Showing posts with label fundraising. Show all posts
Showing posts with label fundraising. Show all posts

Thursday, September 15, 2016

Getting Donor Data Ready for Year-End Fundraising

Nonprofits are heading into their important year-end fundraising season when donor file prep and targeting can make a big difference in results. We wanted to pass along a recent nonprofithub.org post on key ways to maximize success with donor data, especially since these are areas where clients regularly rely on DBM Designs' data services. The first goal, as the article notes, is to have an accessible, updated, accurate and actionable database and donor management system. Besides name and contact info, it should include strategic targeting factors such as campaign performance, donor history, gift amounts, last gift dates preferred channel and demographics. Data services experts can help quickly aggregate, organize and clean existing donor data, and also help append missing data, such as demographics. The next key task is donor segmentation. Segmentation identifies groups by shared attributes in order to send each group the appropriate targeted message or campaign. Segments can be divided by giving level, last gift date, relationship with the organization, demographic information and more, and the article offers a handy "donor segmentation cheat sheet" for beginners. Of course, the segmented data is useless without a marketing plan, which should include fundraising goals; deployment timings; integrated use of channels such as direct mail, e-mail and phone solicitation; and targeting and creative messaging strategy. Targeted donor data and segmentation will then permit more effective creative via crafting of tailored, personalized communications that tap the donor's personal connection and history with the organization or cause. Plus, data can be used to tailor the rest of the donor experience, from the mailed response device or online donation page to expressions of acknowledgement and appreciation. For the full post, see http://nonprofithub.org/fundraising/5-steps-to-target-donors-for-year-end-fundraising-success/

Wednesday, July 13, 2016

Fundraising Letter Fall Flat? Check for These Mistakes

Nonprofits around the country are starting to gear up for year-end fundraising campaigns, and that means scrutinizing any disappointing direct mail results from last year for areas to correct. We can help them analyze response by list, segment and package, but when it comes to marketing copy missteps, we'll pass along the advice of Joanne Fritz, nonprofit charitable orgs expert for about.com. In her June online post, "8 Things You Should Never Do in a Fundraising Letter," Fritz starts with a fundamental error that our mailing data services can help nonprofit clients avoid: lack of personalization or faulty personalization. It's hard to say which is worse in the eyes of a donor, an impersonal "Dear Friend," using the wrong name or misspelling a name! Fritz also notes various copy and design flaws that can make the mailing so difficult to get through that potential donors toss it. For example, a mail package overwhelmed by inserts can confuse recipients into inaction. Appeals can sink under the weight of fancy vocabulary, too; the most effective promotions are written at the 4th-6th grade level, say experts. Hard-to-read design elements--such as reverse-out type or small fonts--can frustrate others, especially older recipients. And remember that urgency drives action. If you don't want donors to set aside your appeal and forget it, stress that you need a donation now and what will happen to needy people, animals or causes if those funds don't come. As added incentive, offer to match their gift if they act right away. Fritz provides links to real-life effective mailings as examples of how to succeed with simple yet emotionally resonant appeals. For more of Fritz's fundraising letter taboos, read http://nonprofit.about.com/od/fundraisingbasics/fl/8-Reasons-I-Did-Not-Respond-to-Your-Fundraising-Letter.htm

Wednesday, November 4, 2015

Fundraising Success Relies on Good Data Measurement

In providing data services for many nonprofit fundraising efforts, either directly or via their list brokers and agencies, we can vouch for the critical importance of good data measurement and analytics. A recent business2community.com post by William Comcowich, CMO of CyberAlert media measurement service, addressed that key nonprofit challenge. He began by citing six tips for improved nonprofit data measurement courtesy of Katie Paine, measurement expert and CEO of Paine Publishing LLC: Clarifying the mission and the role each activity plays in support; measuring results from all stakeholders (volunteers, sponsors, employees, and the people served as well as donors); selecting at least three specific, quantifiable and time-limited metrics for analyzing communications channels, including direct mail, e-mail and social media; gaining across-the-board leadership support of measurement; taking advantage of existing data and data gathering across departments; and analysis of measured results to improve and repeat good performance. Comcowich also stressed the need to focus on donor preference data. Based on measurable donor preferences, fundraisers can improve response with tactics such as targeting appeals and communications by age to leverage generational differences; adjusting communications frequency; and segmenting for channel and content preference to boost engagement. For the complete article, read http://www.business2community.com/non-profit-marketing/analytics-measurement-can-improve-marketing-fundraising-nonprofits-01362512