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The 7 Secrets: Building Donor Loyalty Through Monthly Giving

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Presentation on theme: "The 7 Secrets: Building Donor Loyalty Through Monthly Giving"— Presentation transcript:

1 The 7 Secrets: Building Donor Loyalty Through Monthly Giving
Harvey McKinnon

2 Our Agenda A core problem that non-profits face Monthly gift options
A few myths

3 Our Agenda 4. Where are you stuck? 5. Your best recruitment channels

4 Why you need Monthly Donors…

5 Donor Attrition & Donor Retention
Lose 103 for every gain of 97

6 What attrition means to you?

7 7 Great Reasons To Act

8 Annual Income Increases

9 Better Relationships

10 Savings

11 Predictability

12 Donors stay longer

13 Upgrading:

14 Convenience

15 A Case Study Cindy Williams gives $1000 per year to 10 charities

16 Monthly Gift Options

17 A Few Myths

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19 Why Your Organization? Crisis centre hotline saved my son’s life. Seva cured a woman’s blindness; you are the leading organization.

20 What key things do one-time donors look for that convince them to make monthly pledges?

21 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.

22 Is it easy to give? Alford Million dollar college gift, would you be willing to explore how you could give more 975, K amnesty envelope, online event convenience, Marcia asking for a glass of water. IPad give away?

23 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

24 Where are you…

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26 How Much Do You Ask For?

27 Your best recruitment channels
Mail Face-to-face Digital Phone Video Events

28 Your 30 Day Challenge What will you do within the next 30 days? 1. ________________ 2. ________________ 3. ________________ 4. ________________ 5. ________________

29 Your One Year Challenge
What will you do within the next 365 days? 1. ________________ 2. ________________ 3. ________________ 4. ________________ 5. ________________

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