Your Secret to Mindblowing Fundraising – Improve Donor Retention Just 10%
Imagine what it would mean to your mission if you doubled the lifetime value of all of your current supporters.
Do you know even know what percentage of donors you’re retaining?
According to Jay Love, founder of Bloomerang, less than 45% of fundraising offices know this answer!
So, you’re not alone. But you can do better.
Because knowing your retention rate enables you to move it to something better.
And I’m going to guess, if you’re like the majority of nonprofits, you probably need to improve your donor retention.
At least if you want to grow.
Or maybe even just survive.
Just a small change in retention, up or down, can mean thousands of dollars.
It’s your choice whether they’re your gain, or your loss.
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