FundRaising Success

You will be automatically redirected to fundraisingsuccessmag in 20 seconds.
Skip this advertisement.

Advertisement
Advertisement
 
 

Five Things You Must Do to Ensure a Second Gift

September 2008 By Lynn Edmonds

* Call donors who give over a certain dollar level ($50+, $100+, for example) to personally thank them for their generous gifts. This also is an opportunity to ask questions, introduce donors to monthly giving and propose a second gift.

2. New-donor welcome kits.
A new-donor welcome kit is an excellent way to recognize the donor’s status as a new and much appreciated friend. It can include the thank-you letter described above — as long as you send it out quickly!

Other components may include a brochure about your programs or your latest newsletter. Add a small token of appreciation that represents the new relationship — like a membership or supporter card, a decal, a magnet, a bookmark, a charm or a key chain. This package should feature a soft ask — a subtle appeal for additional support in the letter, plus a reply card and return envelope.

You can send online donors an online new-donor welcome kit with a letter, brochure and links to more in-depth information on your Web site, as well as a video message or podcasts.

3. Second gift appeal.
Create a special appeal designed to get new donors to repeat their original gift amount. This appeal should be sent to new donors after their prompt acknowledgement but before their first regular appeal.

Consider using First Class postage, a closed-face outer envelope and a preprinted note card with a live, handwritten note referencing the first gift and asking the donor to give the same amount again. Target new donors who’ve given above a certain level, such as $50+, depending on your budget.

To simplify the process, use your acknowledgement data file for this appeal. Schedule this appeal to mail within two weeks of the acknowledgement.

4. Offer your strongest renewal appeals first.
When new donors move into your regular renewal cycle, present them with your strongest renewal offers first to encourage that second gift. Early matching-gift opportunities, and newsletters (with an appeal letter) with important proof of stewardship are both excellent ways to engage new donors and get them to give again.

5. New-donor first-year anniversary campaign.
Your best chance to positively influence new-donor retention rates is during their first two months to 10 months in your program. However, you also can improve new-donor retention by influencing donor behavior around the time of their first-gift “anniversary” — between 10 months and 13 months from their original gift date.

Contact one-time donors as they approach the anniversary of their first gift. In an effort to re-create the motivation behind the initial gift, tell donors that they’re now at the time when they gave before and urge them to give again at this same time one year later. Target donors who give above a certain level, if you have budget limitations.

For donors who have given $50+, with available telephone numbers, call them, or send a prerecorded thank-you voice message that reminds them of their upcoming anniversary.

By implementing these new-donor conversion strategies, especially prompt and personal thank-you letters, you’ll keep more of your new donors on board!

Lynn Edmonds is president of L.W. Robbins Associates. You can reach her at ledmonds@lwra.com.
 

Companies Mentioned:

SPONSORED CONTENT

MORE ON CAMPAIGNS / FUNDING SOURCES >>

FROM THE BOOKSTORE

<P>“Blanchard is demanding. He won’t allow you to flip through this book, nod your head, and leave. If you’re in, you’re going to have to invest to get your rewards.” <BR><STRONG>--Chris Brogan</STRONG>, president of Human Business Works <BR><BR>“Social media isn’t inexpensive; it’s different expensive. The human effort required to do it right is significant, and not knowing precisely how social media helps your business and how to gauge that progress is a dereliction of duty. In <EM>Social Media ROI</EM>, Blanchard provides the missing playbook for sensible, sustainable, profitable social communication. It’s about time.” <BR><STRONG>--Jay Baer</STRONG>, coauthor of <EM>The NOW Revolution: 7 Shifts to Make Your Business Faster, Smarter, and More Social <BR></EM><BR>“<EM>Social Media ROI</EM> gets down to the heart of the matter: How will social communications positively impact my organizational goals? Olivier takes us through a journey starting from the start, creating a strategy to achieve objectives, and in turn, the means to measure return on investment. If you want to get serious about online communications, you can’t go wrong with <EM>Social Media ROI</EM>.” <BR><STRONG>--Geoff Livingston</STRONG>, author of <EM>Welcome to the Fifth Estate</EM> and <EM>Now Is Gone</EM> <BR><BR>“Olivier explains the intricacies of building a social media-influenced company for every layman to understand. It is important to understand reach, attention, and influence for social media ROI. This is the book to help with that understanding.” <BR><STRONG>--Kyle Lacy</STRONG>, principal at MindFrame (yourmindframe.com) and author of <EM>Branding Yourself <BR></EM><BR>“Ladies and gentlemen, the social media code has officially been cracked. In <EM>Social Media ROI</EM>, Blanchard reveals how companies can apply the massive power of social media to achieve equally massive results. Incredibly practical, yet supremely enjoyable, this book offers a clear roadmap to growing your revenue in the dizzying world of tweets and retweets, likes and shares, connections and comments.” <BR><STRONG>--Sally Hogshead</STRONG>, author of <EM>Fascinate: Your 7 Triggers to Persuasion and Captivation</EM> <BR><BR>“If you know Olivier, you know he goes beyond the bullshit. He ‘gets it.’ This book will put you in the mindset to successfully plan and achieve real business objectives with social media. It’s a hard fact that good business decisions depend on real results. Olivier avoids the fluff with clear-cut ideas that will help you produce results.” <BR><STRONG>--Brandon Prebynski</STRONG>, social media strategist <BR><BR><STRONG>Use Social and Viral Technologies to Supercharge Your Customer Service! <BR></STRONG><BR>Use this book to bring true business discipline to your social media program and align with your organization’s goals. Top branding and marketing expert Olivier Blanchard brings together new best practices for strategy, planning, execution, measurement, analysis, and optimization. You will learn how to define the financial and nonfinancial business impacts you are aiming for--and achieve them. <EM>Social Media ROI</EM> delivers practical solutions for everything from structuring programs to attracting followers, defining metrics to managing crises. Whether you are in a startup or a global enterprise, this book will help you gain more value from every dime you invest in social media. </P> Social Media ROI

“Blanchard is demanding. He won’t allow you to flip through this book, nod your head, and leave. If you’re in, you’re going to have to invest to get your rewards.”
--Chris Brogan, president of Human Business Works

“Social media isn’t inexpensive; it’s different expensive. The human effort required to do


...

ORDER NOW

Available as a PDF.<BR> <BR>A guide to prospecting, lead generation, building an Opt-in database, tracking, social media integration, deliverability, mining content and balanced creative. While email marketing has reached maturity, there’s still plenty of life in this channel — if used wisely. <BR><BR>That’s the focus of this new guide to email marketing, with articles devoted to best practices for prospecting; continuing to build and refresh your opt-in file; how social and email work together; generating relevant content; keeping your messages safe from spam filters and junk-mail folders; and more. <BR><BR>Are you searching for ways to create stronger email marketing campaigns? <BR><BR>The DirectMarketingIQ and Target Marketing editorial teams have been researching, writing and collecting expert advice from industry leaders about how to create top-notch email marketing campaigns for years. <BR><BR>We’ve compiled this information and made it easy for you to find all in one place, with our easy-to-read report – <EM>Email Marketing That Works (2nd Edition)</EM>. Email Marketing that Works (2nd Edition)

Available as a PDF.

A guide to prospecting, lead generation, building an Opt-in database, tracking, social media integration, deliverability, mining content and balanced creative. While email marketing has reached maturity, there’s still plenty of life in this channel — if used wisely.

That’s the focus of this new guide to email



...

ORDER NOW

 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: