Political campaigns and nonprofit causes are always seeking to acquire new "good" e-mail addresses to grow and sustain their lists. Campaign marketers should be interested then in a two-part study provided by Jesse Bacon to epolitics.com. Bacon, of PowerThru Consulting, looked at an environmental cause client's data to tease out which e-mails by acquisition route offered the best performance in terms of cost-effective response. He compared three common ways that political and advocacy campaigns acquire e-mails: 1) paid acquisition; 2) online advertising, including social media (in this case study, Bacon focused on Facebook ads); and 3) list exchanges with like-minded groups. He found that e-mails from swaps led performance in terms of open rates, click rates and click-to-open ratios. Paid acquisition came in second, and e-mails from Facebook ads came in last in opens and clicks, although they still performed above industry average and so were a potentially viable way to build an e-mail list because of Facebook's low cost. The next part of his analysis looked at how those same e-mail acquisition groups performed in terms of fundraising dollars over an 18-month period. Here list exchanges really shone, contributing 45% of new members but 66% of all funds raised. Facebook was the bottom performer, accounting for 22% of the new members but only 10% of funds raised. When it comes to donation per member by acquisition source, Bacon found that swaps and acquisitions both performed about the same in terms of the average gift (between $19 and $20), while the Facebook members were less generous, with an average gift just over $15. For more detail, go to http://www.epolitics.com/2014/07/22/email-acquisition-performance-part-2-who-pays-the-bills/
Whether you promote a cause or a candidate, Beyond Voter Lists President David Kanter's targeting tips are designed to help you win generous donors, committed special-interest group members, influential private-sector leaders, and activists across the political spectrum. We welcome sharing of your comments and success stories. Please read our Comment Policy.
Showing posts with label list exchange. Show all posts
Showing posts with label list exchange. Show all posts
Tuesday, August 19, 2014
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