5. Fundraising - Targeting Your Donors
Of course, you want to reach all the donors you can, because
the more people you appeal to for money, the more "yes" responses you are likely to get. For most non-profit
groups, especially the small ones, the very logistics of trying to reach all possible donors are simply
impossible. Advertising in newspapers and on television shows and trying to visit everyone in a city in
a direct appeal is simply a lot of work - and a huge expense. Most non-profit groups can only contact a
limited number of people, so you will want to do one of the following:
1) Contact as many people as is humanly possible using the budget
you have.
2) Contact only those people who are likely to support your
non-profit organization.
In almost every case, option #2 will result in more "yes"
answers while using a smaller budget. People who are interested in your cause are more
likely to support your fundraiser than the general public, so you need to target these people. If
you are targeting only those who are likely to say "yes" to supporting your cause, then you will get more
responses of "yes" from this group rather than the general public.
No matter how you decide to go about fundraising, you are going to get
rejections and "no" responses, and unfortunately the chances are very high that you will get a large number
of them. Do not take this personally. This can be very hard to learn, but it is not you personally that is
being rejected, it is the actual donation to your cause that is being rejected. Remember that these negative
responses will lower morale, and volunteers will begin to wonder whether they are doing any good at all. If
you can reduce the chance of a "no" response, then your volunteers will be happier for
longer.
The "no" responses have to be anticipated, and there is no problem
with them, except that it has cost your organization time and money in contacting that person directly to
make an appeal. In situation #1, you will end up educating and raising awareness for you group, but you will
receive more "no" responses than if you appeal to those who are already familiar with your
cause.
Advertising can work wonders, but only if it actually reaches its
targeted audience. How many advertisements do you receive through the mail each week from different
charities? How many of these do you actually read? How many go straight into the recycling bin? How
successful was their advertising campaign? Were you a targeted person? Is their appeal successful? Why
or why not? You can take all this fundraising campaign literature and use it to your advantage by seeing what
does or does not work for other groups.
There are numerous advertisements in both the local and regional
newspapers, but how many people actually see those ads, let alone respond to them? How many of the ads in a
newspaper do you actually see? Unless you are looking for a particular ad or news item, you have probably
programmed yourself not to even see them. I know I have! And if I did see an ad, the chances of my responding
to it are very low.
Now using your volunteers to go door to door can be a very daunting
tasks. Many people are not home at the time it suits your volunteers to call, and not many people want to
open their door after dark, so it means volunteers have to visit on weekends. Even then, if people are
home, they may have a policy of not opening the door to strangers, so this strategy is not always successful
these days.
So, if you decide to appeal to a smaller
group, but you choose these people carefully, what happens?
Certainly there are disadvantages to this method - you do not raise
awareness about your organization over such a wide segment of the population, and you
will still get plenty of "no" responses, and even before fundraising, you will have to spend lots of
time in order to determine who to target for your appeal.
Despite this, this group is likely to have a higher ratio of
"yes" answers in a much shorter period of time, because you are appealing to the very people who are
most likely to have the inclination and money to support your cause. The advantages of this second
strategy are:
• The people who are
asked are more likely to say "yes." Less
convincing is needed and less of a chance of a "no" helps keep volunteer morale high. Plus, donors who
have a built-in reason to support your cause are more likely to donate again (presumably, their reasons for
donating will still be there next time you hold a fundraiser) so this group is already providing the basis for
on-going financial support.
• By using targeted appeals, your group is able to
target people individually. Rather than having many people walk by a stand or pass over an ad, your
volunteers are able to meet face to face with these targeted groups and the people who are more
likely to help you, reducing the chances of a "no" response.
• By targeting your donors, you have already
built an organization structure. You know who you have to contact and how to appeal to
them. There is less risk of overlooking an important donor source or of asking the same people
twice.
• Time and money are saved. Rather than spending lots of
time and money on a huge campaign, your group is able to do some research for free at the library
and then appeal directly to groups and people that are more likely to be interested and supportive of
your cause. Interviews with some groups can easily be set up for free, and government applications and a
campus presence would also be inexpensive or free. Less time is wasted talking to those who have no
interest in your project.
It is important to undertake some donor and
market research before you start fundraising as this will reduce time spent targeting a disinterested
audience. For example, women are probably going to be more interested in supporting a women's center
because they understand the issues and problems that women face. But in some cases, the donor target may be less
clear.
Next page: 6. Fundraising -
Research
Practical Fundraising Ebook - Table Of
Contents
- Fundraising - The Basics
- Fundraising - Terminology
- Fundraising - Money
- Fundraising - Where to Find Donors and How to Reach
Them
- Fundraising - Targeting Your Donors
- Fundraising - Research
- Fundraising - Your Donors' Needs
- Fundraising - Ideas
- Fundraising - Donated Products
- Fundraising - Bought Products
- Fundraising - Marathons
- Fundraising - Lotteries, raffles and
more
- Fundraising - Fairs, Auctions and
Bazaars
- Fundraising - Fun Events
- Fundraising - Drives
- Fundraising - Services
- Fundraising - Tips for Choosing a Fundraising
Idea
- Fundraising - Your Plan
- Fundraising - Your Team
- Fundraising - Staying Organized
- Fundraising - Communicating With Your
Donors
- Fundraising - Advertising
- Fundraising - Letters
- Fundraising - Emails and more
- Fundraising - Person to Person
- Fundraising - Thank You Notes
- Fundraising - Grant Proposals
- Fundraising - Press Releases
- Fundraising - With Computers
- Fundraising - Secrets to Success
- Fundraising - Problems
- Fundraising - Conclusions
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