I've been working a few days a week this year with a small charity. So small that when I asked at the interview "what's my marketing budget" they said "what marketing budget?". So I'm getting a chance to flex my "total and utter zero" budget muscles.
And in a very, very competitive market. There are 19,000 charities in Australia - and an estimated 680,000 other "not for profit" organisations out there. That's a LOT of organisations hitting up a very small population.
One little campaign I've run this year - providing a
1500% return on investment - reminded me the power of
ASKING for things - be it a
sale, a
donation or a
favour.
A little background...
This charity (
Western Chances) attracts most of its funds from Foundations and business donations. But it had never written to the people in these businesses and foundation AS people, as individuals.
So I thought, what can it hurt? After all, I tell people in business they can get more blood out of a stone when it comes to selling a product or service, so why not when it comes to selling "feeling good" by donating to a charity?
We didn't have a large database to start with and then the list was whittled down further, as some people just weren't appropriate to hit up again.
I ended up with a very short list of just 250 people.
I did a bit of an estimate and thought I'd probably be able to raise around $1,000. Not earth shattering, but every little bit counts.
As I didn't have any cash, I couldn't do anything fancy with design or brochures. I had to write a good old-fashion letter.
And I didn't re-invent the wheel. I used a great letter writing guide provided to us (free) by
Our Community to work out the structure. I included a specific appeal we were working towards and a true story from one of our beneficiaries in the letter.
Then I laid out in Word a one page donation form, with some specific amounts people could donate and what it would translate into. And I'm no graphics whiz, I just made sure it allowed for everything I needed to capture information and make it easy for them to donate.
Then I had the issue of postage. So I continue on the "if you don't ask, you don't get" trail and made a phone call request to a larger corporate supporter, which landed us a committment to send the mail-out for us. So the "real" cost to the charity was about a day of my time, 500 sheets of paper and 250 envelopes. Let's say an even $500.
So the letters were mailed and I thought...let's see how we go. If I can double the investment, it will be a good result.
So how did we go?
Well, we ended up making awhopping $7,500 from those 250 letters. More than 7.5 times what we expected to make and 15 times what its cost was - a 1500% return on investment.
And if it had bombed? Well, we were only out $500.
And an interesting thing happened. It wasn't a lot of small donations - it was around 15 larger ones. So the same list will be worth targeting in another 6 months, as I only need another 15 generous people - 6% of the list - to donate and possibly hit a similar target.
So I've said it before, and I'll say it again.
If you don't ask, you don't get!