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Almost every direct response fundraiser who can count eventually comes to the realization that reliance on premiums to boost short-term acquisition response rates is a long-term prescription for poor retention and lousy lifetime value. Here are Kevin’s findings on key motivators that preserve the intrinsic benefits of giving.
Focus on Long Term Revenue and DonorRetention Its unwise to measure your fundraising success in immediate dollars. As the study authors put it, Many organizations focus on the amount of money raised without taking into account the happiness and retention of donors, which are key indicators of long-term flourishing.
Here at Bloomerang, we specialize in donorretention. Our team has studied the effectiveness of retaining donors rather than acquiring new ones, and that research guides our entire approach. Retention is the key to maximizing your fundraising strategy, and appreciation is at the root of that strategy.
Here at Bloomerang, we specialize in donorretention. Our team has studied the effectiveness of retaining donors rather than acquiring new ones, and that research guides our entire approach. Retention is the key to maximizing your fundraising strategy, and appreciation is at the root of that strategy.
Celebrating contributions: How recognition fuels donorretention Recognition matters. So, a well-placed thank you or a shout-out can make all the difference in converting members to repeat donors. Social proof is a formidable force in philanthropy.
By analyzing the donor data you have available, you can learn volumes about donormotivation and behavior, then use this information to guide your fundraising approach. Donor data can help you with segmentation, marketing, stewardship, and more. DonorRetention Rate. DonorRetention Rate.
By analyzing the donor data you have available, you can learn volumes about donormotivation and behavior, then use this information to guide your fundraising approach. Donor data can help you with segmentation, marketing, stewardship, and more. DonorRetention Rate. DonorRetention Rate.
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