Fundraising Challenges Include Gen Z, E-mail, AI

For AccuList USA’s nonprofit fundraising clients and fundraising consultants, 2019 will be another challenging year. Successful direct marketers will need to adapt to changes in demographics, technology and donor targeting, to name just a few trends recently cited by the Donorbox Nonprofit Blog.

Move Over Millennials; Here Comes Gen Z

Donorbox is sounding the alert ahead of the next demographic wave. While the Millennial generation is still the biggest cohort in the workforce, Gen Z is arriving. Born after 1996, they now make up an estimated 27% of the population and will account for 40% of all consumers by 2020. How are they different? The “2017 Global Trends in Giving Report” found that Gen Z members are interested in giving to many different causes, especially those involving youth, animals and human services. But to win the attention of these digital natives, messaging must be concise and engaging, offering an immediate experience that cuts through the marketing noise they routinely filter out. Gen Z is also the first mobile-only generation, so website, e-mail and donation forms must all be optimized for mobile. Plus, Gen Z likes visual-based platforms, so fundraising creative should use photos, videos and infographics to tell stories that grab attention.

Donors Expect Hyperpersonalized, Targeted Messaging

Accustomed to sophisticated digital technology that tailors messaging a la Amazon and Netflix, today’s donors expect a personalized, targeted approach that takes into account demographics, giving history and even psychographics. A generic appeal will fall flat. That means segmenting donor and prospect lists and using variable data printing to specialize messaging to account for generational differences and other demographics. It means tailoring the “ask” to the prospective donor’s income and giving history. It means refining giving/donation pages to highlight projects and wording that will resonate with the target donor group.

Donors Embrace E-mail Fundraising If Done Well

E-mail has gotten a bad rap recently because of crowded mailboxes, spam filtering and low response rates, but there is a lot to be said for revisiting e-mail strategy in 2019. For one, research shows that donors willing to donate through e-mail rose from just 6% in 2012 to 28% in 2018. Second, low-cost e-mail has an ROI of 122%, much higher than direct mail, social media and paid search. Finally, a backlash against social media abuses, including among the mobile-first generation, is improving e-mail’s digital appeal. But e-mail needs to be done well to deliver donors. Personalization and targeted messaging is expected, so, again, segment the audience by demographics, desired communication frequency, giving status, etc. Make sure there is a clear call to action, a compelling subject line, simple attractive visual design, and, most of all, impactful storytelling.

AI Can Help Turn Data Into Dollars

Artificial Intelligence (AI) is on its way to becoming ubiquitous in our society, and that will include fundraising. AI broadly refers to programs, computers and machines that perform “intelligent” tasks such as planning, learning, problem-solving, communication and more. AI can help nonprofits gather more data and use it better to advance missions and marketing. For example, one of the simplest uses of AI is a chatbot that interacts via messaging services like Facebook Messenger, Slack, Telegram, etc. A nonprofit can create a chatbot to handle donations, register members and distribute information about programs and services. AI also can be used to personalize donor journeys with tailored, personal messages based on real-time donor behavior and timed to encourage contributions. Finally, AI can weaponize data for more cost-effective donor development and marketing. For example, a donor’s giving and volunteering history, event attendance, affiliations, relationships, and data from wealth screening tools can all be analyzed to predict a potential donor’s likelihood to give a major gift.

See the complete list of eight fundraising trends identified by Donorbox.



fundraising trends for success

How to Boost E-mail Lead Gen for B2B Publishers, Marketers

E-mail is a favorite lead gen channel for business-to-business publishers and marketers that AccuList USA supports with e-mail lists and database services. It’s no surprise that close to 90% of B2B marketers use e-mail to generate new leads when the latest data from the DMA shows e-mail marketing delivers an average $43 return for every $1 spent. But that doesn’t mean B2B e-mails are a guaranteed success. B2B e-mailers may want to benchmark their efforts against a recent infographic from EmailMonks that offers proven ways to help boost those all-important open and click rates. Some of those include:

Personalizing, Segmentation & Preferences

Marketers personalize e-mails because 91% get better open and click rates when they do, and that means going beyond using a first name to targeted, personalized content based on demographics, purchase and browsing history, subscriber interests, etc. Achieving that quality targeted personalization requires good list segmentation; blasting a one-size-fits-all message to the whole e-mail list is a recipe for low response. Segmenting by age, gender, preferences, purchase history and more delivers 14.31% higher opens and 100.95% higher clicks than non-segmented list campaigns, notes the EmailMonks infographic. Executing that personal touch also means permission-based e-mail that respects recipient preferences for how often and when they are contacted, so give subscribers the chance to manage the number and timing of e-mails. But what about before they  subscribe? Data shows that the average B2B recipient is most likely to open a 10 a.m. Saturday e-mail, to click on a 10 a.m. Tuesday e-mail, and to respond to an 8 a.m. Tuesday e-mail. Entrepreneurs and workaholics open, click and respond best to those Saturday morning e-mails!

Winning Subject Lines & CTAs

As the infographic points out, 35% of e-mails are opened based on the subject line alone. What makes up a winning subject line? Brevity is the soul of subject line wit; with 54% of e-mails opened on a mobile device, a subject line of around three words scores higher since most mobile devices can show only four to seven words across the screen. Personalization counts big, too; personalized subject lines are 26% more likely to be opened than general ones. And finally, the content counts; it’s less about click-bait attention grabbing than about a topic that matters to the recipient. Once the e-mail is opened, the crafting of a good call-to-action (CTA) will drive more click-throughs. The CTA should be noticeable and  “above-the fold”; in fact most brands prefer to place a CTA in the top third of an e-mail, and 48% match the CTA colors to their brand logos. Oh, and make sure the CTA links to an effective, mobile-optmized landing page, too.

B2B E-mails to Emulate

Looking for specific examples? SuperOffice, a CRM supplier, offers 17 B2B e-mail templates based on actual successful e-mails for B2B marketers to emulate. The templates include welcome e-mails, curated content e-mails, company announcement e-mails, new article e-mails, video e-mails, product update e-mails, reactivation e-mails, gated content e-mails, webinar e-mails, event invitation e-mails, case study e-mails and more. See https://www.superoffice.com/blog/b2b-email-marketing-examples/