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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