Donor Acquisition: 5 Effective Strategies for Social Media

J Campbell Social Marketing

When used correctly, social media can be one of your most powerful tools for donor acquisition. If you’re ready to revitalize your social media donor acquisition strategy and ramp up your nonprofit fundraising , it’s time to dive into these effective tips.

Donor Acquisition: What is It? And How Do You Optimize It?

Fundraising Report Card

Simply put, donor acquisition is the number of first-time donors you’ve acquired within a given time frame. Monitoring donor acquisition can … Continue reading "Donor Acquisition: What is It? The post Donor Acquisition: What is It? Metrics 101 donor acquisition cost donor acquisition strategy donor acquistion donor lifetime value

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Acquisition Addiction

The Agitator

Acquisition addiction is to fundraisers what steroids are to professional cyclists. I’ve just read Are You Addicted to Acquisition? Donor acquisition Donor retention / loyalty / commitment premium Its contagious nature stems from the perception that since every one else is doing/using, I’m at a competitive disadvantage if I don’t. Peer pressure at its worst. written by Ece Ünver , on the Fundraising 101 blog.

The Year For Acquisition

The Agitator

Because I want to float the idea that 2017 should be a year for unprecedented donor acquisition. Consequently, it almost pains me to write a post saying: ‘Put the pedal to the metal’ this year on donor acquisition. Because I know how much of that acquisition success will be squandered via the leaky buckets about which Roger warns so effectively. I’m writing this post with great trepidation.

Donor Acquisition Versus Retention in 2013

Kivi's Nonprofit Communications Blog

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Question: How Much Acquisition?

A Small Change

How much major donor acquisition does your organization do? How important is donor acquisition for your organizations? Do you ever struggle to know how much time do you spend you should spend building new relationships versus growing existing ones? I am working with a younger major gifts program and my role is to build new relationships. My goal has been to meet with one person every day to bring them close to the organization.

Organizing Your Acquisition

A Small Change

Related posts: Question: How Much Acquisition? Over the past few weeks I have had a number of conversations with new donor prospects. My goal has been to meet with a number of new people each week and begin a relationship with them. Here are a few tips and ideas to help in setting up a larger number of meetings with multiple new prospects. I’d love to hear some of your tricks of the trade. Book back-to-back meetings in the same location on the same day.

Acquisition Topics

The Agitator

Roger and I have begun preparing a series of posts focusing on donor acquisition. We’d welcome your comments regarding priorities amongst these topics … or other acquisition issues you’d like us to address. Acquisition direct mail direct marketing Don't Miss these Posts email marketing fundraising marketing metrics nonprofit management online fundraising telemarketing

Grow Your Email List With These 14 Paid Email Acquisition Sources

Kivi's Nonprofit Communications Blog

Paid acquisition supplements organic growth and helps you grow your base of support more quickly, for a price of course. There are 4 basic types of paid email acquisition. Before you get started with paid acquisition, do this: Paid Acquisition Tips. Track your ROI – (how do the acquisitions perform vs the general list, against other acquisition sources, over time). Here are 14 paid acquisition resources for you to consider: Cost Per Action (CPA).

Acquisition, But First …

The Agitator

As promised, Roger and I are about to do some systematic posting on donor acquisition. So, as you fantasize about your new killer acquisition package, consider that, in addition to all those muttonhead non-responders, 73% of its actual donor delivery will be effectively wasted. OK, now we’re ready to talk about acquisition. But we are compelled — yes, compelled — to start the ball rolling with yet another warning about donor retention!

Diving in with Donor Acquisition Cost (Season 1, Episode 3)

Fundraising Report Card

Learn why Donor Acquisition Cost is so important, how to gather this data, and how to use this data to make better decisions. Topic Timestamps Donor Acquisition Cost [01:40] What is … Continue reading "Diving in with Donor Acquisition Cost (Season 1, Episode 3)". The post Diving in with Donor Acquisition Cost (Season 1, Episode 3) appeared first on Fundraising Report Card. Podcast donor acquisition cost

Cost 40

Breaking Down Your Acquisition Silos

The Agitator

It advocates breaking your mental jars of acquisition money and (shockingly) using them where they can do the most good. Arbitrage opportunities abound for those willing to break out of acquisition silos: If you haven’t looked at your metrics lately, you might find that mail has a 24-month payback period and online a six-month one. Lapsed reactivation versus new donor acquisition. Do you run the same acquisition mail volume or ad spend every month?

