So many nonprofits have a leaky bucket problem: donors don’t stay after their first gift. We all know retaining existing donors costs so much less than acquiring new ones. Chris Vaughan shares his thinking on keeping donors in the bucket through mission connection; engagement; relationships; retention rate ownership; welcome streams; and more. He’s co-founder of Sequence Consulting.
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Welcome to Tony Martignetti Nonprofit Radio. Big nonprofit ideas for the other 95%. I’m your aptly named host, and I’m the pod father of your favorite hebdominal podcast. I’m glad you’re with us. I’d suffer the embarrassment of Pacion Nicia if you nailed me with the idea that you missed this week’s show. Here’s our associate producer, Kate, to introduce it. Hey Tony, here’s what’s coming. Low lift donor retention. So many nonprofits have a leaky bucket problem. Donors don’t stay after their first gift. We all know retaining existing donors costs so much less than acquiring new ones. Chris Vaughn shares his thinking on keeping donors in the bucket through mission connection, engagement, relationships, retention rate ownership, welcome streams, and more. He is co-founder of Sequence Consulting. On Tony’s take 2. A book update. Here is low lift donor retention. It’s a pleasure to welcome the co-founder and chief strategy officer of Sequence Consulting, Chris Vaughn. He helps associations grow their membership, revenue, and impact. He’s a frequent speaker and writer on the future of associations, membership, marketing, and growth strategy. The company is at sequence Consulting.com. And you’ll find Chris on LinkedIn. Welcome to nonprofit Radio, Chris Vaughn. Thank you, Tony. Great to be here. I’m glad you are. Thanks. Donor retention. Why don’t you, uh, set the stage. Uh, we’ve, we’ve heard statistics about, uh, dismal retention rates and costs of costs thereof, but It’s, it’s worth repeating because we don’t seem to be getting any better. So please help us, uh, like some motivation about why we should be paying attention to retention. Yeah, first, and just by way of background, uh, our focus is primarily membership organizations, and we’ve been working with them to help them grow for the last 25 years. Um, but we’ve also worked with major fundraisers, right? Folks like American Lung Association, the AARP Foundation, Jewish United Fund, United Way, and so on. And what we’ve observed across the years is that the retention issues are exactly the same. They’re almost identical, right? The struggles are the same, the root causes are the same, and the solutions are the same across membership and across the donor life cycle, which is, is interesting, but also really, really valuable because all the lessons that we’ve learned from helping associations plug their retention leak and grow also work, right, in the fundraising context and, and, and we know this as background, um, so on both sides of the equation, yes, the retention numbers are dismal. Um, fundraising excellence Project says overall retention, uh, fundraising donation, donor, donor retention is about 43%, uh, which is down 4 years in a row, right? So, uh, I believe, don’t quote me, but I believe it’s at an all-time low, right? So the trends have been, uh, declining for a really, really, really long time. Fewer than half. We’re, we’re, we’re keeping fewer than 50% of our donors. Total, fewer than half of your total donors, right? Or put it otherwise, half of your, more than half are walking out the door, right? Every year, perhaps never to be seen again. Um, what really jumps out about me in those statistics is first-time donor retention, right? Which the FEP says is the single most important unsolved problem in fundraising is that less than 1 in 5 first-time donors ever donate again. Man. So think about that, and that 60% of the overall funds that you raise are from repeat donors and you can see where the leaky bucket is, right? And that’s what we call it the leaky bucket. Uh, you’re working hard to acquire new donors, you’re bringing them in the door, but 4 out of 5 of those. are never gonna write a, a check to you sort of ever again. I have this image in my head, right, of Wile E. Coyote, you know, running off the edge of the cliff and his feet are just spinning, spinning, spinning, spinning. That’s acquisition, you know, that’s the way I think about it is you just gotta keep running faster and faster to replace the donor that you just got, you know, last month. The, the, the Roadrunner has the answer. If we, if, if the two could come together, they, they would, they would solve, they would solve this problem because the, the, the Roadrunner knows what he’s doing. Exactly, exactly. But we wouldn’t have much of a cartoon series. Yeah, well, all right, well, we’ll put the kids aside. I mean we’re trying to, we’re trying to solve an an existential problem here. All right, that’s true. Um, and, and we’re also really, really bad at recapturing those lost donors once they leave, right? The report says 3%, 3%, that’s the best we can do. So 3. 123, folks who have, uh, who know about us and have cared about us enough to, to make a gift at some point in the past, um, 4 out of 5 of them are gonna walk and less than 3% of those will ever come back and give again. So it’s, it’s a real challenge. Um, and it’s a real growth challenge, right? It’s like driving a speedboat with a hole in the bow, you know, it’s, it’s really difficult to grow if you’re constantly plugging the hole right behind you. So that’s, that’s the dynamic. I mean, that’s the setup, and I’m sure everyone who’s listening to this podcast feels that, right, every single day. So, what, what, what is it, uh, why, why don’t we get at some of the causes that you’ve identified that you want to talk through and, and we’ll, then we’ll, we’ll make our way through the, the donor experience and how we can improve it. But what are some, yeah, what are some root causes you’re seeing? So, so, so why do donors lapse? Why do members lapse? It, it’s never in the mission, right? It’s not like they, they lose heart, right? Or, or, or they stop caring for the reasons that they cared about in, in the future. Um, it’s that they don’t see themselves in the mission, right? So, they don’t see it in a way that’s personally relevant to them, right? And ties back to the things that they care about personally that kind of brought them to your mission in the first place. I think that’s, that’s one really important one. It’s a sense of impact. Right? People don’t come, they don’t make gifts like this, you know, just because they want to be a part of something, they want to make a difference, right? They want to make an impact. They want to know that they’re part of something that’s changing a world, the world in a way that means something to them, and that connection gets lost. Sometimes it gets lost immediately, right? They, they just, they don’t know where the impact really, really was. Uh, and then there’s the sense of, of relationship, and not in the sense that people are coming to these kinds of nonprofits for, for community. But they want to feel like you know them, right? That, that you, you care about them, that you acknowledge them as, as people and as donors and as part of your organization. And most organizations are really bad about that for a, for a number of reasons, but those are the primary reasons is, you know, it, it doesn’t connect. We don’t connect very well to the people and we don’t connect them very well back to the mission that they just contributed to. So, you know, when we talk about a relationship, I mean, we’re talking about a first gift. So, it’s not gonna be a deep relationship, but are we treating it like the beginning of a relationship, or are we treating it like a mere transaction? Exactly. And I, I would say that most kind of new members, um, feel like a target, right? Less than a partner, right? Sort of, you know, we, we hounded them down, we sort of chased them down, we’ve got them to give one gift and they’re like, OK, now what? Right? What, what’s gonna happen next? In the donor experience, what typically happens next? Nothing, right? Perhaps nothing. We eventually we’ll acknowledge the gift. Um, that could take a long time, right? Small staff organizations that are overloaded, right? That’s sort of one of the things that’s easy to push to the bottom of the pile is donor acknowledgement, donor recognition. I’ve been on the other side of that myself. I’ve donated to new organizations, right, whose missions spoke to me or I felt compelled to, and don’t hear from them for weeks and weeks and, and weeks, and then, and I, I, I literally forget that I did it. I have to look them up and go, OK, who, who is this that’s writing to me? So, I mean, I think that was a missed opportunity or Our first opportunity to connect with one is one that misses the message, right? So maybe we acknowledge the gift, maybe we talk more about the organization and ourselves and what we do, but we miss the opportunity to make that initial connection in such a way that is going to bring them back, right, to make that next gift. Are, are you envisioning some kind of, uh, uh, a, a message about the impact of the gift that you made, you know, because of, because of you, this work continues or we can do this, or what, what are you envisioning in a, in like in an ideal first communication, uh, not a, hopefully, it’s not a tax receipt, you know, you know, right. I mean, let’s not send, uh, OK, let, let’s get that off the table. Like it shouldn’t be a tax receipt. Uh, that can come later or it doesn’t even need to come at all. I mean, you can, you can have a narrative letter that’s, that includes the date of the gift, the amount of the gift, and then goes on to, letter or email. Uh, uh, uh, I’m not suggesting it has to be print, but whatever the channel, uh, that, that ties back to what your gift did. exactly, and so, so, um, Real life case study, work that we did with the American Lung Association, although they’re, they’re quite large, I think all the lessons learned apply, right, to small and medium sized nonprofits as well. But they were in exactly the same place where only 25% of their first year donors would, would ever give again. And, and they had a file of several, several million. donors that weren’t coming back, right? That had gone back about 5 years. So that’s very typical, uh, uh, problem that you might be up against. Their solve for it was, was two parts, and the first part was welcome stream, which we’ll talk about first, and the second part was recapturing last slapsed donors, and they had a lot of success. So let’s talk about that too. But the, the welcome stream acknowledged the fact that the decision to give again is made in the 1st 90 days at most, right? So if, if someone hasn’t recommitted. That they’re gonna support you on an ongoing basis in the 1st 90 days. They probably never will, and often it’s made much faster than that in the first month. So a really effective welcome stream responds immediately to the gift, right? Acknowledges it and then asks questions, right? Tell me more about you, Tony. Why did you give? What is it that you really, you really care about? How is this personally connected to you? So in the lung association, people give, uh, perhaps because someone or someone in their family, right, has, has, uh, you know, been exposed to had an experience of cancer or of COPD. So very personal missions. If we know that. We can communicate with you so much more effectively in the future about the things that we know you care about. So the first message was getting to know you. Tell us more about you and, and what brought you here. That was number 1. OK, well, before we go to number 