Did you know that thanking someone for a donation within 48 hours makes it 400% more likely that they will donate to you again? Research shows not being thanked continues to be the most common reason people give for not making further donations to an organisation.
You spend a considerable amount of time and budget finding donors - shouldn’t you spend as much time making sure they stick with you?
Thanking donors should not be a chore, it should be a genuine recognition of their gift. Lack of appreciation is bad manners and a waste of an excellent opportunity to start a conversation. This is your best chance to tell your story, explain what the donation will mean for your beneficiaries and build a relationship with the donor.
NCVO survey found that 70% of donors felt that the thank you was important but that many acknowledgements were dull and predictable. What a shame!
There are lots of great examples out there but the principles are:
- keep it short
- make it personal (use their name)
- be quick (less than 48 hours)
- thank them for something specific (ideally the amount £)
- tell a short story on how the donation will be spent
- include your website link
- close with another thank you
Treating donors as long-term partners who share your passion for the cause will go a long way in securing further support and hopefully repeat donations.