3 people with marching orders

3 Ridiculously Easy Strategies to Boost Fundraising by 27%

3 people with marching ordersI’m excited to share three easy tips with you, and the results are measurable.  Do these things and you’ll be able to tell if they impact your bottom line!

I was inspired to share these ideas with you based on a 2019 study by NextAfter and Kindful looking at how organizations are cultivating donors via email. They found plenty of data-driven ideas that can improve donor retention and boost online fundraising revenue — by as much as 27%!

Think about how much an increase like that could mean for your organization!

That’s right!

“Make way…” for these ridiculously easy, revenue-boosting strategies!

If you raised $100,000 last year, you could raise $127,000 – or more – this year.

And that’s without having to apply for a new grant, hold a new fundraising event or even ask for a new major gift or two to reap these rewards.

All you must do is simply pay a little more attention to your follow-through communication with donors.

Did you know most of the top reasons donors give for not renewing their giving have to do with how you do/don’t communicate with them after they make a donation?– or fail to personally, meaningfully and promptly communicate –

Meaningful, regular donor communication can hugely impact your bottom line.

To make a demonstrable difference in donor behavior, however, your communication strategy must tick more than one box. It must be prompt, personal and relevant to what your donor cares about and how they want to hear from you. Don’t just guess what your donors might like from you. Ask them!  In fact, surveys, social media queries, online quizzes, solicitations for comments and feedback are all wonderful ways to communicate digitally in a manner that personally engages your supporters.

Never forget: The best fundraising is personal.

So… what are you waiting for?

Here’s what the research reveals, and I recommend: 

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Interview exchange

How to Apply Job Interview Skills to Fundraising

My daughter-in-law is interviewing for a job. She asked me for some advice. Here is what I found myself telling her:

Don’t focus on your needs. Focus on the employer’s needs.

Why are they hiring?

What problems do they need you to solve?

Which of your skills are they particularly looking for? Can you describe to them how you might use these skills to help them?

Can you give a specific example, perhaps by telling a story, showing exactly how you’ll help them?

Are you clear what their values are?

CAN YOU DESCRIBE HOW YOU AND YOUR WOULD-BE EMPLOYER (DONOR) SHARE THESE VALUES?

I realized this is the exact same advice I give to fundraisers.

“Ask not what your donor can do for you, but what you can do for your donor.”

Meet your donors’ needs.

This is the heart of all effective fundraising, and it should be your daily mantra.

“Today I will meet my donor’s need by…”

Before you engage in any fundraising strategy, ask yourself:

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Question mark of people

How Jargon Destroys Nonprofit Fundraising & Marketing

I hate jargon. With a passion.

Hate it. Hate it. Hate it.

Just. Can’t. Stand. It!

Yes, I guess you could call it a pet peeve.

But, really, why would you ever use jargon if you wanted to truly communicate with someone?

Just check out the definition:

“language used by a particular group of people, especially in their work, and which most other people do not understand”

— Cambridge dictionary.

Jargon = Failure to Communicate

When you talk to people in words they don’t understand, really, what’s the point?

Are you just trying to make yourself look smart?

Because, trust me, that’s not how it comes across.

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5 CommentsContent Marketing

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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cheerleader

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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Time to Reframe How You Do Nonprofit Fundraising

Or else.

Reframing how you’ve done fundraising in the past is not optional.

It’s time for a change.

You must do it, because fundraising and nonprofit marketing have changed a LOT over the past ten years.  There is absolutely no denying this at this point. You need to adapt. Or suffer the consequences.

If you’re still doing the same exact things you did ten years ago, or even five years ago, it’s time to rethink. If you have leaders who doubt there’s a need for change, simply explain the reasons as I’ve outlined below:

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Show-me-you-know-me.jpg

Show Me You Know Me* — 5 Strategies To Sustain Donor Relationships

Let’s pretend you and your donor are not connecting meaningfully right now. You’re not sure why. Could it be they feel financially insecure…  they’re worried for their kids… they’ve been let down by politicians… they’re just feeling cynical and/or hopeless? For whatever reason, things aren’t singing between you and them. They haven’t renewed. They haven’t upgraded. They haven’t responded to any of your outreach. They seem to have other priorities.

So, you decide to go to counseling to reinvigorate the relationship. The therapist makes a wise observation: Sometimes in life, one partner feels strong; the other less strong. In such times, the stronger partner has resources to support the weaker partner. Other times, neither partner feels they have coping resources. During these times, we have to depend more on ourselves, be patient, and accept that our partner is not currently in a strong position – even though we really need their support.

Are you being a support for your donor? Are you helping, not selling all the time? Are you being patient, yet persistently showing you care?

We’re in turbulent times. Studies show giving to be sluggish. Donors are less loyal. Maybe they’re distracted by emergencies. Or so-called rage giving. Or simply uncertainty about what lies ahead. So they’re giving less consistently. As a result, donor centered fundraising has never been as important as it is now.

People are feeling a need to be nurtured. In other words: Ask not what your donors can do for you, but what you can do for your donors. Recognize they don’t serve you; you serve them. They don’t owe you; you owe them.  Your job is to help them experience the joy of giving. It is through you they will achieve their most meaningful work.

Embrace the true meaning of philanthropy as love of humankind.  Remember your donors are humankind; you must love them if you want to be a part of philanthropy.  Otherwise, you’re just transacting business.

So… what can you do to embrace the love and thereby keep your donors close?

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Beware of a Half-Truth; It May Be the Wrong Half

How do you get to the heart of what’s true and meaningful to your constituents?

It’s very easy. It’s also very difficult.

The easy part is simply to listen. As the old adage goes, “you have two ears and one mouth; use them in that proportion.” Sadly, that’s also the difficult part. Because, too often, we think we know more than we do. So we don’t look too closely. We make a lot of assumptions. And assumptions lead to a closed door.

Too often we don’t genuinely invite response or commentary. So there is nothing for us to listen to. Opinion frequently trumps knowledge.  We say “I know what our donors think and care about better than anyone.” Or the boss says “This is the way it’s going to happen. Period.”

Too often those around us let us get away with this sloppy, self-validating approach.

If you think this may be happening at your organization, read on to see why this can be so damaging to your long-term success.

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TWO Strategies to Tell a Compelling Nonprofit Story

I always tell nonprofits writing appeal letters to tell a story. One compelling, exceptional story.

Actually, you need TWO compelling stories.  We’ll get to that in a minute.

First…

Forget the data.

Forget the history of your organization.

Forget the explanatory prose about your processes.

Forget the list of all your programs.

Forget the superlatives about your longevity, awards, and so forth.

That stuff is compelling only to you. Donors don’t care. It’s just not relevant to them. At least not right away. Donors don’t have time to enter into all your self-indulgence.

Really, most folks don’t have time for you at all.

But…

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