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Michael Hoffman
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Michael Hoffman
DEC 8, 2008
Fundraising and the Economy

“With the economy currently in crisis, your support is needed more than ever.”

If you haven’t read these words, you probably will. Every organization is feeling stressed by the economy, wondering how they will make their budgets in these tough times. And because everyone is feeling it, it makes sense to talk about it, right? We should remind people that it’s particularly important in a tough economy to support us, right?

Wrong!

M+R Strategic Services has done some important research with their client testing language about the economy.

Here’s the money quote:

What are other nonprofits doing to stay the course? One M+R client recently tested two versions of a special appeal: One simply stated the need for funds for many reasons, but did not make mention of global financial crisis. The other appeal led with a brief sentence stating that the current global financial crisis has made the need even greater. Both email messages had identical open rates, but the email with the mention of the financial crisis received 20% fewer click-throughs, and a 12% lower response rate than the email that did not. The lesson learned? Reminding your constituents of the current economic crisis, even when it is topical and strengthens your case for giving, does not make donors more likely to give, and may actually turn them away from giving.

Link [M+R Strategic Services Report]

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One Comment     comment
  • Interesting Snippet: Using the Economic Downturn to Boost Year-End Giving | Good Works Grapevine

    [...] Interesting Snippet: Using the Economic Downturn to Boost Year-End Giving Posted on Dec 10, 2008 under Fundraising, Non-Profit Specific | Fundraising and the Economy – this blog post from See What’s Out There sheds a very interesting light on using the economy as a scapegoat for donor troubles. Sure, we all know that the downturn in the economy is drastically effecting the revenue streams for nonprofits. But this social experiment proved that donors don’t want to hear about it. [...]

    10 Dec 2008

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