2, how, how do you get that feedback back? So this is, this is an email and then folks are answering or it’s an SMS. It’s a, it, it goes in an email, but it’s a quick pulse survey. It’s just a really quick 5 questions, Quick survey. No, no more. Takes 10 seconds to answer it, right? But now I have that information on the file and I can segment my communications to you in a way that’s 100% more effective and people appreciate being asked, right? Like, oh, they want to get to know me. I’m not just a number. This isn’t just a transaction. This is more than a tax receipt. That’s week one. Week 2, we give them an offer, right? Here’s other ways that you could get involved. Thank you, Tony. You told us you care a lot about smoking cessation, and here’s some programs that you can get involved with, right? Here’s some other things that you can do. Here’s some other ways that you can give to sort of bring them in, sort of invite them into the organization in ways beyond writing checks. Also important, right? Sort of expands the relationship. And the third week, and this is counterintuitive, is to ask again, right? Make another gift. Three weeks after the first, and the campaign was incredibly successful and many, many people did because it was recent, right? It was personal, right? And we had shown both interest in them as a person and connection back to the mission. So very simple 3 part email series. There’s no reason, uh, any size not for profit couldn’t do that. Um, you know, based on all the modern email systems that we have now, uh, it really transformed their donor cultivation, right? Their first year retention skyrocketed by a campaign really just as simple as that. And over the next couple of years, they grew their donor file by 50%, 50, through a combination of more effective welcome stream and then this lapsed member campaign that we ran. OK, before we get to the lapsed members. Uh, all right, so this welcome stream is, uh, 1 a week, so you’re doing it in 3 weeks. So you’re trying to capture the, the, the, the, capture the folks who make that decision. You said, uh, most people make it within 90 days whether to give again, but a lot of people make it within 30 days. So you wanna, you wanna get, you want, you want the more recent. You’re, you want the within, within, you’re doing it within 3 weeks, 21 days. Yeah, the the the soon, the sooner the better, and I think that’s a big miss in a lot of these organizations is they feel like it can wait. Um, and we see this across voluntary organizations of all kinds of membership and donors. You, you cannot wait. Why, why do they, why do they, I, I haven’t heard that. I mean, I know we have trouble with retention. Obviously, I, I’m, I’m completely on board with, uh, uh, and agree with the, with the, the problem, but I, I haven’t heard, you know, we, we think we can, we figure we can wait. What do we, wait, wait, wait to thank, wait to welcome. Wait to, to engage, uh, that’s, that’s, that’s counterintuitive. All, all, all of the above, and the reasons are, uh, uh, uh, we think are really structural, right? Retention is not a strategic priority. Boards get excited by acquisition, right? How many new donors did you get? No one gets excited about retention, although we can all do the math. Um, that’s one reason. No one owns the number in most of these organizations. No one is accountable to the retention number, right? It’s just a number that’s sort of, uh, out there. That’s true. That’s a very good, uh, I don’t want you to lose your other points you’re gonna amount to make, but that’s, that’s very true. Acquisition, then the, the channel gets, uh, the, the channel gets the credit or the, the, the accolades for the, the number or the percentage of, of, Gifts that we got from the acquisition campaign, whether it’s digital or print. Then, but then no, you’re right, nobody owns the retention number. How many of those donors did we keep? How, how many of those made a second gift within, uh, let’s say 30 days or 60 days, whatever our, you know, we should be able to do this, the welcome stream within 30 days, but how many of those folks do we keep? But nobody, nobody really is accountable to that number. No, right? And that, that’s surprising considering how important it really is, right? Like a, a, a 10% increase in repeat donors will net you far more than a 10% increase in retention because we’re gonna lose 80% of the folks that we acquire. We know that. The, the other number, and again, this holds true across all kinds of organizations for the last 25 years, right? A first-time donor, maybe 30% chance that they’ll repeat. A 3 time donor is 70% likely. To repeat, a 7 time donor is 90% likely to repeat. So the more you give, the more you give. And this dynamic, it’s like a law of nature in these kinds of organizations is that there’s a threshold, it’s typically 3. Beyond which this becomes a long term commitment. It becomes a long term relationship, and 3 is not a lot if you think about it, right? If you make a gift, if I can get you to give again in the 1st 3 weeks and then get, get, get you to give again a few months later, and now I have a, a reliable repeat donor at 70%, that’s way better than 20%. Mhm. Yeah, yeah, that’s excellent. OK. OK. I, I, I, I derailed you a little bit. Uh, uh, we were talking about why, why, why are we, why are we think thinking we can wait? And, and I made you digress around, uh, the thing that boggles me, uh, that, that I’ve heard is that, that, uh, well, that nobody owns that retention rate, but are there other, uh, I want to go back to, other reasons why we, the nonprofit feels that we can just hold off on this? I, I, I think there’s a sense of learned helplessness, right, which is, you know, we’ve sort of trained ourselves that most donors don’t give again, um, which is unfortunate because in our experience, this is something that you can change, but I think ingrained in these organizations is the expectation of, I better go find a new one because this guy’s not coming back. Well, that’s self-fulfilling. Well, yeah, that’s self-fulfilling based on bad behavior by the nonprofit. Agreed. Uh, most of these organizations don’t have a structured welcome stream process like I just described that, that runs automatically, which is the ideal. I mean, this is something, you know, as soon as the donation hits the system, it should trigger this campaign to folks. I think a lot of these associations have a campaign mindset, right, is we’ll wait until the next campaign to ask again. Uh, even if the next campaign is 6 months from now, right, by which time 80% of these people have, have moved on. Well, they’ve long forgotten. They, they forgot the donation that they made 6 months ago. Exactly, and then they go into our lapsed donor file where we generally forget about them. Yeah. Yeah, every couple of years we try to revive them. Exactly. It’s time for Tony’s take 2. Thank you, Kate. Just have an update on my book, which is on schedule to be launched. September 15th, it’s planned giving accelerated, the cut through the shit, no-nonsense, practical, step by step guide to launch long-term fundraising at your small nonprofit within a week, starting with bequests. The title may be longer than the book. Did you need a nap? That’s the book title. So it’s, um, it’s, it’s, it’s interesting. Once you hand it over to the editorial process, which the first editor is the line editor. Which is mostly about substance and organization. Once you hand it over there, then, uh, you, and then it goes to the copy editor. The copy editor is mostly about consistency, rules of grammar, Chicago Manual of Style type editing. And, uh, then it goes back to the line editor, then it goes back to the copy editor. And then it goes to the graphic designer. You notice the writer is out of it. Uh, uh, I mean, they asked me questions, but Once you, once you write your manuscript, you’re pretty much out of the process, except for answering some discrete questions about what did you mean here, or can we say this a little differently, things like that. So. Uh, interestingly, I’m not, uh, I’m not too involved. I mean, yeah, I’m not too involved. They keep me apprised, but I’m not too involved. Oh, and then after the back and forth with the editors, two rounds of that, then you have a proofreader. You don’t want to skip the proofreader either, so that’s a. It’s another iteration you go through. But we’re on, we’re on schedule, so not to worry. Nunja worry, as, uh, as my grandpa Martine Etti used to say, would be Kate’s, uh, great grandpa in his Italian New Jersey accent. Nunja worry, Nunjawari. So, none to worry, it’ll be out by the 15th of September. And that’s just an update on my book. And that’s just Tony’s take 2. Kate, I am excited to, I don’t know. I don’t think you’ve shown me like the cover yet, but I’m excited to see the cover and the whole entire. Title on it. It fits. It fits. It fits. I want people to know this is not some academic text that you’re gonna find at the Columbia University, uh, master’s degree program in nonprofit management and fundraising. It’s not gonna be at Columbia or any, it’s not gonna be in any, any higher education curriculum. This is a, this is a, Practitioner’s book, it’s fun. Obviously based judging by the title, right? I want folks to know this is a fun book, not an academic planned giving text. Well, none to worry. Thank you very much. That was Grandpa Martinetti. Thank you. We’ve got boou butt loads more time. Here’s the rest of Low lift donor retention with Chris Vaughn. Improvements. You you have some ideas for small improvements, like for the welcome stream. OK. 3 messages a week apart. The 3rd 1 is an actual, uh, uh, ask for a second gift. So, so, uh, another really important part of that campaign was targeted segmentation. So, um, these types of organizations have a bad habit of talking to everyone about everything they do, right? So we get really excited about all of the mission work we do and we should because we do such great work and we figure if we tell you about all of it, right, we’ll impress you. Something will stick. We’ll throw it all at the wall and something will stick and, and something is actually gonna stick. Well, actually the opposite is true. I, I can’t, I can’t see myself in that. So Lung Association, again, back to our example, uh, had 30 different segments, 30 that they thought about people and all the stuff that they did, right across their, and, and that’s. Completely unrealistic, right? uh, no staff can operate against 30 segments at the same time, right? You can’t accurately bucket people, even with the resources of an ALA. You can’t bucket people accurately, and you don’t have that much to say about 30 different things, I’m afraid. So we, we did the data analysis and we looked at all the millions of folks in the file and what they’d given to and what they cared about, and at the end of the day it was 3. There’s only 3 reasons why people give, right? It’s smoking cessation, it’s uh COPD and lung cancer, right? Those are the causes, and they seldom overlap, right? So maybe I care about cancer and smoking cessation, but by and large, I’m drawn to one of those things and not the other. What were the other, what, what were some of the other 27 different segments that had, these just things just evolved over time. For years and years and nobody looked holistically over time or, or should you talk to a cancer patient different than a cancer survivor, different than a cancer caretaker? No, not as, not as a fundraising organization, no, that doesn’t really matter. What matters is that they care about the condition and the good work that you were doing to help cure it. That was the message that we had to tell. OK, OK. So we were able to, because