4 Ways to Consciously Keep Donors Connected

Conscious compassionWhen people give to you for the first time, often they know very little about you. Perhaps they found you through a link on social media. Or organic search. Or through a friend who emailed them a link to your appeal.

They were inspired to give, once, based on whatever they saw or read.

What happens next is critical.

Either you’ll inspire donors to stick with you, or you’ll depress their enthusiasm through benign neglect.

I say “benign,” because I’m sure you don’t mean to mistreat your supporters. Nonetheless, I’m willing to bet many of you do.

  • Perhaps donors make a gift online, and are not immediately taken to a thank you landing page that reassures them their gift went through.
  • Perhaps you send donors a deadening thank you email that looks like a receipt.
  • Perhaps your generic thank you doesn’t tie back at all to the reason they gave.
  • Perhaps your thank you talks all about your organization, rather than about how your donor is a hero.
  • Perhaps your thank you focuses on the amount of their gift and its tax deductibility, and fails to mention specifically what it will accomplish.
  • Perhaps your email thank you lacks the personal touch you put into your mailed thank you letters.

Here’s the deal: Donors are looking for meaning. If your thank you and subsequent donor communications don’t give it to them, they’ll dismiss you and go look for meaning elsewhere.

All donors have questions they need you to answer for them. If you fail to answer these questions you fail to lay the groundwork for developing a positive, ongoing relationship.

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4 Keys to Raise Money in Today’s Social Nonprofit Fundraising Environment

keys 4 Pixabay-791641_640Wondering where fundraising is heading in our highly networked, overly saturated, noisy-as-all-get-out post-digital revolution world?

It’s a bit of a jungle out there, with so much competition for attention — for-profits, other nonprofits, political campaigns, friends, family.

It’s a wonderful time to seize the opportunity to put in place a system that values multiple voices.

Truly, if you’re able to really show people how much you value them, you’re going to rise to the top of the heap.

Of course, sometimes it’s easier said than done.

Today we’ll explore 4 keys to raising money in our socially-revolutionized zeitgeist.

Bad News/Good News:

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Leverage Millennial Marketing Strategies to Woo ALL Nonprofit Donors

Marketin to MillenialsDo you ever worry you’re not doing enough to attract the donors of the future?

Does thinking about how to market to Millennials (who already are the largest segment in the workplace, will be 50% of the U.S. workforce in the next two years, and who will be 75% by 2030, according to the U.S. Bureau of Labor Statistics) fill you with anxiety, because it’s just one more thing to add to your overflowing list?

Fear no more!

Today I’m going to tell you how you can have it all – and with very little extra work.

Don’t get me wrong.  I’m not dissing a multi-generational strategy. If you can manage to treat different types of donors differently, you absolutely will get the biggest bang for your buck by so doing.  However…

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Are You Rocking Donor Retention 101?

It’s doubtful you are unless you’re making robust use of your donor database for this purpose.

In other words, you must make this a TOP priority.

Retention lives or dies in how effectively, or not, you use your database to support your relationship-building, loyalty-driving efforts.

If you think of your database as a largely undifferentiated mailing list, you’re not going to realize your potential to:

  • Boost renewal rates
  • Increase average gift size
  • Upgrade donors
  • Secure major and legacy gifts
  • Recapture lapsed donors
  • … and more!

Really, I just can’t bear to think of you not maximizing return on your investment. And that won’t happen unless you focus on donor lifetime value.  And lifetime value will be very, very small — unless you retain and upgrade donors over time.

There are 5 Keys to Donor Retention

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How to Use Donor Personas to Identify New Prospects

PersonaYou love your current donors, right?

You want more just like them, right?

The best way to find folks similar to your current supporters is to begin by creating a profile of who your best supporters are. So let’s go ahead and create a profile (aka “persona”) for your model donor.

Your Surprisingly Easy Way to Use Personas to Discover New Donors

Donor personas are hypothetical “stand ins” for your nonprofit’s actual donors. They enable you to stand in your donors’ shoes and think from their perspective – a pretty handy thing if you’re looking for people who might like to make an investment with your nonprofit!

Begin with demographics.  Then move on to psychographics.

Start with the basics.

Get out a sheet of paper and grab a pen.

