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Building Donor Loyalty:
How to Keep Your Donors Giving in Any Economy
               Tina Cincotti

         Use Twitter Hashtag #npweb



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Today’s Speaker




                          Tina Cincotti
                     Funding Change Training &
                             Consulting




              Hosting: Sam Frank, Synthesis Partnership
    Assisting with chat questions: April Hunt, Nonprofit Webinars
Building	
  Donor	
  Loyalty:	
  	
  
Best	
  prac5ces	
  for	
  success	
  in	
  any	
  
          economic	
  climate	
  

     Presented	
  by:	
  Tina	
  Cinco<,	
  	
  
 Funding	
  Change	
  Training	
  &	
  Consul5ng	
  
    5na@fundingchangeconsul5ng.com	
  
             617-­‐477-­‐4505	
  
Average	
  aLri5on	
  rate	
  of	
  1st	
  5me	
  
     donors	
  in	
  U.S.	
  =	
  80%	
  
ica5 on	
  
                               	
  com mun
                   isi5on	
  vs
     	
  of	
  acqu
C ost
So,	
  why	
  do	
  people	
  
    stop	
  giving?	
  
 (Brace	
  yourself	
  for	
  a	
  
    stat	
  a/ack…)	
  
It’s	
  not	
  the	
  economy,	
  stupid…	
  


     • 66	
  out	
  of	
  100	
  people	
  
     • Only	
  4	
  
     • 60%	
  
     • Only	
  20%	
  
Isn’t	
  there	
  any	
  
  good	
  news?	
  
Donor	
  Rela5ons	
  101	
  

Three	
  things	
  donors	
  want:	
  
  1. Thanks	
  
  2. 	
  ConfirmaAon	
  
  3. 	
  Report	
  
Donor	
  Rela5ons	
  101	
  

Do	
  these	
  3	
  things	
  and…	
  
  • 93%	
  
  • 64%	
  
  • 74%	
  
#1	
  –	
  Prompt,	
  	
  
personal	
  thanks.	
  
48	
  Hours	
  or	
  less…	
  
“On	
  behalf	
  of	
  the	
  
 board	
  and	
  staff,	
  I	
  
want	
  to	
  thank	
  you…	
  
   blah,	
  blah…”	
  
Does	
  your	
  “thank	
  you”	
  leLer…?	
  
•  Start	
  with	
  something	
  unique?	
  
•  Personally	
  address	
  the	
  donor?	
  
•  Give	
  the	
  donor	
  the	
  contact	
  info	
  for	
  a	
  real	
  
   person	
  they	
  can	
  be	
  in	
  touch	
  with?	
  
•  Tell	
  the	
  donor	
  what	
  will	
  be	
  possible	
  because	
  of	
  
   their	
  giP?	
  
•  Talk	
  to	
  “you”	
  the	
  donor,	
  not	
  “we”	
  the	
  
   organizaAon?	
  
•  Say	
  that	
  a	
  progress	
  report	
  will	
  be	
  sent?	
  
#2	
  –	
  Gi_	
  will	
  be	
  
used	
  as	
  intended.	
  
#3	
  –	
  What	
  was	
  
accomplished.	
  
Most	
  common	
  offenses	
  
•    Not	
  donor	
  centered	
  
•    Not	
  enough	
  “you”s	
  
•    Weak	
  headlines	
  
•    Long	
  leXer	
  from	
  Director	
  
•    Too	
  much	
  educaAon,	
  not	
  enough	
  graAtude	
  
•    No	
  stories	
  
•    Full	
  of	
  jargon	
  &	
  acronyms	
  
•    No	
  real	
  news	
  or	
  results	
  
•    Too	
  much	
  text,	
  not	
  enough	
  photos/graphics	
  
More	
  ways	
  to	
  
improve	
  donor	
  
   loyalty…	
  
Sa5sfac5on	
  is	
  #1	
  
Encourage	
  feedback	
  from	
  donors	
  
How	
  are	
  we	
  doing?	
  
Increase	
  commitment…	
  
Build	
  trust…	
  
Welcome	
  new	
  donors…	
  
Welcome	
  Kit	
  
•  Personalized	
  cover	
  leXer	
  
•  Most	
  recent	
  newsleXer	
  or	
  two	
  
•  Annual	
  report	
  
•  Recent	
  press	
  clip	
  or	
  two	
  
•  InvitaAon	
  to	
  an	
  upcoming	
  program	
  
   or	
  event	
  
Offer	
  choice	
  in	
  communica5ons…	
  
Personalize	
  &	
  segment…	
  
Throw	
  cul5va5on	
  par5es…	
  
Your	
  Ac5on	
  Makes	
  A	
  Difference	
  

Please	
  complete	
  this	
  form	
  and	
  we’ll	
  keep	
  in	
  touch.	
  	
  

	
  	
  I	
  will	
  be	
  a	
  voice.	
  I	
  will	
  speak	
  out	
  for	
  the	
  rights	
  of	
  women	
  and	
  girls.	
  	
  Let	
  me	
  know	
  how.	
  

	
  	
  I	
  want	
  to	
  be	
  counted.	
  Make	
  sure	
  I’m	
  on	
  the	
  EMA	
  Fund	
  mailing	
  list	
  and	
  e-­‐mail	
  alert	
  list.	
  

	
  	
  I	
  want	
  to	
  help.	
  Send	
  me	
  informaAon	
  about	
  volunteer	
  opportuniAes.	
  

	
  	
  I	
  want	
  to	
  fuel	
  the	
  fires	
  of	
  change.	
  I’m	
  sending	
  in	
  my	
  financial	
  giP	
  to	
  help	
  the	
  Women’s	
  Fund	
  do	
  
its	
  important	
  work.	
  

	
  	
  I	
  want	
  to	
  be	
  part	
  of	
  a	
  social	
  change	
  community.	
  Invite	
  me	
  to	
  gatherings	
  where	
  we	
  talk	
  about	
  
the	
  issues	
  facing	
  women	
  and	
  girls,	
  and	
  figure	
  out	
  how	
  to	
  work	
  together	
  for	
  progressive	
  change.	
  

                                                            I	
  know	
  I	
  can	
  make	
  a	
  difference.	
  
Please	
  print	
  clearly.	
  

Name	
  ____________________________________________________________	
  
Address	
  __________________________________________________________	
  
Telephone	
  number	
  __________________________________________________	
  
E-­‐mail____________________________________________________________	
  
Don’t	
  treat	
  your	
  donors	
  like…	
  
Put	
  relaAonship	
  building	
  on	
  calendar…	
  
         Relationship Building          Solicitation
Jan
Feb
Mar
Apr
May
June                               Minimize solicitations
July                                 b/t Memorial Day
Aug                                   and Labor Day.
Sept
Oct
Nov
Dec
How	
  will	
  I	
  
know	
  if	
  this	
  
is	
  working?	
  
How	
  to	
  evaluate	
  donor	
  rela5ons	
  

• 	
  	
  Donor	
  retenAon	
  rate	
  
• 	
  	
  Donor	
  conversaAon	
  rate	
  
• 	
  	
  No	
  ask	
  contacts	
  
• 	
  	
  PersonalizaAon	
  
• 	
  	
  Donor-­‐iniAated	
  contact	
  
• 	
  	
  Donor-­‐centric	
  communicaAons	
  
MOST	
  WANTED:	
  
OrganizaAonal	
  
  culture	
  of	
  
philanthropy	
  
QuesAons?	
  
Thank	
  you!	
  
            Want	
  more	
  advice?	
  	
  	
  