we were able to go through the file and identify previous donors. What they’ve given to when and why we could pretty accurately bucket them. Into one of these cause buckets that we cared about and that’s all we talked to them about. So if we know that you care about lung cancer, that’s all we’re gonna talk to you about. We’re not gonna try to convince you to care about some other issue. We’re gonna talk about all the great work that we’re doing to cure cancer and how you can personally help and how much difference your donation made to the millions of dollars that we raised for cancer research, etc. etc. etc. and now I’m speak your language, right? And, and for the new, for the newest donors, you have the survey results. You have, you have the quick, you have the quick survey from the 1st 3rd of the, of the welcome journey. Welcome stream, you call it welcome stream. Some folks call it a journey, but whatever, yeah, on, onboarding. But yeah, but you have the survey. Now, you, you had millions of donors who you had to categorize into 33 sort of programmatic areas, but, but for the newest donors, yet you, you do have the survey results at least. You, you do, and that’s, that’s 1000 times more than, than you had before, right? I have some, at least I have some idea. And then the next time you give, I’ve just confirmed it, right? That this is the kind of donor you are. These are your issues. These are the kinds of things that you respond to. And that’s part of why it was so transformational is they’ve never expressed themselves that clearly, right? To, to donors about why should you care? And, and what difference does it make that you’re here. It makes a huge difference. And let me tell you how. So that messaging on top of the urgency, right, on top of the inviting nature of the welcome stream was, was just a radically different experience than anyone had ever had from this organization before. Uh, and, and, you know, the end result was a massive increase in, in donor retention. Now what was that project like to get this down, get millions of records fit within 3. 3 programmatic areas. Uh, the actual analysis wasn’t hard. Convincing the organization was, as you might imagine. All right, so say some more, say, say some more. The analysis was pretty obvious, uh, but, you know, convincing the organization to, to think differently and, and, you know, people are, are attached to their own area and what they work on, but to convince them that we’re all gonna be better off. If we consolidate our messaging and communication around where the donors are at and not where we’re at, we’ll be much better off as an organization and ultimately we did. It’s human nature. But you know, but we have to talk to our, our, our daaf lung cancer donors differently than we talk to our online lung cancer donors. And you’re saying just talk to them about lung cancer. Just talk to them about lung cancer and, and how, how, and how you’re making a difference. And, and people give vehicles. What, what about, we have our vehicle and death lung donors. They are get, they need to get different messaging than our. Online and, and sustainer lung cancer donors. No, all right, so you’re, they don’t, it, it really, it really doesn’t matter. It, it, it really, really, really doesn’t matter. Up to a point, donation size doesn’t really matter. I mean, until you get to major gifts, right? It, it really doesn’t matter. Demographics don’t really matter. I don’t care how old you are. I don’t care where you live, right? I care what you care about. That’s, that’s the strategy here. I’m letting that sink in. I care what you care about. So, so know what folks care about, and then talk to them about that. And only that and that’s, that’s the hard discipline. I mean, part of the, part of this welcome stream was, uh, we call it the no fly zone, which is that’s the only thing the new member is going to hear from you, your new donor is going to hear from you during that 1st 90 days are welcome stream messages. No one else is allowed to communicate with them. Right? So we’re not gonna talk to them about every other program we’re gonna do. We’re not gonna talk to them about, you know, this campaign or this event or whatever we’re gonna do. We’re gonna get, we’re gonna welcome you and get you on board and we’re gonna get that second gift before we start talking to you about anything else, critical, critical, critical, because the noise that, you know, organizations like this can generate in their enthusiasm. Dilutes the message, right, and trains people to ignore them right out, right out of the bat. Oh my gosh, I gave a check and I’m getting 10 emails a day. And sometimes that’s not an exaggeration, um, but my, my welcome message is not gonna break through, right? So you have to stop, turn off everything else, no fly zone for 90 days, focus on that second donation, that’s the win. 90 days. OK. OK. That’s hard. Yeah, well, that’s discipline. All right, but you, you want, you’re, you’re imposing messaging discipline on, on any nonprofit that wants to talk about all the work they do because the, the, the person might be interested in something else. But, but we can get there. We can find that out, you know, we could find that out in year 2, maybe, or in, in 6, in, in, we can find that out maybe in 6 months. But initially, just talk to them, just like, just care about what they care about. For 90 days, for 90 days. And then we can, you know, there’s time. If you get the second gift, then, then, well, the, the second, the second gift means the third gift is more likely, and then the third gift means decades of giving or, or highly. So there’s time, there’s time. And just to be a little controversial about it, who cares if they’re interested in something else, if they’re consistently giving to this? Yeah, yeah, who cares? Who cares? Good. No, that’s not, yeah. All right. Um, that’s excellent. Well, what, so, uh, where, where should we, what would we talk about, um, trying to get some like decision making. We need leadership buy-in. Where, where do you want to go next? I, I just forget what I just suggested. Let’s talk about laps. Let’s talk about laps donors. Oh, the lapse donor. Oh yeah, no, that’s right. We’re capturing, we’re capturing the lap donors. Thank you. So you have a lackluster host. You need to, you need to keep me on track. Yes, the lapsed donor recovery. This is something that I’m, I’m, I’m passionate about because most of these organizations give up way too soon. Right, uh, uh, on, on, on campaigns, and we found over the years that organizations that are successful keep asking much longer than organizations that just sort of stop and give up and figure up they’re gone, right? Um, some of them never stop ever, right? If you were on the file, they will respectfully, right, but they will continue asking. We write them off and that’s where that 3% number comes from of us being able to reactivate, you know, some of our lab’s donors where it actually they should be your low hanging fruit. Why? Because you know something about them already, right? You know why they gave before, you know how much they gave, you know they when they gave before. You can reference all of that in these messaging and communications. They already know you. You don’t have to tell the story. They cared about you once enough that they were gonna give you some sort of money, so you’re, you, you should be way ahead of the game. Than you are versus a random acquisition person, but we give up on them as if we assume they’re mad at us, right? They left because they were upset. No, they left because they were indifferent. That’s a very different problem to solve. So, number one is don’t give up on your lab’s file. In our ALA case, right, they had millions of folks who’d given in the past who’d never given again, and we put them all back on the target list from as old as 5 years ago. So if you’d given within the last 5 years. You, you were, um, you know, you were in this, we called it the winback campaign, and it operated very similarly to the welcome stream. It was targeted. It was segmented. It was based on data that we had about you. Um, it went out in a multi-part stream, um, and it was phenomenally successful. They more than doubled their recapture rate. They recaptured 7%. Uh, of their file, um, over the, over the next year. So between onboarding and this lapsed member campaign, same philosophical right fiber to them, they added 300,000 members to their donor file. Net of acquisition. So simply by reactivating lapsed numbers and activating new donors, they were able to accomplish that kind of growth in their file. So when, when people write off their lapsed donor, they kind of pull my hair out a little bit and say, you know, that’s the money that you’re leaving on the table. All right, let’s go into a little more detail about the Winback campaign. So, it’s also 3, is it also 3 messages over 3 weeks? Or is it long or what, what did you do? I think the winback campaign probably went a little longer because I think we had to, we felt like we had to walk them back into it a little bit more, right? But part of it was acknowledging that you’ve given in the past, right? And, and being very specific about that. Like, we know exactly what you did and exactly when you did it. Thank you again, right? We really appreciate you doing that. Here’s, here’s something new. Tell us about you, right? Again, you know, the survey, you gave them, you, you give, you give them the survey. Yeah, absolutely, right. People want to be asked about that. Tell us about you. Here’s some new opportunities for you. It’s been a while, right? Maybe you didn’t know we were working on this, this, this, and this. Here’s some more impact messaging. Uh, you know, you may have been wondering what happened with your gift, but this is what we’ve done. In the last year, in the last 2 years with, with these gifts to, you know, cure COPD or, or whatever, and then we ask again. I mean, that, that was the stream, uh, and we would continue to, it wasn’t one and done. I mean, we would continue to keep them in this winback campaign pretty much indefinitely. Um, we would communicate less frequently, right? We don’t want to be obnoxious about it, but the philosophy essentially is never give up. And why would you give up, you know, and, and we were successful. The, the, the longer lapse they are, the harder they are to get back, but we were successful, up to 5 years out, bringing people back in as active donors who had been inactive for that long. And this was digital. Did you say this was an email campaign, to win back? It was all email. It was all email, no print, right? There’s no, there’s no print. Print it’s too expensive, yeah. For the, for the low likelihood, uh, of, of, uh, regaining somebody. OK. OK. So, so, you know, they had Salesforce, right? Big expensive, you know, data and email tool, which was overkill for this, right? You don’t need all that. I mean, any, any donor system that you’re running has the capabilities, or you can very easily bolt them on to do this kind of, you know, triggered campaign email that I’m talking about. You know, any organization has the ability to segment their file. Uh, especially now, you know, using AI, it’s actually very easy and very quick to do the kind of segmentation that I’m talking about and put it back in your donor file. So technology is not the obstacle, uh, anymore. I, I think it’s, it’s, uh, right, strategic framing, right? Sort of thinking first, A, the retention is important, right? Uh, and, and B, that it, it, it’s a program, right? It’s not something that happens, it’s something that we have to intentionally design, uh, and activate around. You have, um, some thoughts about, uh, leadership and