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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