A very good idea

A very good idea

Ruth Wicks explains how RFDS (Queensland Section) and a group of forward-thinking agencies worked together to transform traditional ways of generating and converting bequest leads

Bequests, legacies, gifts-in-wills —whatever terminology you prefer, this critical fundraising channel has always been the quiet achiever… until now. 

For as long as I care to remember, the main way to generate bequest leads has been through the tried and tested survey or DM activity to gauge a donor’s level of interest and push them through the funnel from interested, to considering, to intending, to confirmed. When I worked on the charity side, this was what worked. And if it ain’t broke, don’t fix it, right? Wrong. 

We know that innovation is not always about the bright and shiny new thing. It’s about taking what we do and making it better — reinventing ourselves and our approaches, testing, tweaking and pivoting (yes, I said it) so we can increase our impact on the world. 

That said, it takes guts to try something a little different — and to be honest, a little complicated — especially when your program is already widely regarded as one of the best in the business.

Royal Flying Doctors Service (QLD Section) currently brings in $6.1 million in bequests per year. They are an inspirational organisation and they are great at what they do. But they knew they needed to do something else beyond new donor acquisition to find more bequestors. 

RFDS were brave enough to undertake a pilot that relied on their existing donor base to identify new prospects. 

That pilot involved a multi-stage, cross-channel journey developed by More Strategic and Cornucopia. The journey incorporates two key elements: 1) an integrated supporter engagement survey (SES) with a new approach to identify propensity in non-traditional audiences and engage them in a personalised nudge journey; and 2) a calling campaign targeted at the best and most engaged prospects.

So the first step in the pilot was More Strategic’s supporter engagement survey, which goes well beyond a ‘bequest lead’ generation approach (and yet still delivers around 15% of respondents as bequest leads). We used sophisticated, highly personalised and engaging surveys to: identify and qualify bequest and mid-value prospects; create segments that inform who we talk to, what we talk to them about and what message frame would influence their behaviour; deliver dynamic and tailored experiences to donors and nudge them to their next ‘move’; and benchmark RFDS against other charities.

So far, so good. But what about the people who didn’t respond? That’s where the second stage came in — the IDEA approach. This approach involves four steps:

Step 1: Insight 

In partnership with Lemontree, we combined the past behaviours and transactional propensity score from RFDS’ database with commercial and charitable data to devise a propensity score for each donor in their universe. We then selected the best 11,000 prospects for bequest giving and appended details to them (on average we can append 50-70% of mobile numbers and 20% of email addresses to improve contactability).

Continue reading the full article in F&P magazine to learn more…

LemonTree and its data-driven fundraising solutions for the NFP industry ft. Niharika Singh

LemonTree and its data-driven fundraising solutions for the NFP industry ft. Niharika Singh

You work closely with the LemonTree team to grow and develop the LemonTree solutions. Why is this so important?

The product LemonTree has been a first mover of providing data-driven fundraising solutions in the industry. Even after seven years, it is still one of the most unique value propositions available to the market and has immense potential. Working with the LemonTree team has been fulfilling for me both in terms of personal and professional growth.

From a personal growth perspective, working with not-for-profit clients has opened my mind towards their philanthropic objectives. Interacting with the fundraising managers on a daily basis demonstrates the hard work they put in to make the world a better place.

In terms of professional growth, working on this product has encouraged me to wear many hats at the same time. Even though I was hired only to streamline the delivery of jobs, I have been given the opportunity to participate in product improvement, resource management, project management of the jobs, and support marketing initiatives of LemonTree. Such a vast experience with a steep learning curve is something I cherish and am grateful for. It has motivated me to wake up and thrive for the greater good of the product and hence, its members.

Therefore, it won’t be wrong to say that the growth of the product LemonTree has encouraged me to grow with it. The above mentioned are two of the many reasons which encourage me to constantly improve and develop the LemonTree solution and will always do.

– Niharika Singh, LemonTree Fulfilment Manager