Charity
fundraising is the lifeblood of your organization and your donors are critical
to ongoing operations. Finding new donors and maintaining existing donor relationships
can be made easier by using dedicated donor management software.
Challenges of Donor Management
It's easy
to understand the value of donors to non-profit organizations, but locating and
cultivating donors can be a difficult process if you're not tapping into the
right resources.
Non-profits
can leverage the strategies that for-profit marketers have used for years -- a
highly targeted marketing campaign allows you to generate higher quality needs.
When you focus your message on contacts that have already shown interest in
similar causes, you are more likely to turn those contacts into people who can
help your organization. Analysis of your marketing efforts can show you which
techniques work and which don't.
Once you
find people willing to donate to your cause, your efforts are not finished.
Successful charities track donation patterns so they can see which donors are
the greatest help. Continued cultivation of your family of patrons will keep
the contributions coming.
Benefits of Donor Management
Software
Tracking
all of the information on benefactors and contributions is a big job and more
organizations are turning to donor management software to keep it all straight.
The
software organizes your contacts, letting you build a profile for each person
you meet so you can better evaluate how they can help your efforts. Build your
marketing efforts around these profiles and generate reports to see how
successful your efforts are. You can spot trends such as an upswing in
conversions after attending conferences or following the publication of related
stories in the newspaper.
Other
reports make it easy to manage contribution sources. Although gratitude should
be expressed for even the smallest donation, your largest benefactors should
receive extra recognition. If you see donations fall, reports allow you to
quickly recognize patterns so you can correct the problems quickly.
It's Not All About the Software
Donor
management software improves an organization's ability to develop and preserve
donor relationships. However the software is only an organizational tool. Old
fashioned human elements are still keys to successful non-profit fundraising.
Organizations
that treat donors like ATM machines soon have no donors. Contributors must feel
you value them more than their money. Make every supporter feel special. If
donors have questions, answer them promptly. If they give you advice, genuinely
listen.
Show donors
your accomplishments. For some this means detailed financial reports while
others want to hear personal stories of your successes and meet the people you
help.
If you're
not doing so already, host donor appreciation events for your largest
contributors. It gives the opportunity to express your gratitude and also
allows you to network. Through your existing family of patrons you can find
leads to others and expand your funding sources.
Basic
business acumen, donor management software and traditional customer service are
the core to any successful non-profit organization.