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Making money On Air at News Stations Liz Weber & Michael Chaplin, WNYC Ed Herbstman, Magnet Theater Jack Callahan, WGBH Jay Clayton, Greater Public August 12, 2016 Shorten or eliminate drives? • 97% of stations get most of their new members during on-air drives • 51% say it’s harder to get new members on air Source: Pledge Drive Practices Survey, 2012 Potential for more givers -- PPM Potential for more dollars - PPM Potential for more givers - diary Potential for more dollars - diary Benchmarks for Public Radio Fundraising PPM calculator Should I eliminate my fund drive? Calculator for PPM stations USE TREND REPORT Membership My station's FY 2015 Net Member/Mid-Level Giving Revenue is: My Net Member Revenue per Listener Hour (in cents) is: My potential Net Member Revenue per Listener Hour (90th percentile/in cents) is: My annual Listener Hours are: I have the potential to earn this much member revenue: Based on what I'm earning now, I'm leaving this much money "on the table:" PAGE 2, LINE 9 PAGE 2, LINE 2 4.749 PAGE 2, LINE 20 $0 $0 We do not recommend eliminating drives if your NET REVENUE PER LISTENER HOUR is 3.9 cents or LOWER Members My station's Listener Hours per Member/Giver are: My potential Listener Hours per Member/Giver are (90th percentile) Again, my annual Listener Hours are: In FY 2015, my station had this many member/givers: My station potentially could attract this number of givers: Based on the number of givers I have, I could have this many more givers: PAGE 2, LINE 4 1,816 PAGE 2, LINE 20 PAGE 2, LINE 14 0 0 We do not recommend eliminating drives if your LISTENER HOURS TO GET A GIVER are 2,400 or HIGHER Benchmarks for Public Radio Fundraising Should I eliminate my fund drive? DIARY calculator Calculator for DIARY stations Membership My station's FY 2015 Net Member/Mid-Level Giving Revenue is: My Net Member Revenue per Listener Hour (in cents) is: My potential Net Member Revenue per Listener Hour (90th percentile/in cents) is: My annual Listener Hours are: I have the potential to earn this much member revenue: Based on what I'm earning now, I'm leaving this much money "on the table:" USE TREND REPORT PAGE 2, LINE 9 PAGE 2, LINE 2 3.299 PAGE 2, LINE 20 $0 $0 We do not recommend eliminating drives if your NET REVENUE PER LISTENER HOUR is 2.4 cents or LOWER Members My station's Listener Hours per Member/Giver are: My potential Listener Hours per Member/Giver are (90th percentile) Again, my annual Listener Hours are: In FY 2015, my station had this many member/givers: My station potentially could attract this number of givers: Based on the number of givers I have, I could have this many more givers: PAGE 2, LINE 4 2,879 PAGE 2, LINE 20 PAGE 2, LINE 14 0 0 We do not recommend eliminating drives if your LISTENER HOURS TO GET A GIVER are 3,900 or HIGHER The Bottom Line PPM -3.9 cents or LESS NET/LH 2,400 or MORE LH/giver Diary – 2.4 cents or LESS NET/LH 3,900 or MORE LH/giver It’s All About the Fundamentals and a bit more Jack Callahan, Dir. On-Air Fundraising WGBH Boston TV | 89.7 WGBH Boston’s Local NPR | 99.5 WCRB Classical Radio Boston August 12, 2016 WGBH Local Development • • • Data-driven department Best practices Innovation is imperative Reexamine fundraising fundamentals • • • Know your audience Evaluate current fundraising performance Identify growth opportunities Expose and explode myths • Deep look at past performance against audience data by day parts. Reset expectations. • “Our donors don’t respond to that messaging.” Three critical steps • • • Planning Preparation Performance One goal WGBH decided upon using one goal, a dollar goal for the drive. A mix of strategies to achieve that goal encouraged sustainer growth along with an increase in new members. Who are we talking to when we open the mic? • Those ready to give but need a reason • People who still need to be persuaded • New members Flash match = brilliance • Reserve until needed • Apply early in hour • Have two deadlines within one hour Results Fall 2015 Campaign 60% 75% Pledged Revenue YOY New Member Rate 40% 1 Sustainer Rate Driven by goal Next steps… Yeah, it sounds familiar • • • Know your audience Evaluate current fundraising performance Identify growth opportunities Making Money On Air at News Stations Liz Weber, Director, On-Air and Online Fundraising, New York Public Radio, New York, NY Michael Chaplin, Digital Fundraising Strategist, New York Public Radio, New York, NY Ed Herbstman, Co-Founder, Magnet Theater, New York, NY August 12, 2016 Tools in the Toolbox: Building a Pledge Drive PRE-RECORDED SPOTS • Highlight our core mission. • Add comedy and variety to the drive. • Relay our business model to listeners. • Provide a transition for coming out of live pitching. LIVE PITCHINGtools that can be used drive after drive. • Evergreen • Reiterate our core mission and business model. • Create a reason to give RIGHT NOW by relaying the day’s promotion or contest deadline. DIGITAL OUTREACH • All touch points reinforce the promotion that is being pitched on air. • Provides incremental traffic and donations. • Evergreen graphics that can be used drive after drive. Pre-Recorded Spots HOST CARPOOL • Distinct sound – multiple voices • Comedy • Relays sustainer giving message SOTERIOS SONG • Distinct sound – unexpected, grabs the listener’s ear • Comedy SHOWER WITH WNYC • Distinct sound – breaks the fourth wall • Comedy • Addresses a barrier to giving MISSION • Distinct sound – multiple voices • Relays station’s core mission • More serious tone Reason to give…Now! MATCHING AND CHALLENGES PREMIUM SPECIALS CONTESTS FREEMIUMS 3 Days in Pledge: Activity Flow 3 Days in Pledge: Online Messaging Pledge Form Splash Pages E-mail Mobile App Social Digital Advertising 3 Days in Pledge: Email Promotions DAY 1 DAY 2 DAY 3 3 Days in Pledge: Donation Form Message DAY 1 DAY 2 DAY 3 3 Days in Pledge: Social Media Promotions DAY 3 DAY 1 DAY 2 Additional Pledge Promotions: Newsletters & App Touts in Newsletters Mobile App Push Notifications Additional Pledge Promotions: Ad Words Additional Pledge Promotions: Advertising Facebook Paid Paid Display Online Giving Breakdown THANK YOU! [email protected] [email protected] [email protected] Speaker Information • Jack Callahan/WGBH Director, On-air Fundraising and Marketing [email protected] • Liz Weber/New York Public Radio Director, On-air and Online fundraising [email protected] • Michael Chaplin/New York Public Radio Digital Fundraising Strategist [email protected] Speaker Information • Ed Herbstman/Magnet Theater • • Co-founder [email protected] • Jay Clayton/Greater Public • Individual Giving Advisor • [email protected] Special thanks to our Platinum Sponsors: