Tuesday, June 24, 2014

Donor List Rental Still Top Political Fundraising Tool

Donor list rental is still the leading tool of political fundraisers despite hype about social media and online politicking, reports a recent Advertising Age article. The list-rental dollars in this year's elections are indicative: The National Republican Congressional Committee already has spent just under $200,000 to rent the Romney 2012 e-mail list from Targeted Victory, a consultant for Romney's digital campaign. The Democratic National Committee has put a $190,909 per month value on the Obama for America list, and the Democratic Congressional Campaign Committee told the Federal Election Commission (FEC) it used $135,000 worth of the same list twice in April. While the Obama and Romney lists may be among the largest, they are hardly the only lists being rented per FEC reports. Candidate campaigns and advocacy groups are renting lists of online petition supporters, campaign event attendees, donors to specific nonprofits or political candidates, left-leaning subscribers to The Nation and DailyKOS.com or right-leaning subscribers to Newsmax, and so on. The primary season is especially rife with donor list rentals as lesser known candidates vie for cash to support upcoming election bids. Why are donor list rentals so key? Can't the data wizards extract targets from public voter data using known-donor profiles? "You can build predictive models of likelihood to be a donor using your list of donors and lists of people who have not donated to you," Alex Lundry, senior VP at GOP data analytics firm TargetPoint Consulting, acknowledged to Advertising Age. But he then added, "That will never perform as strongly as just going out and renting a list of people who have given before to another campaign."A person's history of donating is the best predictor of another donation, the political direct marketers agreed. Read the full article at http://adage.com/article/campaign-trail/world-campaign-tech-list-rental-a-force/293714/

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