Enhancing Donor Engagement: Building Long-Term Relationships After the Fundraising Event
Enhancing Donor Engagement: Building Long-Term Relationships After the Fundraising Event
As a nonprofit, maintaining long-term donor relationships should always be among your key goals. Yes, one-time donations from a large number of people can be fantastic. However, developing more meaningful relationships that result in regular donations and advocacy is an invaluable use of your team’s time.
One effective way to approach this is by gathering data at your fundraising events. These are occasions in which donors have actively chosen to interact with your organization, which can be a sign of their commitment to a shared cause. The more you can learn about these people, the better you can build a solid foundation for your relationship.
Gathering Relevant Data
Building long-term relationships with your donors begins with collecting the most relevant and actionable data. Many organizations focus their data collection on online interactions or previous donations. However, you should consider the techniques you can utilize to gather data at events. Fundraisers can be great opportunities to collect a wider range of information — attendee demographics, event feedback, and networking information, among others — that can directly influence long-term connections. By adopting a combination of tech tools and data collection processes, you can gather information that makes a difference.
Some approaches to this include:
Utilizing technology
Technology that captures data has become more accessible in recent years. You can place tablet devices throughout your event that are pre-loaded with surveys. You might also consider utilizing wearable wristbands that are fitted with radio-frequency identification (RFID) chips. These can be linked to donors’ information so that sensors throughout the event can collect data about displays they spend time at, the silent auctions they bid on, and members of staff they’re particularly keen on interacting with, among others.
Leveraging attendee registration
Registration forms for entry into your event should, of course, be as simple and user-friendly as possible. Nevertheless, do not overlook this as a tool to collect relationship-relevant data. Certainly, you can gain some specific demographic information here. However, you could also include a few relevant, yet insightful, questions. For instance, how have they heard about the event? What area of fundraising are they most interested in?
Assessing and Interpreting Data
Having access to a lot of data gathered from your fundraiser is, of course, a positive thing. Nevertheless, this information is relatively useless unless you have protocols to assess and interpret it effectively. With the right systems in place, you can ensure your team can utilize the data to start carefully building those all-important long-term relationships.
Some effective ways to proceed include:
Identify actionable insights
Effectively using data for relationship-building means going beyond the obvious or more general data points. You should identify high-quality yet hidden insights within consumer data that enable you to optimize your strategy. For instance, qualitative survey responses can help inform a social sentiment analysis that reveals nuanced information about respondents' feelings toward your organization or initiatives. You could also look for behavioral insights from event engagement data that highlight initiatives or products they have a particular affinity for. Each of these elements can boost your relationship-building efforts moving forward.
Utilize data analytics tools and analysts
Reviewing and organizing your event information can be a complex process. Therefore, it tends to benefit from specialist analytics tools, processes, and expertise. Firstly, data analytics software is increasingly accessible, with options that automatically segment information and present visualizations of results. Indeed, there are also artificial intelligence (AI) driven data analytics platforms that utilize natural language processing (NLP) to provide information about the meanings behind qualitative data. It may also be useful to include professional data analysts in your processes. You’ll be able to discuss the relationship-building goals for your organization so that they can arrange the most appropriate analytics methods.
Utilizing Data to Forge and Support Relationships
Once you have actionable insights, it’s time to start using them. It’s important to involve your donor management and marketing teams in reviewing the information available and establishing how they can most effectively leverage it.
Some approaches can include:
Personalized outreach
Perhaps the most impactful way to use data to build relationships is by personalizing your outreach. This should begin with a personalized expression of appreciation for attending your event. Naturally, it’s impractical to make all donor communications individually tailored to the recipient. Nevertheless, the more high-quality data you have about your event attendees, the better your team can craft more nuanced donor personas that result in communications that are more finely tuned to each donor’s interests and needs. Not to mention that you can populate each communication with the preferred forms of address and language styles that are suggested by your collected data.
This may be particularly difficult if you’re working with a small marketing team. After all, many non-profits don’t have the funding or resources to hire a large team of employees with plenty of experience in email campaigns. Instead, find ways where you can automate your marketing campaign, especially if you’re planning on focusing on email. You’ll save time and money without sacrificing the quality of the campaign as well.
Relevant campaign pitches
Not all campaigns are likely to be relevant to all donors. Therefore, putting effort and resources into pitching all campaigns to them may not be the most effective return on investment (RoI). Not to mention that being bombarded with campaign requests that don’t chime with some donors may well see them disengage with your organization. Instead, the data gathered at events and analyzed following these can help you target your donors' particular areas of interest and engagement. This may help you more effectively keep up the momentum of your relationship with them.
Conclusion
In the years beyond your events, it’s vital to keep gathering and using data to build on this foundation. Regularly interact with your donors to understand more about them. This not only gives you more nuanced and up-to-date information, but it can also communicate to your donors that you care about their experience.