One organization reported that by making recurring giving its website default, its number of recurring gifts improved from 1.6% to 5.5%!
Since 2015, banks have been replacing magnetic-stripe cards with chip-enabled cards in record numbers. This has left everyone—including nonprofits—struggling to maintain accurate data.
With all these approaches, you’ll be able to convert new donors to monthly donors within the first 3 months, thus improving your donor retention rate and generating more money from your sustainers over time, as soon as possible!
By creating a convenient experience for your monthly donors, you’ll gain the benefit of higher sustained revenue and a group of committed, loyal donors that want to incessantly support your organization.
Use the month of January as an opportunity to ask all your year-end one-time donors to make a New Year’s commitment to your mission by becoming a sustainer.
Canadians are known for many things. Maple syrup. Hockey. Saying sorry all too often. And of course, Justin Bieber (We really are sorry about that one…) But Canadians are also unique for their giving habits.