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HTML Your Not-For-Profit Fundraising Letter Programs Has Three Goals. Your Not-For-Profit Fundraising Letter Programs Has Three Goals. Author: Alan SharpeYour direct mail fundraising program should have three goals. Goal 1. Acquires donors If your organization is typical, you lose around 15 percent of your donors each year. They simply stop responding to your appeals. Fifteen percent is average, but it's a terrifying percentage all the same. If your organization has 10,000 active donors today, and if 15 percent stop giving this year, then you will lose 1,500 donors. This is the main reason that you need to create and manage a well-planned, annual donor acquisition program. You cannot afford to simply mail to your existing donors only. You need to replace the donors who never renew. Without a steady influx of new donors, you will be moving backwards each year, not forwards. Goal 2. Renews donors A whopping 65 percent of donors acquired by direct mail give once and never give again. What all of this means is that the most important gift in direct mail fundraising isn't the first gift but the second one. What's vital over the long-term isn't the first mailing that acquires the donor, although that's vital, obviously, but the second mailing (or third or fourth) that keeps the donor. That's why a healthy annual direct mail program includes a series of renewal mailings designed to renew the support of donors and members year after year. Goal 3. Upgrades donors Most people start supporting a non-profit organization by making a small donation. Often, that donation is sent through the mail in response to a direct mail appeal. Major donors, board members, those people who left you a large bequest in their will, all of them likely started out with a small gift. So you can see the necessity of cultivating all of your direct mail donors over time, nurturing them so that they increase their commitment, increase their loyalty, and boost their giving frequency and gift amounts. As you can see, direct mail fundraising isn't primarily about money. Your direct mail program is primarily about finding new friends (acquisition), keeping those friends (renewal) and building lasting relationships with those friends (donor cultivation). When you manage to get all three of these things right year after year, the results show on your income statement. And you feel more fulfilled as a fundraiser. © 2006 Sharpe Copy Inc. You may reprint this article online and in print provided the links remain live and the content remains unaltered (including the "About the Author" message). -- ABOUT THE AUTHOR Alan Sharpe is a professional fundraising letter writer, instructor, coach, author and newsletter publisher who helps non-profit organizations to raise funds, build relationships and retain loyal donors using cost-effective, compelling, creative fundraising letters. Sign up for free weekly tips like this at http://www.RaiserSharpe.com Article Source: http://www.articlealley.com/http://alansharpe.articlealley.com/your-notforprofit-fundraising-letter-programs-has-three-goals-42418.html Text Your Not-For-Profit Fundraising Letter Programs Has Three Goals. Author: Alan Sharpe Your direct mail fundraising program should have three goals. Goal 1. Acquires donors If your organization is typical, you lose around 15 percent of your donors each year. They simply stop responding to your appeals. Fifteen percent is average, but it's a terrifying percentage all the same. If your organization has 10,000 active donors today, and if 15 percent stop giving this year, then you will lose 1,500 donors. This is the main reason that you need to create and manage a well-planned, annual donor acquisition program. You cannot afford to simply mail to your existing donors only. You need to replace the donors who never renew. Without a steady influx of new donors, you will be moving backwards each year, not forwards. Goal 2. Renews donors A whopping 65 percent of donors acquired by direct mail give once and never give again. What all of this means is that the most important gift in direct mail fundraising isn't the first gift but the second one. What's vital over the long-term isn't the first mailing that acquires the donor, although that's vital, obviously, but the second mailing (or third or fourth) that keeps the donor. That's why a healthy annual direct mail program includes a series of renewal mailings designed to renew the support of donors and members year after year. Goal 3. Upgrades donors Most people start supporting a non-profit organization by making a small donation. Often, that donation is sent through the mail in response to a direct mail appeal. Major donors, board members, those people who left you a large bequest in their will, all of them likely started out with a small gift. So you can see the necessity of cultivating all of your direct mail donors over time, nurturing them so that they increase their commitment, increase their loyalty, and boost their giving frequency and gift amounts. As you can see, direct mail fundraising isn't primarily about money. Your direct mail program is primarily about finding new friends (acquisition), keeping those friends (renewal) and building lasting relationships with those friends (donor cultivation). When you manage to get all three of these things right year after year, the results show on your income statement. And you feel more fulfilled as a fundraiser. © 