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The Secret to Fundraising: Let Donors to Choose How Their Money Is Spent

The Secret to Fundraising: Let Donors to Choose How Their Money Is Spent

FromThe JM Buzz


The Secret to Fundraising: Let Donors to Choose How Their Money Is Spent

FromThe JM Buzz

ratings:
Length:
3 minutes
Released:
Mar 23, 2023
Format:
Podcast episode

Description

Trying to raise funds? A new Journal of Marketing study shows that letting donors decide which project to fund can boost revenues by more than 40%.

Read an in-depth recap of this research here: https://www.ama.org/2023/01/31/the-secret-to-fundraising-allow-donors-to-choose-how-their-money-is-spent/

Read the full Journal of Marketing article here: https://doi.org/10.1177/00222429221148969

Reference:
Emilie Esterzon, Aurélie Lemmens, and Bram Van den Bergh, “Enhancing Donor Agency to Improve Charitable Giving: Strategies and Heterogeneity,” Journal of Marketing. doi:10.1177/0022242922114896

Narrator: Josephine Stein
Acknowledgments: Aman Soni
Topics: fundraising, donations, charity, charitable giving, agency, fundraising campaigns, choice, machine learning

The JM Buzz is a production of the Journal of Marketing and is produced by University FM.
Released:
Mar 23, 2023
Format:
Podcast episode

Titles in the series (67)

The JM Buzz discusses cutting-edge marketing research. In each episode, we outline a forthcoming article in Journal of Marketing, the premier scholarly journal in the marketing field. Enjoy! The JM Buzz is a production of the Journal of Marketing and is produced by University FM.