structural decisions, creating the churn that we’re talking about. What’s your thinking there? The first was one we’ve talked about already, which is prioritizing acquisition over retention as, as, as an, as an organization. Um, well, another one would be dismissing your lapsed donors, dismissing your lapsed donors, uh, for, for whatever, for whatever reason. And again, I think there’s maybe this sort of sense of learned futility, which we haven’t been successful in the past, therefore, we’ll never be successful in the future, even if we do something differently, which our experience says is completely untrue. Um, but I do think there’s just sort of the kind of the ingrained ways of thinking in these organizations that, um, they stop them from even trying, you know, to do things differently. I don’t know. Do you agree with that? Oh, yeah. Uh, well, I said earlier, it’s self-fulfilling, you know, we, we never have in the past gotten lapsed donors back in, in, in decent numbers. So why, why keep trying? But, how about trying something different? Yeah. And, and I think it’s the way that board and leadership measure things, right? So we’re looking at new donors, whereas if the, the key metric was just the total size of the file, we would look at it very differently, right? So it’s, it’s not how many new donors, it’s, you said it yourself earlier, how many of them are we keeping? Are we seeing year over year growth in the total file and the total revenue is a very different way of looking at kind of cultivating your, your total donor base. Uh, many organizations don’t, you know, we, we see this, and we see this in membership too, you know, the acquisition rate is really strong. It’s really great, and no 1 may ever look at the retention number. They may not be able to tell you what their retention number is because they assume all this acquisition activity means that everything is fine, uh, and everything is going OK. So I do think there’s a kind of institutional blind spot around retention for a lot of these organizations, but I don’t know why. Well, I, I think a big part of it is, as you said earlier, uh, nobody, nobody’s, nobody’s measuring it. I mean, no, not you, we said nobody owns it, nobody’s accountable to it, but, you know, the, so the things you don’t measure are just gonna languish. That’s right. But when you start measuring and you start benchmarking and you start setting goals, you can, you can move the needle. I mean, it’s not guaranteed, but at least you’re paying attention to the problem. Yeah, I think that’s right. And I think there’s a structural lack of, uh, urgency that we talked about before around, you know, it can wait, it can wait till the next campaign, right? I just, I think there’s a lack of appreciation for how quickly human beings make decisions like this about what they want to be affiliated with when their expectations are, are not met. Um, it’s true across a lot of organizations. I think people feel like, well, We got you in the door. That was the hard part, right? And we’ll let the rest take care of itself. Yeah, but it doesn’t. Uh, and, and we know that it’s not taking care of itself. All right. Um, you’ve got some ideas, uh, uh, practical, low-cost ways. For small and mid-size, I, I, I appreciated you, you shouting out our small and mid-size nonprofits. Those are our listeners. Uh, American Lung Association probably is not listening. Although I, I think they could, they, they could learn a thing or two from, uh, from our guests, but, uh, we’re, we’re, we’re, we’re, we’re produced for the small and mid-size nonprofits. So you’ve got some like small things, low lift, but maybe, uh, outsized impact ideas. Yeah, I, I think, I, I really do think that nothing that we’ve talked about is beyond the reach of, of, of, but perhaps the very, very smallest, you know, organizations who, who have no staff whatsoever. The, the technology has really changed the game, uh, in terms of the ease of lift around these kinds of things. The, the, the first thing I would do would be to pull my lapsed donor file. Uh, and, and really, really understand it. I mean, how many are out there and how long have they been out there and what have we done to try to get them back? I mean, what, what would it mean to try to segment them? Have we, have we ever thought about that before? I mean, I would spend some serious time with that file and ask myself, um, why haven’t we taken another swing at this and what would it mean if we did it? I think that would be step one. OK. Do you have a step 2? I, I think step two would be to start. Thinking about the right way to segment your members and some small organizations may be single cause organizations, and that’s actually great, right? Because that, that solves that problem for you, but other organizations communicate about a lot of different things in a lot of different ways and, and being able to consolidate that to manageable high impact segments is really important. I think I would start giving some. First, be honest about that. I mean, are we overcommunicating? Are we diluting our own message? You know, are we talking about what the donors care about? are we talking about what we care about? Have that conversation with yourself that’s free, uh, for you to do as an organization, and then, uh, think about what you can do in terms of a highly effective. Welcome stream, even if you can’t do multi-part email, and I think you probably can, right? Even if you can’t do targeted segmentation, and I think you probably can, what can you do immediately for a first-time donor to bring them back into the welcome stream and get them to that second gift, right? Using whatever tools that you have, it’s, I, I don’t know that it has to be sophisticated because anything you do is probably better than what you’ve been doing, right, up until now, or your retention numbers would be better than they are. That survey that goes with the, the 1st, 1st message in the welcome stream or in the, in the, in the windback for trying to recapture lapsed, lapsed donors. Um, I, I imagine that that’s, well, I think you said 10 seconds, but it was like a 3 question, 34 question survey. Maybe 5, sort of 5 very, very quick, welcoming kinds of questions. Hey, we’d like to learn a little bit more about you, right? You know, how did you hear about us? What moved you to give this time, right? You know, what, why is it, you know, why is smoking cessation personally important to you? Uh, those kinds of questions. Um, you can take free form answers to, those are easier to process now than they used to be. It doesn’t have to be checkboxes. That’s actually the most important stuff. Uh, we learned that lesson too from some research that we did with, uh, World Wildlife Fund, who does something very similar to this, but their survey responses are open-ended. So I don’t have to do check boxes and, you know, again, the technology is not that fancy now, but to figure out, you know, in Tony’s own words, this is what he cares about, and then they feed your own words back to you. So they will literally communicate with you in your own words that they collected from that upfront server, which I thought was brilliant. All right, that’s a great use of technology. Capturing, capturing their words and inserting them into messages back. Yeah, and it, and it really, really works. I mean, it’s like hugely effective and it a couple of years ago that would have been like Star Trek stuff, right? Like, you know, that’s impossible on their own. It’s not with the AI AI powered tools and a lot of them are built into these donor management systems now, that kind of stuff is becoming more and more automatic. Uh, so I encourage all of our clients, it’s like, look at the technology you already have. I don’t, you, you probably do not have to go out and spend thousands of dollars to buy some new tool. These capabilities are either built into what you’re already paying for or they will be next year. So have that conversation with your vendor. What capabilities are you not using that are right there at your fingertips. OK, Chris Vaughn, you feel OK? Is there anything you want to leave our donors with that, uh, We, we haven’t talked about that you want to. Uh, uh, uh, encouragement, right? I, I would wanna encourage. Did I just say leave our donors? I think I just said leave our donors with. I’m so focused on donor retention. Yeah, you’re donors right now. Leave our listeners. Leave our listeners donor. Well, we’re donor-focused. No, we’re listener-focused. It’s a podcast. It’s not a, it’s not a nonprofit. So leave our listeners. I, I would And it’s gonna sound obvious, but take, take retention seriously, right? Elevate it to a strategic priority. It is far and away your fastest path to revenue growth is to bring that retention number up. That that’d be the most have this conversation. Your board should be talking about this. You should have this conversation. They should know these numbers, the benchmarks as well as your own, and understand the compounding arithmetic. Of repeat donors and bringing them up and, and I think a lot of boards really, really don’t. I mean, so, uh. The problem is solvable, and, and I feel like a lot of folks coming into this conversation feel like that’s just the way it is, right? Donors just don’t come back. I think that’s not true. I think donors that aren’t, aren’t managed well, aren’t welcomed the right way, right? Aren’t asked to come back the right way, don’t come back. But our experience shows and, and, and the example that I’ve been talking about shows that it, it, it can be different. So, um, part of it is encouragement, which is take this seriously, and part of it encourage it, it’s solvable, right? This is not a problem that can’t be solved. It’s not a problem that you can’t solve as a, uh, a small organization, I mean we. Um, you know, this is, this is our mission as a firm is to help organizations grow, right, to grow membership and, and to grow revenue, and we’ve been, we’ve been at it for 25 years, and nothing makes us happier than to see these organizations succeed. I, I think the things that I’ve been talking about today, um, are not complicated, and, and maybe they sound complicated to a small staff organization, um, but it, I. Having done it for all these years, it’s, it’s not, I think, you know, I think what’s hard is to make the mental shift in the first place, that this is important, uh, and that, you know, we need to be more urgent about it. I think once you turn that corner and elevate this to the strategic priority, the, the how and the what becomes, uh, uh, an awful lot easier. Um, so I, I would leave that with your listeners as well as you don’t be intimidated and don’t be afraid to take this on. I think these are, these things are all well within your reach. The company is Sequence Consulting at sequence Consulting.com. Uh, it’s co-founder and chief strategy officer is Chris Vaughn. Chris, thank you very much. Pleasure. Thank you. Thanks for sharing all this. My pleasure. Next week, grants fundraising before you start writing. If you missed any part of this week’s show, I beseech you, find it at Tony Martignetti.com. Our creative producer is Claire Meyerhoff. I’m your associate producer, Kate Martinetti. The show’s social media is by Susan Chavez. Mark Silverman is our web guide, and this music is by Scott Stein. Thank you for that affirmation, Scotty. Be with us next week for nonprofit radio. Big nonprofit ideas for the other 95%. Go out and be great.
Sarah Sebastian & Steve Lausch: 2023 Fundraising Outlook
OneCause’s research study includes insights to help you benchmark, plan, prioritize and improve your nonprofit’s fundraising this year. From OneCause, Sarah Sebastian and Steve Lausch talk us through.
