Written by Sarah Hoddinott

charitymash-whats-hot-in-fundraising

The fundraising landscape is always changing-forcing nonprofits to work even harder to keep up with what’s hot in the market.  Keeping track of new trends can be a full time job in its own right, and knowing how to change development plans can be a daunting task.  Achieving success in this ever-changing landscape can seem impossible, but it’s not.

What’s Hot

Despite the Internet bursting into the scene more than 15 years ago, organizations are still learning how to incorporate a Web strategy to help meet their overall goals, especially that of improving donor retention and loyalty.  However, the following hot new tools have begun to enter fundraisers’ vocabulary over the past few years.

1. Major Event Fundraising

Nonprofits have always included events in their development strategies.  They are a great way of bringing the most loyal donors together, and make giving a fun, community function.  The introduction of the Internet and peer-to-peer event management tools has made it easier to host larger, broader-based events, such as country-wide walk-a-thons.  These technologies have not only made it easier to host these events but also allowed nonprofits to be more effective with outreach efforts.  By taking your major event online, you can achieve greater reach-and ultimately raise more money and awareness for your organization.

To be successful with a major event, make sure you plan in advance.  Coordinate different locations and host multiple events on a single day, while promoting these efforts under a single brand.  Build your online registration and peer-to-peer fundraising tool early, and put it in the hands of your most loyal donors.  Offer incentives for fundraising in lieu of charging a registration fee.  And, don’t forget the value of strong Web site content and the power of the Internet; build a microsite for your event, and promote it on social networking sites like Facebook.

2. Peer-to-Peer Fundraising

Your most loyal donors and the people you serve are your best ambassadors.  Peer-to-peer fundraising makes it easy for people to reach out to their friends and family, especially when the time is right for them-but requires your guidance to ensure success.  Nonprofits can start to build a culture for peer-to-peer fundraising by integrating simple features into their Web sites.  Remember that your organization’s core messages need to be included with every personal appeal sent to donors.  Also build your brand when you introduce peer-to-peer tools; you can then begin to build a new donor pool.

3. Social Networking

Social networking sites, such as Facebook and MySpace, bring together your supporters in new ways and offer new tools for non-profits.  You can lead the way in making the most of social networking by using these sites’ group pages to recruit new supporters and publicize the needs and services of your organization.

Some key steps fundraisers should take including building a group and promoting their organizations’ Donate Now pages on that group.  Encourage donors and members to join; people will find you on their own, as well.  Once you’ve done that, it all comes down to communication.  Highlight your organization’s appeals, initiatives and needs, and use social networking to maximize volunteer recruitment.

4. Micro-Campaigning

Nonprofits’ main Web sites should always focus on maintaining a clean image.  Use simple graphics that highlight who you are and what you do.  Over time, organizations’ Web sites often become cluttered and try to fill too many needs at one time.  Micro-campaign pages are a good solution for when this happens; they can help keep your main Web site focused and allow you to develop a sub-brand or new program for target audiences.

Today, content management systems offer more features to enable nonprofits to build such sites.  As with all fundraising initiatives, a micro-campaign site should be carefully thought out and planned.  Know your audience and goals.  Also be sure to think about ways of promoting the Web page’s existence and role on your main site.

What’s Not

 

1. The Recession

 

The recession is the biggest challenge we’re all facing.  Rising unemployment is causing everyone to re-evaluate their spending, including their philanthropic contributions.  Organizations are coming to grips with the impact that the economy is having and looking for less expensive ways to raise funds and keep their donors engaged.

To grow, despite the challenges the economy is creating, look to some of the less expensive online tools that are available.  Now is the time to develop a social networking strategy and stay focused on building your community; your loyal donors will continue to support you.

2. Ignoring Key Performance Indicators

It’s important to never forget the basics.  Know what your Key Performance Indicators (KPIs) are, monitor them closely, and adjust your development plan to protect what’s important.  It’s never wrong to focus on donor retention, but during hard economic times, it’s probably the biggest goal we all need to work to protect.

3. Static Web Site Content

Think about the Web sites you enjoy and visit regularly.  Are any of these pages filled with static content, or do they have dynamic graphics and messaging that make you want to look for what’s coming next?  Web site content is easy to build and personalize.  Get creative, and think about your audience.  If you serve children, find a way to use your content to appeal to them; perhaps you can add online games and puzzles.  Remember to keep changing such content out, so visitors will want to come back again.

4. Manual Process Management

In this day and age, nonprofits shouldn’t have to use pen and paper and spend lot of time to manage communication and other processes.  Organizations should be able to look to their fundraising database systems to support all of its activities, especially those that are unique to it and its donors.  Find out what your software offers you to give you the time to focus on building new Web sites and social networking strategies.

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About Bev

I am the 'New you Guru' and I help you find out Who the Hell you are. So many of us go through changes in life and we wear many hats, however everyone asks the question 'Who the Hell am I' at some point. I help you recognise the real you and become an authentic human being. Able to deal with everything life throws at you knowing that you know who the hell you are.

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