Re-Energize Donor Retention Rate in 2017

Retention rates have been down for non-profits since 2008 and are not improving at 46%.

8 out of 10 New Donors now only give one gift and are gone!

Here are strategies and tactics to reverse that retention rate now!

How to Make the Major Gift ASK

How do you make your donor “Asks”? Does it unnerve you or are you ready to go with enthusiasm, energy, and confidence?

I just finished reading ASKING by Jerold Panas and loved it and share some of his Asking advice with you in this video.

Have great questions for 25% of Ask appointment and 75% designated for Listening! 🙂

Donor Journey to Increased Retention Rate and Lifetime Loyalty

The Donor Journey begins with that first donation!

Did you know that Individual donors account for 72% of all giving? Just think of how much more you could raise if you could retain and upgrade all of your donors. The sky is the limit! It is essential that you take the necessary steps to not only keep your donors but to encourage them to give more.

Retain Your Donors

Your current donors are your low-hanging fruit, your easiest targets. You already know they are invested in your cause and they care about your mission. However, if you don’t handle them correctly, they could very easily take their donations elsewhere. Here’s how to keep them:

  • APPRECIATE THEM!
  • Organize a call unit to make phone calls to thank them for their past donations. Mention how grateful your organization is for their support in each appeal letter. Make sure they feel special and valued.
  • TELL THEM HOW THEY MADE A DIFFERENCE.
  • What did you do with the last gift your donor sent you? Did it pay for 10 children to attend camp? Buy food for 20 families? Sharing the tremendous impact that your donor made on the lives of others will not only make them feel good about their last gift, it will make them eager to give again!
  • Click For Detailed Retention Steps from Capital Business Solutions!

UPGRADE YOUR DONORS

A sure way to raise more money for your cause without even having to find more donors is to get your current donors to give more. Some donors tend to send the same check year after year, while others may jump around based on their personal situation. Here are a few ideas for getting them to upgrade:

  • SUGGESTED GIVING LEVELS
  • How will your donor ever know that you could really use $150 instead of the $100 they’ve been sending every year? Simply suggesting a higher gift amount is sure to get your donor to at least consider upgrading. As long as it is done respectfully and thoughtfully, you’ll never offend a donor by suggesting a higher gift amount.
  • USE SPECIFIC DATA
  • Use specific numbers, goals, and costs when suggesting a donor increase their gift. Tell them why you need it and what it will do. Justify your ask.
  • MOVES MANAGEMENT
  • The most important thing you can do to upgrade your donors is developing a good moves management program. Look through your donor data and chart out who you plan to upgrade and how you plan to get there. Then, of course, make sure you follow your plan!
  • Click here for Detailed How-to Upgrade Information  from Bloomerang!
  • How to Handle Downgrades

    Some donors are going to downgrade. That’s life. Maybe they were hit with unexpected bills, a job change, or felt like they needed to spend more of their donation dollars somewhere else. Regarding these donors with care and respect is vital. Don’t lose these donors!

  • RECOGNITION 
  • Develop a recognition society based on longevity of giving. This will make your donors realize that they are still important to you. They’ll want to keep on giving to stay in the “club.”
  • COMMUNICATION
  • Keep the lines of communication open. Make sure they are still receiving information about your programs and the impact of their donation. You could even explore other methods of giving from in-kind gifts to planned giving.
  • Click here for Detailed Help With Managing Donor Downgrades from Sharpe Group!

 

 

 

10 Secrets to Donation Page Perfection

Is Your Donation Page perfection right now? Is it ready to receive some Valentines Love?

Since it’s February, are you getting ready to send out some love in a donors Valentines direct mail piece or email?

Certainly hope you’re not passing up this wonderful loving storytelling opportunity to spread your goodwill and good deeds.

Takeaway from this video, make sure your DONATION PAGE IS ready to receive some Valentine love!

Be Ready With A Passionate Elevator Pitch

As Development peeps, we must make it a resolution to get out and meet with community thought leaders, the key mover and shakers in our region, with a well-prepared short passionate ‘who we are’ presentation!

They may never be your donor, they may never be your board member, but you do want them to know of the good you are doing now! Leave them with a good story, a good impression, and a desire to know more!

How One Donor Thank You Note Raised $450,000


Would you believe that a single thank you note to a group of donors brought in an extra $450,000 to FOOD FOR THE POOR?

Watch now and see how Executive Director, Angel Aloma, did it!

Blockbuster Fundraising offers this as the first great 2017 Fundraising Tip for YOU! Watch this video and then read 20 QUESTIONS, THE DONOR COMMUNICATIONS TEST for more great tips and “AHA” moments!

http://www.aherncomm.com/20-questions-free-downloadable-test-re-best-practices-donor-communications/

Send More Than One Email Last Fundraising Days


After viewing this Daily Tip and reading John Haydon’s blog (http://www.johnhaydon.com/email-subject-line-examples/) you will be thinking about sending out more than one email on Dec 31st as well as revamping your subject lines! Keep It going because these last 9 days of 2016 fundraising are tremendously important and you can tweak your emails for super success! No Kidding!

Down to the Year-End Fundraising Wire Tips


We’re down to the wire now, only 10 days left for 2016 fundraising. Joy has 10 tips for you now to make each of these 10 days super successful! Keep it going! You’re headed for blockbuster fundraising results!

Dazzling Donor Communications for Year-End

4 wonderful points about Donor Christmastime communications from Jeff Brooks and a beautiful example of before/after Donor Thank You from Roger Craver. Doesn’t get any better than that for expert advice and just in time for your year-end fundraising success!
http://www.theagitator.net/
http://www.futurefundraising

Will Donor Advised Funds Affect Your Year-End Results


DONOR ADVISED FUNDS might have more play in 2016 due to “financial advisors suggesting them to their clients with a greater sense of urgency because of possible federal tax changes next year.” ( Gail MarkJarvis, Chicago Tribune).

What can you do now to prepare and participate in this newer Circle of Giving participant?

5 Awesome Email Tactics for Year-End Success


There’s still time in 2016 for awesome donor emails and these 5 tactics will give you super incentive to get out there and go! 10% of all giving takes place the last 3 days of the year so be ready with emails that pull the heartstrings!

4 Steps for Fabulous Year-End Emails

Make your December Emails count big with these 4 tips!

Make them Personal! Inspire you donors! Integrate these emails with your year-end theme. Laser focus on your year-end ask!

Lots more for your email year-end success!