7 5% Service fee? You can't be serious! - Presentation Transcript
“7.5% service fee, you can't be serious?”A FirstGiving webinarwith James Campbell and Laura Reino August 26, 2009 For sound use your computer speakers, or call (916)233-3089; pass code: 372-766-761
The inspiration for this topic
Responding to feedback from our users
Unravel FirstGiving’s service & costs
Value of the FirstGiving partnership
Empowering fundraising success
What exactly are the fees?
Total service fee from FirstGiving fundraising pages 7.5%
Nonprofit organizations receive net 92.5%
What are your offline fundraising costs?
10% - 30%?
Out of sight, out of mind
Different than a donate button on my website
% of something is better than a % of nothing
or
Effectively tap into social networking
Your organization having a presence on these sites is only the first step, next…
What results are you tracking with your social media strategy over the past six months?
FirstGiving helps people better network on these sites and collect net new donations for your cause
Fundraising pages proactively engage donors
Personal, compelling, emotional asks
Dynamically tap into your supporters’ contacts
The Donate Button is passive
General reactive solicitations
Static button accessible to website visitors
Irrelevant to compare costs to fundraising tools
Economic climate
Facts – Donors are still giving
Reality – Average donation size down 20%
Fundraisers need to step up outreach efforts
Compliment offline fundraising with online fundraising
Job security - Online fundraising can make you a hero
Easy, quick, no previous experience required
Donors are more selective A personal ask from a friend A general plea from an organization “Sure, I’ll support you Mary…” “Now who’s asking me for money?” Which would you choose?
Empowering fundraising success
There’s always a cost to fundraising…
Consider it an INVESTMENT in your financial development & and donor acquisition
When you look at the added VALUE provided by FG, you will see how our tools and guidance lead to more funds raised
If we can show a positive ROI, deliver online fundraising expertise, and coach you to success then it’s a win-win
We’re only as successful as you are For every $100 raised online… …FirstGiving earns $5 to power your online fundraising service
Question time
If you have a question for James or Laura, type it into the question box in GoToWebinar
If we don’t answer it now, we will reply by email over the next few days
We will send a link to the slides and recording a couple of days after this session. Slides will be posted at http://www.onlinefundraisingblog.com/free-online-fundraising-webinars/
Thank you! Slides, recording and all questions will posted to http://www.onlinefundraisingblog.com/free-online-fundraising-webinars/Learn more and see more webinars at www.onlinefundraisingblog.comor contact us at webinars@firstgiving.com
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