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7 Ways Nonprofits Can Automate Donor Retention

Nonprofit Tech for Good

By Christy Smaglio , Instructional Writer at Donor Perfect – a top-rated donor management system and fundraising platform for nonprofits. Donor retention is a crucial aspect of a productive fundraising strategy. Here are seven excellent methods of increasing donor retention and how to automate them.

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7 Steps to Better GivingTuesday Donor Retention

Neon CRM

It’s easy to focus on fundraising success and forget about donor retention. GivingTuesday Donor Retention Makes Financial Sense… While you work on your plan to attract new donors on GivingTuesday, spend some time thinking about how you’ll retain them after the big day. It’s one of the most high-profile fundraising days of the year.

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6 Monthly Giving Email and Social Media Templates to Grow Your Program

DonorPerfect

Data shows that inviting donors to celebrate your cause through an ongoing commitment increases your overall retention rate, and in turn, your annual revenue. In fact, nonprofits who create their program through DonorPerfect have an average monthly donor retention rate of 90%. While only 3 out Read More ».

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3 Tips to Help Your Nonprofit Steward Corporate Partners

Nonprofit Tech for Good

In business, customer retention is “big business.” ” High customer retention rates can help a company spend less on marketing, improve the overall lifetime value of a customer, and earn more referrals. Calculate your churn rate as Total # of Partner by Total Value of Partners.

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How to Retain Your Year-End Donors

Neon CRM

That’s why it’s essential to have a donor retention plan in place. Having a donor retention strategy in place to retain year-end donors is the best way to get a good return on the investment you put into acquiring them. 114 ÷ 367) x 100 = 31, so they had a 31% donor retention rate. Let’s take a look.

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Top 6 Reasons to Focus on Recurring Donations for Nonprofits

Nonprofit Tech for Good

When you combine this higher annual giving level with the fact that monthly donors have much higher retention rates, you can begin to see why monthly donations are important. Download Classy’s 8 Email Templates to Upgrade Your Recurring Donors for tips and examples of how you can make these asks of this committed cohort.

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First-Time Donor Retention: 3 Nonprofit Best Practices

NonProfit Hub

Start boosting your donor retention rate by focusing on those who are just giving to your nonprofit for the first time. Why First-Time Donor Retention is Important. New donor retention plays a major role in your overall retention rate. You can find great resources for templates online! Showing Impact.