How Brand Powers Your Employee Retention & Acquisition Prowess

Mission Minded

The challenge of this encouraging news is that employee retention and acquisition is on the minds of many nonprofits. Employee Acquisition […]. The post How Brand Powers Your Employee Retention & Acquisition Prowess appeared first on Mission Minded. We’re fortunate to be working in a time of low unemployment. We want to find – and keep – great employees. Have you thought about the role brand plays in this challenge? Smart nonprofits do.

3 Email Acquisition Campaigns You Can Use to Grow Your Email List

Kivi's Nonprofit Communications Blog

Along with the tips, you can register to download an all-new resource - Get Started with Email Acquisition Campaigns: Tactics, Apps and Real-World Examples to Inspire. We get a lot of questions about how to grow your email list, so we decided to create a new advice and tips page devoted solely to growing your email list. We still have a page focused on email newsletters, but we thought that email list growth needed its own page.

Acquisition: Why ‘Best Practices’ Suck

The Agitator

One organization copying another organization’s seemingly successful acquisition package simply leads to the next doing the same. So couple lack of innovation (the duplication of the same old/same old prospecting packages) with the horrid absence of brand awareness and you have 90% or more of today’s acquisition mail. The fact is that where there is no brand recognition for a nonprofit there is likely to be poor acquisition.

[Guest Post] Donor Acquisition – the painful necessity of fundraising

Fundraising Coach

Donor Acquisition – the painful necessity of fundraising. This is the harsh reality of donor acquisition direct mail. Donor acquisition – painful but necessary. It’s painful because donor acquisition campaigns almost never make money. You may be familiar with direct mail costs and typical response rates – for both donor acquisition and donor renewals. You may be fully aware that donor acquisition is a critical investment in your future growth.

The Most Important Step in Donor Acquisition

The Agitator

Whether focusing on new donors from #GivingTuesday, the fall acquisition effort, or next year’s acquisition campaign it’s wise to remember that lousy first year retention rates are largely due to the horrible way donors are brought on board. In fact, it’s right upfront –as close to the moment of acquisition as possible– when fundraisers can be most effective in bolstering donor retention and value. #Giving Tuesday 2017 is now in the rearview mirror.

Acquisition: Asking The Wrong Question

The Agitator

At the time Lisa Sargent worried that our intense focus on retention might be interpreted as damning acquisition in general, and she urged us to do more on the flip side of the ‘retention’ coin, namely acquisition. Good and important advice, especially in light of recent media stories on the cost and results of some acquisition practices. In the weeks ahead Tom and I will devote a steady stream of attention to the challenge of donor acquisition.

Retention Is The New Acquisition

The Agitator

As acquisition costs rise and response rates plummet, Tom and I have stepped up our rants on retention. In our view, retention is the new acquisition. Lots of folks pay lip service to the importance of donor ‘retention’. Far fewer know much about it, let alone do much of anything about it.

Acquisition: Its Costs And ROI – Part 2

The Agitator

You can do the calculation on the back of an envelope … [Gross income from donor over whatever period of years you choose MINUS the cost of Acquisition + the per donor costs of file maintenance, overhead, cultivation, appeals and renewal = Lifetime Value]. Example: Premium Acquisition Program. Premium-driven acquisition programs are notorious for their low average gifts and lousy retention rates. Note the 5% acquisition response rate in Year 1 in the table above.

Acquisition: ‘Social Media Is B t’

The Agitator

Here at the Agitator we touch a lot on the use of social media (see Tom’s post of yesterday or search our category, social networking), so I decided to include Mendelson’s insights as part the Agitator Acquisition series. It’s important differentiate the use of social media for acquisition from its ongoing and reinforcing use in dealing with already-acquired donors and supporters. If nothing else, the author of the iconoclastic Social Media is B t writes great teaser copy.

Acquisition: The ‘Less Cost Is Best’ Fallacy

The Agitator

Then go re-thing your acquisition strategy and budgeting. Acquisition Don't Miss these Posts fundraising marketing metrics nonprofit management nonprofitsBy now you’ve shown your CEO, CFO and Board the famous Dan Pallotta TED presentation — The way we think about charity is dead wrong. If you haven’t, you deserve a scolding. Here it is, and here’s why you should view it.

