What They Get Is Key to Why They Give
Be sure your donors know exactly what the benefits of giving are.
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The benefit exchange
In crass marketing terms, we call this the benefit exchange. It is the answer to the question, what do I get for my money? If I’m buying pricey antiwrinkle cream, the benefit exchange might involve $100 as the price for the hope that I can regain my youth. If I’m fundraising, there are many possible benefit exchanges I can offer my donors — faith in themselves, inspiration, a feeling of accomplishment, or, on a more mundane level, a plastic wristband or logo-laden coffee mug.
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Katya Andresen
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