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When all is said and done, Titus said, fundraisers must ask themselves, “Can you ever really walk away (from these donors)?”
Instead of giving up, “go deeper.”
“Remember, a reinstated donor traditionally has a higher lifetime value than a newly acquired donor,” she said.
But it’s not just about getting donors to come back. Graham Hunter, session co-presenter and senior vice president of Greenwich, Conn.-based agency May Development Services, a division of Direct Media, said it’s about getting the most value from them. To that end, he suggested, fundraisers needs to define exactly what constitutes a lapsed donor, lay out an objective for each appeal, and compare lapsed-donor strategy to acquisition, traditional segmentation and modeling.
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Melissa Busch
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