Nonprofit Tech for Good

APRIL 2, 2020

2) Conversion Rates. The mention of conversion rates often makes nonprofit pros cringe, because it sounds technical, like some jargon a marketer would use. By increasing your conversion rate to 1.5% Focusing on your conversion rate is one of the few things you can do that can truly multiply your results.

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Metrics Digital Marketing Retention 289

Nonprofit Tech for Good

MAY 27, 2023

These consistent gifts, known as recurring donations, help your organization’s long-term fundraising success and retention goals. 5 Ways a Recurring Giving Program Boosts Fundraising Results A recurring giving program can be a valuable part of a nonprofit’s overall fundraising strategy. 4 Ways to Frame Your Monthly Ask Donations.

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Donation Guide Retention Template 233

Nonprofit Tech for Good

JULY 17, 2022

When you combine this higher annual giving level with the fact that monthly donors have much higher retention rates, you can begin to see why monthly donations are important. As a result, organizations can wind up having insufficient cash on hand to function optimally during the down months. 4) Better Long-Term Planning.

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Donation Gift Retention Philanthropy 329

.orgSource

DECEMBER 17, 2024

By tailoring content and interactions, associations can enhance member satisfaction, increase retention, and boost event participation, leading to a more vibrant and active membership. The result? Start Small and Scale Up : Begin with a single initiative, like personalized email marketing, and gradually expand as you see results.

Personal 221

Personal Associations Retention Analytics 221

Association Analytics

JUNE 17, 2021

In our previous blog posts on retention and product value , we illustrated how data isn’t one dimensional. As a bonus, many associations find that repeat event attendees also renew at higher rates. ( Do your repeat event attendees also renew at higher rates? ). Let’s take a look at how event data can be put into action.

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Associations Data Registration Analytics 318

Nonprofit Tech for Good

APRIL 22, 2013

Until recently the nonprofit pioneers of the Social Web had to mostly rely on their intuition that their social media campaigns were resulting in more dollars raised online, an increase in brand and cause awareness, and higher rates of volunteer recruitment and retention. Source: Artez. Source: MDG Advertising.

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Social Media Awareness Causes Stats 267

NonProfit PRO

OCTOBER 21, 2021

As a result, retention rates have been declining over the past three years, which makes end-of-year mailings critical to the organization. Historically, due to a mandatory quiet period after Christmas, Toys for Tots did not resume development efforts until the spring.

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Group Campaign Mail Retention 189

Nonprofit Tech for Good

MARCH 20, 2024

Neon One ] 72% of individuals say that the presence of a charity rating badge increases their likelihood of giving. Double the Donation ] The current donor retention rate is 41.9%. Fundraising Effectiveness Project ] Frequent, consistent communication with online donors results in a 41.5% increase in revenue.

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Statistics Online Fundraising Benchmark 211

The NonProfit Times

DECEMBER 18, 2024

Fundraisers at nonprofit hospitals have three major priorities: major donor development, retention and upgrade of donors, and fueling growth of the donor pipeline. Nonprofit hospitals had an average retention rate of 38%, a 19% increase from the 2022. It has more than doubled since 2022.

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Retention Rate Donor Gift 52

Bloomerang

DECEMBER 11, 2021

Today’s question comes from a nonprofit employee who wants advice on what would be considered a good new donor acquisition rate. I know about donor retention rates, goals, etc., but I’m not finding much data on what is a good new donor acquisition rate or goal annually. . So help your colleagues by asking away.

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Rate Donor Retention Mail 112

Bloomerang

FEBRUARY 5, 2024

Nonprofits who care about donor retention employ numerous strategies to keep their donors coming back year after year. Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. Savvy fundraisers have always kept donor retention top of mind.

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Retention Gift Donor Pledge 99

Nonprofit Tech for Good

FEBRUARY 12, 2021

The average RoundUp App user donates $15 – $20 a month and has an 80% retention rate. That’s 56% higher than the average first-year, online-only donor retention rate of 24% according to the 2019 Charitable Giving Report from the Blackbaud Institute Index. But for the nonprofit, those nickels and dimes add up.

