#donorlove has its limits

donorlove-has-its-limits

There. I said it.

You are probably not happy I said it – and I know my besties in the fundraising world won’t be – but I had to.

You know how much I believe in #donorlove. I think it’s such an important lens for us to look through when it comes to our fundraising practices. Putting the donor at the centre of what we do is critical in our work.

But #donorlove is not the be-all and end-all of successful or right fundraising.

Let me backtrack.

You probably know that Rory Green – a.k.a. Fundraiser Grrl – is one of my best friends. So you can imagine that when I get a fundraising appeal in the mail for one of my clients that I’m really excited about that Rory is the one I want to tell first.

So I did just that the other day. I took a photo of three envelopes for a client’s campaign (one control, two test packages) and sent it over to Rory for us to gush over together. The first thing Rory said was –

“It doesn’t say the word ‘you‘ on any of those envelopes.”

If you’ve learned anything about #donorlove, it’s the power of the word “YOU”. And Rory is right in that the word “you” is an incredibly important thing to look out for in fundraising. Traditionally organizations have spent far too much time in their fundraising talking about what “they” – the organization – do, rather than about what “you” – the donor – do. If we want to inspire – and even more importantly, retain – donors, we must celebrate them. We must make the donor the hero.

I am not questioning the importance of this type of #donorlove principle. Or any #donorlove principle.

What I’m questioning is the interpretation and application of these principles.

We need to acknowledge that there’s more in successful fundraising than #donorlove.

Let’s think about the donor journey. Why does the donor give to our organization in the first place?

Because they’re asked, yes.

But donors give because they believe in the need our organization meets, and that our organization needs their financial support to meet that need.

The vast majority of donors out there do not give because they need more love in their life. 

Now don’t get me wrong – some donors actually do give to create a relationship and a connection between them and an organization. We often see this among our older donors, and this is an important donor need to acknowledge and to meet. #Donorlove is especially needed here.

#Donorlove is also needed to retain donors. There are a lot of great charities competing for donors, and if your gift to one of them goes unacknowledged for an unforgivably long time, I don’t blame you for saying, “No more, charity! No more gifts for you! I’m giving all my money to the charity that treats me right!”

But speaking of a lot of charities competing, let’s talk about acquisition.

And let me start by saying the dirtiest word there is in #donorlove:

PREMIUM

That’s right. I’m talking about something included in a mail pack beyond a letter and maybe an insert. Maybe it’s a bookmark, maybe it’s holiday cards, maybe it’s a luggage tag.

If you believe in nothing but #donorlove, you’re not having this. Because you believe that donors just want to know they matter.

But if we go back to why donors give, then we’re talking about the fact that donors give because we need their support to do what we do. And so donors want us to do what it takes to get the funding that helps us do what we do.

And unfortunately – in this saturated marketplace, with this competition – we sometimes require premiums to get the package opened and the responses we need to bring in the new donors that we need.

No – I agree that it’s not ideal. And I really agree that it can create a transactional relationship that we need to work extra hard to change once the donor first gives to us.

But we don’t live in an ideal world. We work hard to make the premium at least mission-based, and we can make strategic decisions about what the premium is and test which ones lead to a longer-term relationship between the new donor and the charity. We also work to choose a premium that’s less costly so that we’re not bringing donors in on some kind of ridiculous trinket, but this is our reality.

Does it align with the sometimes rigid principles of #donorlove?! NO.

But does it align with the principle of getting as much funding as we can to meet the need that our donors care about?! YES.

So what’s my moral here? Walk the tightrope of #donorlove, my fundraiser friends. Don’t let your principles cripple you, but never let the donor out of your sight.

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Written by Maeve Strathy

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Maeve is the Founder of What Gives Philanthropy and has been working in fundraising for over nine years. Click here to learn more about Maeve.

Connect with Maeve via:
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What does your charity have in common with Louis Vuitton?

What does your charity have in common with Louis Vuitton-

Imagine this: it’s pay day.

You pay your bills, you set aside money for groceries, you put a little money away in savings, and you generally make sure all your needs are met.

If you’re fortunate enough to be able to do that, and even more fortunate that you have money leftover, then you might think to yourself: what else can I do with my money?

Maybe there’s some work to do on your house. Maybe you want to go out for a really nice dinner. Maybe you love purses and you’ve been saving up for a designer bag.

Or maybe… maybe could you consider giving to a charity?

This is the noise we’re trying to cut through, folks!

This post was inspired by a client the other day, who compared charities to luxury brands. Obviously people have many views about charities and the importance of giving, but my client was right; for many, giving to charity is a “nice to have”. It’s one of the potential ways you can spend that extra money that you’re lucky enough to have.

