GoFundMe’s Winning Audio Campaign
A Conversation with Dina Rickman, GoFundMe’s Senior Director of Consumer Growth
GoFundMe launched an international audio advertising campaign with SMI last year, which has seen meaningful success. In particular, SMI-written-and-produced testimonial podcast ads “Mira,” “Mackenzie,” and “Juan,” have driven a never-before-seen ROAS for the brand. I sat down with Dina Rickman, GoFundMe’s Senior Director of Consumer Growth, to talk about why SMI’s audio ads are resonating so strongly with podcast audiences.
Mira
Mackenzie
Juan
Do you have a personal favorite ad SMI has produced?
My favorite ad is “Juan” because it so clearly encapsulates what you need to do on GoFundMe. I think what is really clever about it is how simple it is. I don’t think it’s something I would have written myself, because I’m so close to the subject matter. So working with SMI and knowing they have experts like you who are able to write that is really special and a really special value add that SMI has.
It really takes you beyond a marketing agency to the level of thought partner and strategic ally. So I thought that really helped us move the needle and provide a model of how we can really drill this down for the everyday person who doesn’t know this subject as intimately as we do.
Can you talk a little bit about the results you’ve been seeing since you started advertising with SMI? Why do you think these ads are resonating with audiences and inspiring people to start their own GoFundMe?
One of the main things that happened was one of our executives mentioned that his mother was like,”Oh my God, I heard the ad.” Lots of people have said, “I heard the ad and I loved it!” I think that’s when you know your creative is really being able to cut through [the noise] because people actually talk to you about it and say that they loved it.
Since launching GoFundMe’s audio campaign with SMI, you’ve since expanded your advertising internationally. You’ve run in the UK, Germany, Australia, Canada, and Mexico. How does the international campaign look at this point?
Similarly good. The UK program is 43% over the ROAS target on fully mature results.
We’re already encouraged by early signals in Mexico. Based on current trends, we’re projecting a ROAS of 3.6x our KPI target. All of it has been really strong.
How do the results you’ve seen with audio compare to results you’re seeing on GoFundMe’s other channels?
We’ve tried quite a few other things. We’ve tried quite a few other channels. And it surprised me with how well these produced podcast ads are doing compared to what we’d typically expect from a new channel. Normally, you test a channel and you kind of have to lean into it, and you don’t know if it’s going to work. But with this channel, you could clearly and immediately see the impact and it was extremely exciting.
It was hard to predict this could be such a win, but I am delighted that it is. The creative is 60 seconds, and you can really tell a story there, so I think that might be why it’s so big for GoFundMe because GoFundMe is all about storytelling. Audio is a key channel for us.
What are your hopes for future audio advertising with SMI?
We were looking at creative, and it’s had a max of 1.9 ROAS, but as of early May we were getting a 4 ROAS with the “Juan” ad. We can really push this format, and I feel like the more we work together, the more we’re going to learn together.
I was looking at our metrics and we’ve had 170 million impressions since we started advertising with SMI. I think that’s important because we’re reaching people with a message that we’ve never been able to reach them with before, and we expect that to compound over time.
So we’re really excited about the channel and really delighted to be working together. I don’t think this could have happened with any other agency doing a different thing. I think there’s something specific to SMI and how we’re working together that makes it work. This is a true partnership.