Acquisition – Direct Mail: The Exquisite Corpse

The Agitator

So, as The Agitator begins exploring various acquisition channels, I want to start off by making certain everyone understands that the “Direct Mail Is Dead Myth” is just that — a myth. To believe otherwise is to deny the existence of the most predictable and potent of the acquisition channels. Acquisition direct mail Don't Miss these Posts fundraising online fundraisingFor nearly 20 years prognosticators have prematurely heralded the death of direct mail.

Acquisition: Guilty Until Proven Innocent

The Agitator

Before we wade into the nuts, bolts, techniques, pitfalls and opportunities in our Acquisition Series, we want to once more remind everyone of the climate in which today’s acquisition efforts are conducted. Long before the recent spate of media attention on acquisition costs and practices, there was a growing belief on the part of donors that most of their contributions were ploughed back into fundraising and overhead and little used to make the world a better place.

Acquisition: Premiums, Crack Cocaine And Nonprofit Suicide

The Agitator

Almost every direct response fundraiser who can count eventually comes to the realization that reliance on premiums to boost short-term acquisition response rates is a long-term prescription for poor retention and lousy lifetime value. Choosing to ignore the ‘premium problem’ is far too often the option selected in the drive to keep acquisition rates high and CEOs happy. Acquisition charities direct marketing Don't Miss these Posts DonorVoice fundraising research

Acquisition: More On Counterintuitive Effects Of Premiums

The Agitator

Acquisition direct marketing Don't Miss these Posts drtv fundraising Hot Research nonprofitsJust to keep the pot boiling here’s a follow-up on my Premiums, Crack Cocaine and Nonprofit Suicide post that spawned some helpful comments. I was particularly interested in the comments of readers with experience in public broadcasting, where the use of back-end premiums or ‘thank you’ gifts continues — after 30 or more years — to be hotly disputed.

Acquisition: Prospecting Hope For Small Organizations

The Agitator

Sadly, when it comes to direct mail acquisition the deck is stacked against small organizations; especially those with a regional or local mission focus. Fortunately, there’s hope – the use of predictive analytics to build productive and high-yield, high-retention acquisition programs. I asked Ann what her experience had been with using acquisition models for small organizations and whether or not that approach was successful.

Donor Acquisition Series #1-WANTED: An Investment Mindset

The Agitator

Safe to go back into he acquisition water? Board Meeting Swipe File Donor acquisition Nonprofit management premiumAmong the first of the New Year’s resolutions received at Agitator Global HQ was one from Peter Maple and his Association of Grumpy Old Fundraisers who know stuff.

Fundraising letter for acquisition mailing

Fundraising Coach

Last week, I received this question about a fundraising letter acquisition mailing. Hi Marc, We are doing an acquisition mailing to patients of Local Community Clinic on behalf of Local Community Clinic Foundation, a 501c3 that offers support to the Clinic and the Community. Actually, I’ve been told (and experienced myself) that acquisition mailings lose money. acquisition mailing fundraising letters questionmarc

How You Should Really Be Thinking About Acquisition Costs

The Agitator

Here’s a brief excerpt from Retention Fundraising on the importance of building the cost of key retention efforts into your acquisition. Donor acquisition Donor retention / loyalty / commitment Telemarketing premium Editor’s Note: The e-Book version of Retention Fundraising: the new art and science of keeping your donors for life is now available. You can click here to order either the e-Book or print versions.

Acquisition: What About Testing DRTV?

The Agitator

Direct Response Television (DRTV) isn’t for everyone, but for many organizations it’s proven to be a powerful and essential tool in acquiring monthly donors. My friend Russ Reid, pioneered this medium in the U.S. and today the Russ Reid Company carries on his tradition. . In this first of a series of posts by Robbin Gehrke , Creative Director of that company, you’ll get a good idea if DRTV is for you and your organization. Roger. So You’re Thinking of testing DRTV?

Door Acquisition Series #3 – NEEDED: A Better Plan

The Agitator

Many fundraisers tell me that donor acquisition is one of their biggest problems. Part of the answer may lie in the silos that exist separating ‘acquisition’ from ‘donor development’ functions in many shops. But I suspect there are two, far larger reasons: Failure to understand and plan for the true, detailed complexities of acquisition; Unwillingness to invest the time and.

