best practices in fundraising
DESCRIPTION
Do's and Don'tsTRANSCRIPT
BEST PRACTICES IN FUNDRAISING
WHAT WORKS
WHAT DOES NOT
The tools of fundraising covered
Direct Mail Outsourced Face2Face sales Telecalling Cause Related Marketing Events Payroll Giving Products
Direct Mail Lift LetterWarm MailBREBanks’ high net worth client listsGold card / Diner card listsMagazine subscription listsNewsletter / Annual ReportTax-mailCase studies / Success Stories
Direct Mail
Reckless Cold Mail Improper gap CA/Doctor/Lawyer lists Too text heavy mailers Pictures of distress Girl child mailers in North India
OutsourcedFace2Face Sales
Universality of your cause Good brand awareness Compatible outsourcing partner Regular orientation Concise presentation literature Large numbers tapped Close monitoring
Outsourced F2F Sales
Too much aggression Low employee replacement Cash donations Low levels of general awareness Improper donor servicing
Telecalling
Very effective for new donors and retention both
Backed by cheque pick-up facility Smart communicator- non-intrusive Crisp script Effective even during weekdays
Telecalling
Residences in afternoons Follow-up calls not made Several people same database Reckless calling on mobiles
Cause Related Marketing
Good brand goodwill Innovation & Value addition Pitching on Brand Managers / Marketing
& Communication people Minimum commitment MoU Established donor partner High levels of promotion
Cause Related Marketing
Small donor brands trying to piggy back
No synergy between donor and recipient brands
Half hearted promotion Over exposure of NGO brand
Events
Good for fund raising and brand building Corporate participation events Media /Hospitality/ Travel partners Multiple ways of generating funds Involvement of volunteers Proper cost budgeting Piggy backed events Good media coverage
Events
Inadequate cash sponsors Only relying on gate money High logistics events Non-synergistic events Not following of legalities Not delivering on promises- a disaster Unsound revenue model
Payroll giving Support of top management Support of payroll division CEO endorsement Active staff champions Possibilities of direct interactions with
employees Employer matching NGOs supporting multiple causes
Payroll giving
High level of logistics Payroll division’s spanner Inadequate paperwork High attrition rates
Products
Seasonal greetings products Products that can be mass produced
without loss of quality Good marketing partner Proper branding leads to brand building Being competitive vis-à-vis commercial
alternatives
Products
NGOs handling retail sales Not calculating inventory as costs Low margins Brand imagery of being a product’s
company Taxation tangles