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The $50K Monthly Giving Mistake: Why Retention Rates Matter

NonProfit PRO

Join Jake Munaker, CharityEngine payment processing expert, as he demonstrates subscription billing insights that can increase retention and save anywhere from $50,000 to $5,000,000 in revenue! Free Webinar: Beware of the wrong math – and the wrong technology - when it comes to sustainers.

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How to Drive High Donor Retention Rates with Text Messaging

Achieve

However, with the average donor retention rate sitting around 45%, many nonprofits struggle to sustain newly acquired donors’ support. In this guide, we’ll cover four best practices to increase your donor retention rate with text messaging. Donor retention is a key piece of any successful fundraising strategy.

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Leveraging Matching Gifts Programs to Boost Donor Retention

sgEngage

In regards to the key question of “are corporate matching gifts and donor retention levels related?” Matching gifts and donor retention share a positive correlation, with each variable increasing alongside the other. What to Know About Donor Retention. The Correlation Between Matching Gifts and Retention Rates.

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3 Tips to Help Your Nonprofit Steward Corporate Partners

Nonprofit Tech for Good

In business, customer retention is “big business.” ” High customer retention rates can help a company spend less on marketing, improve the overall lifetime value of a customer, and earn more referrals. Calculate your churn rate as Total # of Partner by Total Value of Partners. 3) Reporting Is Everything!

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Nonprofit Donor Retention 101: Always Do This

Bloomerang

For as long as the Fundraising Effectiveness Project has measured nonprofit donor retention it has been abysmal. Donor and dollar retention rates have averaged well below 50% for over a decade, and it’s been getting worse over time. Long-term retention (5+ years) is now 10% or less. “ People give.

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Student Memberships Could Be a Thing of the Past

Association Analytics

If you’ve observed a decline in student membership retention or a slowdown in attracting new members, you’re not alone. And experts aren’t bullish, since the United States has seen a steep drop in birth rates since 2007 leading to fewer high school graduates. There’s no one simple reason, and no singular solution.

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Weaving Empathy into Action: The Crucial Role of Storytelling for Nonprofits

Nonprofit Tech for Good

2) Increased Donor Retention: According to Nonprofit Source , nonprofits that effectively use storytelling in their fundraising efforts have a donor retention rate of 45%, compared to 27% for organizations that do not focus on storytelling.