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Session Sponsored by Frontstream-April 13, 2016Online Fundraising Best Practices for Nonlprofits
Online Fundraising Best Practices for Nonlprofits Session Sponsored - - PowerPoint PPT Presentation
#FSWebinar Online Fundraising Best Practices for Nonlprofits Session Sponsored by Frontstream-April 13, 2016 #FSWebinar TODAYS SESSION Welcome! A copy and recording of todays If youre tweeting about presentation will be made
#FSWebinar ¡
Session Sponsored by Frontstream-April 13, 2016Online Fundraising Best Practices for Nonlprofits
#FSWebinar ¡
Use the questions panel to contribute.
If you’re tweeting about today’s session, use #FSWebinarTODAY’S SESSION
Welcome!
A copy and recording of today’s presentation will be made available after the session.Online Fundraising Best Practices for Nonprofits
Session Sponsored by Frontstream- April 13, 20163% of our Products (free products & services) 3% of our Profjt (cash donations) 3% of our People (volunteer 1 day per month)
Firespring Power of 3
NEBRASKA’S FIRST CERTIFIED B CORPORATIONOnline Fundraising Best Practices for Nonprofits
Most nonprofits send visitors away to engage instead of keeping them on their website. YOUR WEBSITE
THE FOUNDATION OF YOUR ONLINE PRESENCE
your
The 5 elemen he 5 elements of a pow ts of a powerful and eng erful and engaging w ging website. ebsite.
82% of donors visit
a nonprofit’s website before giving.
The 5 elemen he 5 elements of a pow ts of a powerful and eng erful and engaging w ging website. ebsite.
Functional tools that engage visitors Weekly updated news/events 5 ELEMENTS OF AN ENGAGING WEBSITEYour website can be cost- effective, beautiful, mobile friendly AND a workhorse.
R.O.I. > Cost. You don’t have to choose.
The Firespring webinar series.
firespring.org/webinars
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058 EDUCATION WITHOUT EXPECTATIONSEARCH ENGINE
YOUR WEBSITE
APPEAL LETTER EMAIL MARKETING WORD OF MOUTH FACEBOOK BLOG POST
WHAT IS A LANDING PAGE?
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058 EDUCATION WITHOUT EXPECTATIONThe Firespring webinar series.
firespring.org/webinars
Using the Internet to Raise Funds and Build Donor Relationships
STEPS TO ONLINE FUNDRAISING SUCCESS
STEPS TO ONLINE FUNDRAISING SUCCESS
GATHER EMAIL ADDRESSES (BOTH ONLINE AND OFF).
1
#
PROVIDE EASY, ONLINE REGISTRATION TO EVENTS.
2
#
STEPS TO ONLINE FUNDRAISING SUCCESS
Join us to Learn!
Register NowCOMMIT TO BECOMING A THOUGHT LEADER.
3
#
STEPS TO ONLINE FUNDRAISING SUCCESS
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058The Firespring webinar series.
firespring.org/webinars
EDUCATION WITHOUT EXPECTATIONUSE SOCIAL MEDIA TO EXTEND YOUR CAUSE.
4
#
STEPS TO ONLINE FUNDRAISING SUCCESS
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058The Firespring webinar series.
firespring.org/webinars
EDUCATION WITHOUT EXPECTATIONOPTIMIZE YOUR WEBSITE FOR SEO.
5
#
STEPS TO ONLINE FUNDRAISING SUCCESS
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058The Firespring webinar series.
firespring.org/webinars
EDUCATION WITHOUT EXPECTATIONLori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058The Firespring webinar series.
firespring.org/webinars
EDUCATION WITHOUT EXPECTATIONUSE A PROFESSIONAL DONOR DATABASE TOOL.
6
#
STEPS TO ONLINE FUNDRAISING SUCCESS
INTEGRATE ONLINE AND OFFLINE EFFORTS.
7
#
STEPS TO ONLINE FUNDRAISING SUCCESS
to Measure Fundraising Performance
the power of
PEER
GROUPS
NONPROFIT BEST PRACTICEAverage gift size and # of gifts
1
#
Total Raised ÷ # of Donations
Use for budgeting, forecasting and planning to calculate the fundraising potential of a campaign, event or budget year.
METRICS TO MEASURE FUNDRAISING PERFORMANCE$100,000 ÷ 2,000 Donations = $50 avg. gift
Giving by activity and return per activity
2
#
Giving by Activity ÷ Cost per Activity
Use to determine which activities, events or other fundraising efforts are most effective.
METRICS TO MEASURE FUNDRAISING PERFORMANCE$10,000 raised ÷ $2,000 cost = $5 return/$1
Conversion rate
3
#
# Targeted ÷ # Converted 1,000 Targeted ÷ 100 Converted = 10% Conversion
METRICS TO MEASURE FUNDRAISING PERFORMANCEUse to determine how effective your campaign, event or activity is at encouraging donors to give, visit your site, reply to an email, etc.
Conversion rate
3
#
Scary fact:
up to 70%
OF DONORS
ABANDON
AN ONLINE DONATION FORMThese are potential donors who went to your site, clicked Donate Now, but didn’t follow through.
METRICS TO MEASURE FUNDRAISING PERFORMANCECost per $1 raised
4
#
Total cost ÷ Total raised
Use to calculate how much money it takes to raise $1 for the organization.
METRICS TO MEASURE FUNDRAISING PERFORMANCE$250,000 cost ÷ $1 million = $0.25 cost/$1
Donor retention
5
#
# of donors who gave in 2015 and 2014 ÷ # of donors who gave in 2014
Use to determine whether a donor who gave in a prior time period/activity gave in the present time period/activity.
METRICS TO MEASURE FUNDRAISING PERFORMANCE800 1st & 2nd Year ÷ 1000 1st year = 80% retention
the importance of
57%
attrition each year.
THE IMPORTANCE OF DONOR RETENTION43% RETENTION
Nearly 6 out of every 10 donors from the previous year did not donate the next year.
THE IMPORTANCE OF DONOR RETENTIONLori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058 EDUCATION WITHOUT EXPECTATIONThe Firespring webinar series.
firespring.org/webinars
CONNECTING WITH YOUR CONSTITUENTS USING EMAIL MARKETING TOOLS
BENEFITS
Every recipient should feel like an “insider”
“Your newsletter isn't really about getting people to read your articles. Your newsletter is actually about delivering joy to your donors repeatedly.“ —Tom Ahern
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058 EDUCATION WITHOUT EXPECTATIONThe Firespring webinar series.
firespring.org/webinars
ü Understand and apply the 5 ELEMENTS of a powerful and engaging nonprofit website. ü Focus on ROI instead if COST. ü Provide easy, online EVENT REGISTRATION tools. ü Commit to becoming a THOUGHT LEADER. ü Use SOCIAL MEDIA to extend your cause. ü Optimize your website for SEO. ü Use a professional DONOR DATABASE tool. ü MEASURE your key fundraising metrics. ü Make EMAIL SUBCRIBERS feel like INSIDERS. ü Keep learning! Attend FIRESPRING webinars and visit NONPROFITHUB.ORG regularly.
Action Steps
nonprofithub.org
#FSWebinar ¡
THANK YOU to
Educate without Expectation
NEBRASKA’S FIRST CERTIFIED B CORPORATIONEducate with some Expectation
NEBRASKA’S FIRST CERTIFIED B CORPORATIONnext 5 minutes
Supports your engagement strategy.
Firespring solves a problem
78% of nonprofit websites are designed for less than $750.
always trying to “do more with less”
The average nonprofit rebuilds their website every 2 to 2 ½ years.
The result of
EMAIL MARKETING CONTENT MANAGEMENT SYSTEM
EVENT REGISTRATION NEWSFEEDS LANDING PAGE TEMPLATES
SEARCH ENGINE OPTIMIZATION ONLINE DONATIONS FUNDRAISING BOOTCAMP LEGENDARY SUPPORT & TRAINING
Every website includes a responsive mobile theme
It would cost more than $50,000 plus a full time person year
and maintain all of this yourself.
BUNDLED PROFESSIONAL SERVICES
$500 onboar 500 onboardin ding g gr grant a ant availa ailable for ble for quali qualifj fjed nonpr ed nonprofj fjts ts. .
Must act within 30 days of this webinar.firespring.org/trial
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The Firespring webinar series.
Education without expectation • firespring.org/webinars
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058Q&A
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058Let’s connect on LinkedIn.
@jaywilk
THANK YOU
Lori Kadavy
Director, Nonprofjt Education & Outreach lori.kadavy@firespring.org 877.447.8941 ext. 1058