Tuesday, August 19, 2014

Acquiring Political E-mails for Best Response, Dollars

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/

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