Sign	
  up	
  for	
  my	
  FREE	
  e-­‐newsle/er…	
  
                 Subscribe	
  at	
  	
  
www.fundingchangeconsulAng.com	
  	
  
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Building Donor Loyalty

  • 1. Building Donor Loyalty: How to Keep Your Donors Giving in Any Economy Tina Cincotti Use Twitter Hashtag #npweb Special Thanks To Our Sponsors
  • 2. Helping ordinary people raise extraordinary amounts for nonprofits is all we do, and we love it. A Proud Sponsor of NonprofitWebinars.com
  • 3. Today’s Speaker Tina Cincotti Funding Change Training & Consulting Hosting: Sam Frank, Synthesis Partnership Assisting with chat questions: April Hunt, Nonprofit Webinars
  • 4. Building  Donor  Loyalty:     Best  prac5ces  for  success  in  any   economic  climate   Presented  by:  Tina  Cinco<,     Funding  Change  Training  &  Consul5ng   5na@fundingchangeconsul5ng.com   617-­‐477-­‐4505  
  • 5. Average  aLri5on  rate  of  1st  5me   donors  in  U.S.  =  80%  
  • 6. ica5 on    com mun isi5on  vs  of  acqu C ost
  • 7. So,  why  do  people   stop  giving?   (Brace  yourself  for  a   stat  a/ack…)  
  • 8. It’s  not  the  economy,  stupid…   • 66  out  of  100  people   • Only  4   • 60%   • Only  20%  
  • 9. Isn’t  there  any   good  news?  
  • 10. Donor  Rela5ons  101   Three  things  donors  want:   1. Thanks   2.   ConfirmaAon   3.   Report  
  • 11. Donor  Rela5ons  101   Do  these  3  things  and…   • 93%   • 64%   • 74%  
  • 12. #1  –  Prompt,     personal  thanks.  
  • 13. 48  Hours  or  less…  
  • 14. “On  behalf  of  the   board  and  staff,  I   want  to  thank  you…   blah,  blah…”  
  • 15. Does  your  “thank  you”  leLer…?   •  Start  with  something  unique?   •  Personally  address  the  donor?   •  Give  the  donor  the  contact  info  for  a  real   person  they  can  be  in  touch  with?   •  Tell  the  donor  what  will  be  possible  because  of   their  giP?   •  Talk  to  “you”  the  donor,  not  “we”  the   organizaAon?   •  Say  that  a  progress  report  will  be  sent?  
  • 16. #2  –  Gi_  will  be   used  as  intended.  
  • 17. #3  –  What  was   accomplished.  
  • 18. Most  common  offenses   •  Not  donor  centered   •  Not  enough  “you”s   •  Weak  headlines   •  Long  leXer  from  Director   •  Too  much  educaAon,  not  enough  graAtude   •  No  stories   •  Full  of  jargon  &  acronyms   •  No  real  news  or  results   •  Too  much  text,  not  enough  photos/graphics  
  • 19. More  ways  to   improve  donor   loyalty…  
  • 22. How  are  we  doing?  
  • 26. Welcome  Kit   •  Personalized  cover  leXer   •  Most  recent  newsleXer  or  two   •  Annual  report   •  Recent  press  clip  or  two   •  InvitaAon  to  an  upcoming  program   or  event  
  • 27. Offer  choice  in  communica5ons…  
  • 30. Your  Ac5on  Makes  A  Difference   Please  complete  this  form  and  we’ll  keep  in  touch.         I  will  be  a  voice.  I  will  speak  out  for  the  rights  of  women  and  girls.    Let  me  know  how.       I  want  to  be  counted.  Make  sure  I’m  on  the  EMA  Fund  mailing  list  and  e-­‐mail  alert  list.       I  want  to  help.  Send  me  informaAon  about  volunteer  opportuniAes.       I  want  to  fuel  the  fires  of  change.  I’m  sending  in  my  financial  giP  to  help  the  Women’s  Fund  do   its  important  work.       I  want  to  be  part  of  a  social  change  community.  Invite  me  to  gatherings  where  we  talk  about   the  issues  facing  women  and  girls,  and  figure  out  how  to  work  together  for  progressive  change.   I  know  I  can  make  a  difference.   Please  print  clearly.   Name  ____________________________________________________________   Address  __________________________________________________________   Telephone  number  __________________________________________________   E-­‐mail____________________________________________________________  
  • 31. Don’t  treat  your  donors  like…  
  • 32. Put  relaAonship  building  on  calendar…   Relationship Building Solicitation Jan Feb Mar Apr May June Minimize solicitations July b/t Memorial Day Aug and Labor Day. Sept Oct Nov Dec
  • 33. How  will  I   know  if  this   is  working?  
  • 34. How  to  evaluate  donor  rela5ons   •     Donor  retenAon  rate   •     Donor  conversaAon  rate   •     No  ask  contacts   •     PersonalizaAon   •     Donor-­‐iniAated  contact   •     Donor-­‐centric  communicaAons  
  • 35. MOST  WANTED:   OrganizaAonal   culture  of   philanthropy  
  • 37. Thank  you!   Want  more  advice?       Sign  up  for  my  FREE  e-­‐newsle/er…   Subscribe  at     www.fundingchangeconsulAng.com    
  • 38. Find the listings for our current season of webinars and register at NonprofitWebinars.com Chris Dumas Chris@NonprofitWebinars.com 707-812-1234 Special Thanks To Our Sponsors