Single Channel Is Dead
Boy, did Steve MacLaughlin at Target Analytics make today’s post easy!
Here’s the lead from his recent blog post:
“Direct mail is dead. Email is dead. TV and radio are dead. Face to face is dead. Telegraph is dead. Social media is dead. There are so many obituaries being written these days that it’s hard to tell what’s still alive. Is everyone just trying to be clever or are they auditioning for a role on CSI?
None of these channels are dead. Ok, telegraph is still dead despite rumors of a comeback. And there is a continual evolution within each of these communication options. Nonprofits are still improving their use of direct marketing, phone, email, and other channels.
What is dead is the use of one channel at a time to engage people. What is dead is operating in silos of data and systems that don’t play well together. What is dead is mindset that multichannel communication doesn’t apply to your organization. The old ways of planning and managing constituent communication are dead.”
Is this just Steve philosophizing? No … here’s the hard data. Target Analytics convened a group of 14 very large nonprofit organizations and reviewed their online and offline giving between 2005 and 2009. Here are some compelling comparisons of multichannel donors compared to online or offline donors:
“First year retention for multichannel donors was 51% compared to 30% for offline donors and 22% for online donors. Multi-year multichannel donors do even better with 75% being retained versus 59% for offline and 52% for online. The reactivation rate for multichannel donors was 16% compared to just 7% for both online and offline donors by themselves.”
As Steve says, the proof is in the numbers!
Steve preaches the multi-channel gospel fervently … I urge you to read his entire post.
Tom
This is so true! We have seen this in planned giving marketing for quite a few years now. As a planned giving marketing firm for over 48 years we’ve seen, firsthand, the transition from soley print to print & web then baby steps into print, web & email and now we’re seeing smart marketers engage in targeted print with interactive web, trackable email and other tools (purls, microsites, etc…). Those who do these things well are alrady seeing great results!
Ok, that makes sense, but what do you suggest is the best approach for reaching potential customers?