The 7 Secrets: Building Donor Loyalty Through Monthly Giving Harvey McKinnon Twitter @harveymckinnon
Our Agenda A core problem that non-profits face Monthly gift options A few myths
Our Agenda 4. Where are you stuck? 5. Your best recruitment channels
Why you need Monthly Donors…
Donor Attrition & Donor Retention Lose 103 for every gain of 97
What attrition means to you?
7 Great Reasons To Act
Annual Income Increases
Better Relationships
Savings
Predictability
Donors stay longer
Upgrading:
Convenience
A Case Study Cindy Williams gives $1000 per year to 10 charities
Monthly Gift Options
A Few Myths
Why Your Organization? Crisis centre hotline saved my son’s life. Seva cured a woman’s blindness; you are the leading organization.
What key things do one-time donors look for that convince them to make monthly pledges?
Is there an urgent reason to give? Crisis, deadlines, oral Roberts 7$million Jesus will take me home. TSUMANI 5 minutes $600 million. Matching. Date deadline. Target.
Is it easy to give? Alford Million dollar college gift, would you be willing to explore how you could give more 975,000 +100K amnesty envelope, online event convenience, Marcia asking for a glass of water. IPad give away?
How will you measure results? Mike Bartlett's donor ask this question.. s Stanford social innovation 22 50K only 4 wanted lots. John wood use of facts, numbers. Another gift when you are asked forces you to measure effectiveness
Where are you…
How Much Do You Ask For?
Your best recruitment channels Mail Face-to-face Digital Phone Video Events
Your 30 Day Challenge What will you do within the next 30 days? 1. ________________ 2. ________________ 3. ________________ 4. ________________ 5. ________________
Your One Year Challenge What will you do within the next 365 days? 1. ________________ 2. ________________ 3. ________________ 4. ________________ 5. ________________