Conscious compassion

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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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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Figure on treadmill

You Control Nonprofit Donor Retention

Are you caught in the trap of transactional fundraising?

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!

There’s a 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!

Receipt of the gift is the beginning, not the end.

Before you can create a transformative donor experience, you must undergo a transformation of how you think about donor acquisition and retention. If your holy grail is simply getting the gift, you’re missing the point.

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Thankful for Thanksgiving

Happy Days of 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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Man running with money

#GivingTuesday: It Ain’t Over ‘Til it’s Over

The absolute worst thing you can do the day after #GivingTuesday is nothing.

As tempting as it is to let out a sigh of relief that it’s over, resist that temptation.

It’s not time to relax yet.

Nothing comes of nothing.

And a huge part of your goal with #GivingTuesday should be to strengthen your bonds with donors. That’s the real something you’re after.

It’s not just about the money you raise today.

Your goal with any fundraising strategy is to retain and, ultimately, upgrade these transactional donors. The name of the game in the business of sustainable fundraising is lifetime donor value. [Here’s a great book on the topic: Building Donor Loyalty: The Fundraiser’s Guide to Increasing Lifetime Value.]

Treat #GivingTuesday as a Special Event

Like it or not  #GivingTuesday is a ‘special event.’(And I don’t really like it, which is why I recommend #GratitudeTuesday as an alternative).You likely put a fair amount of planning, resources and time into this event, involving the attention of more than one staffer and/or volunteer. And it sucks time away from almost everything else in the week(s) leading up to it.

It can be a real drain.

Your job is to put a stopper in that drain so all your hard work doesn’t simply swirl down the drain and disappear. That’s like working super hard to create a delicious soup you simmer over the stove for hours, maybe even days, and then you take one little taste before you pour it out and start all over again with a new one. Endless work. And no one really gets to enjoy the meal.

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Not all Holiday Fundraising is Created Equal

Who doesn’t love a holiday?

The very word conjures up notions of celebration, warmth and love.

If you’re a donor-centered fundraising practitioner, you’d be a fool not to take advantage. Why not tap into pre-existing positive vibes to increase the chances your appeal will be warmly received?

After all, if you can channel something positive that’s more or less universally felt, this gives you a leg up. It puts your donors in a giving mood using familiar symbols and traditions.

Except when it doesn’t.

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Transactional Nonprofit Work vs. Transformational Donor-Led Progress

Transactional Nonprofit Work vs. Transformational Donor-Led Progress

Greg Warner of Market Smart writes a lot about the difference between “work” and “progress.” I appreciate the distinction, both professionally and personally. I think you can use this notion, so I’m going to recommend some of his articles to you and also suggest a way to extend this idea to your nonprofit fundraising.

Warner notes in Why You Should Never Get a Job and Go to Work: “work” is tedious and negative; “progress” is inspiring and positive.

This is about being intentional about where you’re going.

It’s somewhat about perception and desitnation, but I’d argue it’s largely about the journey.

Your journey. Your donor’s journey.

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I am grateful

How to Cultivate Awe, Gratitude and Altruism to Boost Nonprofit Fundraising

I’m a huge fan of the Greater Good Science Center at U.C. Berkeley, and often apply their research to nonprofit fundraising and marketing.  A recent article really struck me: How to Find Your Purpose in Life.

Over my 30 years of practice as an in-house development professional, the fundamental thing I learned is this:

You serve your donors every bit as much as they serve your organization’s mission.

Please allow that to sink in.

You have a mission. A purpose. Donors can help you get there.

Your donors are looking for purpose. You can help them find it.

It’s a symbiotic relationship.  And you have a role in fostering that relationship.  What is that role?

Your job is to facilitate your donor’s philanthropic journey. Their journey to discover their purpose.

So what’s this really all about?

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