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Fundraising Do’s and Don’ts: Email Sharing Strategic Plan

FR_Do's_and_Don'tsI’m continuing with my new, occasional feature of “Do’s vs. Don’ts.” Whenever something arrives in my mailbox that seems a good ‘teaching opportunity,’ my plan is to share it with you. Please let me know if you find it useful!

Today’s example is an email that includes a link to download this organization’s new strategic plan.

I’m a past donor, so I’m assuming that’s why I received it.

Do you think it’s a “Do” or a “Don’t?”

What’s wrong or right with the subject line?

The email arrived with the headline: “Claire, we have big, exciting news to share with you!”

The preview pane continued: “Announcing Opportunity Fund’s bold 5-year strategic plan and a new key partnership…”

  1. Would you open that email?

  2. If yes, why?

  3. If no, why?

I’ll tell you my own thoughts in a moment.  But first…

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Impatience is Virtue: Key to Sustain Nonprofit Relevancy and Fundraising Effectiveness

The late Jerold Panas*, fundraising guru and author of a bunch of books (two of which, Asking and The Fundraising Habits of Supremely Successful Boards, I frequently use with boards to inspire philanthropy), left us with a gem of a final article published on the Guidestar blog: Nurturing Your Potential as a Fundraiser.

It got me thinking.

All of the traits Panas lists (he calls them “verities” that distinguish consummate fundraisers from those who, I presume, just dial it in) are important. I encourage you to read the full list (or even the full book from which they’re excerpted: Born to Raise: What Makes a Great Fundraiser Great).

Today I want to focus on one trait that particularly struck me.

Impatience.

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3 Ways to Remove Psychological Barriers to Philanthropic Giving

If you can remember this acronym, you’ll be able to persuade more donors to join you and stick with you. This is deceptively simple stuff.

And it really, truly works!

Give me a ‘D’ for DOUBTS!

Give me a ‘U’ for UNIQUENESS!

Give me an ‘E’ for EXPECTATIONS!

What’s that spell?

That spells what you must overcome to win over donors!

What’s that spell?

That spells what you owe your donors!

What’s that spell?

That spells what you must meet to show you’re worthy!

Ready to ‘D.U.E.’ it?

Let’s get started!

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Don’t Worry, Be Happy: Useful Life Advice for Nonprofit Fundraisers

I happened recently on an article in the New York Times where the author, David Pogue, asked readers for their very best ‘life advice.’ I enjoyed it so much, I want to share some of my favorite pieces of wisdom with you.  And, of course, I’ll suggest how this might apply to your nonprofit work and work/life balance.

Let’s begin!

Are you over-worrying about a cat stuck in a tree?

cat in treeNot every problem needs to be addressed immediately. Some will work themselves out.

You’ve never seen a cat skeleton in a tree, have you?” When Alexandra Aulisi’s cat couldn’t get down from a tree, her grandmother reassured her with those words, predicting (correctly) that the cat would come down on his own. “This advice made me realize that, sometimes, you need to shift your perception of a problem to see a solution,” Ms. Aulisi noted.

David Pogue, NYT

While it’s tempting to drop everything (e.g., whenever a new email appears in your inbox, especially if it’s someone asking for help), it’s important to assess if this situation actually requires a rapid response. If not, you have options.

ADVICE/OPTIONS:

1. Lil’ Bo Peep: “Leave it alone and it will come home.”

Ever been on vacation and noticed a flurry of emails, back and forth, forth and back, from members on your team?  Often by the time you’ve returned the ‘problem’ – as urgent as it may have seemed at the time based on all the email hyperbole – seems to have evaporated. I’m not suggesting you ignore legitimate, pressing problems; just use common sense and exercise judicious restraint, as appropriate.

2. Could someone else handle this?

I’ll never forget some excellent advice I received (actually from one of the donors I worked with during the years I was a young parent).  While I was stressing about potty training, she told me: “Have you ever seen anyone at college who still wears diapers?  If you don’t potty train your son now, never fear.  His college girlfriend will!”  It was silly, yet made a whole lot of sense. I didn’t need to oversee and micro-manage every little thing. Sometimes things happen on their own time frame. This was a reminder that patience can be a virtue.

Are you having trouble getting started?

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