But there’s a lot of noise! There are flashy, highly-produced car commercials. There are glossy pages in magazines with beautiful people holding beautiful bags. There are a lot of temptations, and charities can’t afford to get their ads everywhere that a luxury brand is advertised.

Now I know this isn’t the way we need to think of all donors, especially current ones. Obviously the work we do is more important than the noise we make, and a lot of donors are so committed to us, our mission matters to them, that a Louis Vuitton bag couldn’t tempt them away from us.

But when we think of the world beyond that, and the people that might be interested in giving to our cause that aren’t right now, we need to think about what “the market” is saturated with. Not only are we competing against luxury brands, but we’re competing against other charities, and the competition can be fierce.

Let this be the reason you take a risk. Let this move you to try something you’ve been wanting to but haven’t made a strong enough business case to your boss yet. Think about a digital media buy. Think about a more creative envelope with your next acquisition mailing. Think about trying something new!

Because the charity next door is doing it… and Louis Vuitton definitely is.

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Written by Maeve Strathy

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Maeve is the Founder of What Gives Philanthropy and has been working in fundraising for over nine years. Click here to learn more about Maeve.

Connect with Maeve via:
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Guest Post: 4 Ways to Acquire and Retain Millennial Donors

 

4 ways to acquire & retain millennial donors

As many of you know, millennials are quickly becoming one of the most coveted groups in the fundraising community!

But why is this demographic so important to fundraising?

According to the 2015 Millennial Impact Report, a whopping 84% of millennials made a charitable donation in 2014. There is immense value in acquiring donors early (at the millennial age) and building a relationship in order to create lasting value for your organization.

While capturing millennial donors will surely help your nonprofit organization, many NPOs and fundraisers struggle to acquire and retain these donors.

That’s where I can help!

My background? I am a millennial with strong ties to the Boston fundraising community. Most recently, I have spent the past two years organizing a fundraiser geared completely to millennial donors. In our first year, we attracted 850 guests and raised over $65,000 for the prestigious Dana-Farber Cancer Institute.

In our second year, we raised $108,000 from over 1,000 Boston-area millennials and young professionals.

Learning from this experience, I’ve put together a list of my four best tips for acquiring and retaining millennial donors. Enjoy!

#1 — Get Personal

Our first tip is to get personal with your potential donors – tell the story of your cause and how it personally relates to your experience.

While inclined to donate, millennials are seeking stories they can identify with. Affinity in values and social responsibility are extremely important for this group,whether it’s the restaurants where they eat, the stores where they shop or even the organizations they support.  

Conveying your story in a meaningful way will get you in the door with millennials, and the rest will be history!

#2 — Utilize Technology

One thing that we can all agree on is that millennials are very connected.

Whether we are checking our iPhones every 30 seconds, or sneaking a look at our Facebook news feed during a conference call, we millennials have the means to find and share any information instantly.

And fundraisers / nonprofits should be using this to their advantage!

In today’s world, millennials are willing to donate to charitable causes, but want to do so on their terms, which means embracing easy-to-use and accessible donation tools.

These can be anything from donation pages to mobile silent auctions and raffles and peer-to-peer fundraising campaigns.

Regardless of the tools you decide to help you move forward, embracing technology will allow you to offer millennials a much easier channel for them to donate anytime they’d like.

#3 — Embrace FOMO

Our next tip is for your organization to embrace one of the strongest emotions felt among millennials – THE FEAR OF MISSING OUT (aka “FOMO”). When used with online and social fundraising methods, FOMO can become one of your best tools for millennial acquisition.  

The key here is to hold your donors socially accountable. Did your supporters just buy tickets to your next fundraising event? Has one of your donors just made a donation to support your cause? Provide them a means to share this to their social network!

When your donors share updates about your cause, they will be helping you acquire new donors, as these potential supporters will witness all of the passion and excitement around supporting your cause.

#4 — Show Your Appreciation (with a twist!)

Traditional methods of thanking your millennial donors work great, but your thank-yous are even more effective when you can add a twist!

One of our favorite examples of unique acknowledgements for millennials is Creating a Sizzle Reel.

Did you just wrap up a great fundraising event or have your best year ever in terms of donations? Spend some resources to create a great video or “sizzle reel” to share with your audience. An exciting video will stand out against the hundreds of emails your audience receives each day, and it’s also a great piece of content for your donors to share out to their networks!

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Written by Zach Hagopian

Zach is the co-founder and COO of Accelevents, a mobile fundraising platform that enhances silent auctions and raffles through online and text-message bidding.  An active member in the Boston fundraising scene, Zach focuses on improving traditional fundraising methods and increasing fundraiser proceeds.

Connect with Zach via:
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