« Show Me the Money: Download the Presentation | Main | Will Open Source Social Networks Eventually Replace Facebook? »
Wednesday
May262010

Size Matters

This cartoon is by Courtney Gibbons.  

I know. It’s crude. But at least I’ve got your attention. 

At Care2, we spend our days helping nonprofits of all stripes grow their email lists so that they can acquire new members, donors and advocacy supporters.  At the risk of stating the obvious, I thought it might be worthwhile to explain the raison d’être behind our dogged pursuit.  

Here are 4 reasons size matters in email marketing.  Hopefully, they inspire you to quadruple the size of your online list! 

1.  Bigger lists = More dough!
According to the eNonprofit Benchmark Study by NTEN and M+R Strategic Services, “One of the key determinants of grassroots strength is the size of an organization’s deliverable email list.  A larger list allows for greater success in just about every sphere of online engagement, from fundraising to advocacy to viral recruitment.  And, since managing a 100,000-person list takes nearly as much effort as managing a 1 million-person list, economies of scale make larger lists even more valuable.” 

It’s not sexy, but online fundraising is a numbers game.  The more folks you’re able to solicit, the more donations you’ll get.  End of story. 

2.  Bigger lists = More leverage with legislators.
Got 10,000 petition-signers behind your cause?  Great!  Got 100,000? Even better. 

3.  Bigger lists = More opportunities for peer-to-peer fundraising.
People trust their friends at least as much – if not more than – they trust institutions. 
We know this and need to encourage more donors to spread the love to their friends.  A larger list helps you do this with even greater gusto.  Imagine having the opportunity to tap into the networks of tens of thousands of donors. 

4.  Bigger lists = More exposure when disaster strikes.
Don’t wait until the next earthquake, tsunami, legislative screw up or political scandal to build your list.  Start now, so that you will be ready when #&!* (bad stuff) happens.  This may sound self-serving.  It is.  Be smart.  Engage prospective donors and advocacy supporters now so that it’s easy to mobilize them when your story hits the news. 

Any math majors out there?  We’ll send a FREE copy of Switch: How to Change Things When Change is Hard to the first person who can decipher the cartoon above.  Leave your explanation in the comments. 

 *Jocelyn Harmon is the Director of Nonprofit Services for Care2.

You should follow Frogloop on Twitter.

 

 

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.