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Effective Fundraising Nonprofit Channel 290

Bloomerang

JANUARY 7, 2022

A Guide to Donor Retention. What is Donor Retention? If you’re a fundraiser or nonprofit development professional, you’ve likely heard the term “donor retention.” But what is donor retention? Quite simply, donor retention is a measure of how many donors continue to donate to your organization.

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Retention Donor Guide Rate 89

EveryAction

MARCH 22, 2023

For many organizations, the goal is to turn year-end giving campaigns into long-term relationships, and improving donor retention is an essential step in the journey. For repeat donors, this rate is higher but still only 60%. Looking for more strategies, tools, and tactics for defrosting your donor retention strategy this spring?

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Relationship Support Charlotte Retention 216

sgEngage

JULY 5, 2022

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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Retention Gift Program Donor 84

Bloomerang

DECEMBER 13, 2022

As I result, I will give them another gift this year, even though I do not live in the area in which they work. For as long as the Fundraising Effectiveness Project has measured nonprofit donor retention it has been abysmal. Long-term retention (5+ years) is now 10% or less. “ I am very impressed with their follow-up.

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Retention Donor Gift Nonprofit 113

Neon CRM

AUGUST 11, 2023

It’s easy to focus on fundraising success and forget about donor retention. GivingTuesday Donor Retention Makes Financial Sense… While you work on your plan to attract new donors on GivingTuesday, spend some time thinking about how you’ll retain them after the big day. It’s one of the most high-profile fundraising days of the year.

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Retention Donor Gift Template 98

.orgSource

OCTOBER 31, 2023

Use revenue, retention, renewal, learning, event, and behavioral data to unlock hidden information. Learn how this growing association is leveraging innovative features to create a seamless renewal experience that is leading to increased retention rates. How can we identify more meaningful member data?

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Sponsor Associations Law Hype 275

Bloomerang

NOVEMBER 19, 2021

What if I told you that how you recruit peer-to-peer fundraisers and donors could be more efficient and result in more donations over time? . By creating donor retention strategies for retaining your past fundraisers and donors. Adrian Sargeant , two-way interactions significantly improve donor retention. Conclusion.

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Retention Donor Strategy Fundraising 110

Nonprofit Tech for Good

MARCH 20, 2018

7) Over the last 10 years, donor retention rates have been consistently weak – averaging below 50%. English, français, português y español, the 2018 Global NGO Technology Report is based on the survey results of 5,352 NGOs from 164 countries. Source: Charitable Giving Report. This app does not exist. Source: Bloomerang.

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Stats San Francisco Online Fundraising 217

Qgiv

AUGUST 4, 2023

Having a successful volunteer management strategy will help you increase your volunteer retention rate, which ultimately creates more efficient volunteer staff. Why is volunteer retention important? Volunteer retention is your organization’s capacity to keep volunteers active and engaged with your work. Data Collection.

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Retention Volunteer Management Practice 95

sgEngage

MAY 30, 2024

Employee retention is critical for the health of any organization, particularly for nonprofits. High retention leads to better outcomes all around as the organization saves money and develops stronger performers internally. Plus, as a manager in a nonprofit, retention is a key component of your job.

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Retention Management Tips Nonprofit 86

Greater Giving

DECEMBER 12, 2022

But as we kick off 2023 and look back at what worked well in 2022, an excellent tool for evaluating donor retention is to look at the donors that gave last year but unfortunately not this year (LYBUNT) and work on engaging them with new opportunities to give. ” TIP: How do you Calculate Donor Retention Rate?

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Retention Donor Support Giving 91

Get Fully Funded

JANUARY 30, 2023

It’s a great time of the year for some hot donor retention strategies! I teach my clients that offering warm touches – the little things that warm a donor’s heart and make them feel good – are THE BEST donor retention strategies to keep people giving. And the good news is that increasing donor retention isn’t that hard.