Acquisition: Predictive Analytics And The Presidency

The Agitator

History’s most expensive acquisition effort – the $2 billion campaign for the US Presidency – comes to an end today. Hopefully by late tonight, or at least in the next few days, we’ll know which voter acquisition campaign was the most successful. Because many of the approaches used by the campaigns in search of votes — and the media, in search of accurate predictions on the outcome — bear watching in terms of our own acquisition efforts.

Acquisition: Direct Mail Testing – Part 1

The Agitator

Given the ever-worsening problems with acquisition and the long-term stakes involved in dwindling donor files, the time has come to drastically change the way direct mail testing is done. P.S. In Acquisition: Direct Mail Testing – Part 2, we’ll look at the Importance of Avoiding the Baby and the Bath Water. Acquisition database marketing Denny Hatch direct mail direct marketing Don't Miss these Posts DonorVoice fundraising marketing metrics nonprofits

Donor Acquisition Series #4 – A Bicycle Built For Growth

The Agitator

As I’ve indicated in the first three parts of this series, most nonprofits need to become a lot more savvy about ‘acquisition’ At the same time it’s essential to understand how ‘acquisition’ and ‘retention’ operate in tandem to determine an organization’s future. We all know that acquisition and retention are the flip sides of the same coin.

Acquisition: Innovation, Risk, Cowardice And Failure

The Agitator

We’re now about half way through this series on Acquisition. So, as I outline the posts I’m about to write for the second half of the Acquisition Series, I’m curious: What are you seeing by way of pay-for-performance out there? Acquisition Don't Miss these Posts fundraising innovation nonprofit managementIn the next half I’m about to weigh in with more thoughts on the innovative and the risky.

Acquisition: Direct Mail Testing – Part 2

The Agitator

Acquisition database marketing direct mail direct marketing Don't Miss these Posts DonorVoice fundraising marketing metrics nonprofitsOne of the biggest pitfalls in direct mail testing is the ‘baby & the bathwater’ problem. The problem occurs when an organization or its consultant creates and mails a test package with numerous test elements. Or to put it in the vernacular, a whole bunch of stuff is changed.

Acquisition: Crafting An Irresistable DRTV Offer

The Agitator

Acquisition communications creativity direct marketing Don't Miss these Posts drtv fundraising“Nothing can make a bigger difference than the success of a DRTV offer – assuming your call center and TV/digital media buy are solid,” notes Robbin Gehrke, Executive Creative Director of the Russ Reid Company , in this 2 nd installment in her series on DRTV essentials. Here’s her first post. Roger.

Donor Acquisition Series #2 – Lifetime Value: The Key Metric

The Agitator

Direct mail Donor acquisition Donor retention / loyalty / commitment Fundraising analytics / data Nonprofit management premiumA drunk loses the keys to his house and is looking for them under a lamppost. A cop comes over and asks what he’s doing. “I’m looking for my keys,” he says. “I lost them over there.” ” The policeman looks puzzled. “Then why are you looking for them all the way over here?”

WANTED: Fundraisers With Merger, Acquisition and Investment Banking Experience

The Agitator

The desirability of debt, of equity investment, of mergers and acquisitions. What about divestiture, mergers and acquisitions? New thinking and new approaches are fundamental necessities for survival and growth. Not because all “old” ways are bad. Not all are. And surely not because the next, shiny new thing is likely to be better. It’s not. In a sector desperate for growth new solutions and approaches to financing must be explored.

Acquisition: 16 Reasons Your Prospecting Is Running Out Of Gas

The Agitator

Acquisition communications direct mail direct marketing Don't Miss these Posts fundraising nonprofit management online publishingYour prospecting returns are dropping … running out of gas. What’s the problem? Here are some reasons I can think of. If it’s been happening for awhile … a longer-term trend. The worst news possible … your cause/mission/strategy is simply losing relevance and importance to an otherwise well-targeted audience.

Fundraising Challenge: Acquisition -- Evolutionary vs. Revolutionary Thinking

Donor Power Blog

So, to get back on point, the premise around this topic, in simple terms, is that we all know how we calculate the cost to acquire or the cost per dollar raised on our acquisition campaigns, at the campaign level. Greg would say, with regards to acquisition, none.

Informal Learning and the Acquisition of Expertise

Cause Related Marketing

Researchers say that it takes right about 10 years to acquire expertise in anything.And the Tiger Woods video above notwithstanding, it isn’t innate talent that makes you an expert, but those 10 years of study and practice.