Slowing Down the (Donor) Revolving Door, Part 1
In this post, I'll talk about first-time donors; next week, we'll look at multi-gift donors.
First-gift donors are generally not all that committed to your organization. Some were invited to an event by a friend. Others gave a gift in someone's honor or as a memorial. Still others heard about your organization online, in the mail, on the radio, on TV, or from a respected person or a friend. There are numerous reasons why they chose to give that first gift — loyalty to your nonprofit is probably not one of them (except for the rare donor that we all wish we had more of).
To increase the likelihood that a first-time donor will give again ... and again ... here are some proven strategies.
- Mail the receipt for the first gift in hours, not days (and definitely not weeks). Seventy-two hours is a good rule of thumb for the maximum amount of time between receiving the gift and the receipt being mailed. Much longer than that and the donor forgets she even gave, starts doubting that your organization is really effective, questions her stupidity for donating or worse, feels like she was scammed. If mailing out receipts isn't an organizational priority, change that today. Distinguish your organization by being quick to say "thank you." That's something donors appreciate — and remember.
- If the first gift is online, make sure your online acknowledgment is more than a terse, "accounting-friendly" message. Add short but warm copy that reaffirms that the online donor made a good choice. Ooze gratitude.
- Make sure the next message the new donor gets affirms your gratitude and shows results. Don't jump into asking for another gift too quickly (but don't neglect to ask, either).
- Offer a small, mission-focused premium if he gives a second gift in the next 60 days (some go for 30 days, others 90; it's what you decide is best). Think low-cost, easy-to-mail and good for branding. Bookmarks or magnets are appropriate choices.
- If the first gift is more than a threshold that you determine, have someone call just to say thank you. (This is a great way to involve volunteers.) Use this call to get more information, if possible — for example, what is it about our mission that is most interesting to you?
- Mail your "best of" mailings and/or send your "best of" e-appeals to the new donor for the first few months. Your proven winners are often the programs that are easiest to understand and have the most obvious results.
- Remember to invite these new friends to support you in ways other than giving a gift. Ask them to "like" you on Facebook, follow you on Twitter, share a referral name, sign a petition, send a note to someone you are helping, etc. Your goal is fundraising, of course, but also building a relationship.
- If a donor doesn't give a second gift after a certain amount of time, let him go. Continued efforts years after the first gift only waste your money and irritate people. Trust me — the nonprofit still mailing to me eight years after I sent in a one-time memorial gift is not ever going to wear me down. How long you try to get the second gift will vary by source of the first gift (i.e., event vs. memorial gift vs. mailed donation), but stop when it is no longer profitable for you to keep in touch with a one-time donor.
Next week, we'll talk about cultivation for retention, but meanwhile, use the comment area below to share any other tips you have for encouraging first-time donors to become faithful partners.
Pamela consults with nonprofits, helping them develop their fundraising strategy and writing copy to achieve their goals. Additionally, she teaches fundraising at two universities, hoping to inspire the next generation of fundraisers to be passionate about the profession. Previously, Pamela led the fundraising programs for nonprofit organizations. Pamela is a member of the Advisory Panel for Rogare, the fundraising think tank at Plymouth University’s Hartsook Centre for Sustainable Philanthropy, a CFRE, a graduate of Wheaton College (IL) and Dominican University, and holds a Doctorate in Business Administration from California Southern University. Contact Pamela at email@example.com or follow her on Twitter at @pjbarden.