Creative Peer to Peer Fundraising By Alison Hagan What is Peer to Peer Peer-to-peer fundraising is asking people to raise money for your cause Why event fundraise? • Less influenced by the economy • Indirect ask for money • Compelling • Extend reach: community, volunteers, participants • Diversify revenue channels • Participants are doing your job for you Why event fundraise? • • • • • • Engage on a different level with the cause Attract people not necessarily invested in cause Media attention and awareness Sponsorship opportunities Build Brand Cost is now lower with online • People will fall in love with your organization Event types • DIY • Endurance (marathons) • Cycle • Runs (5 or 10 k) • Walks • Virtual Campaigns Top 10 Events in Canada 2015 Enbridge Ride to Conquer Cancer: $40.1 million down -5.4% Relay for Life: $34 million down -19% CIBC Run for the Cure: $21.5 million down -12.2% The Terry Fox Run: 19.4 million down -2.3% Jump Rope for Heart: $14.6 million up 19.6% Movember: $14 million down -39.3% MS Walk: $9.6 million down -8% MS Bike: $9.1 million down -5.3% Big Bike: $8.8 million down .17% Shoppers Drug Mart Weekend to End Women’s Cancers: $7.5 million down -2.6 Canada’s Top 30 Revenue decline in 2015 Money Raised: $251 Million in 2015, down 9.5% from 2014 Participants: almost 5 million, same as last year 2015 Peer-to-Peer Fundraising Canada 2015 Top 30 Benchmarking Study What makes an event successful Event Experience What is the look of your event? Brand Partnerships Relationship management Audible experience Team program Prizes Volunteer engagement Go to large events to learn Define Your Brand Walks are not about the event. They are about the cause. video Johnson MS Bike – Leduc to Camrose • 2000 cyclists • $2.2 million • Established 28 years ago • Started with 116 cyclists Reasons for Success: • • • • • • • • First bike tour out the gate in Alberta Well established Know our market demographic Focus on relationship management Dedicated staff for logistics and to team program Exceptional volunteer committee Provide quality event experience Unique: Lower minimum fundraising than our competitor • video Media • Challenge: lack of marketing dollars • Create partnerships with media video www.partnershipgoup.ca Relationship Management • Encourage new participants to start a team or join a team • Team captains are gold • Set fundraising goals Recruitment • • • • • Stuff Incentives Early bird draws graduated registration fees guaranteed incentives Retention • • • • phone calls team visits pre events partnering with other organizations Attracting New Participants • • • • Corporate Teams Media buys Social Media Recognition Programs • Create clubs • Create experiences • Create opportunities Recognition on event day • Different colour pinnies • Top teams leave first • Rider Village for teams • Recognize long term riders • Announce names at finish • Professional signage (not church basement signs) • I’m walking for, riding for pinnies Impactful Experience • How you tell your story • Share your mission • Inspire your participants Focus on Fundraising • Returning raise more than new • Team captains have the most revenue return • Walkers who send emails on average raise $418 compared to non email senders who raise $65 • Online fundraising raises more than offline • Encourage participants to pledge themselves first • Participants are not experts on fundraising. Train them how to fundraise. Be specific What is the secret to success? Teams To charge or not to charge • • • • $0 fundraisers Educate team captains Ask participants to fundraise Once they start, they find it easy 80/20 rule Measure your Success Staffing Volunteers References Beyond the Numbers: Lessons from the Peer-to-Peer Fundraising Canada 2014 Top 30 Benchmarking study Contributors: Beyond, hjc, Peer-to-Peer Fundraising Canada and Ramp Communications The 2014 Blackbaud Peer-To-Peer Fundraising Study Amp Up Your Peer-to-Peer Fundraising June 2015 by Amy Braiterman and Shana Masterson The 2013 Blackbaud Peer-to-Peer Fundraising Study: Key Performance Indicators for Online Participants by: Loyalty, Donation Level, and Fundraising Performance by Amy Braiterman, Katie Beth Deschepper and Bryan Snyder The Participant Gears: Understanding Why People Participate in Peer-to-Peer by Plenty Consulting PeerToPeer Fundraising 30: 2015 Trends & Insights by Plenty Consulting The Expansive Impact of Peer-to-Peer Fundraising: How to Make the Most of the Growing Movement by Plenty Consulting The Essential Guide to Peer-To-Peer Fundraising: Key lessons from the Peer-to-Peer Professional Forum Copyright 2015 Cause Marketing Forum Inc. More From Many: Creating Powerful Peer-to-Peer Movements by Plenty
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