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Cause Selling Nonprofit Power Week - Day 2

Cause Selling Nonprofit Power Week - Day 2

FromThe Nonprofit Show


Cause Selling Nonprofit Power Week - Day 2

FromThe Nonprofit Show

ratings:
Length:
31 minutes
Released:
Jul 11, 2023
Format:
Podcast episode

Description

This is a Nonprofit Power Week interview with Tony Beall, the Senior Director of the National University Academies Relationship Center. The topic of discussion is the Cause Selling Cycle for nonprofit fundraising. The conversation focuses on Phase 2 of the cycle, specifically Steps 3 and 4. The Cause Selling Cycle is a three-phase, eight-step process that begins with prospecting and concludes with stewarding donor relationships.The hosts and Tony emphasize the importance of formalizing the fundraising process and tracking progress through the cycle. They discuss the significance of making a good first impression during the approach phase and highlight different approaches that can be used depending on the donor's interests and preferences. They also stress the need for cultivation and stewardship during events, where board members and volunteers can play a role in engaging potential donors.The interview moves on to Step 3, which focuses on approaching prospective donors. Tony explains that the approach is about capturing the interest of prospects and making a positive impression. He emphasizes the need to personalize the approach based on what has been learned about the donor's passions and interests.The conversation then shifts to Step 4, the needs discovery phase, which is considered the “heart of the Cause Selling Cycle”. This step involves active listening and understanding the donor's readiness to commit, their passions, and aligning their ethics with the organization's. Tony highlights the importance of questioning techniques and listening skills during this phase to gather critical information about the donor.Next, Step 5 is discussed—the presentation phase. The hosts and Tony explain that this step involves preparing and delivering a presentation tailored to the donor's interests and preferences. They emphasize the power of personalization and creativity in creating meaningful experiences for potential donors. Props and visual aids can be used to make the presentation more engaging and memorable.Throughout the conversation, Tony emphasizes the need for fundraisers to trust their instincts and make decisions based on the relationship's dynamics and compatibility. He also mentions the importance of capturing information from each step of the cycle and using it to inform future interactions with donors.The interview concludes with a reminder to explore the free online portal provided by Fundraising Academy, where the curriculum and additional resources can be accessed for a deeper understanding of the Cause Selling Cycle.Watch on video https://bit.ly/46GTIvQFollow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
Jul 11, 2023
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu