What digital benchmarks can public media and non-profit news organizations use to measure their fundraising success? News and media isn’t included as a separate category in most research on the non-profit sector, so it’s interesting to see the new 2017 Benchmarks report from marketing company M+R.
This is the tenth year M+R has published a non-profit benchmarks report, but it’s the first time they’ve broken out public media as its own sector.
“We have wanted to include public media participants for a while because they are a sector that we’re not tracking,” says lead writer Will Valverde.
So far, just four public media organizations are represented: KQED, Louisville Public Media, New England Public Radio, St. Louis Public Radio. All four have news operations, and two have direct connections to non-profit journalism. St. Louis Public Radio merged with non-profit The Beacon in 2013, while Louisville Public Media operates the Kentucky Center for Investigative Reporting. KQED is also a frequent collaborator with non-profits, including a story with the Food and Environment Reporting Network that won an Edward R. Murrow Award in 2016.
What can we learn from the digital metrics of those four public media stations and how they compare to the non-profit sector as a whole?
Monthly giving
Public media does far better with monthly giving than any other group of non-profits. Public media brought in 31 percent of its total online revenue from monthly gifts in 2016. The next-best group was animal welfare groups, at 23 percent, with an overall average for all non-profits at 17 percent of total online revenue.
That’s a good sign for public media.
Monthly giving as a percentage of total online revenue
“They have a head start on where we are seeing the industry go,” Valverde says. Monthly giving is growing faster across the board than one-time giving, according to the report. And of course it fits with consumer trends in media and entertainment, whether you look at Netflix, Spotify, or digital newspaper subscriptions. You might even say this is where public media and Juicero, the juicing technology company and recent subject of internet memes, have something in common.
Average monthly gift
The average monthly donation to public media also compares favorably. An average monthly gift was $81 in 2016. It was $107 in 2015. The average gift for all non-profits was $27, just a third as much.
Email performance
Comparing email metrics also shows an interesting difference between public media and other kinds of non-profits. For the sector as a whole, email open rates fell in 2016 by more than 7 percent. Open rates on advocacy emails were hit especially hard: down 13 percent from a year earlier. That all coincides with an increasing volume of email from non-profits: “On average, non-profits sent 24 fundraising email messages per subscriber in 2016, along with 20 advocacy messages and 11 newsletters,” according to the report. That’s 10 percent higher than 2015.
But in comparison, public media emails perform very well.
Public media emails have the highest median open rate, at 19 percent, and the second-lowest median unsubscribe rate, at 0.12 percent. Public media newsletters are opened at an even better 22 percent clip. Other kinds of non-profits perform far worse with their email messaging. That suggests that public media emails are significantly higher quality than emails sent by other kinds of non-profit organizations, at least among the small sample size in this year’s report.
It looks like there is a financial benefit to having better emails, too. The open rates on fundraising emails from public media are also the highest in the report. The report shows that public media draws 10 percent of its total online revenue from email.
Fundraising open rates
Web metrics
Public media doesn’t excel on every digital metric, however.
It starts to look a lot worse when you compare how well website visitors are moved up the ladder engagement to be subscribers and eventually donors. First the good news. Website traffic in 2016 for public media was up 16 percent. That’s almost certainly the result of 2016 election coverage that juiced traffic for every kind of online news site. For all non-profits, traffic growth in 2016 was a more sober 3.6 percent.
Where public media falls short is turning that traffic into something more.
The website donation conversion rate for public media is 0.29 percent and the revenue per website visitor is $0.16. Here’s how those numbers compare to all non-profits:
Website donation conversion rate
Revenue per website visitor
Social media
A major finding of the report is that the average non-profit has 428 Facebook fans and 141 Twitter followers for every 1,000 email subscribers. In 2016, the average number of Facebook followers for non-profits grew by 23 percent.
Public media has more Twitter followers than Facebook fans, both in absolute terms and relative to other kinds of non-profits, which tend to have a larger audience on Facebook.
How about engagement on social media? The median engagement rate for a public media post on Facebook was 3.9 percent, compared to a median of 4.6 percent for all non-profits. The median engagement rate on Twitter was around 1.2 percent for public media and the non-profit sector as a whole.
One final metric does stand out. “The other really interesting thing we found for public media, their Facebook reach as a percentage of their Facebook audience size was really high,” Valverde says. For non-profits overall, for every 1,000 Facebook fans a typical post will reach 225 people. Public media does much better:
Earned reach average (reach per thousand fans)
For next year, M+R wants to increase their sample of public media and non-profit newsrooms. Here’s what they write:
“Public Media non-profits reading this: you can help. Join next year’s Benchmarks Study (email us at [email protected]) to embiggen our sample size! The more Public Media participation pledges we get now, the sooner we can stop this recruitment drive. Thank you!”
Jason Alcorn (@jasonalcorn) is the Metrics Editor for MediaShift. In addition to his work with MediaShift, he works as a consultant with non-profits and newsrooms.
