Problem / Opportunity:
A Masterworks client had historically raised between $60,000 and $70,000 from their major donors in the last 30 days of the year. Based on other major donor results, that seemed low. We saw it as an opportunity to significantly increase revenue with a different strategy.
Successful Strategy:
We recommended and implemented a three-part year-end strategy that included:
Results:
In the first year, revenue increased from $75,000 norm to $194,000. In the second year, revenue grew to $367,000. A 2x lift in major donor revenue in just 2 years!