Marketing your donation drives, fundraising campaigns, and other key events throughout your nonprofit’s financial cycle is the key to maintaining the cash flow necessary to any nonprofit’s ongoing mission. It doesn’t matter your focal area or level of impact, you need the campaigns you run to reach the donors who can help you. So how do you identify the right donors for a given campaign? Who do you target as you build messaging? The key is in your donor data from past campaigns, and the right nonprofit software tools can unlock new ways to leverage the data you already have.
- Track new donors from the moment they make their first contribution so you can gather data on their evolving relationship with your nonprofit
- Estimate the best amount to ask for based on donor history, campaign type, target audience, and other key situational factors
- Locate major prospects by identifying untapped pockets of potential donors in your community through the use of publicly available demographic data and your own nonprofit data management infrastructure
- Focus on donor retention by tracking inactive donors and enacting outreach programs designed to bring them back in
- Identify trends in donor behavior that indicate changes long-term behavioral changes so you can be more responsive with your messaging
The key to all of this is investment in the tools that allow you to fully unlock your data by analyzing trends, improving projections, and tracking campaign progress from season to season. Salesforce data integration does that by bringing those tools to your existing database, working with your current system instead of replacing it.
How Audience Profiling Can Help You Collect Key Data
Understanding who responds to your campaigns and what they are most concerned about is the key to fine tuning your messaging and bringing in even stronger responses from your donor population. It can also help you find gaps in your outreach and communications plan by revealing whether there are populations of potential donors in the community you are not currently reaching. To understand these facts and use them to build more successful campaigns, you need to first collect and organize it, and that’s done efficiently throug audience profiling.
Maximizing Your Campaign’s Budget
The goal in any campaign is to bring in the most donations possible for the cost of the operation. That’s why understanding and using your key data to target the most likely donors with the right asking amount is so important. By knowing when you are asking too much or not enough, you can fine tune individual appeals to donor groups or even individual high value donors your organization courts on an ongoing basis. It’s all there in your existing donor and campaign performance data, so what are you going to do to unlock the information and use it? For most nonprofits, the best answer is to invest in the analytyical software tools that comb through your database to find the key trends and insights you can use to make more informed decisions. Talk to an industry expert today to learn more.