KimbiaWebinars @KimbiaInc
Confidential document: Kimbia Inc. 2015
www.kimbia.com#Miriam Kagan#
[email protected]#@miriamkagan#
#www.klru.org#
Susannah Winslow#[email protected]
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Contact Information
#KimbiaWebinars @KimbiaInc