Nonprofit Fundraising in 2020
Ken Burnett at SOFII (Showcase of Fundraising Innovation & Inspiration) recently wrote the following response to the question: How will donors be different in 2020 and how will they be the same?
Says Ken:
The answer, of course, is ‘Well, it depends…’.
It depends principally on whether fundraisers will get clever and start building more substantial, more meaningful relationships with their donors, offering them more tangible benefits and practical engagement. Or whether, instead, they will continue the same old current paradigm of thinly veiled hard sales tactics ineptly and only partly screened by a so-called ‘relationship fundraising’ approach. This of course results in the shallow and superficial relationships that most fundraising organisations have with their donors today.
As I’m an idealist I’ll opt for what I predict might happen if a few farsighted fundraisers wise up.
Let me start with some assumptions. Technology is rapidly changing fundraising communication and this will continue for the next 11 years at least. We might learn to distinguish between useful change and distracting change, but I doubt it. As a result of some of these changes though, donors have gained and will gain increasing control of our means of communicating with them, despite a proliferation of channels. Donors are unlikely to become more trusting and docile, rather they will increasingly seek accountability and transparency as well as control of where their money goes and value for their money.
Generally donors’ motivations for giving, complex though these are, won’t change much. Some fundraisers though will get better at understanding these motivations and at responding creatively to them. Some fundraisers will get better at calculating and estimating lifetime values and so will realise the benefits of not focusing constantly on quick hits and the short term.
Smart fundraisers will recruit only trained communications professionals and will invest in building the communication skills of their staff. Smart fundraisers will realise that successful communication is not about what they want to say or how they say it but rather about what donors are prepared to hear and how cleverly fundraisers can present that. With luck, the curse of assumptions will be driven from our halls. Wise fundraisers will listen better and will judge their responses better. Wise and smart fundraisers, needless to say, will be in the minority, but will be much more successful.
The emphasis will be on the donor experience: ‘experience fundraising’, as I once called it. Real, useful, regular feedback will be one part of the key to this, consistent, informative, welcome and produced to a very high standard. This feedback will be combined with a creative and carefully constructed, even tailor-made, thank-you policy that constantly reminds donors of what a great thing they are doing from their point of view. My fundraising strategy for the future (if I had to write one) would be built around thanking donors effectively.
The whole thing, of course, will be built upon more imaginative, more creative and better use of data.
Fundraisers will wake up to the fact that they are selling neither their organisations nor their causes, nor their missions and certainly not all the nuts and bolts and insignificant minutiae of what they do. Rather they are promoting joy, the warm glow, the exhilaration, the sense of achievement and fulfilment, even the meaning of life. As business life and political life are so discredited now, the timing for all this could not be better now.
Charities will also realise that to do this effectively they have to be very good indeed and they will need to employ fundraising professionals who are very good indeed too (so can demand very good conditions of employment).
This all requires an approach to fundraising that individuals and their organisations will live, day in day out, not just talk about at conferences.
Most fundraisers of course will not make this leap so most donors will continue to be just as uninspired by charities and the people that work for them as they are today. They will continue to be pissed off by them just as frequently too.
So, another interesting decade, then.
Ken Burnett
Well said, Ken. You deserve a raise!
Tom
P.S. On his website, Ken offers 12 practical suggestions you might want to consider if you think his comments are on the right track.
Not only does Ken deserve a raise, but his 12 practical suggestions found on his website are must ‘read and heed.’ Now’s the time to read the instructions on the flotation device.
Yes, this is one of his better blogs that gives NP’s ideas on how to move with the changing times….