The Big 5 in Fundraising Performance Metrics
I am a strong believer of prioritization being the key to successful fundraising. There are a ton of metrics we can track, and should track, like email open rates, sign-up rates per hour, one-off cash donations and appeal response rates. But there are five that are simply much more important. Mainly because they are the building blocks for making sensible decisions for the longer term. I call them the Big Five.
The Big Five are Volume, Expenditure, Income, Retention and Return on Investment. Let me explain.