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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

Lastly, factor in your donor retention rate so you can anticipate the number of new donors you’ll need to acquire in order to meet or exceed this year’s revenue total. Growth Rate: The expected percentage increase in revenue. Retention Rate: The percentage of donors who gave last year and this year.

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Some Money Isn’t Worth The Chase: Why You May Want To Rethink Your Events And Grants Strategies

Kindful

Some fundraising strategies cost more than others, just like some donors cost more than others if they have poor retention rates. . Rated by cost-effectiveness based on the cost to raise a dollar, the two most expensive fundraising strategies are direct mail acquisition and special events. How can it be more profitable? .

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Artificial intelligence 101 for associations

Nimble AMS

Get ready to understand AI, explore its applications, and start using it. In the for-profit world, early adopters of AI are enthusiastic about it. Improve renewal rates by predicting member behavior. to increase member retention by identifying individuals likely to lapse. And it’s all within reach.

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Revolutionizing Salesforce Staffing with Talent for Good

Cloud 4 Good

We know that the Salesforce ecosystem is growing at an incredible rate, with over 9.3M Concerted Recruitment Efforts: Our outreach brings in thousands of applications and invests our energy in hiring the absolute best of the best. Consider the number of resources, both in terms of time and money, poured into the typical hiring process.

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3 ways to get started with your association’s artificial intelligence journey

Nimble AMS

The great news is that AI is achievable, and it’s something that can help your association do things like: Improve renewal rates – Using AI, you can use data about past behaviors to predict if a member is unlikely to renew, and then intervene before losing the membership. How to get started with your AI and predictive analytics journey.

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Fundraising Apps: 25+ Tools To Help Your Org Raise More

Bloomerang

This helps you monitor your progress with various campaigns, your donor retention rate, and other metrics that are important to your fundraising success. Donor retention is the key to unlocking a successful fundraising strategy. A fundraising app that also prioritizes retention will go a long way in making it happen.

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Drive Attendance and Get More Donors at Your Virtual Event

Achieve

Studies show that if applicants leave your site for a third-party page, conversion rates typically drop down by 27%. COVID-19 has already had a negative impact on the global economy and unemployment rates are continuing to increase, so it’s important to remember where your donors may be coming from. .

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