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Why is Donor Retention Rate So Important?

Qgiv

Research consistently shows that it almost always costs more to acquire a new donor than it does to retain an existing donor, making your donor retention rate a very important metric to track. What Is Donor Retention Rate? Your donor retention rate is an indicator of how well you’re handling donor relationships. 876/2,000 =.438]

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Integrating Your Digital and Direct Mail Strategies: A Guide

DNL OmniMedia

Guest post blog submitted by: GivingMail, a leading provider of direct mail solutions. In order to truly maximize your fundraising efforts and better engage with the individuals who help fund your mission, an integration between direct mail marketing and a digital channel is a huge step in the right direction. . Let’s dive in!

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10 Proven Strategies To Help You Retain New Donors

Bloomerang

In their survey, they asked nonprofits what their current donor retention rate was: about 60% said they didn’t know and the rest had an average donor retention rate of 45%. On average, donor retention rates increase based on the average gift amount. For donors who give gifts under $100 the average retention rate is 25%.

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9 Ways to Improve Your Nonprofit’s E-Newsletter

The Modern Nonprofit

According to social media researcher and author Dan Zarrella , including more links in your emails will garner better click-through rates and fewer unsubscribes. Craft your message in a trustworthy, natural voice so that your readers feel personally involved. Make it convenient to opt-in to your mailing list.

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The Secret Way To Boost Year-End Gifts

Bloomerang

Some examples: the person who made the most calls, the person who left the most voice mails, or the person who had the longest call. Texts have a 98% open rate. Your voice mail or email? If you do it in person, serve snacks and drinks. Whether you do it in person or on Zoom, offer fun prizes. You get the idea!

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Turn your season of giving into a season of gratitude 

Candid

But unfortunately, the average donor retention rate in 2022 was 42.6%, making it the lowest rate on record. Leave a voice message thanking them for their gift and briefly explaining how it will help your organization. Prep thank you cards, so you can easily put them in the mail when donations come in.

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New Email Tests Improve Clicks, Slow Exiting

The NonProfit Times

Average 2023 clickthrough rates were nearly identical to what they were in 2022 for GivingTuesday. However, the unsubscribe rate was nearly 25% less than what it had been the previous year despite the six emails being twice the total of three sent a year earlier. “I The underlying analytics were impressive. Research backs this up.

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