Financial Management
One can never overstate the value of data and statistics, and the same applies to nonprofits across the globe. Did you know that your nonprofit organization’s data, if handled correctly, can be used to excellent marketing advantage?
Statistics is the study of how data is collected and analyzed. You can use it to determine the probability of something happening.
Statistics is a powerful tool that can help you predict what might happen in the future. Data is often used to measure how successful a company or product is or how likely someone will buy something from you.
There are many different types of statistics, but they all have one thing in common: they are numbers that represent information about a particular event or situation.
Your nonprofit could be educational, religious, or charitable. Your data can help you make decisions and improve the services you provide. The data also helps to maintain the quality of care and helps ensure that it is compassionate and high.
There are many ways your nonprofit can use its data to maximize its value. Here are five of them:
1) Use statistics to understand your progress toward achieving your goals
2) Use statistics to understand what works and what doesn’t
3) Use statistics to measure the effectiveness of your programs
4) Use statistics for fundraising purposes
5) Use statistics for program evaluation
However, a critical use case of these statistics and data points is how you use them in your marketing efforts. It’s best to be subtle yet persistent when persuading others to give you money or their time.
Here’s an outline of how you can focus on collecting the information required for formal incorporation, along with automated processes that will help keep your organization top-of-mind among its supporters.
Summary
- Keep an eye on competitive tactics in marketing
- Create lead-capturing forms and sprinkle them throughout your pages
- Use collected information to classify your supporters
- Automated follow-ups allow for timely contact
- Always include a logo in emails
1. Keep an Eye on Competition for Clever Advertising Ideas
Understand that your nonprofit is competing with others. Keeping tabs on what the opposition is doing is thus crucial. In contrast to for-profit enterprises, the goal here is not to dominate the market. Everyone’s putting effort toward a worthy goal.
Looking at what other successful nonprofits are doing can help you determine if those methods are replicable without looking like blatant plagiarism. Moreover, this could be a chance to connect with people who share your passion for the exact cause and form lasting partnerships.
Try out concepts you’ve heard about at other companies to see how they fare. You can assess the likely results on a bigger scale before launching a full-fledged marketing campaign by involving a small portion of your audience with the test. Merely make sure to let everyone know that this is just a test.
2. Create Lead Capture Forms and Sprinkle Them Throughout Your Pages
Be thorough in gathering information from new participants. Include their email address and how they envision contributing to the nonprofit. Is it to make a monetary contribution? Would they be willing to provide a hand if asked? All of these facts are vitally significant to know.
There should be lead capture forms throughout, not just on the website. All blog postings and social media profiles should include a link to the survey. A means should exist to identify potential volunteers if any information about the organization is available.
3. Use Collected Information to Classify Your Supporters
Collecting information from lead capture forms is the first step, but you’ll need to sort it out. Selecting the categories, you will use to classify individuals will require careful consideration. From there, you can ensure that you’re continuously adding like-minded supporters to the groups.
This data is critical for developing targeted, personalized messages. Individuals who would instead give money than their time would not benefit from being bombarded with information about upcoming events.
Instead, you would provide details about your organization’s unique financial needs and goals in subsequent communications. Also, it’s helpful if volunteers can learn about upcoming opportunities and sign up in advance.
4. Automated Follow-Up Allows for Timely Contact
Once you’ve found a backer, there is no room for delay. Follow-up automation and similar solutions make it easy to send a warm welcome email to the new employee. The automated collation of information from the lead collection forms allows for the customization of this friendly email.
In addition, you can set up an email marketing campaign that runs virtually by itself. Set up emails to provide the essentials (introduction, details, reminders, and gratitude) to everyone participating.
Following the successful conclusion of a campaign, the automated email follow-up system can be disabled for that particular subset. You can keep supporters in the loop through recurring emails.
You should know that the quantity of subsequent donations declines after the initial contribution. When a business donates twice as much, this number rises.
Getting a donor to make that second donation is essential to keep them for the long haul. Consistent, nonintrusive participation is the key to success in this regard.
5. Make Sure Your Emails Have a Logo
You should always ensure that potential donors and clients can quickly identify your emails as coming from you. This activity serves two purposes: it discourages imposters from committing fraud in your organization’s name and keeps people engaged.
The nonprofit’s email communications aim to evoke the positive emotions one experiences while engaging with a cause one cares about. Even beyond the obvious (and necessary) inclusion of a contribution link or button in all communications, it’s also a good idea to use corporate colors and logos.
A greater likelihood that your clients will consider the substance of your emails seriously depends on how easily they may recognize them.
Summary
While there is no foolproof method to ensure supporters will remain active with a nonprofit over the long term, strategic marketing can help sway people in that direction.
If you want to explore how data and automation may improve your marketing efforts, taking stock of where you are now is essential.
By employing these tactics, you can ensure that your organization remains at the forefront of people’s minds when deciding where to allocate their money and time.
World Statistics Day is a global event celebrated on the 20th of October every year. The day reminds people of the importance of statistics and how they use them daily.
Every year on this day, the United Nations General Assembly adopts resolutions to celebrate the day and highlight the importance of statistical data for sustainable development.
The first World Statistics Day was celebrated in 1970, and it has been observed annually ever since.