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Every nonprofit struggles with these issues. Big nonprofits hire experts. The other 95% listen to Tony Martignetti Nonprofit Radio. Trusted experts and leading thinkers join me each week to tackle the tough issues. If you have big dreams but a small budget, you have a home at Tony Martignetti Nonprofit Radio. View Full Transcript
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[00:01:36.34] spk_0:
Hello and welcome to Tony-Martignetti non profit radio big non profit ideas for the other 95%. I’m your aptly named host of your favorite abdominal podcast. Oh I’m glad you’re with me, I’d get slapped with a diagnosis of a fraser because I cannot bring myself to say the words you missed this week’s show 2023 fundraising outlook one causes research study includes insights to help you benchmark plan, prioritize and improve your nonprofits fundraising this year from one cause Sarah Sebastian and Steve Lauch talk us through on tony stake to webinars galore Here is 2023 fundraising outlook. It’s a pleasure to welcome to non profit radio steve Lauch and Sarah Sebastian both from one cause steve Lauch is director of product marketing at one cause where he brings 17 years of experience in automotive, retail, customer relationship management and marketing technology. Sarah Sebastian at one causes Director of corporate communications. She’s a marketer with eight years of experience in the nonprofit tech space. The company is at one cause and at one cause dot com steve Sarah welcome to non profit radio
[00:01:44.96] spk_1:
Good to be here with you Tony,
[00:01:46.85] spk_2:
thank you. It’s great to be here talking to you today, appreciate
[00:01:50.18] spk_0:
It. Pleasure to have both of you. Thank you and we’re talking about the 2023 fundraising outlook. Who’s the best person to talk about an overview of of this, of the study
[00:02:03.86] spk_2:
definitely.
[00:02:04.58] spk_0:
Okay, it’s unanimous
[00:02:25.75] spk_1:
dive in on that I mean this whole project has been such a great partnership with Sarah but as far as going back to the survey that that fuels the study, um, this, this was, I’d say I can dive in on that. So this is really the fifth year of developing the study into the size that it has been at one cause and the third year of releasing the data in such a way that it is served up in the annual fundraising outlook report. So getting some really great research in a rear view mirror and we’re excited to come out again this year with this report. Maybe to give a little bit more color as to what this report is about and how it works. Um,
[00:02:53.28] spk_0:
we kick
[00:02:53.88] spk_1:
it off every year tony at our annual conference. So the one cause raised conference and spends about a month in market where nonprofits are engaging and responding to the survey and this particular year, 890 nonprofits raise their hands and said, hey, we want to weigh in on this. So 890 voices from nonprofits,
[00:03:16.43] spk_0:
Let’s just call it 900,
[00:03:18.41] spk_1:
900
[00:03:20.48] spk_0:
900,
[00:03:52.42] spk_1:
900 all shapes, all sizes, all segments. We even did some really cool cross tabulation. Looking at annual operating revenue. I’m sure we’ll talk about that at some level. But you know, every year we ask ourselves as well, tony are we, are we getting the right voices. Are we getting the right um, inputs so that we’re capturing all the right information that is helpful to nonprofits and this year in particular, nearly 30% were executive directors, 31% Deb director Development VPs had a great voice from event directors and marketing professionals. So we really are getting the right voices. In fact, 81% of those who responded are involved in making a technology decision. They may even be the ones pulling the trigger on deciding how we’re going to move forward in the next year with technology to help drive our nonprofit mission. And a lot of that goes to fundraising as we’ll talk about.
[00:04:43.56] spk_0:
I also appreciate that the population is very much in line with with our listeners. You know, small and midsize shops. I see 48% have revenue of a million dollars or less. Annual, annual, your, your annual operating revenue a million dollars or less and 31%. So a third basically 350,000 or less.
[00:04:59.16] spk_1:
It is so important to to have the representation of that beautiful bride call at this broad base of the nonprofit world that is just those who are maybe just getting started in their garage or their bedroom or wherever they happen to be. But they have a passion for their mission and maybe those that are starting to add more and more volunteers. Perhaps that 1st, 2nd or third full time employee. But whatever it is, it is that beautiful broad base of the nonprofit world that we’re looking at
[00:06:15.87] spk_0:
11% were all volunteer. So just like a 10th or don’t even have full time employees. And I saw 49% have 10 full time employees or fewer, though perfectly in line with with our listeners. Now there are, there are large organizations represented over $50 million dollars in revenue. Um, if there are any of those folks listening, uh, let me know and I’ll shout you out because I bet I bet the list is small. Most of the vast, vast majority, vast, vast, overwhelming majority of our listeners are in small and mid size shop. So those are those who were, I’m channeling. Um, let’s define this. It was a little unusual to me the A. O. R. Which I look at as album oriented rock, but that’s because I work up, I was raised on rock and roll. So, but that’s not what you mean by a. O our annual operating revenue. So I mean is that annual budget sarah? Is that, is that annual budget or is that something different? What’s annual operating revenue? Because you segment by by this A. O. R. So it’s important for us to understand,
[00:06:45.95] spk_2:
so annual operating revenue, how much money folks are bringing in and then when we touch on budget, how much obviously they’re able to spend for the year. And I think some of the stuff that you just touched on and you’re talking about, like the volunteer numbers and everything that’s really going to come out when we get into some of the challenges. Some of those smaller organizations with uh, the smaller annual operating revenues are really going to be, um, feeling a little bit of a pinch in some of these areas that will take a look at. So I think it will definitely be some good data for the audience at home right now.
[00:06:59.70] spk_0:
Is it fair to just call? Not, I’m not going to change the term on you, but is it fair to call annual operating revenue? Like just annual fundraising revenue?
[00:07:08.94] spk_2:
Absolutely.
[00:07:09.64] spk_0:
It’s the fundraising revenue. Okay. Okay. Report calls it the uh annual operating revenue.
[00:07:16.56] spk_2:
Alright. Yeah.
[00:07:49.81] spk_0:
Okay. Um, so let’s dive in a bit. I see uh I see some challenges facing non profits of of all sizes really that this was, this was kind of interesting to me. Um, the the challenges that are rated sort of critical critical are definitely a concern. I mean they cut across all the, all the all the the annual operating revenue segments like donor engagement, all all all five of your segments, all six of your segments rate donor engagement as a, as a, as a top five problem. And donor fatigue shows up in five of the six categories. What do we do? What do we know about donor donor issues?
[00:09:13.98] spk_2:
Sure. So things things have Changed a lot since the last study. So the challenges that were related to planning around the pandemic dropped significantly because those were at the top of the list in the past couple of years surveys, but don’t get us wrong, like we’re not saying it’s not a challenge anymore. It’s obviously still a challenge, 71% reported that planning related to the pandemic was still challenging for them, But it dropped from number one to number 10 in the list. And those donor-related challenges that you just mentioned, those are coming back to the top. People are starting to feel a little bit of relief and they’re able to shift back to donor engagement worrying about hair. We fatiguing our donors with all of this messaging and everything that they’ve been through over the past few years and donor retention is coming back up into that top four to um recurring giving was something we saw that came out as a top challenge as well. And for the view of challenges that you’ll see in the report first where everything’s kind of rated, it was folks who rated items as critical, definitely a concern or somewhat a problem. And that’s where we came up with that donor engagement, donor fatigue, the recurring giving and donor retention were all there in the top four. So things have changed a lot steve, did you have anything like a little bit of color from the past or anything about like varying sizes? How that differed?
[00:09:31.07] spk_1:
Well, let’s start, let’s start with sizes. And then I think there is something to be learned as we look longitudinal e over the study over the past few years. But as we looked at non profits of varying sizes again by that annual operating revenue marker. Uh, that donut retention really fell into, became notable in the top two places for orders that were a million dollars A. O. R. And above. And then
[00:09:48.43] spk_0:
excuse
[00:10:15.24] spk_1:
me looking at the top three places really tony for most of the market. So we’ll call that the 350,000. 0. R. All the way up the scale. Um, recurring giving was something that became very much apparent in that. And, and I’ll say real quick, um, as your audience accesses this report and downloads it, there’s a, there’s a lot of data right in this one question and becomes v very visibly and visually better understood when you kind of see it, how we’ve laid it out. So I know we’re throwing a lot of numbers, a lot of information, but boy donor fatigue was definitely the top voiced concern that made it into the top five concerns for every segment every strata of the nonprofit nonprofit world. Um, what’s interesting about that for me
[00:10:41.49] spk_0:
though,
[00:11:03.24] spk_1:
is that while retention has a number, we can put on it. Um, while recurring giving has a number that we put on it, fatigue is a lot more of a perception metric. And uh, it’s, it’s interesting to me that, that, that had such important placed on that particular metric as you look at the data. Now, I’ll also say really quickly we saw staff turnover work its way into the top five challenges, especially as you kind of go up and that was for
[00:11:16.48] spk_0:
the larger staff turnover was
[00:11:18.39] spk_1:
you got it. Yeah,
[00:11:20.21] spk_0:
Over $50 million. They’ve got hundreds of employees
[00:11:24.88] spk_1:
well. And look what happened over the last two years. Right. I mean
[00:11:27.50] spk_0:
things talk
[00:11:54.70] spk_1:
about upset the apple cart, right. And that, that large organization perhaps felt the, the need for agility more and the need for finding out how do we get through this and with such a large staff, it’s just, it was, it was an unfortunate story. We don’t have to dwell on here today. The good news is that, um, is that those nonprofits are working through those challenges. I’ll also add that acquisition and management sponsors and sponsorships also is a challenge that we’ve tracked year over year every year, every year these last few years. And that has surfaced for a number of the segments of nonprofits. So there’s some other, there’s some other color there. But sarah, I’m sure you would agree having released the report yourself. It’s far more visually understood for, for those who can access this and download the report. Yeah,
[00:13:14.30] spk_2:
I agree. There are a lot of ways to look at, especially the challenges, um, by breaking it down by revenue level and looking at what’s critical are definitely a concern compared to having like the somewhat important mixed in there as well. But I do kind of want to touch on that donor fatigue because we have been hearing a lot about it and tony I don’t know if you’ve heard this throughout your career to that there’s, there’s been kind of a historical disconnect between nonprofits and donors when it comes to donor fatigue. I’ve done a few studies at various companies in the past where nonprofits said one thing they thought they were really fatiguing their donors and donors are like, no, you’re not. We want to hear more from you. But I think what it comes down to that’s important here is that you have to remember that the communications that you are sending out, if they’re engaging, they’re worthwhile, they’re giving something to your donor, then they’re not going to be fatigued. I know around like holiday giving season, even on linkedin. And I noticed there were a lot of folks popping on that consultant saying, I got this many emails from this, these nonprofits. It’s too many emails and only enough. A couple of donors popped and they were like, oh, I like getting those emails. They told me what was happening. Like how much they were raising from there giving Tuesday campaigns, etcetera. So as long as you’re giving them something that they want to hear. I think they’re going to stay engaged. They’re not going to get fatigued. Have you heard anything about that,
[00:13:53.67] spk_0:
uh, from some guests? Yes. Um, let’s first, let’s use this opportunity to remind folks or let them know where they can get the get the study because it’s, it’s very visually engaging as both of you have said. So. One cause dot com. And then where do we go after that?