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Retention Donor Strategy Newsletter 98

Association Analytics

SEPTEMBER 13, 2023

Let’s dive into how learning analytics can drive engagement, improve course completion rates, identify gaps in learning programs, and optimize the learning experience. Example: Through a learner sentiment analysis, one association discovered that one of their courses consistently received low ratings due to challenging content delivery.

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Analytics Education Program Impact 169

Association Analytics

JUNE 25, 2024

But what if we told you the keys to better retention results are in the data you already have? Compelling subject lines and preview texts can significantly impact open rates. With all these strategies, just be prepared to adapt based on the results and feedback from your members. Why Don’t Members Renew?

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Campaign Associations Channel Retention 169

Association Analytics

JANUARY 12, 2022

Use data to check your “vitals” Just like humans have vitals (temperature, blood pressure, heart rate), your organization does as well. Examples could include member retention rate, email opens, headcount expenses or meeting sponsorship sales. Clearly Communicate Results. Try to speak truthfully.”.

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Goal Data Support Metrics 169

Achieve

MAY 24, 2024

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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Rate Retention Donor Campaign 52

Bloomerang

FEBRUARY 13, 2023

Community Brands recently shared donor retention data that reinforced alarming trends that the nonprofit sector has been monitoring for a while. In their survey, they asked nonprofits what their current donor retention rate was: about 60% said they didn’t know and the rest had an average donor retention rate of 45%.

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Donor Strategy Help Retention 106

Nonprofit Tech for Good

APRIL 23, 2019

But due to many common challenges to constantly reach new donors, retain existing donors, and increase operational efficiency the amount of effort to impact lives doesn’t always result in the high return it should. In the 2018 Charitable Giving Stats from NP Source , 77% believe everyone can make a difference by supporting causes.

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Metrics Nonprofit Profile Platform 263

.orgSource

MARCH 18, 2024

That repositioning resulted in strategies that revolved around the physician, and it drove products and services in the same direction. Maybe your retention rate isn’t as high as you’d like, or your topline revenue isn’t where you want it to be. Those are value-based outcomes that may result in growth.

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Associations Jordan Podcast Industry 221

Bloomerang

AUGUST 16, 2021

One of the biggest problems nonprofits face is improving their low donor retention rate. If you have no idea what a good or poor donor retention rate is, it’s difficult to measure your own performance. For example, retention rates tend to be higher for mid-level and major donors. Start with benchmark data.

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Analytics Strategy Fundraising Benchmark 124

Candid

FEBRUARY 27, 2024

When you hear directly from clients, you can better tailor services to their needs and preferences, which, in turn, helps increase client retention and impact. At L4G, response rates vary by collection method, from a median of 64% for in-person surveys to 32% for emailed surveys. Are the ratings worse in certain programs or locations?

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Rate Survey Nonprofit Sample 125

Candid

JUNE 28, 2022

Donor retention is the measurement of how many donors continue giving to your nonprofit year after year. Maintaining a high retention rate means your nonprofit has access to ongoing, sustainable financial support. Maintaining a high retention rate means your nonprofit has access to ongoing, sustainable financial support.

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Donor Retention Rate Database 109

Nonprofit Tech for Good

MAY 16, 2024

This leads to more donor engagement, higher donations, and better donor retention. Higher Donation Amounts Moreover, data-driven donation requests have been shown to result in higher donation amounts. Improved Donor Retention Additionally, smart donation asks contribute to improved donor retention rates.

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Donation Data Fundraising Analytics 231

Association Analytics

MARCH 13, 2024

The resulting data can help identify where members are in their journey, which members might be falling through the cracks, what opportunities your association can take advantage of to improve membership offerings and benefits, and so much more. Do you want to improve retention numbers? Keep things recent to get the most accurate data.

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Analytics Associations Model Metrics 169

Nimble AMS

DECEMBER 18, 2024

When you offer early-bird discounts or group rates, you can fill event openings quickly, giving you a better idea of the demand for your events. Are you looking to increase membership numbers, improve retention, or grow non-dues revenue? Driving event attendance. Encouraging long term engagement. Learning courses or products.

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Associations Adopt Registration Profit 103