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Joe Boland
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FundRaising%20Success%20Virtual%20Conference%20%26%20Expo<%2Fa>%20held%20last%20Thursday%20(and%20available%20on-demand%20until%20Aug.%2024).%20Craver,%20founder%20of%20DonorTrends<%2Fa>%20and%20editor%20of%20TheAgitator.net<%2Fa>,%20said%20that%20is%20the%20reality%20today%20—%20with%20declining%20acquisition%20rates,%20rising%20acquisition%20costs,%20declining%20retention%20rates%20and%20declining%20income%20playing%20factors.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2F12-steps-donor-retention-lapsed-donors-donor-acquisition-donor-renewal-tomorrow%2F" target="_blank" class="email" data-post-id="10427" type="icon_link">
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1. Focus on retention
“There is nothing more important than working on keeping what we have,” Craver said. Fundraisers should know their donors’ giving histories and tendencies, including their preferred channels of communications/giving, gift amounts, frequency, etc., and upgrade/downgrade accordingly.
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