Thankful for Thanksgiving

Thanks(for)giving

Thankful for ThanksgivingThis Thursday folks in the United States will celebrate what I consider to be the social benefit sector holiday of the year: Thanksgiving!

Just think about what it means.  Literally, it’s a day for giving thanks for our blessings.

Who do you count among yours?

I know when we go around the table at my family Thanksgiving, saying what we’re grateful for this year, most folks respond with a people-based answer. Sure, they’re happy about the feast in front of them. But they’re most grateful for caring friends. For loving family. For being together and sharing the warmth of good company.

Who are you grateful to at your organization?

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4 Nonprofit Strategies to Build Donor Trust & Lasting Relationships

Trust is the foundation of all lasting relationships.

If you don’t build trust, or if somehow you manage to destroy it, you’re going to lose your donor.

Sadly, this happens more often than not.  By now you’re likely familiar with the stats on donor retention from the Fundraising Effectiveness Project.  Only 23% of first-time donors renew. Only 46% of all donors, new plus ongoing, renew.

If you want to improve on these retention rates (and you definitely can!), I’m going to suggest you develop a plan to build trust.

Trust is built not simply by what you say, but by what you do.  Not just once, but consistently over time.

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customer experience

6 Ways to Create a Superior Nonprofit Donor Experience

customer experience

Are you aware that one of the hottest things in for-profit management over the past 5 – 10 years or so is “customer experience?” There’s an entire industry that’s grown up around it.

It’s something that goes beyond customer service.

Customer service is to an outbound marketing world what customer experience is to an inbound marketing world. The former you do to your constituents; the latter you do with them.

You may be asking why this is important.

Post digital revolution, nonprofits must adapt to the realities of inbound marketing. The way people find and engage with you in a constantly connected, networked marketplace has changed. Your constituencies crave interaction. And meaning. And, gosh darn it, they want you to make them feel good!

They want a full-bore, positive experience with you.

Fail to deliver?  They’ll go elsewhere. 

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How to Become a Donor Experience Transformist

If you don’t build donor loyalty over time, you’re really missing out on the long-term value of every donor you bring in. And, guess what else?

You’re working too hard.

Donors come in. Donors go out. Donors come in. Donors go out.

One-time gifts are here today, gone tomorrow.

It’s like being on a non-stop treadmill.  Just exhausting!

But there’s an easy way to catch your breath, and even begin to enjoy breathing again.

Instead of continuing on as a transactional fundraiser, become a donor experience transformist!

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Offer Nonprofit Donors Gratitude Experiences, Not Tote Bags

I_don't_need_no_stinkin'_tote_bag_001I often say “if you want gifts, you must give them.”

I want to “clairify” that I mean this somewhat metaphorically.

I mean you shouldn’t focus only on getting, but also on giving.

Your relationship with your donors shouldn’t be all take, take, take.

That being said, most donors don’t want a lot of “stuff.”  They particularly don’t want expensive and/or useless stuff.  In other words, you don’t have to give them tangible gifts of tote bags, coffee mugs and socks.  Instead, consider giving them “gratitude experiences.”

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Cookie Monster when his name is misspelled

Donor’s Lament: You Didn’t Thank Me Properly

Cookie Monster when his name is misspelled

Everything I learned about saying “thank you” I learned from:

According to Burk’s research from Donor-Centered Fundraising, more than 80% of thank you letters start with “Thank you for your generous gift of…” or “On behalf of the Board of Directors, thank you for your generous gift of…”

Y  A  W  N

  • Want to stand out?
  • Want your donor to actually read your letter?
  • Want your donor to feel good about the decision they made to invest in you?
  • Want your donor to feel warm and fuzzy inside?
  • Want your donor to say “Aw, that’s SO nice!”
  • Want your donor to feel the opposite of bored?
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Wisdom from My Mom to Supercharge Your Fundraising

 

Why and How to Invoke the Power of Thank You

My mother was known for having impeccable manners. At her memorial service, it seemed as if every other person who shared a memory talked about her manners. They did so not in a nitpicking way, but in a loving way.  It seemed she always knew just the right thing to do to show her appreciation.

Maybe that’s why I love writing thank you notes.  Seriously, it’s my favorite thing to do in all of fundraising.  And it’s undoubtedly why, when I first heard Penelope Burk speak in 2001, it completely changed my approach to the practice of donor development.

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8 Top Ways to Send Nonprofit Donors Love on Valentine’s Day

Valentine’s Day offers the perfect opportunity for donor stewardship!

And you’ve still got time to send a little love your donors’ way.

Why might this be something for you to consider, amidst all the other “to-do’s” on your plate?

If you don’t do a lot more donor loving, you’re going to do a lot more donor losing.

I hope by now you know donor retention is the name of the game. It costs so much more to acquire a new donor than to keep an existing one. Yet too few nonprofits have serious, intentional donor stewardship programs in place. Because of that, on average, nonprofits lose more than 8 out of 10 first-time donors and more than 6 out of 10 ongoing ones.

Don’t be one of those organizations whose donors only hear from you when you want something from them.

Be generous, and show them how much their support means to you. Do this frequently, like it’s part of breathing for you.

They love you, and show you.

You love them, and show them.

You’ll be amazed at how a little love can go a long way.

There are 364 other days each year on which you can fundraise.

This year why not dedicate Valentine’s Day to giving, not asking? Think about those donors for whom you’d like to show some special love, because they showed you some. Show them you noticed! It could be:

  • Major donors.

  • Monthly donors.

  • Donors who’ve given faithfully for five years or more.

  • Donors who increased their giving this year.

  • Donors who also volunteer.

  • Board and committee members.

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