Your nonprofit likely has plenty of strategies for gathering direct donor feedback. You might send surveys or host meetings with high-level supporters to get their input on your organization’s strategies.
But donors can reveal just as much information about their motivations and interests through their unspoken actions. Specifically, donor giving patterns can reveal insights about how to best
reach donors across multiple platforms and secure their long-term support.
Let’s review three strategies for analyzing your donor giving patterns to create a data-driven fundraising and marketing strategy:
Let’s explore how to
adjust your donor management strategy to better appeal to their preferences and take advantage of instances where donors are highly motivated to give.
Certain times of the year put donors in a charitable mood, leading them to give more. Identifying and leveraging these times will help your nonprofit make the most of ideal giving opportunities.
For example, here are a few times of the year when donors may be compelled to give:
Track data for your marketing campaigns during these special events to determine which messages are most effective for driving donations. For example, you might test different Giving Tuesday email strategies or affinity month themes to see if donors respond better to certain appeals. Assess metrics such as your email open rate or online donation rate to measure your success.
Assessing demographic-related giving patterns can help you understand who is supporting your cause and how you can better connect with them.
Bloomerang recommends finding donor management software that lets you maintain comprehensive donor profiles with details about supporters’ past interactions with your organization and personal information. Using this tool, you can track the following donor demographics:
For each of these demographics, conduct audience research to determine:
Proper data management is necessary so you can keep your donor information organized and ensure it’s reliable.
NPOInfo’s donor data management guide recommends developing data entry guidelines with standard formats so your full team is on the same page about how to update your database.
When your data is clean and accurate, you can boost the ROI of your outreach efforts because you can reach out to each demographic in ways that resonate with them. Donors will be more likely to engage with messaging that applies to their interests and motivations.
Online giving continues to grow in popularity, meaning it’s important to stay updated on the latest online giving trends and patterns. Soliciting donations online tends to be more challenging than in person because you’re separated from donors by a screen. However, by studying your donor engagement metrics regularly, you can determine what makes online donors tick.
Use your
fundraising tools like your online donation software, donor database, and website metrics to determine the following:
Measure the impact that changes to your online engagement approach have on your fundraising outcomes. For example, you might use A/B testing to determine the best layout for your online donation page. Run metrics reports regularly and share the results with your team to ensure everyone is on the same page about how your strategy is going.
Understanding donors’ giving patterns lets you anticipate future behaviors and maximize giving opportunities. You can use this intel to make your upcoming fundraising campaigns more targeted and raise more for your mission.
About the Author
Jay Love
Jay Love is the Co-Founder and current Chief Relationship Officer at Bloomerang.
He has served this sector for 33 years and is considered the most well-known senior statesman whose advice is sought constantly.
Prior to Bloomerang, he was the CEO and Co-Founder of eTapestry for 11 years, which at the time was the leading SaaS technology company serving the charity sector. Jay and his team grew the company to more than 10,000 nonprofit clients, charting a decade of record growth.
He is a graduate of Butler University with a B.S. in Business Administration. Over the years, he has given more than 2,500 speeches around the world for the charity sector and is often the voice of new technology for fundraisers.
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