Friday, 25 February 2011

Fundraising metrics

I've just done a fundraising campaign for my run up Tower 42 next week, and I've used it to do some basic analytics of how reach turns into donations.

My rough estimates, gleaned from bit.ly links and Mailchimp, are that the click rates for this campaign are:

· Mailchimp emails – 7%

· Ordinary emails – 4.9%

· Facebook – 0.3%

· Twitter – 0.25%

Mailchimp is unsurprisingly high – people have opted in to these emails, know me and the emails are well formatted and likely to actually get delivered into people’s inboxes because of Mailchimp’s reputation. Plus I actually tested them.

Ordinary emails I assume to be a bit lower mainly because there are some people in there who won’t have heard from me for a while, and who may have abandoned their email addresses or only check their secondary email occasionally.

The timing of the clicks on Bit.ly indicates that some people who received both a Mailchimp email and a Bit.ly email were prompted into action by the ordinary email, which came a few days later.

Facebook feels like a bit of a missed opportunity, but the figures may be slightly underestimated since I’ve put in a few non-tracked links to the site.

Twitter also looks like a low engagement channel from my colleague Josh’s metrics on the same campaign too. My instinct is that it’s quite hard to get much emotional engagement from a Tweet.