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How To Find New Donors In 2024

How To Find New Donors In 2024

FromThe Nonprofit Show


How To Find New Donors In 2024

FromThe Nonprofit Show

ratings:
Length:
30 minutes
Released:
Apr 10, 2024
Format:
Podcast episode

Description

The transformative potential of strategic fundraising approaches grounded in donor-centricity, digital innovation, and proactive volunteer engagement in 2024.  We are led by Katie Gaston, Senior Product Marketing Manager at Bloomerang, and she talks about meeting donors where they are, leveraging technology, and cultivating volunteer support.  By embracing these principles, nonprofits can unlock new avenues for growth, sustainability, and mission impact. As Katie begins, being a storyteller is foundational to effective fundraising. She emphasizes the importance of crafting compelling narratives that resonate with donors' values and interests. She states, "We have to share the story in a meaningful way...so that it really resonates with what is meaningful to the individual." This is key for understanding donors on a deeper level and tailoring communications accordingly. One of the key strategies discussed is the imperative of meeting donors where they are, especially in the realm of digital giving. Katie highlights the potential of digital wallets like PayPal, Venmo, and Apple Pay in facilitating seamless donations. She notes, "By simply turning on things like Apple Pay and Google Pay, you can increase your donation page conversion rate by 8%." This statistic speaks to the immense impact of integrating user-friendly payment options to enhance donor engagement and conversion. Continuing, Katie elaborates on the untapped potential of volunteers as donors. Contrary to common apprehensions, she advocates for actively engaging volunteers in fundraising efforts, citing research indicating that 92% of volunteers are likely to donate to the organizations they serve. She says, "Cultivating them and seeing them as potential donors is a massively missed opportunity." , highlighting the importance of recognizing volunteers not only for their time but also for their potential as valuable supporters and donors. Katie adds her thoughts on donor research, as an advocate for a culture of continuous learning and adaptation, she recommends regular donor research, both qualitative and quantitative, to stay attuned to shifting donor preferences and behaviors. She urges NPO’s to leverage tools like wealth insights and volunteer management systems, enabling more targeted and effective fundraising strategies.Watch on Video!Follow 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:
Apr 10, 2024
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