[00:13:57.83] spk_2:
Sure. It’s one cause dot com backslash research. And you’ll find the study there. There are a lot of other resources on our website as well as well as past reports. So if you want to dig in and compare to past reports as well, they’re on that site.
[00:14:56.34] spk_0:
Okay. Excellent. Thank you. Um, All right. So this idea of the fatigue, you know, as as steve said, it’s it’s a perception. It’s it’s not something measurable, but it’s, it’s a perception internally. Right in in everybody’s office. What do you, what do you think is, what do you think is causing this idea that we’re fatiguing our donors where Sarah you’re saying they actually want more. And I’ve heard that also, I’ve heard that especially among among and about boards members that, you know, we’re giving our board members too much. No, actually, they want more because they’re your key volunteers. And they the fear is that you’re giving them too much. Um, so I’ve heard it in that respect, but we don’t have to, you know, we have to stick to board. I know that’s not your, that’s not the study, but that’s, that’s where I’ve heard it even even more? What do you think is causing this belief that we’re fatiguing folks
[00:15:24.30] spk_2:
right current state. I honestly think we all feel fatigued after going through a pandemic, going through you know political ups and downs. We’re still in this big mindset of uncertainty and I know everybody has heard that word 1000 times but it’s still there and it’s just making everyone feel very unsettled and very tired. So I think sometimes that just kind of bleeds over into our everyday interactions
[00:15:28.65] spk_0:
were contributing to it. Yeah we
[00:15:31.08] spk_2:
must be doing it too. We must be adding onto the pile but
[00:15:34.18] spk_0:
we see it we feel it we must be contributing to it because we send mail and email. Alright.
[00:15:39.80] spk_1:
tony I think I think I want to
[00:15:42.53] spk_0:
don’t be so hard on yourself basically.
[00:15:55.78] spk_1:
I want to jump in here real quick. I do wanna I do want to suggest here at this point that fatigue is a it’s a complex metric to unpack. It is not as simple. I mean I think we could probably spend the next hour kind of um in a conjecture of sorts of how to unpack this. But fatigue comes because as Sarah said it’s something we feel elsewhere. And so we translate that to I’m sending one emails to emails, five emails ergo my donor base must be fatigued.
[00:16:21.53] spk_0:
And
[00:16:42.39] spk_1:
when we actually look at the data as Sarah has said. In fact some of the great reports that we have available at one? Cause dot com actually give you the perspective of the donor as is our research done every spring. So this is the nonprofit voice every fall compare that to what’s going on in the spring with what donors are saying? Yes, they want the communication. I want to see those emails in my inbox and if I open up one or two of the five, it’s okay. I’ve heard from you and I can digest that you are not asking too much of me. You are not giving too much to me. It is not the fatigue level that perhaps we are putting on on our shoulders ourselves.
[00:17:04.36] spk_0:
Sarah, you have many years in your background with ford motor company, right? Oh, that’s steve I
[00:17:13.54] spk_1:
carry, you know, you mentioned that in the intro. I carry a good number of years in the automotive retail technology side. Um, and six years now or coming up on six years in the nonprofit world. Two very different worlds. But yes, go ahead. tony on.
[00:17:28.74] spk_0:
Do you know, does, does, does the ford motor company worry about fatiguing? It’s uh, potential customers like do they worry about sending too much buying too many ads? Sending too many messages to folks who have signed up? Does the ford motor company? Uh, do they worry about things like that?
[00:18:22.10] spk_1:
I would say in general, the automotive world perhaps. Um, let me say this first. Any good marketer understands the sensitivity around sending the right message at the right time to the right audience for the right response. Any good marketers, there are perhaps markets in our ecosystem in the world that are more sensitive to doing that and there are perhaps markets that are less sensitive to doing that. I do find that the automotive world sends a good number of emails and there perhaps, maybe those what you’re getting at, not as worried about fatiguing me at least as a recipient. So I’ll let you put a bow on that where you were headed. But
[00:18:53.72] spk_0:
No, that was it. I just, that was, that was my suspicion. But you know, I don’t talk to, uh, Fortune 100 folks, um, ever or even. So I was seeing it in your background. Uh, I was just curious about it. Um, let’s talk some about events. What Sarah, can you talk about, what, what, what is planned and I see more more hybrid being planned. Can you flush that out for us?
[00:19:51.24] spk_2:
Sure. I think if we start with a little bit of an overview from 2022, it’s a helpful kind of foundation. Um, so in 2020 to 95% of nonprofits who took this survey said that they held at least one online camp, 93% said they held at least one event in 2022. So vast majority of nonprofits there and that makes up the bulk of quite a few nonprofits fundraising budget, their revenue for the year. So 56% said that they raise 21% or more of their annual fundraising revenue from online and event fundraising. And an additional quarter of those nonprofits said that they raised 41% or more of their annual fundraising budget from event and online fundraising. So it’s huge. It’s very important. Um, and looking back at 2022, as far as how supporters participated in events, I think Steve Do you want to touch on that data for me?
[00:19:59.61] spk_1:
Sure, Sure, Absolutely. Yeah. This was really great to see tony So we asked these nonprofits, how did your supporters participate in your 2022 events and then followed up with how many of the following fundraising events do you plan to hold in 2023. So we have to look back, we have to look forward and again
[00:20:20.61] spk_0:
for
[00:20:47.57] spk_1:
Context, this question was asked an end market with the survey in September so nonprofits were giving us a good view into most of the year to 2022, but they were forecasting into 2023, still sitting in their third quarter of the year. So with that in mind, looking back in 2020 to 32% of nonprofits held in person only events. Now, just I let that just sit for a
[00:20:51.21] spk_0:
second and
[00:21:52.57] spk_1:
We look back in the rear view mirror a year or two and to consider how we were in 2020, early 2021. No way were one in three only having in person events. So what a great comeback in 2020-1 half of nonprofits, 56% did. In fact, as you said earlier, Tony Lean to that hybrid side, which is fantastic. So let me fill the blanks on the, on the rest here and I’ll come back to the hybrid 9% only virtual 4% no events at all. And for various reasons, I’m sure. But over 50% hybrid tells me a couple of things. You add the only in person and the 56% hybrid together and you have a mass of the, of the nonprofit world that is back in the ballroom. But so much of that is, is uh, an event that is in consideration of that virtual audience. So we learned from the last three years, we learned that people want to engage with with us differently. And so while we’re back in the ballroom, we’re not going to forget that virtual audience, we’re gonna include them. It may be for the whole event. It may not be for the whole event. It may just be for the appeal. It may be for other programming that we wanted to share with them. But the Great News is that we are back to the ballroom in 2022. Now that was of course last
[00:22:19.78] spk_0:
year, what
[00:22:31.18] spk_1:
about this year, september people are answering this survey and there’s looking forward and guess how many say we are going to hold an in person event, 83%. Look forward in time and with such confidence and Sarah maybe you can, you can elaborate on this. They’re willing to say that over 80% were absolutely back in the ballroom for at least one in person only event.
[00:22:59.78] spk_2:
Yeah, I think the confidence levels, that was a real takeaway for us. How much they changed confidence levels about in person events just kind of shot through the roof in this year’s survey. Um, nonprofits who said they were undecided about holding those in person events dropped to 8% this year, down from 20% in last year’s survey. So people are feeling really good about heading back to the ballroom. Like Steve said, uh,
[00:23:13.83] spk_0:
I, I saw that golf outings ranked as the number two most common event after after something social. So I’m assuming that’s a gala type event.
[00:23:25.60] spk_2:
Yes. I think that the in person auction events and then
[00:23:28.12] spk_0:
the person, we’re
[00:23:29.27] spk_2:
very successful as well. Yes, absolutely.
[00:23:43.28] spk_0:
Now golf outings and hybrid. I don’t know, can we, I don’t know are they playing like minute, are they playing golf? They have their favorite golf app or they, they’re, they’re in there, they’re in their stroke trainer, you know, maybe it’s videoing them while others are actually playing. I don’t know, can we do a golf outing hybrid.
[00:24:13.74] spk_2:
I have actually seen, I do not remember the name of the software or the company, but there was a virtual golf software that a nonprofit for an event. So I know it’s possible it’s out there. People really made some as we’ve all heard major pivots to, you know, fit the pandemic in our way of life changing. So it’s definitely out there. I’ll have to look into that and see if I can get that over,
[00:26:49.39] spk_0:
you know, the dinner, the dinner or the lunch after. I mean I could see that being a hybrid but I was just wondering about the golf experience itself. I don’t know, maybe golfers are out there with caMS on their GoPro’s on their heads or something. And so you vicariously. Oh, that shot sucked. Oh, you’re terrible camera to somebody else please. You’re awful. It’s time for Tony’s take two. I’m talking a lot about planned giving in January and February. I’ve got 15 webinars and podcasts on planned giving uh just in in these like not even the full two months. It’s more like six weeks january and early february. A cornucopia of webinars uh podcast, a prodigious profusion of podcasts. I’ve got coming up lots of content. Um, if you are at all interested in learning about the basics of planned giving, launching, planned giving at your nonprofit then you may very well be interested in this Horn of plenty of content that I’m doing with other folks who are hosting me for webinars and podcasts. You can keep abreast of what I’m doing by following on linkedin or maybe I should say more correctly connecting, connect with me on linkedin. Uh, follow me on twitter. And another way is you could sign up for the nonprofit radio Insider alerts at tony-martignetti dot com because I let folks know um, on that, who, who is hosting me and uh, where you can hear me speak. So if you are interested in launching planned, giving, planned, giving basics, I’m doing a lot of talking about that in january and early february. That is Tony’s take to imagine that We’ve got boo koo but loads more time for 2023 fundraising outlook with Steve and Sarah Sebastian, imagine that data, Let’s talk about data. You’re a data driven type organization and what, what, uh, you had some takeaways about data access.
[00:27:15.32] spk_2:
Yeah, I think this was our surprise, not surprise moment really when we were looking at data because we all know that a lot of nonprofits do struggle with data, whether there’s too much of it or what to do with it. Uh, so we found that making it accessible and actionable just continues to be a concern for nonprofits like, okay, yeah, we know that already. But when we actually saw the numbers, that was kind of the moment where everyone on our team Kind of got slack jawed whenever they heard the stats. Um, so only 18% of non profits who took the survey said that they actually have access to all of the data that they need 18%, that’s
[00:27:26.46] spk_0:
it and
[00:27:35.91] spk_2:
that they use it to make decisions. Um, and of course those smaller nonprofits did report having even less access to the data that they do need. So it’s a bit of a struggle and steve, I think, I know you have something to say,
[00:27:40.78] spk_1:
Oh, I always have something to say
[00:27:43.25] spk_0:
That that’s, that’s dismal. You know, one
[00:27:46.68] spk_1:
in five,
[00:27:47.80] spk_0:
one
[00:27:54.77] spk_1:
in five. Like if you’re sitting down around the table right with five nonprofits and one of them says I have all the data I
[00:27:55.86] spk_0:
need, I
[00:28:04.99] spk_1:
have it in the place where I need it and I have it served up to me in a way that I know what to do with it. Make a good decision. That’s dismal. That’s a great word for it.
[00:28:07.05] spk_0:
Yeah.
[00:29:21.91] spk_1:
And then we looked at some other aspects to this tony and okay, if if you do have a lot of data, Then what’s holding you back from using it every day to make meaningful decisions in your fundraising strategy 26%. So again, another like, well in this case, one in four, I suppose roughly so that they don’t have the time to form the insights they have the data, but maybe it’s just it’s just a matter of time. We all get that we, especially your audience, as you said, the smaller nonprofit world is there’s never enough time in the day. So I think there’s an opportunity for us, especially as you said as our data providers, technology providers that, that work off the data serve up data help nonprofits live off data. We need to serve it up in a way that makes sense that it doesn’t take time. Another one that I’ll share another one in five said that they don’t know how to form actionable insights. Okay. So I have the data, but again, it’s, it’s, it’s not and it may even be like right there for me, I don’t even need the time to go dig, you know into it and pull a report and compare and pivot tables and all the, I just don’t even know how to form an actionable insight based on what I’m given. Again, I believe that this is on us and our world to say here is what your auction data is telling you
[00:29:35.32] spk_0:
this is a data literacy issue. Then people not feeling comfortable making conclusions from the data that they do have. Is that isn’t that that data literacy,
[00:31:16.58] spk_2:
I think to some extent it is. But I also think the data can be intimidating just because there’s so much that can be measured and there’s, there are a lot of numbers obviously coming out of fundraising. What do I do with all of this? And I think people, especially non profits, you know, they have big jobs, they’re trying to make the world a better place. They want to do big things. And I think when you’re looking at data, you have to narrow and pick something small first and focus on that. Okay, I’ve got this piece master now I can pick another metric and focus on that. And I guess trying to give an example of that if you have part of your fundraising strategies to boost your recurring revenue this year. Great. Okay, where do I start? What do I do? What data do I look at start by going into your crm and looking at donors from 2022 who gave maybe three or four times. And I use myself as an example for this because this happened to me, I gave I think four or five times two best friend animal at best Friends animal society last year, just throughout the year as I was giving an honor of friends, pets, my pets, etcetera. They called me after running a little campaign and said, Hey, you know, we noticed that you’ve offered ongoing support last year, thank you for these gifts of these amounts. Would you consider becoming a recurring donor at $25 a month? Why not sure I can, I can spare that. Great. And even with just those little incremental increases across a couple of 100 people, you’re boosting your revenue there. Alright, you’ve boosted revenue using this one small metric that you focus in on what can you do next. So start small. Don’t get too overwhelmed to try to find somewhere to start, got to start somewhere.
[00:31:23.02] spk_0:
Let me give you a generous softball shameless self promotion opportunity because we’re talking about data being overwhelming and, and, and uh, like frustrating, how does, uh, how does one cause overcome that?
[00:31:44.28] spk_2:
I
[00:31:44.45] spk_0:
think the great,
[00:32:02.93] spk_1:
the great news is we help in a lot of ways. I mean we help connect nonprofits with more donors. We help that connection be meaningful in a way that it, it truly helps them engage with those donors. And we talked, we talked about donor engagement back when we were looking at that Finding around challenges, Tony Right. And so once we connect with more donors and engage with more donors and do that through a number of different ways to fundraise. That’s one of the things that we found and maybe I’m getting ahead of myself here. But I know we’ll talk about priorities for 2023 that nonprofits had told us about.
[00:32:21.12] spk_0:
But looking
[00:33:36.68] spk_1:
at new ways to fundraise to find new donors, acquire new donors and then use that engagement to retain those donors are nonprofits find that they are more highly satisfied with the technology that they acquire that they, that they purchase, that they use every day. And uh, it drives our mission and that’s what it’s all about. I I tell, I’ll give you a little anecdote here. tony but tomorrow and every Tuesday first Tuesday of the month. I help onboard new 11 cost team members that join our company. And I tell them, hey, you’re gonna have its work. You’re gonna have a bad day every now and then. But what we do, even on those bad days, we help make sure that another child is educated, another family is fed. We’re taking two steps closer to just finding that cure. Right? And this is all executed through these amazing nonprofits, all over the nation. How do we get involved with that? Exactly what I shared with you before, helping nonprofits find those donors engage those donors retain those donors and building a wonderful relationship that helps build a better tomorrow. Softball question back at you. Nobody
[00:33:38.05] spk_0:
answered. I was waiting. Yeah, I’m glad you. Thank you for stepping
[00:34:32.11] spk_2:
up. I do have something. I think since I just started talking about focusing on small things, something popped into my head while steve was talking about connecting with more donors. We run a campaign every year called in detectives where companies sign up and fundraise for nonprofits in the Indianapolis area. Um, and we use our peer to peer system for that. So we get in there, we use it, we fundraise for, we would fundraise fundraise for make a Wish Foundation this past year and looking even in just our peer to peer tools, we’re talking about starting small, There are little data points in there. Even for our donors where you can trap how far your social posts are reaching, how far different campaigns are reaching. So even donors can look and see what’s working to get the word out about a campaign and shift their strategies to use that particular social platform or that particular technique. So there are things built in throughout the system to even help donors analyze data, which I think is really interesting and something I haven’t seen with a lot of other fundraising platforms to be honest. So I think there’s something helpful there.
[00:34:45.38] spk_0:
Thank you. Alright, let’s let’s let’s go back to the, to the fundraising outlook. What are their takeaways are there that we haven’t talked about yet that you like to highlight you think are important for small and midsize shops to know the benchmark against.
[00:36:55.44] spk_2:
Sure, I think I would like to touch back on the hybrid fundraising aspect quickly, Quickly calling out again, steve touched on that 56% held hybrid events in 2020 to 32% held in person And looking at 2023 as nonprofits were looking ahead 45% said they were going to be holding hybrid events in 2023, which is really good to hear. Um, those hybrid and in person events were what we saw as most successful budget wise, performing against budget. And when we looked at, um, how they were performing against their budget was 80% who held either an in person or hybrid event reported that they were raising in line or more than their budget for the year. So great. We definitely want to focus on in person and hybrid. But I think Steve touched on this point a little bit The good part about this is that people are listening to donors. He mentioned some earlier research we had done with giving experience study earlier in the year where we get donor perspective on everything. And in that particular report, 56% of event donors said that they wanted some sort of virtual option. So I think that’s something that’s really important for nonprofits of all sizes to listen to, especially the small and midsize shops. We understand that hosting a hybrid event, there’s a lot of work. It’s, it’s tough. We held our race conference was hybrid this last year and it was hard. So definitely empathize with that. And but you’ve got to listen. It’s worth the effort if your donors are telling you this is what they want to give it a shot. Look at that event calendar. See if you can fit in some sort of virtual option in there somewhere. If it’s not on there now because that’s what people are saying they want to do this year. And of course keep an eye on the news because we know we’ve been hearing from here and there. There’s some, some numbers numbers going back up with covid cases, fingers crossed. Of course we don’t want anything to happen. But in the event that it does, It’s good to have that in your back pocket as an option for your donors.
[00:37:03.27] spk_0:
Do you think it’s worth surveying.
[00:37:06.20] spk_2:
Absolutely.
[00:37:26.27] spk_0:
Or do or donors like is everybody going to say I want the hybrid option. But then the fewer people actually sign up for it once it’s offered, everybody wants the option and then we set it up. We spend the money on the production and the platform. And, and then a disappointing number of people actually subscribe to it, join the stream. What do you what do you think? Yeah,
[00:37:46.92] spk_2:
I agree with that. That is kind of a sticking point when planning events as well. But if people have been telling us this is what they want, give it a shot. If it’s a total flop, then, you know, but I do agree that serving finding out what people want to do. Sometimes people are going to say yes and then they change their minds. I mean people change their minds all the time. You never know. But we have had customers who have said when they did offer that virtual option, they even wound up just getting donations from people who couldn’t attend the event in person and didn’t wind up, you know, going the virtual route. So offering that donation option along with that registration could be a possible solution to that as well to make up some of that. If people decide they’re not going to go the virtual route?
[00:38:16.65] spk_0:
I I saw that um, the fundraising, the priorities
[00:38:20.55] spk_2:
looking
[00:38:36.37] spk_0:
Forward are consistent with the challenges. So that’s that’s good. Our our community is aligned with what they see, where they see problems and where they know they have to focus. So 97% of of your respondents said that donor acquisition is going to be a key focus. I mean that, you know, it may as well call it 100% and nine right. If we’re going around 8 92 900 we could certainly around 97 to 100. Um and 96% right is right there to say donor retention is a key focus areas. So it’s gratifying to see that priorities are in line with the
[00:38:58.80] spk_1:
challenges.
[00:39:00.00] spk_0:
We’re rational, we’re all rational.
[00:39:02.17] spk_2:
It makes
[00:39:03.47] spk_0:
sense that the actor, a bunch of rational actors
[00:39:39.41] spk_2:
Um outside of those, I wanted to run through the top priorities really quickly because there’s some interesting differences in how folks rated those. So you touched on the top two. Um, next up was increasing funds from existing campaigns and that was, that was pretty high as well, 93% said that there was a priority and these were ranked as critical or important by folks who responded. Um, then there’s kind of a draft in the rate here, new ways to fundraise came in at about 82%, a little bit above that was operational efficiency and effectiveness at 84 and I find that kind of interesting
[00:39:41.84] spk_0:
because
[00:40:09.51] spk_2:
you know, if you’re focusing on operational efficiency and effectiveness, there’s probably gonna be a little bit more time in your day to focus on donor acquisition and retention. But there’s kind of this vicious cycle and all of these little things that go into that because we just talked about people being short on resources short on time so they can’t get to focusing on the operational efficiency. So I think there’s some work to be done and figuring out how to address all of these challenges and priorities in a way that’s beneficial to everybody and especially for these small and mid sized shops that are struggling with the resources and I know steve and I have talked about new ways to fundraise and how that can help with the donor attention in the acquisition as well as you want to.
[00:40:39.93] spk_1:
Yeah, I mean that’s that’s the diamond in the rough, as far as I’m concerned because we’re looking at it, this is nothing shiny at this point. It’s 82% for new raise to fundraise when we’re looking at 97% for donor acquisition, but it’s very possible that the new ways to fundraise and, and I think what we tend to do tony we tend to imagine the worst possible scenario, right. If I look into a new way to
[00:40:50.59] spk_0:
fundraise, it’s
[00:41:48.03] spk_1:
gonna take loads more time that I don’t have, it’s gonna take a lot more effort that that I just, I’m not ready to give. It’s gonna, it’s gonna expose me to all kinds of distractions. Uh, let’s go back to something, Sarah said, how about we start small? There are there are fundraising platforms available that allow you to break out of just the event type of fundraising And we then elements appear to peer weave in elements of social fundraising. Be able to tie together your online with your event efforts so that perhaps you are able to, by using new ways to fundraise, acquire new donors, retain some of those same donors because you’re doing it in a slightly different way where you might actually engage them differently. So I would, I would encourage your audience to consider. Okay, what is available to me that I might be able to try a slightly different way to fundraise, engage a slightly different audience and in fact, I may end up acquiring those new donors and retaining my current donors at the end of the day. Even better.
[00:42:08.34] spk_0:
All right, what else? We have some good amount of time left. If we, if we like any, any other stuff that uh, we haven’t talked about that you think is important for folks to know anything else from the study? Let me just remind folks you can get it at one cause dot com slash research. It’s the 2023 fundraising outlook.
[00:42:23.94] spk_2:
Perfect. Anything
[00:42:25.35] spk_0:
else?
[00:42:25.65] spk_1:
I’ll add something. Let’s go back. Let’s go back to challenges real quick, just for just for a minute. And
[00:42:32.02] spk_0:
this is gonna
[00:42:33.23] spk_1:
sound, this is gonna sound a little bit perhaps initially on the negative side, but I’m going to try to turn it into a little bit of a sunrise for us and end on something inspirational. Um, I’ve had the privilege of running this survey for I think I said five years now, five or six
[00:42:51.04] spk_0:
years
[00:42:51.97] spk_1:
And one of the things Tony that we do is we take that question around challenges. And we, we talked about this right donor fatigue, donor engagement retention, recurring giving, etc. And, and there are 13 different challenges that we asked non profit respondents to rate individually so we can track those as individual challenges.
[00:43:13.35] spk_0:
We can
[00:43:13.77] spk_1:
also track them as a collective level of challenge that the nonprofit says, hey, this is my
[00:43:20.98] spk_0:
overall
[00:43:22.26] spk_1:
level of challenge this
[00:43:24.49] spk_0:
year.
[00:43:51.86] spk_1:
We take that average across the entire respondent base. We’ll call it 900 and we’ll link that back to what things look like in 2021 and we can compare that average as well to 2020 and a 2019. And what’s really interesting to me. So two points first one again, perhaps on the surface a little negative is that those challenges are getting more intense. The average of those 13 challenges year over year, the relative rating of those challenges is increasing year over year over
[00:44:00.65] spk_2:
year. I
[00:44:02.10] spk_1:
Would have thought initially that 2020 would have been defining the ceiling and perhaps 2021 a little less and 2022 a little less. That’s not the trend. The trend is actually showing more intense challenges for our nonprofits.
[00:44:20.49] spk_0:
The good
[00:44:21.01] spk_1:
news is that we have data like this report and other reports out there that help us focus in on that right step that, that next right step and how to understand that Sarah was saying to find that one metric, maybe it’s around recurring giving, maybe it’s around looking at my, my uh, tech acquisition. Uh, there’s all kinds of things in this report that we’re not obviously covering in in these few minutes, but
[00:44:50.45] spk_0:
take
[00:45:29.16] spk_1:
This report, find that one or two next steps that you can actually move against in 2023 and watch yourself move be pulled out of those challenges in that one area. Are you going to improve every area? Probably not because not one of us can do everything. But the good news is that we have a clear path to make good decisions to see what our peers are doing with through research reports like this, see what the rest of the nonprofit world is doing, where they’re succeeding and we can point our ship there and really look to succeed even if it’s in small ways in 2023. So that’s, that’s probably my, my, my message of hope and inspiration using something as as, uh, as vanilla as data. But boy, it really opens up the opportunity for us to see what we need to do next. What step we want to take and where we can make progress in the next year.
[00:45:48.63] spk_0:
Anything that sounds like, you know the way one cause hopes that you will use their 20, fundraising outlook. Sarah, what would you like to leave this with?
[00:46:58.64] spk_2:
I kind of wanted to touch on steve mentioned tech acquisition and there’s something in the report about shifts in nonprofit technology investment. I would love for people to kind of look at the particular chart for that. I think about it. I’m looking at it right now on my other monitor actually and there are 36% of nonprofits saying that they’re going to invest more in marketing automation. So that’s kind of in line with, you know, the donor acquisition piece we were talking about in the challenges etcetera. And I’m interested to see, you know, what is the R. O. I. On this once this year happens? How do people use it? Was it effective for them? Did they feel like they had enough training? Were they able to use it? Because I don’t really want people to fall into that hole of, here’s the data and now I don’t know what to do with it. So I’m interested to see if there are enough resources out there for folks related to that marketing automation. Are they getting the training? They need to know how to use it effectively. Um I’m just interested to see next year’s results I guess is what I’m trying to say, but I do kind of want to echo steve’s message. I I want nonprofits to know they’re not Lonely islands. There are other nonprofits out there who are obviously facing similar challenges and looking for solutions. Talk to other nonprofits, talk to your peers, uh something that may have worked for them, may work for you, something that works for, you may work for them. So really rely on your community to talk through solutions that you’ve been working through and share the wealth of those ideas because we’re all in it for the same reason and that’s to make lives better for everyone. So definitely share the knowledge.
[00:47:29.48] spk_0:
Alright, messages of hope and inspiration
[00:47:33.08] spk_2:
from
[00:47:34.25] spk_0:
from two directors at one Cause Sarah Sebastian Director of corporate communications steve Lauch, Director of product marketing. The company is at one cause and at one Cause dot com, The report is the 2023 fundraising outlook, steve, Sarah Sarah steve, thank you very much. Real pleasure.
[00:47:55.96] spk_1:
Thanks for having us
[00:47:57.13] spk_2:
appreciate it
[00:48:21.15] spk_0:
next week, purchasing pro tips If you missed any part of this week’s show, I Beseech you find it at tony-martignetti dot com. Our creative producer is Claire Meyerhoff. The shows social media is by Susan Chavez Marc Silverman is our web guy and this music is by scott stein, Thank you for that. Affirmation Scotty B with me next week for nonprofit radio big nonprofit ideas for the other 95%, go out and be great.