2006 Sharpe Copy Inc. You may reprint this article online and in print provided the links remain live and the content remains unaltered (including the "About the Author" message). -- ABOUT THE AUTHOR Alan Sharpe is a professional fundraising letter writer, instructor, coach, author and newsletter publisher who helps non-profit organizations to raise funds, build relationships and retain loyal donors using cost-effective, compelling, creative fundraising letters. Sign up for free weekly tips like this at http://www.RaiserSharpe.com Article Source: http://www.articlealley.com/http://alansharpe.articlealley.com/your-notforprofit-fundraising-letter-programs-has-three-goals-42418.html About the Author: Article Title: Article Keywords: return to article Author by Alan Sharpe ads similar articles Ishares and ETFs: Indexed Investment IllusionsHow many of you remember the immortal words of P. T. Barnum? Of Yogi Berra? On Wall Street, the incubation period for new product scams may be measured in years instead of minutes, but the end result is always a lopsided, greed-driven, gold rush toward fi......WHAT DO BILL GATES AND OPRAH WINFREY HAVE IN COMMON?DISCOVER THE TRUTH ABBOUT THE TWO.Have you ever noticed this common behavior among billionares? Other that thier own personal Fort Knox, Bill Gates and Oprah both have an insatiable desire to learn. Did you know that every year Bill Gates goes away for a week with a suitcase full of......Quick Synopsis: Angel and Informal InvestorsWho are they? Legally speaking, angel investors are required by the Securities and Exchange Commission to have assets of at least $1 million. According to the Center for Venture Research at the University of New Hampshire, there are approximately 4000......Finding Business OpportunitiesBusiness opportunities. Elusive? Not as much as I once used to think. In the past, when I contemplated business opportunities, I usually found myself in complete loss for novel ideas. Not anymore. I discovered that one of the best ways to discover ne......Finding an Online Niche to Make MoneyToday I've decided to write about finding an online money-making niche and setting up a website based on that niche. Almost any online marketing expert will tell you that unless you're pockets are deep and you can afford an expensive online marketing camp...... 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Text Your Not-For-Profit Fundraising Letter Programs Has Three Goals. Author: Alan Sharpe Your direct mail fundraising program should have three goals. Goal 1. Acquires donors If your organization is typical, you lose around 15 percent of your donors each year. They simply stop responding to your appeals. Fifteen percent is average, but it's a terrifying percentage all the same. If your organization has 10,000 active donors today, and if 15 percent stop giving this year, then you will lose 1,500 donors. This is the main reason that you need to create and manage a well-planned, annual donor acquisition program. You cannot afford to simply mail to your existing donors only. You need to replace the donors who never renew. Without a steady influx of new donors, you will be moving backwards each year, not forwards. Goal 2. Renews donors A whopping 65 percent of donors acquired by direct mail give once and never give again. What all of this means is that the most important gift in direct mail fundraising isn't the first gift but the second one. What's vital over the long-term isn't the first mailing that acquires the donor, although that's vital, obviously, but the second mailing (or third or fourth) that keeps the donor. That's why a healthy annual direct mail program includes a series of renewal mailings designed to renew the support of donors and members year after year. Goal 3. Upgrades donors Most people start supporting a non-profit organization by making a small donation. Often, that donation is sent through the mail in response to a direct mail appeal. Major donors, board members, those people who left you a large bequest in their will, all of them likely started out with a small gift. So you can see the necessity of cultivating all of your direct mail donors over time, nurturing them so that they increase their commitment, increase their loyalty, and boost their giving frequency and gift amounts. As you can see, direct mail fundraising isn't primarily about money. Your direct mail program is primarily about finding new friends (acquisition), keeping those friends (renewal) and building lasting relationships with those friends (donor cultivation). When you manage to get all three of these things right year after year, the results show on your income statement. And you feel more fulfilled as a fundraiser. © 2006 Sharpe Copy Inc. You may reprint this article online and in print provided the links remain live and the content remains unaltered (including the "About the Author" message). -- ABOUT THE AUTHOR Alan Sharpe is a professional fundraising letter writer, instructor, coach, author and newsletter publisher who helps non-profit organizations to raise funds, build relationships and retain loyal donors using cost-effective, compelling, creative fundraising letters. Sign up for free weekly tips like this at http://www.RaiserSharpe.com Article Source: http://www.articlealley.com/http://alansharpe.articlealley.com/your-notforprofit-fundraising-letter-programs-has-three-goals-42418.html About the Author:
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