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Measuring Your Nonprofit’s Success with Business Intelligence 

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At least one of the criteria for measuring a successful year is related to your financials. Business intelligence about fundraising requires good data showing how well your team does its work. For example, does your fundraising team know how to tell if a donor or other funder meets the criteria to become deeply engaged?

Measure 52
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3 Tips to Help Your Nonprofit Steward Corporate Partners

Nonprofit Tech for Good

.” High customer retention rates can help a company spend less on marketing, improve the overall lifetime value of a customer, and earn more referrals. According to the Harvard Business Review , increasing customer (or partner) retention rates by 5% can increase profits by 25-95%.

Help 271
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5 Essential Employee Retention Tips for Nonprofit Managers

sgEngage

Retaining top performers is likely a measure of your effectiveness and success in your role. Recruiting and onboarding may have larger impacts on your ultimate retention rate than you initially realized, for instance. Then, discuss them with the team member. It’s also objectively measurable through concrete KPIs.

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Your Guide to Year-End Fundraising Best Practices

Nonprofit Tech for Good

During a year-end campaign, it’s essential to track and analyze data from these multiple channels. Sending emails between Tuesday and Thursday and between 9 AM and 12 PM or 6 PM and 9 PM can also increase open and response rates. However, this is not a universal rule. Define your metrics of success.

Practice 235
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Which Customer Relationship Management (CRM) Software is Best for Your Nonprofit?

Nonprofit Tech for Good

The ability to track and monitor those relationships should be the #1 priority for organizations seeking to expand their donor base or increase their revenue. There is a higher website conversion rate and donors stay on the website longer because of more opportunities to engage with the software.

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An Inside Look at Crafting a Strong Nonprofit Marketing Plan

Allegiance Group

A nonprofit marketing plan lays the roadwork your team must follow to achieve your goals. Cohesion across your team. Personalization has many benefits, from enhancing supporters’ experiences with your nonprofit to improving conversion rates and engagement. Google Ads ), and understanding tracked data.

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Top 2021 Fundraising Strategies: Mastering an Analytical Approach to Strategy and Planning

Bloomerang

One of the biggest problems nonprofits face is improving their low donor retention rate. If you have no idea what a good or poor donor retention rate is, it’s difficult to measure your own performance. Track your own data. For example, retention rates tend to be higher for mid-level and major donors.

Analytics 126