No Sustainer Left Behind: A Mini-Workshop Becky Chinn LKA Fundraising & Communications Jennifer Halm Capital Public Radio Amanda Rothstein Minnesota Public Radio Acquiring sustainers is just the beginning ➢ Retention Payment method Satisfaction ➢ Upgrades What it takes ➢ Integration ➢ Investment ➢ Constant messaging EFT: CapRadio’s Key for Retention We’ve found that new sustainers paying by EFT (Electronic Funds Transfer) can have a 13-month retention rate as high as 92.4%. CapRadio has leveraged this reliability by promoting EFT as the preferred method for sustainer giving. CapRadio’s Sustainer Payment Trends Currently half of our members are sustainers, with 80% of sustainer dollars processed by EFT. Key tactics for CapRadio’s 80/20 Mix of EFT/Credit Card Sustainers: • EFT sustainers have been branded as Evergreen • EFT is presented as the preferred pay method • EFT is incentivized more than sustainer giving by debit/credit card • Debit/credit card sustainer giving is available, and is used as a gateway for future EFT sustainer gifts What this looks like online: What this looks like online: What this looks like in direct mail renewals to annual donors: What emails to non-sustain ers look like during an on-air drive: EFT Makes Upgrading Sustainers Easier Upgrades can happen without donors needing to provide new payment information, and upgrades are collected with less effort via: • • • • Direct Mail Email Messages linked to simplified web forms Telemarketing During in-bound customer service calls What this looks like in direct mail to current EFT sustainers: What emails to EFT sustainers look like during an on-air drive: EFT Conversion at MPR • Omni-channel campaign twice yearly (January, August) • Similar approach to building Sustainer file • What is the benefit to the Member? • Default payment option • Coordinated messaging across channels • Incentivize with match or challenge First Coordinated Campaign On-Air: 30-second spot aired for two weeks across services Direct Mail: Two drops of mail Telemarketing: Included upgrade ask - Default option in payment recapture Email: Two sends Web: Designated streamlined web form (mpr.org/checking) How’d it go? Since January 2017… • About 8,500 conversions • Steady – high response across channels • 300 Sustainer increases • 80 new pledges • $30,000 in new/increased gifts • EFT rate increased 23% → 34% What this looks like in email: What this looks like in mail: Payment Recapture • Multi-channel approach – Week following declined charge, deploy Mail, Telemarketing, Email • Three month communication cycle; pledge written off at month six – Returns taper dramatically at end of month two Week Payment Recapture Schedule: Effort Week Effort Week Effort 1 Mail Email Phone 2 Mail Email 9 Mail Email 2 Email Phone 6 Email Phone 10 Email Phone 3 Mail Email Phone 7 Mail Email 11 Mail Email 4 Email Phone 8 Email 12 Email What this looks like in mail: What this looks like in email: Thank you! Q&A Key resource: Greater Public Sustainer Toolkit Speaker Information • Becky Chinn Partner, LKA Fundraising & Communications 503.867.8363 / [email protected] • Capital Public Radio Jennifer Halm 916.278.8975 / [email protected] • Amanda Rothstein, Minnesota Public Radio Manager, Direct Membership Fundraising 651.228-4892 / [email protected] Special thanks to our Platinum Sponsors!
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